#exchange

The exchange asserts that their computers showed no signs of compromise during the recent incident, pointing to the breach of their custodian, Liminal Custody, as the main factor.

A U.S. court has convicted Chinese businessman Miles Guo (real name Guo Wengui) of racketeering conspiracy and a $1 billion fraud. Simultaneously, the U.S. Securities and Exchange Commission (SEC) has also charged him with cryptocurrency fraud linked to his H-Coin project, which raised about $500 million.

Federal Judge Katherine Polk Failla has advised the cryptocurrency exchange Coinbase not to seek access to the personal correspondence of SEC Chairman Gary Gensler, particularly those messages sent before his appointment. She characterized the request as inappropriate but allowed formal proceedings to begin.

Artur Schaback has admitted that between July 2015 and June 2019, under his leadership, the P2P exchange Paxful failed to comply with U.S. regulations on customer identification (KYC) and anti-money laundering (AML) standards.

According to K33 Research analysts, ETH could outshine BTC once spot Ethereum ETFs are launched. They predict the ETFs will boost ETH's price, while BTC may experience pressure from the Mt. Gox exchange creditors.

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys, accusing the company of violating federal securities laws.

Markus Thielen, founder of 10x Research, believes that Gary Gensler, the current Chair of the US Securities and Exchange Commission (SEC), will step down in January or February 2025, assuming a win by Donald Trump. Gensler's term is set to end in June 2026.

In a recent note on the company's website, Matt Hougan, Chief Investment Officer of Bitwise, forecasts that inflows into Ethereum-based exchange-traded products (ETPs) could push ETH prices above $5000.

Uniswap, the decentralized exchange, officially released its Uniswap Extension browser add-on to the public. This extension serves as a non-custodial wallet with an integrated swap feature located on the browser's sidebar, rather than the usual pop-up window.

The U.S. Securities and Exchange Commission (SEC) concluded its investigation into Paxos and its stablecoin, BUSD. Jorge Tenreiro, Acting Head of the Crypto Assets and Cybersecurity Division, privately informed the company of this decision on July 9.

Cryptocurrency exchange Gemini has become a sponsor of the English football club Real Bedford, owned by Peter McCormack, host of the popular podcast What Bitcoin Did. The sponsorship deal was paid in Bitcoin, which will be used for club development and the launch of a youth academy.

Ukrainian cryptocurrency exchange WhiteBIT and the National University "Kyiv-Mohyla Academy" (NaUKMA) have successfully wrapped up their first "Blockchain Technologies" educational program at the academy's Faculty of Computer Science.