The popular stock trading app Robinhood announced on Friday that the company would be delisting all of the cryptocurrency tokens that trade on its platform that the SEC classified as unregistered securities. According to Robinhood, it will end support for the crypto tokens Cardano (ADA), Polygon (MATIC), and Solana (SOL) after June 27.
Binance.US tells customers to withdraw their cash from the exchange as the SEC pursues its ‘ideological’ attack on the crypto industry
"The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign," Binance.US said in a statement.
Here’s What Two Crypto Bros Are Doing a Year After Their Company Went Bankrupt
Davies and Zhu, however, departed Singapore (where the company was based) and spent time in Bali. Zhu eventually returned to Singapore, where he lives in a $35 million luxury home, according to media reports.
Feds charge two men for the $400 million Bitcoin hack that took down Mt. Gox
The US federal government has charged two Russian nationals in connection with the series of hacks that brought down the Mt. Gox Bitcoin exchange in 2014. In a press release on Friday, the Department ...
DOJ reveals identity of Russian hackers believed to be behind epic Mt. Gox bitcoin theft
The men are charged with orchestrating what was then the largest cryptocurrency hack in history — a theft that would amount to nearly $18 billion today.
Crypto.com to Close US Institutional Service Amid SEC’s Crypto Crackdown
Singapore-based cryptocurrency exchange Crypto.com said Friday that it will wind down its institutional service in the States.
Japanese investors plan to sue MUFG unit over Credit Suisse bonds, Nikkei reports
A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including Mitsubishi UFJ Morgan Stanley Securities, over their sale of AT1 bonds issued by Credit Suisse Group AG ,
This startup will quit your job on your behalf and save you the guilt trip—all for $144
In an interview with Al Jazeera published on Wednesday, Exit’s founder Toshiyuki Niino said many employers in Japan “give you a guilt trip” and attempt to convince workers to stay when they hand in ...
Gensler can destroy the U.S. crypto industry but he can’t kill crypto
Even after the Securities and Exchange Commission launched a double-barreled assault on the industry with lawsuits against its two most important companies, crypto prices barely budged. On Monday, ...
Their Crypto Company Collapsed. They Went to Bali.
The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.
Binance.US to Stop U.S. Dollar Withdrawals and Become ‘Crypto-Only’ Amid SEC Lawsuit
The U.S. arm of the world's largest crypto exchange is suspending transactions in U.S. dollars in response to a SEC lawsuit.
Robinhood Removes 3 Crypto Tokens Following Regulatory Crackdown
Robinhood Markets Inc. will remove three tokens from its crypto trading platform, after a high-profile regulatory crackdown on some of the industry’s biggest exchanges.
US targets Binance and Coinbase – is the government ready to regulate crypto?
Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent ...
SEC Crypto Action Leaves Stablecoins in Limbo
Authorities have still not made clear when stablecoins are considered securities or how they will be regulated.
Binance’s U.S. subsidiary pauses dollar deposits in wake of SEC lawsuit, says it’s becoming a ‘crypto-only exchange’
The SEC sued Binance on Tuesday, alleging 13 counts that included the mishandling of customer funds and offering unregistered securities.
Wealthy Investors Are Piling Into Japanese Stocks
Bank of America's high-net-worth clients are making big bets on Japan. The bank said its private clients, who together have about $3.1 trillion in assets under management, have been predominantly buyi ...