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TronWeekly
20h
7
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Binance Coin (BNB) Dominates DEX Volume While Price Eyes Major Breakout
- BNB breaks multi-year resistance and analysts suggest potential targets up to $3,975 based on technical patterns.
- BNB Chain leads DEX volume with $13.31B, surpassing Ethereum and Solana, amid growing CeDeFi adoption.
- VanEck's BNB Spot ETF filing and SEC dropping its case against Binance boost institutional confidence.
- BNB may see significant upward movement after breaking resistance, with short-term target of $1,522 and long-term potential of $3,975, supported by technical tools and network activity.
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Zycrypto
1d
107
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SEC vs. Binance Lawsuit Ends ‘With Prejudice’—What Next for BNB Price?
- The SEC recently withdrew its civil lawsuit against Binance and Binance.US 'with prejudice,' marking a significant development in the case.
- Binance and Binance.US celebrated the dismissal, attributing it to regulatory overreach and expressing readiness to lead in blockchain innovation.
- Despite the positive news, BNB's price experienced only a modest reaction with a 3% drop on May 30, demonstrating muted market response.
- Analysts suggest that while the SEC's withdrawal removed uncertainty, other factors will determine BNB's longer-term trend amidst evolving crypto market conditions.
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Crypto-News-Flash
2d
249
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Say Goodbye to Bridges, OpenSea OS2 Goes Fully Multi-Chain
- OpenSea has launched OS2, allowing seamless NFT trading across 19 blockchains without the need for bridges or token swaps.
- The new XP-based incentives and increased user activity have strengthened OpenSea's position in the cooling NFT market.
- Users can now access an interconnected cross-blockchain ecosystem on OpenSea, making it a one-stop NFT hub across 19 chains.
- Additionally, a new rewards program called 'Voyages' and the SEA token airdrop aim to fuel user loyalty and growth, while OpenSea's positive standing with the SEC marks a favorable shift in regulatory attitudes towards digital asset platforms.
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TronWeekly
2d
202
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SEC Files to Drop Long-Running Lawsuit Against Binance and CEO
- SEC filed a motion to dismiss its lawsuit against Binance and CEO following a $4.3 billion DOJ settlement.
- Allegations included unregistered asset offering, fund misuse, and deceptive U.S. investor practices.
- Trump's $TRUMP token saw a surge, reaching a $2.4 billion market cap.
- SEC's decision hailed as a win for the crypto industry, thanking Trump and Atkins for opposing regulatory overreach.
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Silicon
2d
269
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US SEC Drops Lawsuit Against Binance Crypto Exchange
- The US Securities and Exchange Commission (SEC) has ended its lawsuit against the cryptocurrency exchange Binance, marking the conclusion of one of its last remaining crypto enforcement actions.
- Binance, the world's largest cryptocurrency exchange, had faced legal troubles with multiple US agencies under the previous Biden administration, including allegations of illegal activity and violating sanctions.
- Despite previous legal challenges, the SEC and Binance jointly moved to dismiss the case in a Thursday filing in the US District Court for the District of Columbia, signaling the resolution of the legal dispute.
- The shift in the SEC's approach to the crypto industry under the Trump administration, with the enforcement action against Binance being dropped, reflects a changing regulatory landscape for cryptocurrency firms in the US.
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Blockonomi
2d
835
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SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally
- SEC ends Binance lawsuit, easing pressure on crypto markets and investor sentiment.
- BNB price targets $713 as bullish momentum grows post-lawsuit dismissal.
- Fear & Greed Index at 60 suggests rising market confidence for BNB holders.
- Binance credits Trump-era SEC leadership for ending the enforcement-first approach.
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Cryptoticker
1d
100
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9dcc: A Case Study in Web3 Hype and Broken Promises
- 9dcc, a self-proclaimed 'first crypto-native luxury brand,' founded in 2022 by Gmoney, aimed to blend fashion with blockchain technology, but its journey ended in disappointment for early supporters.
- Their Admit One NFTs, initially promising exclusive privileges, did not deliver anticipated benefits over time as the brand abruptly announced its shutdown, leaving holders with depreciated digital assets.
- The introduction of the 'Black Box' raised controversy due to issues in the raffle system, censorship of critical feedback, and misleading XP rewards during drops, undermining trust in the brand.
- 9dcc's pattern of overpromising and under-delivering, coupled with a focus on gamified Web3 elements that overshadowed the luxury brand experience, alienated the community and led to its downfall.
- The brand's monetization tactics, including hidden fees for basic access and unbalanced points system within the network, further eroded trust and exposed a lack of transparency.
- Gmoney's announcement of 9dcc's closure mentioned economic challenges and premature entry into the market, but community skepticism arose as the shutdown coincided with the three-year expiration of Admit One NFT benefits.
- The closing statement by Gmoney was critiqued for its attempt to shift blame onto external factors, its failure to address internal issues and controversies, and the perceived insincerity of the redemption plan for leftover products.
- Overall, 9dcc's narrative reflects a cautionary tale of how flashy branding, vague roadmaps, censorship, and unfulfilled promises can mask deeper issues in the Web3 space, casting doubt on projects using 'community' as a mere buzzword.
- The 9dcc saga serves as a reminder to the crypto industry to demand accountability and transparency, and to move away from projects like 9dcc that operate with a facade of luxury while delivering little value to their supporters.
