Page 1318 – Stay sly and hodl

ARK Buys the Wells Dip With $17.7 Million COIN Purchase

Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.

Binance Users in China, Elsewhere, Evade KYC Controls With Help of ‘Angels’: CNBC

Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom

DeFi Protocol ROOK ‘Gagged’ From Sharing Roadmap by Clients, CEO Says

“We’re bound by the will of the order flow providers,” the pseudonymous CEO Hazard said on a community governance call.

Is This Finally an Atomic Bomb From the SEC?

The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of

First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

ALSO: CoinDesk’s market analyst writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to

After Frenzied Arbitrum Airdrop Day, 37% of Eligible Wallets Still Haven’t Claimed Their ARB

Arbitrum’s token airdrop started off in a frenzy that broke multiple websites, and yet more than 428 million ARB tokens are left to be claimed.

Do Kwon Now Faces Criminal Fraud Charges From U.S. Prosecutors

Federal prosecutors in New York charged Terraform Labs founder Do Kwon with fraud hours after he was arrested by police in Montenegro.

Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M

FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and Sui token warrants) for $96 million through

Bitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally

Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August.

The SEC’s Scattershot Approach Shows Its Weakness

By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively police the crypto industry.