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As Cardano holders shed wealth, Avorak Trade beta users generate profits
The volatility in the crypto market creates opportunities for both profits or losses. That said, as Cardano holders shed wealth, Avorak Trade beta users are generating profits. Cardano price The Cardano (ADA) price has experienced a significant decline in June, largely influenced by the mention of ADA among cryptocurrencies considered securities, in a lawsuit filed […] дальше »
2023-6-17 17:00 | |
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Meta unveils speech generation AI: Voicebox
Meta, the parent company of Facebook and Instagram, announced a speech-generation AI model called Voicebox on June 16. The company said Voicebox could generate speech from text and noted that the model could match an audio style based on a sample just two seconds long. дальше »
2023-6-16 23:29 | |
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Crypto Prices Dwindle As ECB Hikes Interest Rates While US Fed Hits Pause
On June 14, 2023, the Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) maintained interest rates at the 5-5. 25% target range after ten consecutive rate hikes. The Fed said it would assess additional information and its implications for monetary policy. дальше »
2023-6-17 19:38 | |
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U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement. дальше »
2023-6-17 18:54 | |
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Prometheum Founder Predicts SEC Victory In Ripple Lawsuit, XRP Community Responds
Founder and CEO of crypto brokerage firm Prometheum Aaron Kaplan’s support for the SEC in a recent Daily Drop episode stirred the Ripple community’s reaction. In the interview, Kaplan said the United States Securities and Exchanges Commission would win in the Ripple lawsuit. дальше »
2023-6-17 18:00 | |
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Crypto platform Bakkt drops Cardano, Polygon, Solana as SEC scrutiny intensifies
Bakkt is the latest U.S.-based crypto platform to delist Cardano, Polygon, and Solana because of the recent regulatory uncertainty surrounding these assets, Fortune reported on June 16. Bakkt’s general counsel and secretary Marc D’Annunzio reportedly said: “[Bakkt is taking this measure] until there is further clarity on how to compliantly offer a more extensive list […] The post Crypto platform Bakkt drops Cardano, Polygon, Solana as SEC scrutiny intensifies appeared first on CryptoSlate. дальше »
2023-6-16 17:25 | |
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SEC under congressional scrutiny as BlackRock’s spot Bitcoin ETF application moves forward
U. S. House Financial Services Committee Chair Patrick McHenry said he would “closely” watch how the Securities and Exchange Commission (SEC) responds to BlackRock’s application for a spot Bitcoin ETF in a June 16 tweet. дальше »
2023-6-16 15:19 | |
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Binance Forced To Leave The Netherlands, What About Other EU Countries?
Binance, the world’s largest cryptocurrency exchange by trading volume, received another setback today. The exchange said it has been forced to pull out of the Netherlands because they were unable to register as a Virtual Asset Service Provider (VASP) with the Dutch regulator. дальше »
2023-6-16 14:30 | |
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Tether CTO calls USDT depeg ‘good stress test’ for company
Paulo Ardoino said the Tether “attack” was a good stress test but is now “dying off. ” Tether (USDT) moved from a low of $0. 99579 on June 15, reaching a local top of $0. 99976 later in the day – recovering its de-pegged position. дальше »
2023-6-16 13:30 | |
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Coinbase doubles USDC rewards to 4% amid SEC scrutiny on staking services
Coinbase said in a June 15 tweet that it now offers 4% rewards on USDC. Coinbase’s newly increased reward rate means that the company has approximately doubled its previously offered returns on USD Coin (USDC). дальше »
2023-6-16 04:26 | |
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Tether stops fighting freedom of information request, allows disclosure of reserve data
Stablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. дальше »
2023-6-16 02:57 | |
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Texas regulator says Abra secretly moved funds to Binance, has been insolvent for months
The Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements. дальше »
2023-6-16 00:27 | |
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Binance.US reportedly cuts 50 staff following SEC charges
Binance. US, the American counterpart of Binance, has laid off about 50 staff members across its legal, compliance, and risk departments. , Reuters reported June 15. Two Binance. US employees, who have not been identified, disclosed a “round of layoffs” on LinkedIn and said that they were leaving the company. дальше »
2023-6-16 23:40 | |
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Dubai's VARA approves OKX 'preparatory' license as part of exchange's expansion plans
The middle eastern arm of the exchange said it had opened an office in the Dubai World Trade Center and planned to increase its staff to 30 people. дальше »
2023-6-15 20:00 | |
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New York bans CoinEx exchange, seizes $1.7M in crypto assets
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said. дальше »
2023-6-15 18:34 | |
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BlackRock nears bitcoin ETF filing, partnering with Coinbase custody
BlackRock, the asset management company with a staggering $9 trillion under its control, is said to be on the verge of applying to a bitcoin exchange-traded fund. дальше »
2023-6-15 18:33 | |
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Sei Foundation Dismisses KYC and Facial Scanning Claims for Airdrops
Sei Foundation has denied reports that it will require facial scans and KYC for Sei Network's incentivised testnet and airdrop, stating the rumours are "categorically false". The foundation said it had only experimented with a face scanning tool on Discord after receiving complaints about bot spam. дальше »
2023-6-15 11:45 | |
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White hat hacker exploits Hashflow for $600K, seemingly just to return funds
Multi-chain trading platform Hashflow said on June 14 that it suffered an incident affecting hundreds of thousands in funds. $600K affected Hashflow did not explicitly confirm that it had been attacked but said that $600,000 of funds had been affected. дальше »
