Reading Time: < 1 minute Arthur Hayes, co-founder of crypto exchange BitMEX, has recently expressed on the platform’s blog his disappointment in the United State’s repression of the blockchain industry.
Author: Erica Peters
Binance Starts Offering its VIP Users a Transaction Accelerator
Reading Time: < 1 minute Binance has introduced a transaction acceleration service to meet the needs of VIP traders who have a monthly trading volume of at least $1 million on the exchange.
Changpeng Zhao Denies Exchange is Selling Bitcoin and BNB
Reading Time: < 1 minute Rumors have begun to spread on social media alleging that cryptocurrency exchange Binance had sold its Bitcoin holdings to safeguard its BNB positioning.
Judge Orders SEC and Binance.US to Reach Agreement and Avoid Assets Freezing
Reading Time: < 1 minute The two sides were “not that far apart” in terms of how to protect client funds, and referred them to a justice of the peace to reach a compromise.
USDT’s Market Cap Hits a New Record High
Reading Time: < 1 minute The market supply of the fiat-backed digital asset Tether (USDT) reached an all-time high of $83 billion at the end of May.
A Bill to Fire Gary Gensler is Submitted to US Congress
Reading Time: < 1 minute House Republican Majority Leader Tom Emmer and Congressman Warren Davidson have introduced a bill entitled the “SEC Stabilization Act” aimed at firing SEC head Gary Gensler and revamping the agency.
DeFi Market’s Trading Volumes Soar by More Than 400%
Reading Time: < 1 minute Traders have abandoned centralized platforms in droves and move funds to the DeFi decentralized finance market.
Crypto Exchange OKX Burns $258M of OKB Tokens
Reading Time: < 1 minute OKX has reported the successful completion of its 20th Buy-Back & Burn of its native token, OKB.
CFTC: New US Crypto Rules Could Take Years to Be Ready
Reading Time: < 1 minute Even if Congress passes new legislation to create a clearer route for digital assets to be considered commodities, don’t expect US crypto regulations to be put into place rapidly.
