Binance Staked Ether Experiences $573M in Inflows This Month
Two days of inflows fueled a more than fourfold increase in Binance staked ether’s total value locked.
Financial
UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding
The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime, CoinDesk was told.
Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund
Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.
FTX Bankruptcy Estate Sues Sam Bankman-Fried’s Parents, Joseph and Barbara, to Claw Back ‘Misappropriated Funds’
The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents.
‘I Just Want to Keep Things Moving’: Judge Makes No Ruling in SEC-Binance Document Dispute
Judge Zia Faruqui did not make any rulings on the SEC’s discovery requests or Binance.US’s opposition.
Bitcoin’s Crypto Market Dominance Rises to 50% and It Could Go Higher, Say Analysts
Hopes for a spot bitcoin ETF and the latest regulatory actions could prove to be further catalysts.
Binance’s U.S. Exchange Bucks SEC’s Document Requests Amid Investigation
The crypto exchange is fighting to avoid handing over certain documents to the regulator, arguing the SEC’s requests are “overbroad.”
Bitcoin Gives Up $27K in Sharp Tumble as Crypto Liquidations Top $100M
The price earlier on Monday had risen to above $27,400, its highest level since late August.
Chainlink’s LINK Soars, Outperforming Other Crypto Majors
The uptick comes as the company has secured a number of notable partnerships with traditional finance institutions.
Binance Is Supposedly Separate From Crypto Custodian Ceffu. The SEC Has Questions
As regulators prepare to square off with one of the world’s biggest crypto exchanges in court, Ceffu has denied any ties to Binance or U.S. operations. The reality is murkier.