Updated Trading News

Justin Sun to Reverse $56M Binance Transfer After CZ Warns Against Potential SUI Token Grab
Justin Sun to Reverse $56M Binance Transfer After CZ Warns Against Potential SUI Token Grab

"Binance LaunchPool are meant as air drops for our retail users, not just for a few whales," Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance.

Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering
Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering

The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."

Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg
Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg

The regulator is considering applications for digital asset exchanges on a trial basis.

Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Jack Dorsey’s nano Bitcoin mining chip heads to prototype

Block has completed the design of its new prototype ASIC chip that it says will fast-track its plan to bring an “open source” Bitcoin mining rig design to market.

Coinbase exec uses ChatGPT ‘jailbreak’ to get odds on wild crypto scenarios
Coinbase exec uses ChatGPT ‘jailbreak’ to get odds on wild crypto scenarios

According to ChatGPT, there’s a 15% chance that Bitcoin will “fade to irrelevancy,” with prices falling 99.99% by 2035.

Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey
Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey

A survey from the United States Financial Industry Regulatory Authority indicates that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors.

2 reasons why Bitcoin Ordinals are ‘positive’ for BTC: Grayscale
2 reasons why Bitcoin Ordinals are ‘positive’ for BTC: Grayscale

Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there’s two main reasons to be optimistic.

Korea takes first step toward institutionalizing crypto assets
Korea takes first step toward institutionalizing crypto assets

Korea has taken its first step toward institutionalizing crypto assets, after a committee at the National Assembly approved an act focusing on the protection of crypto investors.

Visa stablecoin plan, debt’s ceiling effect on Bitcoin price: Hodler’s Digest, April 23-29
Visa stablecoin plan, debt’s ceiling effect on Bitcoin price: Hodler’s Digest, April 23-29

Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in court, and more.

Tencent Cloud to reportedly offer deepfake creation tool at $145
Tencent Cloud to reportedly offer deepfake creation tool at $145

Tencent Cloud’s deepfake creation service can analyze and train itself on three-minute videos and 100 voice clips to produce a convincing deepfake video within 24 hours.

How would a US debt default impact Bitcoin?
How would a US debt default impact Bitcoin?

Cointelegraph analyst and writer Marcel Pechman explains how a U.S. debt default could impact Bitcoin and the larger cryptocurrency market.

Not funny: Comedy club NFT debacle teaches lesson in transparency
Not funny: Comedy club NFT debacle teaches lesson in transparency

What started with a comedy club would later become a notorious case of legal loopholes and frustration for the nonfungible token community.

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