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Binance NFT Introduces The Sandbox NFT02

13 Jun 23

Binance.US counters SEC’s motion to freeze funds as it threatens its business

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance.US has vehemently opposed the US Securities and Exchange Commission’s (SEC) proposed temporary restraining order, claiming that it would effectively end its business operations. The crypto exchange filed a response on June 12, criticizing the SEC’s emergency motion as “draconian and […]

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07 Jun 23

Sequoia Capital to divide global business into multiple parts

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Sequoia Capital, a venture capital firm, revealed its plans for a upcoming split, where it will divide into three separate partnerships catering to the United States, China, and Asian markets. The announcement was made on June 6 via the firm’s Twitter. […]

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16 May 23

BlockFi opts to liquidate its lending business

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a court document filed with the US bankruptcy court for the District of […]

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14 Apr 23

MonkeDAO to acquire rights to Solana Monkey Business NFT for $2m

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MonkeDAO, a decentralized autonomous organization (DAO) on the Solana blockchain, has revealed plans to acquire the rights to the popular non-fungible token (NFT) collection Solana Monkey Business (SMB). SMB enthusiasts formed the organization. To join, one must own an SMB NFT. […]

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02 Apr 23

Uniswap v3 business source license expires, developers free to fork

The Business Source License (BSL) for the Uniswap v3 protocol expired on April 1. Developers can now fork it, protocol documentation shows. The decentralized finance (DeFi) industry has eagerly awaited this expiration as it would allow developers to deploy their decentralized exchanges (DEX) using Uniswap v3 code. Uniswap v3 license replaced with a GPL The […]

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20 Mar 23

OKX plans to wind down business in Canada

Crypto exchange OKX emailed consumers in Canada that the company would no longer offer services or enable users to establish new accounts in the country. The rules will apply from March 24, 2023. The exchange cited new regulations as the reason for the shift. Withdrawals from OKX will continue to be accessible, the exchange noticed. 🔔 OKX […]

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28 Feb 23

SEC subpoena targets Robinhood’s crypto business

Financial services company Robinhood Markets received a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding the company’s crypto custody services and supported cryptocurrency assets on its platform. In a form 10-k filing with the SEC, Robinhood revealed that the company received the subpoena from the SEC in December 2022. The subpoena, according to […]

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13 Jan 23

FTX given the green light to sell four key business units

A Delaware bankruptcy Judge, John Dorsey, has allowed FTX to sell four business units. The sale includes LedgerX and three other business units as the company seeks to reimburse its creditors. In a ruling made on Jan. 13, the judge authorized FTX to solicit bids and sell the four separable sections of its business. These […]

1671595098 FTX generic 2

25 Dec 22

SBF spotted ‘chilling’ in business lounge after his $250m bail release

The crypto community spotted the ex-CEO of the ill-fated FTX at the JFK airport’s business lounge. Bankman-Fried was ‘relaxing’ with his laptop and other belongings before his flight to San Francisco. Do Bankman’s official numbers make sense? Bankman-Fried has been released on bail of a record $250 million after his parents, who are law professors, […]

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