Unknown parties fabricated rumors that Binance’s CEO is tied to the Chinese Communist Party (CCP) with the help of ChatGPT, based on reports from May 1. ChatGPT sourced info from fake pages... Read more »

Binance CEO Changpeng ‘CZ’ Zhao said the exchange would prevent crypto entrepreneur Justin Sun from farming Sui tokens with his $56.1 million True USD (TUSD) deposit. On May 1, Whale Alert reported... Read more »

In the tumultuous world of cryptocurrencies, while most digital assets have suffered severe downturns, LayerZero seems to have emerged as one of the most popular projects in the bear market.  This blockchain... Read more »

The U.S. Securities and Exchange Commission (SEC) imposed cease-and-desist orders and fines upon three parties involved in UpToken on April 28. SEC names parties involved in UpToken ICO The SEC said that... Read more »

The U.S. economy grew at an annualized pace of 1.1% in Q1 2023, which came in slower than expectations and was forecasted to come in at 1.9%. Stagflation is now a concern... Read more »

Cross River Bank has received a consent order from the FDIC demanding further oversight, according to a filing made public on April 28. Bank receives order for lending compliance The FDIC suggested... Read more »

The U.S. Federal Deposit Insurance Corporation (FDIC) investigation into the collapse of Signature Bank found that the root cause of its troubles was “poor management” and risky crypto deposits. The FDIC released... Read more »

According to the CryptoSlate data, the Render Network token (RNDR) recorded a 43% surge in two days after the community approved the network’s Solana (SOL) expansion. The Render community approved two proposals,... Read more »

Coinbase executives discussed their company’s ongoing conflict with the U.S. Securities and Exchange (SEC) in a new video on April 27. Coinbase doesn’t list securities; situation hasn’t changed Coinbase Chief Legal Officer... Read more »