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Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
20.6.2023
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets
You Can Watch AI Trump Vs. AI Biden In An Endless, Unhinged Debate Live On Twitch
20.6.2023
If there’s a big enough data set to pull from, AI can create audio and visual replications of anyone suddenly saying and doing things they’ve never said before. You’ve probably already seen this in action, whether it’s those popular AI TikTok songs that show you what Ariana Grande might sound like...
Era of trading crypto as non-securities is over, says exchange ex
20.6.2023
SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them as non-securities
Branding: The layer-1 of a successful Web3 marketing strategy
20.6.2023
Building on a blockchain follows similar fundamental principles to building in real life
Ethereum staking continues enormous inflow states Avorak analysis
19.6.2023
This article is a market analysis of Ethereum staking. Avorak AI, a market intelligence tool, has revealed that Ethereum staking continues to experience an enormous inflow, with over 19 million ETH deposited into staking pools. As part of Ethereum’s shift to the Shanghai hard fork, users...
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...
Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings
17.6.2023
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This withdrawal arrangement was approved on Tuesday by...
US Judge Considers if Crashed Coins of Terraform Labs Were Securities
16.6.2023
A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and Exchange Commission (SEC) alleging that they...
‘We had to change strategies,' says SEC enforcement director on recent actions: Report
16.6.2023
The SEC has taken enforcement actions against several crypto firms, a move that has been criticized by many U.S. lawmakers and industry leaders
Mango Markets exploiter behind alleged $116M theft will stand trial in December
16.6.2023
Avraham Eisenberg faces civil lawsuits from the U.S. Commodity Futures Trading Commission, Securities and Exchange Commission and Mango Markets and criminal charges from the DoJ
Bakkt follows Robinhood, eToro in delisting major altcoins: Report
16.6.2023
Bakkt reportedly suspended trading of Solana, Polygon, and Cardano -- tokens the U.S. SEC recently deemed securities
SEC argues against Dentons' motion to dismiss Terraform and Do Kwon's lawsuit
16.6.2023
Terraform and Do Kwon lawyers used a U.S. House hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit
US Treasury Secretary: No Alternative Reserve Currency Can ‘Replicate’ Role Played by the Dollar
16.6.2023
United States Treasury Secretary Janet Yellen recently told members of the U.S. Congress that while some countries are seeking to create alternatives to the greenback, no country, including China, can create a currency which replicates the dollar’s role in the global financial system....
Crypto lender Abra has been insolvent since March, says Texas regulator
16.6.2023
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order
Token Sale Ahead: Celsius to Convert Customer ‘Altcoins’ to BTC and ETH
16.6.2023
Amid the regulatory crackdown in the United States, the bankrupt crypto lender Celsius has announced that all of its customers’ “altcoins” will be converted to bitcoin (BTC) and ethereum (ETH). Over $215 million worth of coins such as CEL, ADA, LINK, LTC, and others will...
3AC liquidators file motion to hold Kyle Davies in contempt
15.6.2023
Civil sanctions against 3AC's co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until compliance with a subpoena
Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing
15.6.2023
The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure cryptocurrency broker named Prometheum expressed support...
New York bans CoinEx exchange, seizes $1.7M in crypto assets
15.6.2023
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said
Biggest Movers: MATIC Remains Near 11-Month Low, as Price Plunges by 9%
15.6.2023
Polygon moved closer to an 11-month low on Thursday, as crypto markets continue to react to yesterday’s United States Fed rate decision. The global market cap is trading 4% lower as of writing, as a wave of bears captured sentiment. Litecoin plunged to a three-month low today. Polygon...