CFTC Overreached in Suing Binance, Crypto Exchange Says

The U.S. Commodity Futures Trading Commission (CFTC) is reaching beyond its jurisdiction in trying to sue Binance, the global crypto exchange said in a motion to dismiss the regulator's lawsuit against it. дальше »

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Despite good faith actors, crypto is ‘rife with fraud; rife with hucksters,’ says Gensler

U. S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated his concerns about the cryptocurrency sector, saying it is “rife with fraud” and lacks adequate protections for investors during an interview today with BBTV. дальше »

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US SEC chair says crypto riddled with fraud and non-compliance

US SEC chair, Gary Gensler, is concerned about the pervasive fraud and regulatory non-compliance in the crypto market дальше »

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Bitcoin-focused MicroStrategy stock has 22% upside – analyst says

TD Cowen analyst sees upside in MicroStrategy to $520. Lance Vitanza explained his bullish view in a research note. MicroStrategy stock has already tripled since the start of 2023. MicroStrategy Inc has already tripled since the start of this year but a TD Cowen analyst continues to see further upside in this stock. дальше »

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Worldcoin Could Enable Wider Distribution of Crypto Than Even Bitcoin, Says CoinFund

Worldcoin could onboard "billions of users" into crypto, said CoinFund. дальше »

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Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager

The Morgan Creek Capital Management founder said that bitcoin will reach $300,000 by Bitcoin’s 2028 halving. дальше »

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DOGE Likely to Keep Expanding Toward $0.10, Prominent Analyst Says, Rising 15% Weekly

Renowned analyst expects Dogecoin to continue rising toward $0.1 дальше »

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Block.one ICO damages ‘far beyond’ $22M, ENF founder says

Block.one owes much more to EOS investors than just $22 million after the $4-billion ICO, EOS Network Foundation CEO Yves La Rose believes. дальше »

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Coinbase CEO Says Vote ‘Yes’ for Crypto Regulatory Bills: FIT2, Blockchain Certainty Act

Coinbase’s chief, Brian Armstrong, is using his platform to encourage American citizens to endorse the proposed crypto regulatory bills – the Financial Innovation and Technology for the 21 Century Act... дальше »

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U.K. Move to Digitize Trade Documents Could Rely on Blockchain, Government Says

The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs. дальше »

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Robert Kennedy Says Bitcoin Critical to Free Speech in US

Robert F. Kennedy said a free society needs free money like Bitcoin, and confirms purchase of 14 BTC. The post Robert Kennedy Says Bitcoin Critical to Free Speech in US appeared first on BeInCrypto. дальше »

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Pro-SEC Congressman Calls Ripple Court Ruling Ridiculous, Says XRP Is Security

Some US officials still can't believe that Ripple formally won against SEC дальше »

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CoinsPaid Says Lazarus Group Was Behind Platform’s $37.3 Million Hack

CoinsPaid has said it is back to processing transactions on the platform after the security incident. However, the company notes that fortified systems minimized the hack's impact. The post CoinsPaid Says Lazarus Group Was Behind Platform’s $37.3 Million Hack appeared first on BeInCrypto. дальше »

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Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023

A “major leading indicator” for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says.

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Meta Remains Committed to the Metaverse, Mark Zuckerberg Says

The pivot to the metaverse has cost Meta billions of dollars, but the company’s founder and CEO Mark Zuckerberg says the social media isn't looking to give up anytime soon. дальше »

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Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says

The pivot to the metaverse has cost Meta billions of dollars, but the company’s founder and CEO Mark Zuckerberg says the social media isn't looking to give up anytime soon. дальше »

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Digital marketing will become Web3’s next major use case, says report

More than 70 startups have raised over $600 million in the embryonic Web3 digital marketing sector.

