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Coinbase Reportedly Facing SEC Probe for Listing Unregistered Securities
26.7.2022
Coinbase, the U.S.-based cryptocurrency exchange, is reportedly facing a probe from the Securities and Exchange Commission (SEC) over the listing of several crypto assets on its platform. The investigation, according to three people with ostensible knowledge of the matter, is examining whether...
'Cryptojacking' in Financial Sector Has Risen 269% This Year, SonicWall Says
26.7.2022
Malicious cryptojacking hacks have surged by 269% across the financial sector in the first half of 2022
Crypto Exchange OSL Will Sell Security Tokens to Professional Investors
26.7.2022
Cryptocurrency exchange OSL Digital Securities has distributed security tokens to professional investors in Hong Kong in a private security token offering (STO)
Web3 & Metaverse NFT Domains Now Available to Mint at Quik․com
26.7.2022
Quik.com is offering NFT domains as a gateway pass for users to establish their very existence on the web of tomorrow and the metaverse. A wide range of top-level domains, including .metaverse, .web3, .vr, and many others, are available on this NFT domain marketplace, Quik.com, enabling users...
Tether Finds Stable Dollar Peg After Terra's Collapse
26.7.2022
While tether has passed the market's stress test with a return to normalcy, concerns about its reserves will linger, one trader said
Institutional Traders Have Mixed Views About Tesla’s Decision to Sell Bitcoin
26.7.2022
“Macro and micro factors are complex, and cash on hand is welcome,” one trader said
NFT Market Projected to Reach $200 Billion in 2030
26.7.2022
A new report is predicting that the total value of the NFT market will reach $200 billion in 2030. The report, issued by Grand View Research, a multinational market insights company, found that the rising demand for this kind of instrument — due to its growing number of applications —...
US Senators Push Bill to Make Small Crypto Transactions Tax-Free
26.7.2022
Prominent U.S. senators are trying to free Americans from tracking taxes every time cryptocurrencies change hands, introducing a bill that would exempt them from reporting any transactions up to $50 or any trade in which they earn less than $50
Hong Kong positioned as the most crypto-ready country in 2022
26.7.2022
Factors considered to calculate a country’s readiness were the number of crypto ATMs proportional to the population and geographical size and the number of blockchain startups per 100,00 people
FTX CEO Sam Bankman-Fried Believes Crypto Will Thrive in Latam
26.7.2022
Sam Bankman-Fried, CEO of FTX, believes that the future of crypto is bright in Latam. In a recent interview, Bankman-Fried recognized the rising adoption and demand that cryptocurrencies are experiencing in Latam, stating that use is expected to grow for remittances and payments in the future....
FBI Warns Crypto Owners Not to Fall for ‘Liquidity Mining Scam’
26.7.2022
The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in combined victim losses,” said the law enforcement agency. FBI Warns of Crypto Liquidity...
SEC Probing Coinbase for Allegedly Listing Securities: Report
26.7.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly probing crypto exchange Coinbase, a publicly-traded company it oversees, on suspicion it allowed U.S. persons to trade unregistered securities
Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’
26.7.2022
The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to lose in crypto. Philippine Central Bank Governor on Crypto Regulation Felipe...
First Mover Asia: Is DEX Efficiency a Threat to Coinbase Long-Term?; Bitcoin Sinks Below $22K
26.7.2022
Coinbase’s revenue dwarfs the decentralized exchange Uniswaps, but the two companies are generating roughly the same trading volume, and Uniswap is operating with a significantly smaller workforce
Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC Filing
26.7.2022
Tesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc....
Rate Hike at Fed's July Meeting Provides a Credibility Test, With Cuts Already on Horizon
26.7.2022
Fed preview
Binance CEO Sues Bloomberg’s Hong Kong Partner for Defamation
25.7.2022
Changpeng Zhao sued Modern Media CL on defamation for a magazine headline that portrayed Binance as a "ponzi scheme."
US Stablecoin Bill Delayed, but Draft Language May Soon Emerge
25.7.2022
A potential bipartisan bill to regulate stablecoins has been bogged down in negotiations, according to three people familiar with the talks, but lawmakers developing the legislation are considering releasing some draft language that may spur wider input
Why Sports and Crypto Getting Together Is a Win-Win
25.7.2022
TKTK
Titanium Blockchain CEO Pleads Guilty in $21M Securities Fraud Case
25.7.2022
Michael Stollery admitted to carrying out a fraudulent initial coin offering back in 2018