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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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Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the launch of the protocol and expand its workforce. дальше »
2023-6-12 02:00 | |
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Coinbase CEO says crypto industry needs clarity, either from Congress or case law
The U.S. crypto industry needs regulatory clarity, which can only come from Congress or through case law, Coinbase CEO Brian Armstrong told The Wall Street Journal. Armstrong said there’s an ongoing power struggle between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and Coinbase has been “caught in the middle” […] The post Coinbase CEO says crypto industry needs clarity, either from Congress or case law appeared first on CryptoSlate. дальше »
2023-6-12 18:53 | |
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I asked ChatGPT what the future holds for MATIC, it said...
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon [MATIC] is one of the most popular cThe post I asked ChatGPT what the future holds for MATIC, it said... appeared first on AMBCrypto. дальше »
2023-6-11 16:55 | |
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Senator Vows to Revamp Crypto Regulation as Businesses Abandon US Market
With businesses openly criticizing the U.S.'s approach to crypto, one Senator has said she is working on a new regulatory framework for the sector. The post Senator Vows to Revamp Crypto Regulation as Businesses Abandon US Market appeared first on BeInCrypto. дальше »
2023-6-11 16:19 | |
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Binance CEO Clears Air on ‘FUD,’ Addresses Crypto Market Crash
Binance CEO, Changpeng Zhao, said that rumors that Binance converted its crypto holdings to fiat were a false market narrative. His statement comes on the heels of the recent regulatory scrutiny that has bedeviled the exchange. дальше »
2023-6-10 21:14 | |
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Nigeria’s SEC orders Binance Nigeria Limited to stop operations
Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ. дальше »
2023-6-10 18:26 | |
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Binance Nigeria Ordered to Halt 'Illegal' Operations by Securities Watchdog
A spokesperson for Binance, which faces a U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm. дальше »
2023-6-12 15:19 | |
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Meta previews consumer AI tools, from chatbots to photo editors to “stickers”
Facebook and Instagram parent Meta internally unveiled several AI features that will soon be offered to users, various sources reported on June 8. Meta unveils new consumer AI tools Axios said on June 8 that CEO Mark Zuckerberg and other executives announced the features during an all-staff meeting. дальше »
2023-6-10 03:51 | |
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Ooki DAO to pay $643K fine after CFTC’s court victory
The Commodity Futures Trading Commission (CFTC) said June 9 that it achieved a legal victory against Ooki DAO in a precedent-setting case. Ian McGinley, the CFTC’s Division of Enforcement Director, said: “The founders created the Ooki DAO with an evasive purpose, and with the explicit goal of operating an illegal trading platform without legal accountability. дальше »
2023-6-10 02:30 | |
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Crypto.com to halt US institutional exchange offering; retail users unaffected
Crypto. com will soon end U. S. access to its institutional exchange, according to a statement from the company on June 9. That statement said the decision had been made due to limited demand in that market. дальше »
2023-6-10 23:25 | |
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Buterin says Ethereum needs 3 critical transitions to ensure its survival
Ethereum co-founder Vitalik Buterin said the Ethereum network needs to go through three major technical transitions related to Layer-2 scaling, wallet security, and privacy as it matures from a “young experimental technology into a mature tech stack. дальше »
2023-6-10 21:01 | |
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With Ether Options Market Makers 'Long Gamma' at $1.8K, Price Is Likely to Hold
Traders said market makers are holding options with a $1,800 strike price and are likely to influence prices as they try to keep their portfolios direction-neutral. дальше »
2023-6-9 18:01 | |
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Australia-Based Lawyer Bill Morgan Tells Us Exactly Why June 13 Will Be A Monumental Day For Crypto
Australia-based attorney, Bill Morgan, has highlighted three upcoming events that are set to happen on the same day: June 13. Morgan thinks the said date will prove “monumental” for the crypto sector. дальше »
2023-6-9 16:30 | |
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Gary Gensler Met With Waves of Disapproval for Changing Rules in Middle of Game
Crypto investment firm Paradigm has criticized the US Securities and Exchange Commission's proposed redefinition of an "exchange. " The firm said the SEC is wrongly trying to bring crypto trading platforms into its purview and that decentralized exchanges should not be subject to securities legislation. дальше »
2023-6-9 11:53 | |
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FTX argues that releasing ‘valuable’ customer list will harm its sale value
Releasing the nine million-strong list of customers would “impair” the ability to maximize value for FTX creditors, a banker for the exchange said. дальше »
2023-6-9 08:35 | |
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First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout
ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year. дальше »
2023-6-9 03:54 | |
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BitGo to acquire 100% equity in Prime Trust parent following latter’s bankruptcy rumors
Crypto custodian BitGo said on June 8 that it signed a term sheet to acquire 100% equity in Prime Core Technologies, the parent company of Prime Trust. BitGo said the acquisition would allow BitGo to offer a “full suite of solutions” to institutional clients and fintech companies. дальше »
2023-6-9 01:58 | |
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CZ denies holding firms received $12B of Binance.US user funds
Binance CEO Changpeng Zhao on June 8 countered SEC claims and denied that one of his holding firms received $12 billion in U. S. customer funds. Regarding the supposed $12 billion transfer, Zhao said: “This is simply false … To the best of my knowledge, Binance. дальше »
2023-6-9 01:07 | |
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Elizabeth Warren asks DOJ to investigate Binance’s statements to Congress
Senators said June 8 that the U. S. Department of Justice should investigate statements previously made by Binance and take action as necessary. Democratic senators Elizabeth Warren and Chris Van Hollen alleged that Binance and Binance. дальше »
2023-6-9 23:31 | |
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Hong Kong’s Web3 industry faces 100,000 person shortfall
Hong Kong Legislative Council Member and Co-founder of G-Rocket, an incubator firm, Wu Jiezhuang, said the region faces a Web3 talent shortage. In an interview with Chinese-language crypto publication Chain Catcher, Jiezhuang covered several points, including developments at G-Rocket, the impact of the Virtual Assets Service Provider (VASP) licensing system in Hong Kong, and the […] The post Hong Kong’s Web3 industry faces 100,000 person shortfall appeared first on CryptoSlate. дальше »
2023-6-9 19:44 | |
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Gary Gensler had close ties to Binance’s CZ, offered to serve as exchange advisor: lawyers
Lawyers in Binance’s securities case claim that SEC chair Gary Gensler once offered to serve as an advisor to their company, CNBC said on June 7. Gensler met CZ, offered to act as Binance advisor The U. дальше »
2023-6-8 04:14 | |
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