There is a lot of chatter regarding Binance, Coinbase, and the SEC. Things will certainly get a lot more interesting over the coming weeks/months. Australia’s largest bank shuts down crypto transactions to some exchanges. Do Kwon could spend a long time in a South Korean jail. Arbitrum suddenly halts, and you won’t believe the reasoning.

Welcome to Daily Digest. We surface trending news in crypto-based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Trending from yesterday 👍

1. Coinbase was allowed to go public, then got sued

2. SEC asks for emergency order to freeze Binance US assets anywhere in the world

3. Gary Gensler says ‘we don’t need more digital currency’ after Coinbase, Binance suits

News

Here are the trending news items over the last 24 hours. If you’d like to see even more updated news and trending news updated in real-time on our website.

Binance lawyers allege SEC Chair Gensler offered to serve as an advisor for Binance in 2019. My oh my!

With his recent crackdown on Coinbase, Gensler gets accused of being in complete contempt of Congress

Do Kwon faces up to 40 years in South Korean prison

Coinbase CEO says they will not be shutting down their staking service

1) What. Abitrum ran out of money for gas, the chain came to a sudden halt

SEC alleges Binance redirected $12B to firms controlled by the CEO

Australia’s largest bank blocks payments to come crypto exchanges

Binance CEO summoned by US Court following SEC lawsuit

Coinfeeds Reddit Bot Top 3 Stories

1. Coinbase to continue operations as normal despite legal action

2. Binance lawyers allege SEC Chair Gensler offered to serve as an advisor to crypto company in 2019

3. Coinbase CEO Armstrong says not shutting down staking service

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