Binance Denies Hamas Ties, Seeks Lawsuit Dismissal
1min read Binance Denies Special Relationship with Hamas, Seeks Dismissal of Lawsuit
Binance, the world's largest cryptocurrency exchange, has argued against allegations that it facilitated transactions benefiting Hamas, the Palestinian militant group. In a motion to dismiss a lawsuit filed by families of victims affected by the 2023 Hamas attack on Israel, Binance's legal team claimed that crypto is "not inherently dangerous" and that there was "no special relationship" between Hamas and the exchange.
Kraken Resumes Staking Services in the US After Two-Year Hiatus
Crypto exchange Kraken has resumed staking services for US clients after a two-year pause. The exchange had previously reached a multimillion-dollar settlement with the US Securities and Exchange Commission (SEC) over the services. Customers in 37 US states can now access staking services for 17 digital assets, including Ether, SOL, and Cardano's ADA.
SBF's Parents Explore Pardon from President Trump
The parents of former FTX CEO Sam "SBF" Bankman-Fried are reportedly exploring the possibility of a presidential pardon for their son, who was sentenced to 25 years in prison last March. According to a Bloomberg report, Bankman-Fried's parents have met with lawyers and other figures close to the Trump administration to determine whether clemency was possible.
Elon Musk's Father Plans $200M Raise with 'Musk It' Meme Coin
Elon Musk's father, Errol Musk, is reportedly planning to launch a memecoin project called "Musk It" to raise funds for a for-profit think tank called the Musk Institute. The project aims to raise as much as $200 million, joining the ranks of other celebrity-backed meme tokens such as the Official Trump Meme Coin and the Official Melania Meme Token.
MicroStrategy Announces Pricing of Perpetual Strike Preferred Stock Offering
MicroStrategy has announced the pricing of its perpetual strike preferred stock offering at a public listing price of $80 per share, with the issuance set for Feb. 5. The company forecasts $563.4 million in revenue from the offering, which features an 8% coupon and a liquidation value of $100. Pro 