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Sam Bankman-Fried Won't Face Campaign Finance Charge, U.S. DOJ Says

The U.S. Department of Justice informed a federal judge that it did "not intend to proceed" with a campaign finance charge against FTX founder Sam Bankman-Fried after consulting with The Bahamas over whether it was included in an extradition document last year. дальше »

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SEC’s Crossroads On Ripple Case Appeal: Here’s What This Crypto Lawyer Says

Crypto lawyer and XRP advocate John Deaton has put forward a viewpoint, underlining that either of the U. S. Securities and Exchange Commission’s (SEC) probable routes of action in its case against payment company Ripple could significantly influence the future of the crypto landscape. дальше »

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Bitcoin: What On-Chain Data Says About The Latest Dip Below $30,000

The Bitcoin price has been underwhelming in the past few days, reflecting the current state of the cryptocurrency market. On Monday, July 24, investors watched the price of the premier cryptocurrency retreat beneath the $30,000 mark again. дальше »

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‘Corporate Regulation’ Poses a Growing Threat to Freedom, Says Crucible CEO

An interview with Ryan Gill, CEO and founder of Crucible.

The post ‘Corporate Regulation’ Poses a Growing Threat to Freedom, Says Crucible CEO appeared first on BeInCrypto.

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Craig Wright’s ‘Lies and Deception’ Justify Minimal Damages Claim, UK Judges Say

Wright says he is the true identity of Bitcoin founder Satoshi Nakamoto, and took a libel case against crypto podcaster Peter McCormack дальше »

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Ripple Chief Legal Officer Says Company Ready for Likely SEC Appeal

Ripple won't scale back from potential SEC appeal дальше »

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SEC appeal could amplify Ripple win, says Ripple Labs legal chief

Stuart Alderoty says that an appeal by the Securities and Exchange Commission could see Ripple consolidate its victory over the regulator even further. дальше »

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KuCoin denies mass layoffs, says cuts are part of normal operations

KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some “personnel adjustments” in the future. дальше »

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Ripple CLO says XRP ruling bodes well for Coinbase, Binance SEC cases

Ripple CLO Stuart Alderoty said on July 25 that a ruling concerning the securities status of the XRP token could be relevant to other ongoing cases. In mid-July, Ripple obtained a legal victory against the U. дальше »

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US Accountability Office says regulators need ‘coordination mechanism’ to tackle crypto oversight

The U. S. Accountability Office (GAO) believes significant regulatory gaps in the crypto industry — specifically related to spot cryptocurrency markets and stablecoins — need to be addressed via a government-wide approach before they become a risk to financial stability. дальше »

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Crypto Analyst Says It’s Time To Buy Dogecoin, Here’s Why

Dogecoin remains one of the popular coins despite the crypto bear market and its resilience has seen it garner a significant following. And now, after a long and stretched-out downtrend, a crypto analyst has sounded the buy alarm for the meme coin, giving reasons for this. дальше »

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DeFi Headed Toward a ‘Major Resurgence,’ Tribe Capital’s Boris Revsin Says

The managing partner of the $1.6 billion investment firm says infrastructure is the key to turning crypto into a $10 trillion industry. дальше »

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Is KuCoin About to Lay Off 30% of Its Workforce?

Crypto exchange KuCoin is reportedly laying off over 30% of its workforce, a move the company says is part of routine performance appraisals amid a broader trend of layoffs in the crypto industry. дальше »

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Shiba Memu outlook as expert dubs not embracing AI a ‘threat’

U. S. needs to accelerate its embrace of artificial intelligence and its integration into the many walks of life, says Matt Higgins – the Chief Executive of RSE Ventures. China is outpacing the U. дальше »

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Ripple Lawsuit: SEC Might Be Hesitant to Go After Similar Cases, Law Veteran Says Why

Question of what is next remains in hearts of crypto market participants дальше »

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Former CFTC chairman says stablecoins can be a bridge between two worlds

Timothy Massad, the former CFTC chairman, highlighted the benefits of stablecoins and urged regulators not to discredit their utility when it comes to regulations. дальше »

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Web3 part of a ‘new capitalism’ says Japan PM Kishida

In a move demonstrating Japan’s commitment to Web3, Japanese Prime Minister Fumio Kishida stated the government is actively working to enhance and promote Web3, aligning with his administration’s larger vision of a “new capitalism. дальше »

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$100,000 Bitcoin Still In Sight, This Analyst Says, But With A Caveat

