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Sphere 3D files lawsuit against Gryphon Digital Mining after BTC transfer

Crypto miner Sphere 3D has filed a lawsuit against its partner Gryphon Digital Mining after an allegedly spoofing attack led to the irregular transfer of Bitcoin BINANCE:BTCUSD, according to court documents on April 7. “Today we filed litigation against Gryphon, the custodial management services pr…

Binance Canada Files Pre-Registration Undertaking With Canadian Administrators

By Stephen NakrosisBinance Canada Capital Markets Inc. said Friday it filed a pre-registration undertaking with the Alberta Securities Commission and with other members of the Canadian Securities Administrators.In February, the Canadian Securities Administrators published a notice that said crypto…

'US has left a vacuum that other countries are eager to fill': Coinbase

With Coinbase seemingly on the verge of a court battle with the Securities and Exchange Commission (SEC), the firm has emphasized that the U.S. government’s hawkish approach to crypto regulation has “left a vacuum that other countries are eager to fill.’The SEC issued Coinbase a wells notice on Mar…

Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF

According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a money market mutual fund (MMMF) offered by troubled Silicon Valley Bank (SVB). SVB — one of the U.S’s largest banks and key partners to venture-backed companies — was shut do…

Binance 'not planning any layoffs,’ 500 roles to be filled in H1

Cryptocurrency exchange Binance has confirmed it is “not planning any layoffs” and is trying to fill another 500 roles by the end of June, according to a Binance spokesperson.The comments came despite a huge spike in crypto layoffs in January — the majority of whom were from crypto exchanges. In a…

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