Coinbase narrows its subpoena to focus on SEC Chair Gary Gensler’s communications since April 2021, aiming to showcase his evolving views on crypto regulations. Judge concerns led to this refinement. SEC’s response due August 5. #CryptoRegulations
Coinbase narrows its subpoena for SEC Chair Gary Gensler, now seeking only documents from his tenure as chair. This follows Judge Failla’s concerns about scope. The SEC accuses Coinbase of operating as an unregistered broker. The refined subpoena aims to clarify crypto regulation. #CryptoRegulation
#Update Binance, the world’s largest crypto exchange, adjusts tick sizes for certain trading pairs starting July 22. Changes include AR/TRY, NEAR/TRY to 0.1, and FLOKI/TRY to 0.000001. Market responds with price surges: $IMX +9%, $ZRO +6%. $WIF, $LINK, $MATIC, $TRX also gain.
Binance CEO Richard Teng marks the platform’s 7th anniversary with milestones: 210M users, $100B in user assets, and 541 digital assets. Binance Pay and Earn services reach 24M and 8M users, respectively. #Crypto #BinanceAnniversary
Coinbase analysts predict continued crypto volatility through Q3 2024. Despite recent $BTC challenges, approvals of spot ETH ETFs and SOL ETF applications signal hope. Analysts see potential Q4 recovery with interest rate cuts and US election impacts. #Update #CryptoNews
Judge denies Coinbase’s request to subpoena SEC Chair Gensler for testimony in ongoing legal case. Coinbase sought Gensler’s 2017-2024 correspondence, calling it crucial for SEC’s crypto stance. Judge Failla criticized the move as time-wasting, urging better dialogue. #CryptoRegulation #Update
Judge Katherine Polk Failla criticized Coinbase’s subpoena for SEC Chair Gary Gensler’s communications, calling it “fatuous.” SEC attorney Jorge Tenreiro argued it was irrelevant. The judge urged Coinbase to revise its request, emphasizing cooperation to streamline discovery in the $COIN case. #Update
Binance Charity donates ₴1M to “Ohmatdyt” hospital after missile attack. Funds support recovery and aid families with children undergoing cancer treatment. Donations in $BTC, $ETH, $USDT, $USDC, $BNB, and Solana highlight crypto’s role in rapid, transparent aid. #Update
Coinbase launches a web app for 360 portfolio management, integrating 8 networks including Base & Solana $SOL. Features include passkey replacements and gasless development, simplifying crypto use on desktop & mobile. #Update #CryptoNews
Binance is aiding the Terra Classic community with the $USTC revival plan, complementing its $LUNC burn campaign. Binance’s efforts have eliminated over 62 billion $LUNC tokens. The price of $LUNC rose by 1% to $0.00007192, and $USTC climbed by 0.50% to $0.01608. #CryptoNews
Binance is set to sell a majority of its Gopax stake to cloud provider Megazone, reducing its share from 72.26% to 10% by July’s end. This move aims to meet regulatory demands and improve corporate governance. #CryptoNews
Binance will delist key margin pairs $BTC/$TUSD and $TUSD/$USDT on July 24, 2024. Isolated margin borrowing for these pairs halts on July 12, 2024. TUSD balances in Cross Margin Wallets convert to $USDT automatically, impacting new positions. #CryptoNews
Crypto.com and @unstoppableweb are offering 200 premium Web3 domains from July 10 to August 9, 2024, priced $20-$10,000. Secure your Web3 identity with simple, user-friendly names like “x.x” and “1.go.” #Web3 #Update
Coinbase lists Stader ($SD), causing a 100% surge in its value. The token’s 24-hour trading volume hit $6.6M, with a market cap of $30.8M. Coinbase also secured a $32.5M contract with the U.S. Marshals Service and acts as a custodian for VanEck’s HODL Bitcoin ETF. #CryptoNews
