• The US Securities and Exchanges Commission (SEC) is investigating Robinhood Markets Inc. for its crypto activities, as listed in its 10-K filing. • Robinhood received an investigative subpoena from the SEC in December 2022 and another subpoena from the California Attorney General’s office regarding its trading platform and customer disclosures. • Robinhood offers low-interest…
• Binance CEO Changpeng ‚CZ‘ Zhao denied reports that his exchange was planning to delist US-based tokens. • Reports suggested that Binance had pulled back on some investment deals and takeover of bankrupt companies in the US. • This follows a lawsuit from the US Securities and Exchange Commission (SEC) claiming that Binance USD (BUSD)…
• Sandbox (SAND) is preparing for a cliff unlock, which will increase the number of tokens in circulation. • The token has a total market cap of over $1.17 billion and a diluted value of $2.34 billion. • The company recently announced a partnership with the Saudi Arabia Digital Government Authority, which could have positive…
• Aptos (APT/USD) has seen a massive price increase in 2023, peaking at $20.44 in January. • A closer look at its network shows that things are not going as well as they appear. Aptos’ DeFi TVL has plunged in APT terms, and the total number of users in its ecosystem has been falling. •…