Binance’s Multi-Billion CFTC Penalty Was ‘Heightened,’ Says Commissioner Kristin Johnson
Johnson clarified that the agency sued the crypto exchange because it “simply failed to comply with regulation,” and didn’t accuse it of misconduct.
Financial
Crypto Miner Phoenix Group’s Shares Surge 35% in Abu Dhabi Stock Market Debut
In November, the UAE-based company said its initial public offering (IPO) was 33-times oversubscribed.
Pyth Oracle Network Brings Industry Heavyweights Into Governance Post-Airdrop
The low-latency oracle network’s new “strategic partners” include Castle Island Ventures, Multicoin Capital and Wintermute Ventures. They could play a major role in shaping how the platform evolves.
Flowdesk Picked by Forge to Become Marker Marker for Euro-Based Stablecoin
EURCV isn’t the first Euro stablecoin, but it has the institutional backing of Societe Generale, a major European financial institution.
Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says
The regulator has brought enforcement actions against Coinbase and Robinhood.
First Mover Americas: BlackRock Received $100K Seed Funding for Its Spot BTC ETF
The latest price moves in crypto markets in context for Dec. 5, 2023.
U.S. Crypto Lobbying on Course for Record Spend This Year
Crypto companies spent almost $19 million on lobbying by the end of the third quarter compared with $16 million in the same period last year.
DeFi Market Rebounds to $50B as Speculators Hunt for Yield
An uptick across Solana-based protocols coupled with more than $700 million in deposits to Blast has fueled growth of the value locked in decentralized finance.
Coinbase’s Rally Still Has Legs, Chart Analyst Says
Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing.
BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations
Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens.