Acum 19 h
Binance Australia Derivatives hit with AUD 10 million penalty for client misclassification
Binance Australia Derivatives was ordered by the Federal Court to pay AUD 10 million ($6.9 million) after admitting it wrongly treated 524 retail clients as wholesale investors over a nine-month period. The misclassification meant customers accessed high-risk crypto derivatives without required protections, with reported losses of AUD 8.66 million ($5.9 million) and fees of AUD 3.9 million ($2.7 million).
BTC
BTC-3.48%
Acum 19 h
Acum 19 h
Why Is AppLovin (APP) Stock Down Today? AI Disruption Fears and Macro Headwinds Trigger 10.4% Slide
AppLovin Corp (APP) shares fell sharply on March 27, 2026, dropping 10.41% to close at $391.21. The decline marks a significant acceleration of a 90-day downward trend that has seen the stock lose 45.23% of its value from recent highs. Despite reporting stellar historical earnings, the "adtech darling" is currently facing a crisis of confidence as investors grapple with emerging AI competition, short-seller allegations, and a darkening macroeconomic backdrop.
T
T-1.62%
Acum 19 h
Acum 20 h
Coinbase and Better launch conforming crypto-backed mortgages using BTC or USDC
Coinbase and Better Home & Finance have put into operation what they describe as the first U.S. conforming crypto-backed mortgage, letting borrowers use Bitcoin or USDC as collateral for a Fannie Mae-backed home loan without selling their holdings. The structure applies collateral haircuts—BTC at 40% of market value and USDC at 80%—and requires eligible assets to be held on U.S.-regulated exchanges with AML compliance and at least 60 days of documented holding history.
BTC
BTC-3.48%
Acum 20 h
Acum 21 h
Crypto Gems Weekly: Bitcoin's $68K Fortress, Gold's Freefall, Oil's War Premium & Big Tech's Big Tobacco Moment
As of March 27, 2026, markets are facing intense pressure. Bitcoin is holding the $68,000 to $70,000 range despite challenges after the FOMC meeting, while Gold has dropped sharply from its $5,000 high and is approaching a key Fibonacci support level. At the same time, a major SEC and CFTC decision has officially classified Bitcoin, Ethereum, XRP, and Solana as digital commodities, the biggest regulatory change since the 2024 ETF launches.
BTC
BTC-3.48%
Acum 21 h
Acum 22 h
Coinbase withdraws backing for Market Clarity Act draft as stablecoin-yield ban threatens $800M
Coinbase told the Senate this week it cannot support the latest Digital Asset Market Clarity Act draft, after changes circulated Monday would bar exchanges from paying rewards on stablecoin balances and limit access to transaction-size data. The company reported $1.35 billion in stablecoin revenue in 2025, much of it tied to USDC distribution payments under its Circle partnership. The draft’s yield provisions could remove an estimated $800 million in annual revenue tied to that line of business.
BTC
BTC-3.48%
Acum 22 h
acum 1 zile
Why Is Meta Platforms (META) Stock Down Today? Landmark Addiction Verdict and Child Safety Fines Trigger 8% Slump
Meta Platforms (META) shares plummeted on March 26, 2026, dropping 7.92% to close at $547.75.() The sell-off erased roughly $120 billion in market value in a single session. The catalyst was a pair of back-to-back legal defeats in California and New Mexico that investors fear could be a Big Tobacco moment for social media, a fundamental shift in liability that could lead to multibillion-dollar settlements and forced product redesigns.
FB
FB+0.20%
acum 1 zile
acum 1 zile
Binance in talks to settle Nigeria's $2B back-tax case as court pauses until May 12
Binance is in discussions with Nigerian authorities about resolving its tax case through an out-of-court settlement, and the Abuja High Court has adjourned the matter until May 12 for an update. Nigeria sued the exchange in February 2025, alleging $2 billion in unpaid taxes and seeking nearly $79.5 billion for alleged economic losses tied to operating without a license.
BTC
BTC-3.48%
acum 1 zile