Short cryptonews for this week 23/52 (2023)

Short cryptonews for this week 23/52 (2023)

By Pasucaru | Crypto on fire | 10 Jun 2023


- On June 6, Bitcoin liquidation records after SEC accusations, BTC falls almost to $25,500.

- Gas fees on Ethereum have fallen to their lowest level in two months.

- Binance US and CZ are accused of violating US securities regulations. According to the SEC, the following digital assets are considered securities: BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI. As a result, the price of BNB fell, Binance US will remove over 40 trading pairs and the US exchange switches to "cryptocurrency only" mode of operation no more USD deposit.

- The SEC is also attacking Coinbase to "protect" investors, claiming the platform has been illegal since 2019. Yet in 2021, they let Coinbase do its IPO and enter the NASDAQ. Coinbase has announced that it has no plans to delist any crypto tokens that would have been considered securities by the SEC.

- Kraken launches its NFT marketplace on Ethereum, Solana and Polygon.

- Tether is embarking on a Bitcoin mining project in El Salvador, with Volcano Energy having already raised $250 million to create a sustainable mining farm, and an additional fundraising planned of up to $1 billion.

- Circle (USDC), has been granted a major payment institution license by the Singapore regulator.

- The slogan "Bitcoin fixes this" is projected onto the UK Parliament building.

NFT of the week https://lenster.xyz/posts/0x0157e0-0x94-DA-cc98a6b5  (Polygon network on Lens Protocol https://lenster.xyz/u/pasucaru )

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