According to the SEC, as of a historical point in time, it was challenging, and occasionally impossible, to pull wallet balances in bulk. It is quite challenging to confirm that Binance was completely collateralized at precise times.

Nine additional senators, including committee chairs have joined forces with Elizabeth Warren to tackle the issue of digital asset transactions and bolster regulatory oversight within the crypto industry.

In a recent development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Binance. US, the SEC has accused the cryptocurrency exchange of non-cooperation. Binance.US, a subsidiary of Binance, the world’s largest cryptocurrency exchange, Binance is under scrutiny for allegedly offering unregistered securities and Ethereum (ETH) staking.

In unpublished documents revealed by the New York Times, Sam Bankman-Fried, the former founder of FTX talks about being "one of the most hated people in the world" and reflects on the downfall of the cryptocurrency platform.

Cardano completes Fund10 voting in the Catalyst Project. It involved 1,467 concepts competing for a massive prize pool of 50 million ADA tokens, with the Cardano community now controlling the fate of these projects.

Joseph Lubin, co-founder of Ethereum and CEO of Consensys, voiced hope, hoping that "clear heads will prevail" amid the SEC's legal battles with crypto businesses.

The Base network is approaching a new milestone, according to IntoTheBlock, with 1.4 million daily transactions.

The commissioners publicly voiced their dissent against the SECs recent actions on NFTs, citing concerns over the lack of clear guidelines and potential stifling of creativity.