The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as they seek to freeze assets of the company. Source: https://www.coindesk.com/policy/2023/06/07/secs-binanceus-probe-started-in-2020-court-filings-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The issuer of USDC received in-principle approval in November last year. Source: https://www.coindesk.com/policy/2023/06/07/stablecoin-issuer-circle-receives-digital-token-license-in-singapore/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A U.S. judge has ordered the SEC to respond to Coinbase’s rulemaking petition or explain why it shouldn’t. Source: https://www.coindesk.com/policy/2023/06/07/us-court-tells-sec-to-respond-to-coinbases-rulemaking-petition-within-a-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Why Binance’s alleged co-mingling of assets isn’t the same as FTX’s alleged co-mingling of assets. Source: https://www.coindesk.com/markets/2023/06/07/first-mover-asia-why-did-bitcoin-rise-no-one-is-surprised-by-genslers-actions-crypto-ceo-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Wallets that siphoned Atomic users’ funds are connected to the known Lazarus group’s addresses, crypto tracing firm said. Source: https://www.coindesk.com/consensus-magazine/2023/06/06/atomic-wallet-was-breached-by-north-korean-hackers-elliptic/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere. Source: https://www.coindesk.com/business/2023/06/06/secs-latest-crackdown-could-drive-crypto-firms-out-of-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cryptocurrencies recovered some of their losses a day after Monday’s sell-off when the U.S. Securities and Exchange Commission sued Binance and deemed multiple altcoins unregistered securities. Source: https://www.coindesk.com/markets/2023/06/06/bitcoin-rallies-above-27k-as-crypto-market-shrugs-off-sec-lawsuits-against-binance-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times. Source: https://www.coindesk.com/tech/2023/06/06/optimism-completes-bedrock-hard-fork-in-pursuit-of-superchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission (SEC) tore off crypto’s bandage this week, with its back-to-back enforcement actions against two of the most prominent digital assets platforms, Binance and …

While AI and automation threaten to kill creative jobs, here’s how the Web3 music world is embracing the technology to enhance their craft. Source: https://www.coindesk.com/web3/2023/06/06/how-ai-is-transforming-music-creation-in-web3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines