BitFuFu Review: Advanced Cloud Mining Solutions and Flexible Packages

What Is Bitfufu? Bitfufu is a digital asset mining service that offers cloud mining solutions to customers worldwide. With advanced cloud mining technology, Bitfufu aggregates mining power from top mining pools and facilities, allowing customers to profit from the mining process of various digital assets. дальше »

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Binance.US agrees with SEC to avoid full asset freeze  

US district judge Amy Berman has asked the Securities and Exchange Commission (SEC) to reach a compromise agreement with Binance.US on the best possible way to protect users’ funds on the platform instead of completely freezing the company’s assets as… дальше »

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Michael Saylor says Bitcoin dominance is headed for 80% in the long term

Bitcoin’s (BTC) dominance is set to reach 80% in the long term as regulators crack down on other assets, MictraStrategy co-founder Michael Saylor told Bloomberg TV on June 13. MicroStrategy is the largest public holder of BTC. дальше »

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Prime Trust subsidiary Banq declares bankruptcy

Banq, a subsidiary of crypto custodian Prime Trust, filed for bankruptcy in the U. S. District Court of Nevada on June 13. Banq specializes in payment processing for cryptocurrency businesses. In the bankruptcy filing, the firm listed assets of $17. дальше »

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Hinman documents suggest SEC is the wrong agency to govern digital assets, crypto lawyer says

John Deaton, a crypto lawyer and founder of CryptoLaw, told Cointelegraph that released Hinman documents highlight the need for Congress to intervene and provide clarity in governing digital assets. дальше »

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Digital Assets hearing latest – sufficiently decentralized tokens may still avoid security label

The House Financial Services hearing on “The Future of Digital Assets” contained a wealth of information on the potential future of the digital asset space in the United States. Following the recent SEC lawsuits against Binance and Coinbase, the industry has feared for the future of web3 within the U. дальше »

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Snoop Dogg Unveils Evolving NFTs for Summer Tour

Acclaimed rapper and entrepreneur Snoop Dogg has ventured further into the world of digital assets with his latest initiative, evolving NFTs called the Snoop Dogg Passport Series. The innovative offering, launching in sync with his summer tour starting July 7 in Vancouver, presents a new dynamic in NFT utility. дальше »

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Binance clarifies terms of use; plans to turn ‘zombie assets’ into stablecoins

Binance said in a June 13 email shared with CryptoSlate that it would convert “zombie assets” into stablecoins to protect users’ assets from getting “stuck in limbo. ” Zombie assets are delisted cryptocurrencies whose networks are “completely unsupported by the exchange. дальше »

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Cardano’s DeFi TVL surges past 500 million ADA amid growing ecosystem interest

The total value of assets locked (TVL) on Cardano, measured in ADA tokens, crossed the 500 million mark for the first time earlier today, according to data from DeFiLlama. The data show that the ADA token TVL stood at 198. дальше »

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Crypto Community Roots For Binance Amid SEC’s Motion To Freeze Binance.US Assets

The digital asset market is under intense regulatory fire from the Securities and Exchange Commission (SEC), with Binance and Coinbase at the fore. Experts say this might only be the surface. дальше »

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Lazarus group turns to Garantex to launder stolen assets

The Lazarus Group, known for its cybercriminal activities, has shifted its focus to Garantex, an OFAC-sanctioned exchange, to trade stolen assets for bitcoin (BTC).  дальше »

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Hong Kong seeks fast regulatory action on stablecoins

According to the local news outlet The Standard, Hong Kong is making strides in creating a clear framework for stablecoins pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) aims to introduce the proposed comprehensive regulatory framework for stablecoins within 18 months. дальше »

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eToro to delist four altcoins in SEC compliance

Social trading platform eToro has confirmed plans to delist selected crypto assets for its United States clients next month. Users will no longer open positions on altcoins Algorand, Polygon, Decentraland, and Dash as of 12 July 2023. дальше »

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These altcoins gained the most as SEC’s legal drama cools down

As the heat around Binance and Coinbase cools, the global crypto market gains correction despite the industry’s regulatory pressure in the US. Here are the top three crypto assets of the past 24 hours. Sui (SUI) SUI token ranks at… дальше »

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Mastering The Art Of Calculating Your Crypto Taxes: Fifo, Lifo, And Beyond

As a crypto investor, you are a modern-day alchemist, turning digital bits and bytes into valuable assets. However, with great power comes great responsibility, and in this case, that responsibility is tax liability. дальше »

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Crypto Investing Platform Finblox Starts Offering Tokenized Treasury Yield With OpenEden

Demand for tokenized versions of short-term U.S. government bonds has been increasing as crypto investors turn to real-world assets to earn returns on their investments. дальше »

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Binance asks court to deny SEC's restraining order

Binance claimed in its filing that SEC freezing Binance’s assets would put customers at risk. It instead suggested that it could transfer all of its assets to BAM, with only Binance.US employThe post Binance asks court to deny SEC's restraining order appeared first on AMBCrypto. дальше »

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eToro Restricts Multiple Tokens for US Customers Following SEC Attack

eToro, a global trading platform, will restrict US users from opening new positions in ALGO, MANA, DASH, and MATIC cryptocurrencies starting July 12. The decision comes in response to regulatory developments and the SEC's classification of certain crypto assets as securities. дальше »

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First Mover Asia: Binance's Exchange Flow Flips Positive; Bitcoin Trades Flat

ALSO: The co-founder of crypto security firm De.Fi called the price stabilization of crypto assets that plummeted after SEC lawsuits against Binance and Coinbase "mean regression." дальше »

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Apple’s Vision Pro Launch Impacts Metaverse, Why This Token Recorded 160% In Profits

The crypto market has been flowing in a sea of red as major assets experienced a correction over the weekend, but tech giant Apple could offer relief. Every cryptocurrency, except for Bitcoin, trended to the downside, but some sectors have bloomed amidst the panic and selling pressure. дальше »

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Binance.US hires former SEC enforcement official amid lawsuit: Report

Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen. дальше »

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BlockFi has to update wallet, platform before distributing funds

Bankrupt lending platform BlockFi said in a June 12 email that it must perform updates before it begins to distribute funds to users. Upgrades coming in summer BlockFi said that a June 9 court order determined that users own the assets in their wallet accounts and that the company can allow certain withdrawals. дальше »

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The first-world debt crisis means you can expect more pain ahead

You should be prepared for gradual deterioration in your quality of life — or search for alternative assets that could protect your wealth. дальше »

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Data Reveals Short-Term Bitcoin Holders Refuse To Sell Despite SEC Crackdown

Amid ongoing regulatory scrutiny and fear, uncertainty, and doubt (FUD) surrounding Bitcoin (BTC), short-term holders who are often known to be the first to sell off their assets when prices decline have displayed unusual resilience in the face of the current market challenges. дальше »

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Binance updates delisting rules in its terms of service

Binance has updated its terms of service regarding managing listed/delisted tokens on the exchange. Under Binance’s new rules, the exchange now has the authority to convert delisted crypto assets still held by its users after a certain period to any… дальше »

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Peter Brandt Asserts Bitcoin’s Superiority, Calls Other Crypto Assets Scams

Renowned trading professional Peter Brandt recently made waves in the cryptocurrency community with his firm belief that Bitcoin (BTC) is the only crypto asset worth considering, dismissing Ethereum (ETH) and other digital currencies as mere imitators or scams. дальше »

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Renting NFTs: Access High-Value Assets Without Buying

Access high-value NFTs without ownership through renting. Discover the benefits of NFT rentals and explore the world of digital collectibles. The post Renting NFTs: Access High-Value Assets Without Buying appeared first on NFT News Today. дальше »

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Crypto Storage Firm Censo Offers Institutions Mobile Phone-Enabled Self Custody

Censo is the latest in a crop of cheap, open-source options for organizations looking to store digital assets. дальше »

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Most Explosive Week For Bitcoin And Crypto In 2023 Ahead: Key Events

After the massive sell-off of altcoins and the resulting (moderate) Bitcoin price drop on Friday, the market for digital assets may be facing the most explosive week of the year. Traders should prepare for a sharp increase in volatility. дальше »

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Examining Binance's asset stability amid SEC Lawsuit, growing FUD and more

Despite market turbulence, Binance's assets showed only a modest decline, easing concerns. Binance CEO addressed FUD, clarifying outflows and emphasizing the impact of price drops. The recenThe post Examining Binance's asset stability amid SEC Lawsuit, growing FUD and more appeared first on AMBCrypto. дальше »

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Crypto Scammers Rake in Almost $1 Million by Seizing Control of Over 8 Influential Twitter Accounts

igh-Profile Crypto Twitter Accounts Exploited: Scammers Amass Nearly $1 Million in Ill-Gotten Gains In a series of targeted attacks, fraudsters have successfully compromised the Twitter accounts of influential individuals in the cryptocurrency industry, leading to the theft of close to $1 million in digital assets. дальше »

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Binance Sees $8B in Asset Outflows Following SEC Lawsuit

Data from DeFillama showed that Binance total assets declined by more than $8 billion to $55.95 billion as of press time. The post Binance Sees $8B in Asset Outflows Following SEC Lawsuit appeared first on BeInCrypto. дальше »

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Stellar (XLM) Price Going to $0.10 Despite Crypto Crash, MATIC and SOL Struggle to Keep Up

In the midst of a tumultuous crypto market, one star shines brightly against the dark backdrop – Stellar (XLM). Known for its robust platform that enables faster and low-cost transfers of digital assets, Stellar has been making waves in the crypto space. дальше »

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Crypto Market Analysis: Short on Matic, Long on Solana, and XRP’s Potential Upsurge

The cryptocurrency market recently experienced a wave of panic selling following Robinhood’s decision to delist tokens dubbed as securities by the SEC. This move has sent ripples across the market, affecting various digital assets in different ways. дальше »

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Russia’s biggest bank, Sberbank, to allow trading of digital assets in June

From June, Sberbank, the biggest bank in Russia, will allow accredited private investors to trade using digital financial assets (DFA) дальше »

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Solana Foundation and Polygon Labs React to SEC’s Token Security Classification

Solana Foundation and Polygon Labs have issued strong statements in response to the SEC classification of their digital assets as securities. The post Solana Foundation and Polygon Labs React to SEC’s Token Security Classification appeared first on BeInCrypto. дальше »

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US senator revamps efforts for crypto regulations amid SEC lawsuits

The regulatory framework will allow individuals and companies to own and trade digital assets in the United States.

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Russia Sberbank’s Move To Allow Cryptocurrency Trading Could Have Far-Reaching Impacts

Russia’s largest bank, Sberbank, is preparing to allow Russian citizens to buy and sell digital assets. This move could have far-reaching impacts on the cryptocurrency industry, as well as on other countries that have been critical of cryptocurrencies. дальше »

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How Ethereum has put the DeFi market at risk

A further drop in ETH's price could send the DeFi market into another round of liquidation. The DeFi TVL across all chains submerged. Ethereum [ETH] and assets linked to the Decentralized FiThe post How Ethereum has put the DeFi market at risk appeared first on AMBCrypto. дальше »

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Optimism: Bedrock weaves its magic, better days ahead?

The cost of transferring ETH from the base layer to the L2 reduced by 66%. Optimism was the second-largest L2 network, holding assets worth $1.52 billion at press time. The recently executedThe post Optimism: Bedrock weaves its magic, better days ahead? appeared first on AMBCrypto. дальше »

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Are Proof-Of-Work Assets Safe? Analysts Give Their Two Cents Amid SEC’s Ambush

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Op-ed: Why the SEC should never touch crypto again [Part 2]

In the first part of this series, I discussed the U. S. Securities and Exhange Commission’s recent charges against Coinbase and Binance, their inability to properly regulate the crypto industry, the history of digital assets in the congressional record, and the significant decline in the mentions of digital assets by the U. дальше »

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Op-ed: Why the SEC should never touch crypto again (Part 2)

In the first part of this series, I discussed the U. S. Securities and Exhange Commission’s recent charges against Coinbase and Binance, their inability to properly regulate the crypto industry, the history of digital assets in the congressional record, and the significant decline in the mentions of digital assets by the U. дальше »

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Bitcoin, Ethereum, Tether dominance rises as cybersecurity & fan tokens defy markets

Bitcoin dominance is rising as crypto investors attempt to decipher the impact of the recent SEC lawsuits against Coinbase and Binance. Investors appear to be converting tokens proposed as securities by the SEC into less disputable assets such as Bitcoin. дальше »

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Bitcoin Falls Below $26,000 Amid Regulatory Concerns, Debt Ceiling Predictions: What’s Next For BTC?

The digital assets market has recorded bullish signals this year but the recent outlook suggests it may be heading towards the first bad month of 2023. Digital assets continue their week-long poor form with Bitcoin (BTC), Ethereum (, ETH), and other top 10 assets falling below prominent positions. Market leader BTC hit a 30-day low […] дальше »

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Nigeria to tax crypto, digital assets 10% on capital gains — Experts react

The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets.

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The EU Goes Ahead Of The U.S In Crypto Adoption Regulations

The establishment of the legal framework for digital assets in the European Union (EU) through the Markets in Crypto-assets (MiCA) regulation is indeed a significant development for the crypto industry. дальше »

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EU’s Crypto Law MiCA Receives Publication In Official Journal

The European Union’s Markets in Crypto Assets law (MiCA) has been published in the Official Journal of the European Union (OJEU), marking the beginning of the implementation of comprehensive cryptocurrency licensing regulations. дальше »

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Marc Cuban highlights discrepancy in SEC’s approach to stock loans vs. crypto assets

Marc Cuban highlighted the discrepancy in the Securities and Exchange Commission's (SEC) approach towards the stock loan industry compared to crypto assets. дальше »

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Bitcoin Trades at Narrow Discount on Binance.US

News of a possible halt in U.S. dollar withdrawals sparked an increase in bitcoin trading as customers looked to remove their assets from the exchange, one observer said. дальше »

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