SEC Says Binance Implemented ‘Tai Chi’ Plan

Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has stated in its recent legal filing that Binance implemented much of the so-called “Tai Chi plan” in setting up its US entity.

OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

Reading Time: 3 minutes ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu,…

Crypto Exchanges Volume Hits $307B in May

Reading Time: < 1 minute According to The Block Research’s Legitimate Volume Index, exchange volumes have declined significantly with May’s figure falling 23.2% from April to $307.4 billion.

Ethereum Fees Fall to Two-month Low

Reading Time: < 1 minute The daily average gas fee for transactions and contract execution on the Ethereum blockchain recently dropped to its lowest point in two months, after reaching expensive highs in May amidst the memecoin trading mania.

The SEC Files Charges Against Binance and Changpeng Zhao

Reading Time: < 1 minute The Securities and Exchange Commission (SEC) announced on Monday that it is charging Binance Holdings Inc. and its founder Changpeng Zhao with thirteen alleged violations of securities law.

Spheroid Universe Coin to be Listed on MEXC Exchange

Reading Time: 2 minutes Dubai, United Arab Emirates, June 5th, 2023, Chainwire Spheroid Universe, a futuristic Metaverse that augments the real world in every part of the Earth, is announcing that their token, SPH,…

Bitfarms Mined 459 Bitcoins in May

Reading Time: < 1 minute Bitfarms mined 459 Bitcoins in May, up 21.1% from April, despite an increase in mining difficulty of 44.9% since the start of 2021 (5.2% in May specifically). The price of…

Analytical Firm Elliptic Integrates AI-powered ChatGPT

Reading Time: < 1 minute Elliptic, an analytical company, has announced that they are integrating support for the ChatGPT chatbot into their system for collecting and analyzing data from networks.

Number of Avalanche’s Monthly Active Users Reaches 1 Million

Reading Time: < 1 minute Avalanche, a Layer 1 blockchain network, has achieved a significant milestone by surpassing 1 million monthly active users for the first time.