US President Donald Trump has appointed Danielle Sassoon as interim head of the US Attorney's Office for the Southern District of New York, with responsibility for Manhattan and surrounding areas. Sassoon led the prosecution of FTX founder Sam Bankman-Fried, which ended in a 25-year prison sentence for Bankman-Fried. In addition, she was involved in the Department of Justice case against Terra founder Do Kwon. Sassoon is a graduate of Harvard and Yale Law School and served as the clerk to the la...
The Federal District Court for the Southern District of New York issued a consent order against Gemini Trust Company LLC for providing false or misleading information in violation of the Commodity Exchange Act (CEA). Gemini was ordered to pay a $5 million civil penalty and is subject to a permanent injunction. The case involves that between July and December 2017, Gemini submitted false or undisclosed key information to the CFTC to support the self-certification of bitcoin futures contracts, inc...
According to the official announcement of Binance, starting from 08:00 on January 22, 2025 (East 8th District time), the maximum negative balance information will be added to the unified account. When the negative balance of any asset exceeds the maximum negative balance of the corresponding asset, the automatic exchange process will be triggered and the negative balance will be repaid.
According to Coinedition, Senior U.S. District Judge Phyllis J. Hamilton granted a request by Ripple CEO Brad Garlinghouse and the SEC to seal certain court documents. As the case progresses, the parties can now keep sensitive information confidential. The sealed documents included key exhibits related to summary judgment and expert testimony that were crucial to the case. The court ruled under the Ninth Circuit's "compelling reasons" rule. Ripple seeks to seal eight documents related to summary...
On January 9 local time, Fanny Willis, the US District Attorney for Fulton County, Georgia, appealed to the Georgia Supreme Court to revoke the Georgia Court of Appeals' previous decision to disqualify her from prosecuting in Trump's Georgia election interference case. Willis said in her appeal that disqualifying her was wrong.
Binance Leverage will remove the following leveraged trading pairs on January 16, 2025 at 14:00 (Eastern Zone 8 time): Full position leverage: LIT/BTC, NULS/BTC, SFP/BTC; Leverage by position: BEL/BTC, LIT/BTC, LSK/BTC, NULS/BTC, SFP/BTC.
The Bitcoin genesis block was mined by Satoshi Nakamoto on the afternoon of January 3, 2009 (Beijing time 02:15:05 on January 4, 2009), and the block was rewarded with 50 BTC. As of today, it has been 16 years since its birth. The total block height of Bitcoin currently stands at 877566.
According to the DeFi report, blockchain start-up companies received $13.60 billion in venture capital investment in 2024, accounting for 4.9% of the total investment of $279 billion for the year. This figure is up from $10.10 billion in 2023, but still well below the record of $32.40 billion set in 2021. Going forward, benefiting from falling interest rates and regulatory clarity, analysts expect the crypto industry to attract more than $18 billion in venture capital in 2025.
Binance will stop supporting the deposit and withdrawal of DYDX tokens on the Ethereum network at 10:00 on February 12, 2025 (East 8th time). After 10:00 on February 12, 2025 (East 8th time), DYDX tokens recharged through the Ethereum network will not be credited to the user's account, which may lead to asset loss.
Blockchain investor Oak Grove Ventures has completed a strategic investment in innovative blockchain platform DuckChain. This investment is designed to support the expansion of DuckChain's technical team, promote Product Research & Development, and deepen its synergies with the Telegram ecosystem. DuckChain is an innovative startup focused on blockchain technology solutions, with a platform based on TON's EVM solution, dedicated to providing seamless decentralized application development support...
Binance Contracts has updated USUALUSDT, PENGUUSDT, ZENUSDT, VANAUSDT, MOCAUSDT, and VIRTUALUSDT U-based perpetual contract leverage and margin ladder at 16:30 on December 25, 2024 (Eastern Zone Time), and users' current positions will not be affected.
Binance expects to suspend token deposits and withdrawals on the aelf (ELF) network on December 25, 2024 at 17:00 (East 8th District time) to support its network upgrade. The project will upgrade the network at block height 248,832,789 (expected December 25, 2024 at 18:00 East 8th District time).
According to the official announcement, Binance will list Magic Eden (ME) and add seed tags to it at 23:00 (East 8th District time) on December 10, 2024. The ME spot trading pairs that Binance will open include: ME/BTC, ME/USDT, ME/FDUSD, ME/TRY, ME recharge channel is now open, ME withdrawal is expected to open at 23:00 (East 8th District time) on December 11, 2024.
Binance announced that it will launch Across Protocol (ACX) and Orca (ORCA) today at 21:00 (Eastern 8th District time), and open two spot trading pairs, ACX/USDT and ORCA/USDT. Currently, the recharge channel for ACX and ORCA is open, and the withdrawal service is expected to be launched at 21:00 (Eastern 8th District time) on December 7th.
Uniswap Labs recently announced the launch of its new blockchain, Unichain, and Uniswap has long been a key driver of activity on the Ethereum mainnet. As Uniswap transitions to its own chain, validators on the Ethereum network could lose around $400 million to $500 million a year in revenue. But even more serious than this economic loss, it threatens Ethereum's fundamental narrative as a deflationary currency. Uniswap's universal router is the number one account for consuming gas fees, accounti...