Bitcoin (BTC) remains at the center of attention as Bloomberg Intelligence’s senior macro strategist, Mike McGlone, reiterates his prediction of the top crypto reaching $100,000. However, he cautions that the journey to this six-figure milestone may take work. дальше »

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Federal Regulators Are Needed for Crypto Oversight: U.S. Accountability Office

Regulators lack an ongoing coordination mechanism for addressing blockchain risks in a timely manner, the report says дальше »

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Binance Says It Intends to File Motion to Dismiss CFTC Complaint

Binance, Changpeng Zhao, and Samuel Lim filed a motion Monday night to ask the court for additional allowed length in its response. дальше »

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This Technical Signal Says Bitcoin Dominance Has Potentially Peaked

Altcoin sentiment is at extreme lows, but that’s not the only thing reaching extremes. Bitcoin dominance, a measure of the top cryptocurrency by market cap’s weight compared to the rest of the space, also reached the most extreme reading ever on a technical indicator known for its precise timing and ability to pin-point reversals. дальше »

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US GAO says lack of interagency cooperation needs to be addressed in crypto regulation

In a report requested by Rep. Maxine Waters, the country’s top watchdog is carefully neutral but dissatisfied with agencies’ abilities to work together. дальше »

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EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says

The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements дальше »

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Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO

Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets. дальше »

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Vitalik Buterin Says Worldcoin Project Needs More Work to Manage Risk

Vitalik Buterin warns that Worldcoin's system is not invulnerable to manipulation by autocratic governments and the rise of AI. The post Vitalik Buterin Says Worldcoin Project Needs More Work to Manage Risk appeared first on BeInCrypto. дальше »

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Pro says Bitcoin will hit $50K this year: could Chancer token rally too?

Bitcoin is already up roughly 80% for the year but the Chief Executive of Nexo is convinced that it still has more room to the upside. Bitcoin could hit $50,000 by year-end In a recent interview with CNBC, Antoni Trenchev said it was conceivable for the world’s largest cryptocurrency to end the year between $40,000 […] The post Pro says Bitcoin will hit $50K this year: could Chancer token rally too? appeared first on Invezz. дальше »

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Vitalik says Worldcoin’s Iris Scanning ‘Sufficient’ in Privacy Preservation

As the Worldcoin mainnet goes live, Ethereum co-founder Vitalik Buterin shared his thoughts on Worldcoin and the broader topic of biometric proof of personhood in a detailed blog post. Worldcoin, backed by OpenAI’s CEO Sam Altman, is a proof of personhood initiative to distinguish genuine human identities from bots and other artificial identities. дальше »

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How Texas Became a Global Mecca for Bitcoin Mining

Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the regulators, Texas is all about freedom.” дальше »

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US Congressman Urges To Ban CBDC, Says Technology “Corrupts Money”

Central bank digital currency has gained another top critic as the US Federal Reserve, under Jerome H. Powell’s chairmanship, considers potential CBDC designs.  In a July 23 tweet, Republican representative Warren Davidson condemned any potential move to launch a CBDC, noting that a digital currency flaws the ethos of money. Davidson urged Congress to ban and […] дальше »

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Top Analyst Says Stellar (XLM) Tracking a Potential C Wave, Predicts Polkadot (DOT) Key Support Levels

The weekend’s downtrend has left many investors and traders on edge. However, an in-depth analysis by More Crypto Online YT channel provides some intriguing insights into the potential future of two key players in the market: Stellar (XLM) and Polkadot (DOT). дальше »

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FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case

Lawyers representing SBF have agreed to a gag order preventing him from making comments that could sway his criminal trial but says it should apply to other witnesses too. дальше »

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SEC appeal would not be a setback for Ripple, lawyer says

SEC filed documents signaling the intention to appeal the recent ruling in its case against Ripple. Crypto Law founder John Deaton says the Judge’s decision will remain the law till the appeal is heard and determined. дальше »

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Negative Bitcoin Absorption Rates Point to Bullish BTC Price, Says Analysts

Bitcoin analysts have pointed to the sustained negative absorption rates of the past two months as a bullish indicator of future price rises. The post Negative Bitcoin Absorption Rates Point to Bullish BTC Price, Says Analysts appeared first on BeInCrypto. дальше »

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