- In conclusion, 9dcc's narrative highlights the dangers of mismanaged projects in the Web3 space, serving as a warning against falling for superficial allure and exaggerated promises in decentralized ventures.
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Guardian
2d
248
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US regulator dismisses suit against Binance in latest crypto-friendly move by Trump
- The US SEC voluntarily dismissed its civil lawsuit against Binance, the world's largest cryptocurrency exchange, signaling a friendlier approach towards cryptocurrencies under the Trump administration's influence.
- The dismissal with prejudice means the SEC cannot pursue the case again, with the regulator citing the move as appropriate in the exercise of its discretion and as a policy matter.
- Binance spokesperson called the dismissal a 'landmark moment', thanking SEC Chairman Paul Atkins and the Trump administration for recognizing the need for innovation without excessive regulatory enforcement.
- The SEC's actions align with Trump's pro-crypto stance, with promises to be a 'crypto president' and a shift from the industry crackdown seen under the previous SEC leadership. Developing clear regulatory frameworks for cryptocurrencies remains a key priority.
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Medium
2d
198
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Month-in-Review-March 2025
- Efforts are being made to expand the ecosystem to welcome more players, including exploring multi-/cross-chain possibilities.
- The plan involves starting with a release on MCH Verse and gradually expanding into a cross-chain setup for flexibility and speed.
- The introduction of the pOAS token by Oasys brings unique design and high potential within the ecosystem.
- Integration plans include features like sending pOAS to a specific address and receiving a corresponding in-game item.
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Bitcoinsensus
3d
186
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OpenSea Launches OS2 Marketplace With Multichain Trading and Rewards
- OpenSea has launched OS2 marketplace, enabling cross-chain trading across 19 blockchains.
- The new 'Voyages' rewards system allows users to earn XP for minting, holding, and trading tokens.
- OpenSea is hinting at an upcoming SEA token drop as part of its strategic moves.
- OS2 represents a significant upgrade with real-time analytics and a focus on becoming a broader liquidity layer for everything tokenized.
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TheNewsCrypto
3d
246
Binance Hails SEC Case Dismissal as Major Victory
- The U.S. Securities and Exchange Commission (SEC) voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange, in a major win for the crypto industry.
- The dismissal, filed 'with prejudice,' reflects a shift in regulatory enforcement strategy towards clearer rules over enforcement actions, under the Trump administration's new SEC leadership.
- Binance hailed the dismissal as a 'landmark moment,' crediting SEC Chairman Paul Atkins and emphasizing the importance of innovation thriving without regulatory overreach.
- The trend of dropping crypto-related cases, including the recent dismissal of a case against Coinbase, indicates a growing reluctance within the SEC to pursue uncertain or outdated interpretations of securities law.
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Cryptopotato
3d
258
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SEC Drops Lawsuit Against Binance in Landmark Decision
- The U.S. Securities and Exchange Commission (SEC) has dismissed its lawsuit against crypto exchange Binance, marking the end of a high-profile enforcement action in the crypto space.
- The SEC, Binance, and ex-CEO Changpeng Zhao filed a joint motion requesting the dismissal of the lawsuit with prejudice, indicating it cannot be reopened.
- This decision follows the SEC's evolving approach to crypto regulation under new leadership, including dropping enforcement actions against other major companies like Coinbase, Ripple, and Kraken.
- The SEC's change in stance is attributed to the pro-crypto stance of SEC Chairman Paul Atkins and a commitment to creating a regulatory framework for digital assets.
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Bitcoinsensus
3d
291
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SEC Ends 2-Year Legal Battle With Binance & Changpeng Zhao
- The SEC has dropped its 2-year lawsuit against Binance and founder Changpeng Zhao after accusing the exchange of illegal activities and mishandling user funds.
- The dismissal is 'With Prejudice', preventing the SEC from refiling the lawsuit or seeking reimbursement for legal fees from Binance and CZ.
- Binance's prior $4.3 billion settlement with the DOJ resulted in CZ stepping down as CEO, pleading guilty to AML violations, and retaining a significant crypto fortune.
- This decision aligns with a trend of regulatory easing in 2025, as seen in closed investigations on major exchanges and a shift towards a more crypto-friendly leadership in regulatory bodies.
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Pymnts
3d
19
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SEC Drops Lawsuit Against Crypto Company Binance and Founder Changpeng Zhao
- The SEC has dismissed its civil enforcement action against Binance entities and founder Changpeng Zhao.
- The agency filed a joint stipulation with the defendants to dismiss the civil enforcement action with prejudice.
- Binance welcomed the dismissal of the case as a 'huge win for crypto' and stated they did not violate U.S. securities laws.
- The SEC had filed 13 charges against Binance and Zhao in June 2023, alleging securities law violations.
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Cryptonews
3d
73
SEC Files to Dismiss Unregistered Securities Case Against CZ, Binance
- SEC has officially dismissed the lawsuit against Binance and founder CZ, ending accusations of securities violations and fund mismanagement.
- This marks a significant reversal under the Trump administration's approach towards enforcement-heavy actions in the crypto industry, including Uniswap and Coinbase cases.
- Binance settled criminal charges with the DOJ for US$4.3B, while CZ served four months in prison and stepped down as CEO.
- The dismissal of the lawsuit is seen as a victory for the crypto industry, with Binance celebrating the decision and expressing gratitude towards Trump and the new SEC chair for pushing back against regulatory enforcement.
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