It’s been a crazy week in the crypto sphere. The majority of coins are down today, Monero (XMR), VeChain Thor (VEN) (VET), and Nano among them.

First, rumors abounded that Ripple (available on Binance) would finally be joining Coinbase – these turned out to be false. Instead, Coinbase announced that it would be starting its own crypto index fund.

Then, panic swept many crypto users as Binance experienced technical issues, causing their aLTCoins to be sold. Binance has now released a statement claiming that “We have localized the irregular trades, they will be reversed. All funds are safe, thanks to the fast alarm. Please learn to secure your accounts against phishing.”

As if that wasn’t enough, the SEC later released a statement dictating that cryptos need to be considered securities and all crypto exchanges, therefore, need to register in order to be properly regulated.

Phew!

So what’s happening today?