If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Altcoin prices crumbled after the United States Securities and Exchange Commission announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest…
241 ViewsDEXes are not securities exchanges, argues crypto venture firm Paradigm. Crypto venture capital firm Paradigm has slammed the United States Securities and Exchange Commission’s attempt to redefine the term “exchange” — which if accepted, would bring decentralized exchanges under its purview. On June 8, the firm sent a lengthy 14-page letter to the SEC secretary, Vanessa Countryman,…
253 ViewsGensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and can benefit the crypto market of today. In a June 8 speech at the Piper Sandler Global Exchange & Fintech Conference, United States Securities and Exchange Commission (SEC) Chair Gary Gensler compared the current crypto market to the 1920s…
243 ViewsBrian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance. The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows due to recent lawsuits by the United States securities regulator. Armstrong’s net worth was slashed by…
292 ViewsLarge financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions. As more institutions explore digital assets, the need for on-chain analytics platforms has never been higher. Compliance experts, investigators and regulators employ these blockchain analytical tools to better understand the patterns and entities in cryptocurrency transactions….
288 ViewsThe executive appears to have now recovered his account. Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the account. The attacker allegedly used Madrid’s account to promote a fake…
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