SEC Lawsuit ‘A Year Too Late’ Binance Claims As It Seeks To Dismiss

Binance and its founder, Changpeng Zhao (CZ), have filed a motion seeking to dismiss the lawsuit brought against them by the Securities and Exchange Commission (SEC). The SEC filed suit in August, claiming Binance sold cryptocurrencies that should have been registered as securities. The tokens named in the case include Binance Coin (BNB), Binance USD The post SEC Lawsuit ‘A Year Too Late’ Binance Claims As It Seeks To Dismiss appeared first on CryptoSlate.

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Balancer calls .fi domains unsafe after regaining access to front end

The decentralized finance (DeFi) protocol Balancer has reportedly regained control over its domain after losing approximately $240,000 due to a frontend compromise due to a Domain Name Service (DNS) attack. Balancer made the statement confirming it had regained access via X on Sept 20. The DNS attack led to the theft of significant digital assets. The The post Balancer calls .fi domains unsafe after regaining access to front end appeared first on CryptoSlate.

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Authors Guild claims OpenAI used pirated eBooks to train ChatGPT on copyrighted material

The Authors Guild and seventeen renowned authors, including the likes of John Grisham, Jodi Picoult, David Baldacci, and George R.R. Martin, have lodged a class-action lawsuit against OpenAI on Sept. 20, in the Southern District of New York. As revealed by The Authors Guild, the lawsuit alleges copyright infringement of their works of fiction used The post Authors Guild claims OpenAI used pirated eBooks to train ChatGPT on copyrighted material appeared first on CryptoSlate.

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Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias

Retail crypto borrowers are filing objections to Celsius Network’s bankruptcy reorganization plan, arguing it unfairly favors institutional lenders over retail clients like himself. Johan Bronge, an angel investor who took out several bitcoin-backed loans from Celsius before its bankruptcy, said in a letter to the court that the plan allows institutional lenders to repay their The post Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias appeared first on CryptoSlate.

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CoinEx resumes services post-$27M security breach, warns against using old addresses

CoinEx is set to resume deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and other cryptos starting Sept. 21 at 08:00 UTC. The announcement via CoinEx’s official X account urges users to steer clear of old addresses, warning that any assets sent to these locations will be irrevocably lost. A The post CoinEx resumes services post-$27M security breach, warns against using old addresses appeared first on CryptoSlate.

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