
April 18th, 2025
Binance.US experienced a significant market crash following the lawsuit slammed on the company by the US SEC last week.
While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization.
The SEC lawsuits last week led to a heavy correction in the altcoins space as the SEC names several altcoins as securities. This, in turn, has helped the Bitcoin dominance to grow.
Crypto market prices have tumbled significantly since the news began to make rounds.
According to the SEC in a recent lawsuit, Binance deliberately broke several rules and secretly funneled customer funds via a separate entity.
USDT has become the most traded stablecoin, especially after the de-pegging of Circle’s USD Coin (USDC) earlier this year.
As proof of its growing interest in AI, the Solana Foundation has also announced its decision to increase funding for grants targeted at the development of AI on the Solana blockchain.
Amid the subdued activity in Bitcoin and Ether and no catalyst in sight, investors are finding opportunities in altcoins and other small cap crypto assets.
The stablecoins market is expected to significantly grow amid the mainstream adoption of Bitcoin and other digital assets globally.
The Cardano community is expecting at least, three key releases from the platform this year.
The Stripe-hosted onramp was created with Web3 companies in mind. It is designed to cater to their varied use cases.
Evaluation of participating projects will be based on their business acumen, creativity, focus on users, employing Solana tech, and real-world use of the product. Winners will get a chance to work with industry experts who will provide guidance to make their projects real.
The officials claim FTX-affiliated Alameda Research had largely repaid the $8 billion borrowed from Genesis Trading, a few weeks before the former filed for Chapter 11 bankruptcy protection.
Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000.
The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline.