Despite being confronted with lawsuits from federal and state regulators, the country's largest exchange remains committed to providing staking services.
Despite their reluctance, Coinbase and Binance might be compelled to shift their focus towards other endeavors.
The lawsuit was filed against Binance by the SEC a day earlier.
The company is already confronted with a lawsuit filed by the Commodity Futures Trading Commission.
The Velodrome's protocol is set to undergo a comprehensive overhaul on June 15, bringing significant upgrades.
The R stablecoin derives its value from a single crypto asset, specifically the staked ether (stETH) provided by Lido, a prominent leader in liquid staking.
The crypto company that went bankrupt is now attempting to reclaim the funds it received from Sam Bankman-Fried's empire prior to its collapse in November.
Former regulator Richard Teng is eager to showcase Binance as 'a redefined entity' as he assumes a broader responsibility in supervising international markets beyond the United States.
This month, Sotheby's is set to auction Dmitri Cherniak's groundbreaking NFT, while Mercedes Benz has unveiled the impressive 'Maschine,' and Nike has joined forces with EA Sports.
In her statement, Kristin Smith, the CEO of the trade group, emphasized the importance of regulatory actions focusing on bad actors rather than penalizing the crypto mixing tool.