bitcoin
Bitcoin (BTC) $ 70,961.01 6.05%
ethereum
Ethereum (ETH) $ 3,674.83 18.46%
tether
Tether (USDT) $ 0.999942 0.03%
omni
Omni (OMNI) $ 1.38 0.14%
bnb
BNB (BNB) $ 619.72 7.55%
usd-coin
USDC (USDC) $ 1.00 0.03%
xrp
XRP (XRP) $ 0.542295 5.82%
cardano
Cardano (ADA) $ 0.501732 7.30%
dogecoin
Dogecoin (DOGE) $ 0.164109 8.16%
staked-ether
Lido Staked Ether (STETH) $ 3,671.38 18.36%
matic-network
Polygon (MATIC) $ 0.743297 7.75%
solana
Solana (SOL) $ 182.72 3.08%
polkadot
Polkadot (DOT) $ 7.54 7.35%
litecoin
Litecoin (LTC) $ 88.59 6.03%
avalanche-2
Avalanche (AVAX) $ 40.45 11.94%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 6.59%
binance-usd
BUSD (BUSD) $ 1.01 0.70%
dai
Dai (DAI) $ 0.999316 0.08%
uniswap
Uniswap (UNI) $ 9.26 19.10%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 71,028.03 6.01%
chainlink
Chainlink (LINK) $ 16.93 1.24%
cosmos
Cosmos Hub (ATOM) $ 8.83 6.06%
the-open-network
Toncoin (TON) $ 6.69 5.28%
leo-token
LEO Token (LEO) $ 5.99 1.34%
okb
OKB (OKB) $ 51.47 4.89%
ethereum-classic
Ethereum Classic (ETC) $ 31.77 13.43%
monero
Monero (XMR) $ 140.13 3.12%
stellar
Stellar (XLM) $ 0.112908 5.80%
filecoin
Filecoin (FIL) $ 6.14 9.80%
bitcoin-cash
Bitcoin Cash (BCH) $ 520.72 8.61%
aptos
Aptos (APT) $ 9.16 10.91%
lido-dao
Lido DAO (LDO) $ 2.32 31.84%
arbitrum
Arbitrum (ARB) $ 1.15 17.43%
hedera-hashgraph
Hedera (HBAR) $ 0.115855 4.54%
near
NEAR Protocol (NEAR) $ 8.19 3.65%
true-usd
TrueUSD (TUSD) $ 1.00 0.01%
vechain
VeChain (VET) $ 0.036904 7.19%
internet-computer
Internet Computer (ICP) $ 13.53 7.90%
crypto-com-chain
Cronos (CRO) $ 0.127585 4.86%
quant-network
Quant (QNT) $ 100.89 5.71%
apecoin
ApeCoin (APE) $ 1.30 8.05%
algorand
Algorand (ALGO) $ 0.188911 7.39%
the-graph
The Graph (GRT) $ 0.347532 11.39%
fantom
Fantom (FTM) $ 0.901623 2.65%
eos
EOS (EOS) $ 0.872777 9.90%
the-sandbox
The Sandbox (SAND) $ 0.466818 7.31%
decentraland
Decentraland (MANA) $ 0.466679 7.44%
aave
Aave (AAVE) $ 97.89 13.54%
blockstack
Stacks (STX) $ 2.22 9.83%
theta-token
Theta Network (THETA) $ 2.47 10.01%
elrond-erd-2
MultiversX (EGLD) $ 42.17 10.22%
tezos
Tezos (XTZ) $ 1.00 9.57%
flow
Flow (FLOW) $ 0.953788 8.15%
rocket-pool
Rocket Pool (RPL) $ 20.77 10.45%
axie-infinity
Axie Infinity (AXS) $ 7.89 9.61%
frax
Frax (FRAX) $ 0.998287 0.02%
immutable-x
Immutable (IMX) $ 2.54 10.70%
paxos-standard
Pax Dollar (USDP) $ 1.00 0.06%
neo
NEO (NEO) $ 16.07 7.37%
radix
Radix (XRD) $ 0.045987 5.03%
Insane update Binance vs the SEC

Originally aired on June 27, 2023

The SEC’s case against Binance is being criticized for its alleged incompetence and lack of understanding of the crypto industry. The SEC is accused of unfairly targeting Coinbase and ripple in the past, and now they are going after Binance, claiming that some of the listed crypto assets are securities. However, the SEC’s approach is being questioned as they believe that proving just one asset as a security will lead to a win, despite multiple assets being alleged. This is seen as a waste of time and resources, with the lack of clear guidelines hindering innovation in the US.

Is the SEC vs Binance case an example of incompetence?

  • The SEC’s alleged incompetence and lack of understanding of the crypto industry is frustrating taxpayers who are being told they are not intelligent enough to invest in traditional financial products if they don’t meet certain criteria.
  • The SEC has previously gone after Coinbase and ripple, forcing them off-see, which has raised concerns about their targeting of crypto asset companies.
  • The SEC’s claim that they can win the case by proving just one crypto asset as a security raises questions about their approach and the need to prove all alleged assets as securities.
  • The lack of clear guidelines and failure to engage with Coinbase in the early stages has hindered innovation in the US, while other countries are thriving in the crypto industry.