Tag: CoinTelegraph

SEC’s Binance suit contains heavy mix of predictable charges, novel revelations

CoinTelegraph

The announcement of the United States Securities and Exchange Commission (SEC) suit against Binance, Binance.US and Binance CEO Changpeng Zhao (CZ) may have surprised the crypto community, but the SEC’s focus on the exchange was well known. The suit’s contents Read More

Gate.io threatens legal action against rumor-mongers

CoinTelegraph

Centralized crypto exchange Gate.io has threatened legal action in response to rumors of imminent bankruptcy. Crypto community members have been speculating since May about a possible connection between Gate.io and the troubled cross-chain protocol Multichain. “Legal proceedings will be initiated Read More

Cryptocurrency markets’ low volatility: A curse or an opportunity?

CoinTelegraph

Cryptocurrency markets are well-known for their volatility, where large price swings help investors create or lose fortunes. Yet there are often periods of relative stability where the tight price action bores some while being an opportunity for others. Since the Read More

Elliptic integrates ChatGPT to bolster crypto risk detection

CoinTelegraph

Cryptocurrency risk management firm Elliptic has integrated ChatGPT to ramp up its efficiency in detecting crypto threats – a move which comes amid other crypto firms reporting mixed results in its implementation. Elliptic provides risk assessments to crypto users regarding Read More

Warren’s alleged work with short-seller shows anti-crypto army heating up

CoinTelegraph

What do progressive Democrats, Republican national security hawks and Wall Street traders have in common? They are all apparently enlisting in United States Senator Elizabeth Warren’s “anti-crypto army.” The progressive senator’s reported alliance with Marc Cohodes, a Wall Street short-seller Read More

Brazil’s crypto exchange Mercado Bitcoin licensed as payment provider: Report

CoinTelegraph

Cryptocurrency exchange Mercado Bitcoin was granted a payment provider license from Brazil’s central bank on June 2, according to local media reports. With the license, the company will launch its fintech solution MB Pay. “The approval of the Central Bank Read More

Uniswap scam alert: Fraudsters impersonate executives and create fake website

CoinTelegraph

Hayden Adams, the creator of the Uniswap protocol and CEO of Uniswap Labs, recently expressed his surprise on Twitter regarding a scam where individuals created a fake Uniswap website. In a tweet, Adams indicated his astonishment at the elaborate nature Read More

MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform

CoinTelegraph

Megabank Mitsubishi UFJ Financial Group (MUFG) has announced that its stablecoin issuance platform “Progmat Coin” will soon be used by Japanese banks to launch Yen-pegged stablecoins on several public blockchains. Japanese banks have recently outlined intentions to either look into Read More

Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC

CoinTelegraph

Microsoft has reportedly signed a deal with former Ethereum miner CoreWeave to use its cloud computing infrastructure to support its Artificial Intelligence-powered services. According to a June 1 report from CNBC which cites “people with knowledge of the matter,” Microsoft Read More