Texas Regulator Orders Digital Asset Platform Abra to Cease Operations
The Texas Securities Board (USA) has issued an order for Abra to cease operations immediately due to accusations of securities fraud.
Number of Subscribers to Bitcoin and Ethereum Subreddits Hits a New Record
The subscriber base of the premier Reddit crypto communities – r/Bitcoin and r/Ethereum – has surged to a record of 7 million users.
Binance Files to Revoke Registration in Cyprus
Binance has filed an application with the Cyprus Securities and Exchange Commission (CySEC) to withdraw its registration.
Binance.US’ Market Share Falls to 2.7%
Binance.US has seen a sharp decline in its market share in the US, dropping to the lowest level in two years with only 2.7% of exchange volume.
Coinbase Says DEXes Cannot Be Regulated as Centralized Exchanges
It is impossible to regulate decentralized exchanges (DEX) like centralized exchanges due to the lack of clear congressional authorization.
Crypto Broker FPG Halts Payments After Losing $15M in Hacker Attack
Prime Brokerage Floating Point Group has announced that they have suspended trading, deposits, and withdrawals.
Bitstamp is Registered by the UK’s FCA
Bitstamp, one of the oldest crypto exchanges, received approval from the Financial Conduct Authority (FCA) in the UK to operate on June 13, making it the latest addition to the FCA’s crypto register.
ApeCoin DAO Releases Executive Salaries
Daniel G has taken to Twitter to express his dismay at the DAO Apecoin’s management salaries of $104,000 per month for the “special council” members.
Binance.US Rejects SEC’s Asset Block Request
Binance.US has responded to the US Securities and Exchange Commission’s (SEC) emergency request to freeze the exchange’s assets.
BlockFi Announces Customers Might Be Able to Withdraw Assets in Summer
BlockFi yesterday announced that it expects to conclude the necessary work and testing by this summer, giving customers the ability to begin withdrawing their assets.
BTC Miners Sent $70M to Crypto Exchanges in a Week: Report
Data from Glassnode analysts shows that between June 5 and 11, BTC worth approximately $70.8 million moved from miners to exchanges.
