Judge Signs Off on Binance, SEC Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore in Lieu of Restraining Order

Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday.Source

CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress

The Commodity Futures Trading Commission will decide on June 26 whether to start a formal 90-day review of prediction market provider KalshiEX’s contract that allows users to bet on which party takes control of the U.S. Congress.Source

Crypto Detective ZachXBT Faces Defamation Lawsuit

MachiBigBrother has sued ZachXBT for an investigation the latter published in June 2022 alleging the trader stole tens of millions of dollars worth of crypto.Source

BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say

Exchange Traded Fund (ETF) terminology can sometimes be tricky, and fund management giant BlackRock’s application for a spot Bitcoin ETF has raised some questions.Source

BlackRock’s Bitcoin ETF Would Be a Big Deal

And it doesn’t really matter if it’s technically a trust.Source

Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism

Markets surged for a second time in the less than 24 hours following the fund management giant’s announcement that it had filed paperwork for the formation of a spot bitcoin ETF.Source

Coinbase Policy Chief Shirzad Squares Off With SEC Enforcement Director Grewal

A sneak peek of the looming crypo regulatory prize fight highlights that everyone is talking past each other.Source

GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF

Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.Source

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken

Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.Source

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures

Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.Source