Binance.US Faces Accusations of Discovery Failures

September 19, 2023September 21, 2023 Admin

In a Court Filing, the U.S. Securities and Exchange Commission (SEC) pointed to Binance’s document production, regulatory violations, concerns about asset control, inconsistent statements, uncooperative responses, and limited cooperation in providing witness testimonies. The securities regulator alleged that Binance.US’s holding company, BAM, failed to provide sufficient documents upon the agency’s discovery requests related to customer assets. According to the document, BAM submitted only 220 documents during the discovery process. However, these documents included “unintelligible screenshots” and items lacking “dates or signatures.” More Problems for Binance The SEC also accused Binance.US…

Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s

September 19, 2023September 21, 2023 Admin

By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said.

Xsolla Launches Mall, An Online Destination For Video Games

September 19, 2023September 21, 2023 coinmaker

Sherman Oaks, United States, September 18th, 2023, Chainwire Xsolla, a global video game commerce company, has announced a new online destination called Xsolla Mall. This platform allows video games to host multiple landing pages where players can access exclusive in-game items, game discounts, and premium experiences directly from developers and publishers or via campaigns with content creators and payment providers. Developers can showcase and monetize content from their games on a specific branded landing page within the platform, even the entirety of a game. There is already a growing library…