Author: Mike Dalton

The Russia-linked cryptocurrency exchange Bitzlato announced a temporary halt on certain withdrawal requests on Dec. 27, despite having had its assets seized by French authorities in January. The company wrote in a Telegram message: “… We are faced with the need to suspend special balance withdrawals and technical support…

Polygon Labs announced on Dec. 15 that it had ended its contributions to Polygon Edge, a platform leveraged by several blockchain projects. The company said that it would shift its focus to Polygon CDK, a successor solution that aims to produce a unified layer-2 ecosystem with interoperability and a single pool of liquidity…

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), commented on pending spot Bitcoin ETF applications on Dec. 14. When asked by CNBC anchor Sara Eisen about the likelihood of these applications being approved, Gensler responded: “We have … between eight and a dozen [spot Bitcoin ETF] filings … And as you might

Binance submitted two key filings on Dec. 12 in an ongoing case previously launched by the the U.S. Securities and Exchange Commission (SEC). Binance’s first filing moves to dismiss the case that the SEC launched against its companies and its former CEO Changpeng Zhao in June…

A court filing submitted on Dec. 8 indicates that former Binance CEO Changpeng Zhao could be deposed in the class action suit Sizemore v. Zhao, in which plaintiffs seek over $1 billion in damages. The latest filing indicates that plaintiffs have moved for leave to take one deposition of Zhao…