2023-6-15 23:27 | |
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All you need to know about Uniswap's latest upgrade
Uniswap said that V4 would result in 99% reduction in pool creation gas costs. Over the last week, Uniswap volume rose by 7.39%, an uptrend seen across major DEXs. The world's largest decentThe post All you need to know about Uniswap's latest upgrade appeared first on AMBCrypto. дальше »
2023-6-15 21:30 | |
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Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation
Connext said it is "building the HTTP of Web3" to create a communication layer across different blockchain networks. дальше »
2023-6-15 17:00 | |
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Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
Bitcoin maximalist Michael Saylor has said recent enforcement actions by U.S. regulators have made it clear that the crypto industry is destined to be rationalised down to a bitcoin (BTC)-focused industry. дальше »
2023-6-15 12:02 | |
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SEC and Binance.US Work on Deal to Avoid Asset Freeze, BNB Pops 7%
"Shutting it down completely would create significant consequences not only for the company but for the digital asset markets in general,” said the judge. The post SEC and Binance.US Work on Deal to Avoid Asset Freeze, BNB Pops 7% appeared first on BeInCrypto. дальше »
2023-6-14 07:04 | |
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Binance.US and SEC told to reach compromise on restraining order
Binance. US and the U. S. Securities Exchange Commission (SEC) could reach an agreement that could avoid a full asset freeze, Bloomberg said on June 13. Judge demands compromise agreement The SEC first filed charges against Binance. дальше »
2023-6-14 02:20 | |
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SEC Says It May Make a Recommendation on Coinbase Petition Within 4 Months
The U.S. Securities and Exchange Commission (SEC) hasn't made a decision on whether it will respond to Coinbase's petition for rulemaking and its enforcement action against the crypto trading platform isn't inconsistent with any decision on rulemaking, the regulator said Tuesday. дальше »
2023-6-14 02:20 | |
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Haru halts withdrawals and deposits
Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals. User access to funds suspended Haru said that it was necessary to halt transactions in order to protect investors following a business error. дальше »
2023-6-14 00:34 | |
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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 »
2023-6-13 19:03 | |
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Apple’s Warning: Bitcoin Tip Feature Endangers Social Media Platform Damus
Social media platform Damus has been warned by Apple to change its "tip" feature within 14 days or face removal from the App Store. Damus said it had no digital goods to sell and that the tip button was for "facilitating p2p transactions like Venmo or CashApp". дальше »
2023-6-13 16:45 | |
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Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts, Bernstein Says
The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said. дальше »
2023-6-13 13:28 | |
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South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update. дальше »
2023-6-13 10:08 | |
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Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing
Circle CEO Jeremy Allaire published a June 12 blog post featuring testimony that he plans to present to Congress regarding draft stablecoin regulation. Allaire urges for pro-U.S. stablecoin rules Allaire said in his prepared remarks: “The stablecoin bill is a crucial piece of legislation that should be the first step in creating a regulatory framework […] The post Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing appeared first on CryptoSlate. дальше »
2023-6-13 01:07 | |
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U.S. Court Dismisses BitGo’s Lawsuit Against Galaxy Digital
BitGo failed to provide documents that were required for the merger to be completed, effectively voiding the deal, court documents said. дальше »
2023-6-13 00:44 | |
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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 »
2023-6-13 00:36 | |
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Bank of China subsidiary issues tokenized notes on Ethereum
A Chinese bank has issued tokenized notes on the Ethereum blockchain in collaboration with UBS Group, the latter firm said on June 12. Aurelian Troendle, Global Head of MTN Trading at UBS AG, said: “We are pleased to work with BOCI on this transaction to bring structured products onto a public blockchain network, supporting our […] The post Bank of China subsidiary issues tokenized notes on Ethereum appeared first on CryptoSlate. дальше »
2023-6-13 00:16 | |
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eToro ending US customers’ access to four cryptocurrencies
Stock and crypto trading platform eToro said in a June 12 email shared with CryptoSlate that it would limit access to certain crypto positions for users in the U. S. In its message, eToro said that users based in the U. дальше »
2023-6-13 23:37 | |
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Gemini execs claims Democrats' anti-crypto position will...
According to Gemini's Cameron Winklevoss, the youth vote saved the American Democratic party from defeat in 2020. Alienating them now with anti-crypto policies, he said, will result in "lost votes" inThe post Gemini execs claims Democrats' anti-crypto position will... appeared first on AMBCrypto. дальше »
2023-6-12 20:30 | |
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Hong Kong Lawmaker Invites Coinbase to Apply to Operate in Region Amid U.S. SEC Crackdown
The company is excited to expand globally and wants to build in Abu Dhabi, Canada, Singapore, and get authorized with the U.K. under its upcoming crypto regime Tom Duff-Gordon Vice President of International Policy at Coinbase said. дальше »
2023-6-13 20:08 | |
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Mark Cuban slams SEC’s crypto guidelines as ‘near impossible’ to navigate
American businessman Mark Cuban said it is almost impossible to know what qualifies as a security under the current regulatory regime of the U. S. Security and Exchange Commission (SEC), citing documents from the financial regulator’s website. дальше »
2023-6-12 14:37 | |
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