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Crypto Morning Briefing: Justin Sun’s US Fraud Charges Could Hamper Huobi’s License Application in Hong Kong

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Justin Sun’s US Fraud Charges Could Hamper Huobi’s License Application in Hong Kong

The US fraud charges against Justin Sun, the founder of Tron, could hamper Huobi's license application in Hong Kong. Huobi, one of the largest cryptocurrency exchanges in the world, is currently seeking a license from the Hong Kong Securities and Futures Commission (SFC).

Amazon Drops NFT Bombshell: Official Email Teases Digital Tokens and Platform Gallery

Amazon has sent an official email to its customers teasing the launch of a new digital tokens platform called Amazon Gallery. The email mentions that the platform will allow customers to buy, sell, and trade digital tokens, including non-fungible tokens (NFTs).

CFTC Sues Binance and CEO for Violating Trading Rules, Bitcoin and Ethereum Prices Dip

On Monday, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against cryptocurrency exchange Binance and its CEO, Changpeng Zhao, accusing them of violating trading and derivatives rules.

Binance Continues Global Expansion With New ‘Web3 Outpost’ in Georgia

Binance, one of the world's largest cryptocurrency exchanges, is continuing its global expansion with a new outpost in Georgia. The outpost will focus on Web3 technologies, which include blockchain, decentralized finance (DeFi), and other decentralized applications.

Dogecoin To Get Upgrade Release Packed With New Features and Enhancements

Dogecoin is set to receive a major upgrade that will bring new features and enhancements to the popular cryptocurrency. The upgrade is expected to be released in the coming months and is part of a broader effort to improve the functionality and usability of Dogecoin.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $27,143.37 USD, dropped by 2.40% in the last 24 hours;

ETH’s live price is $1,710.85 USD, dropped by 2.77% in the last 24 hours;

BNB’s live price is $307.31 USD, dropped by 6.098% in the last 24 hours;

XRP's live price is $0.47 USD, jumped by 7.63% in the last 24 hours.

Fundraising News

Solana-Based Derivatives Protocol Cega Raises $5 Million To Expand on Ethereum

Cega, a DeFi derivatives protocol focused on exotic options, raised $5 million in a new funding round led by Dragonfly Capital that also saw participation from Pantera Capital and Robot Ventures.

Bitcoin Bitcoin $63,655.12
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