offered

SEC’s Gensler offered to advise Binance in 2019, lawyers claim

0xMain
June 8, 2023

advise, Binance, claim, Gensler, Hacking, lawyers, offered, SECs

In a surprising twist to the ongoing regulatory battle between the Securities and Exchange Commission (SEC) and Binance, lawyers for the crypto exchange have alleged that SEC Chair Gary Gensler offered to serve as an advisor to Binance’s parent company in 2019. This...

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Coinbase offered Circle $3b credit line to repeg USDC

0xMain
March 21, 2023

Circle, Coinbase, Credit, Hacking, line, offered, repeg, USDC

Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg. The latest development comes after USDC lost its peg...