A federal appeals court ruled last week that Binance needs to face a putative class-action lawsuit from a group of U.S.-based crypto investors who allege the exchange allowed them to buy and trade unregistered securities in the form of certain cryptocurrencies. The ruling doesn’t make a determination on whether the tokens are indeed securities or not, but it’s significant in broader securities cases nonetheless.
Ryder Ripps’ defense counsel rejected Yuga Labs’ claims in a follow-up filing earlier this week, as the legal dispute drags on.
OKX announced today that its Singapore subsidiary has received in-principle approval for a Major Payment Institution license.
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors.
Coinbase plans to sell $1 billion in debt to institutional investors as the crypto market flies high.
Texas-based Core Scientific, which recently started trading again on Nasdaq, reported earnings for the entire fiscal year of 2023.
The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform.
Tensor, the Solana NFT marketplace that began pursuing pro traders a year ago, will issue a governance token.
Solana-based NFT trading platform Tensor said Tuesday it will issue a token, $TNSR, whose holders will govern the protocol.
Roman Sterlingov, the founder of long-running cryptocurrency mixer Bitcoin Fog, was convicted by a federal jury in Washington on Tuesday of facilitating the laundering of over 1.2 million bitcoins – worth about $860 million at today’s prices – tied to darknet marketplaces.