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Bitcoin miner Core Scientific files for bankruptcy plan
Core Scientific stated that its liquidity got a boost since filing for chapter 11 bankruptcy. It cited rising Bitcoin prices, increased network hash rate, and lower energy costs as reasons for The post Bitcoin miner Core Scientific files for bankruptcy plan appeared first on AMBCrypto. дальше »
2023-6-21 16:30 | |
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Why The Ripple General Counsel Demands Impartiality From SEC Staff
In a recent post, the Chief Legal Officer of Ripple, Stuart Alderoty, stated that legally federal employees must act impartially. As such, the United States Security and Exchange Commission (SEC) especially should comply with rigid rules. дальше »
2023-6-21 20:30 | |
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Crypto payments platform Wyre shuts shop due to crypto winter
The firm stated that its decision has got nothing to do with the recent regulatory enforcement actions. Customers can withdraw their assets through Wyre's dashboard until 14 July. Crypto payThe post Crypto payments platform Wyre shuts shop due to crypto winter appeared first on AMBCrypto. дальше »
2023-6-17 13:30 | |
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Bitcoin's dominance will soon skyrocket, says Michael Saylor
Bitcoin's market share will nearly double, according to Michael Saylor of MicroStrategy Inc. In an interview, the Bitcoin bull stated that SEC's recent enforcement steps will ultimately benefitThe post Bitcoin's dominance will soon skyrocket, says Michael Saylor appeared first on AMBCrypto. дальше »
2023-6-14 16:00 | |
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SEC snubs Coinbase’s seven-day rulemaking request but could act by October
The U. S. Securities and Exchange Commission (SEC) stated in a June 13 court filing that it has not yet decided on requests from Coinbase. SEC says it hasn’t decided on rulemaking In July 2022, Coinbase petitioned the SEC to engage in rulemaking for the cryptocurrency industry, seeking clear regulatory guidelines. дальше »
2023-6-14 09:53 | |
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Crypto yield platform Haru suspends transfers after investigation
The firm previously stated it had an issue with one of its service partners.
дальше »2023-6-14 21:11 | |
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US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler
U.S. lawmakers Warren Davidson and Tom Emmer introduced a bill on June 12 to restructure the U.S. Securities and Exchange Commission and remove its chairman, Gary Gensler. In a June 12 statement, the lawmakers stated that the bill, tagged “the SEC Stabilization Act,” would change the financial regulator’s current structure, ensuring its priorities protect investors’ […] The post US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler appeared first on CryptoSlate. дальше »
2023-6-13 22:23 | |
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Binance Hit With Suspension Notice In Nigeria By Market Regulator
In a significant move, Nigeria’s market regulator has issued a directive to suspend the operations of Binance, the largest cryptocurrency exchange globally, within the country. The regulator stated that the exchange’s local unit, which had been attracting Nigerian investors through its website, was operating illegally. дальше »
2023-6-12 17:41 | |
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Do Kwon Faces Potential Prison Time In US And South Korea, Prosecutor Warns
Terraform Labs co-founder Do Kwon has fallen into the tight fist of the law as a senior prosecutor says Kwon may face double jail terms, first in his native South Korea and then in the US. The senior South Korean prosecutor, Dan Sunghan, stated that Do Kwon would face multiple sentences regarding his involvement in […] дальше »
2023-6-8 15:30 | |
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Coinbase has no plans to delist assets or end staking service
Coinbase executives have stated that their company does not intend to end support for tokens and services named in a securities case. Coinbase doesn’t intend to reduce options The U. S. Securities and Exchange Commission (SEC) filed charges against Coinbase on June 6. дальше »
2023-6-8 01:52 | |
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Ripple CEO To SEC: Suing Exchanges Won’t Save You From “FTX Debacle”
Ripple CEO Brad Garlinghouse has declared that SEC’s recent actions wouldn’t distract the industry from its failure in what he called the “FTX debacle. ” Garlinghouse also stated that Gensler’s actions now differ from his “pro-innovation stance”. дальше »
2023-6-7 21:30 | |
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Late Evidence In Criminal Trial Irks SBF, FTX Explores Options For AI Stock Sale
Former FTX CEO Sam Bankman-Fried (SBF) is still entwined in his legal battle over the FTX crisis. In a letter, SBF’s legal team stated that prosecutors are behind on deadlines for vital evidence to build their defense on numerous fraud charges. дальше »
2023-6-7 20:00 | |
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Reserve Bank of Australia: Stablecoins can play an important role in the financial system
Stable digital coins can play an important role in the Australian economy and financial system. This is stated in the new report of the Reserve Bank of the country (RBA). “The activity of stablecoins in Australia has been relatively limited to date, although stablecoins may play a more prominent role in the financial system in […] Сообщение Reserve Bank of Australia: Stablecoins can play an important role in the financial system появились сначала на Coinstelegram. дальше »
2023-6-7 18:40 | |
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Coinbase Chief Legal Officer Heads to Capital Hill to Testify on Crypto Clarity
Coinbase Chief Legal Officer Paul Grewal voiced his concerns that the US was falling behind in terms of tech innovation and fair crypto regulations. He stated, "We cannot afford to ignore crypto while other markets take advantage of our absence, developing rules and regulations that enable the industry to thrive and risk sending jobs, investment, and technological leadership overseas. дальше »
2023-6-6 10:07 | |
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Tether sits in a comfortable position as USDT reaches this milestone
The market capitalization of Tether’s USDT had surpassed the previous all-time high of $83.2 billion Tether also stated plans to partner with a licensed mining company to promote sustainable The post Tether sits in a comfortable position as USDT reaches this milestone appeared first on AMBCrypto. дальше »
2023-6-2 02:00 | |
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Binance layoffs – CZ refutes bear market struggles
Binance CEO Changpeng Zhao (CZ) played down the significance of recent company layoffs – saying, “Another day, another FUD. ” Layoff rumored to be bear market driven. On May 31, Colin Wu of the Wu Blockchain Twitter account stated multiple sources had confirmed Binance was planning to lay off staff. дальше »
2023-6-1 11:50 | |
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DOGE's latest milestone could mean nothing unless these holders stay put
Data from IntoTheBlock stated that daily DOGE transactions surged by 8220% in May. At press time, DOGE was exchanging hands at a loss with its RSI moving towards the oversold region. The lThe post DOGE's latest milestone could mean nothing unless these holders stay put appeared first on AMBCrypto. дальше »
2023-6-1 05:30 | |
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Why Spot Bitcoin ETF is not guaranteed: Analyst
Bloomberg's James Seyffart believes that Grayscale's victory against the SEC may not guarantee a Spot Bitcoin ETF. He stated that approval of the ETF application will depend on the language useThe post Why Spot Bitcoin ETF is not guaranteed: Analyst appeared first on AMBCrypto. дальше »
2023-5-30 17:00 | |
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Ark Invest’s Cathie Wood Calls Nvidia Valuations Stretched, Justifies Exit
Coinspeaker Ark Invest’s Cathie Wood Calls Nvidia Valuations Stretched, Justifies Exit Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year. дальше »
2023-5-30 15:44 | |
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BKEX freezes withdrawals amid money laundering probe
Crypto exchange BKEX suspended withdrawals after funds on its platform were used for money laundering, according to a May 29 statement. BKEX stated that its users’ funds were involved in money laundering, adding that it was cooperating with law enforcement agencies to gather evidence. дальше »
2023-5-29 19:56 | |
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Huobi Applies for Hong Kong Exchange License Days After Malaysia Ban
Huobi HK stated that it would start providing spot and managed services to business and retail clients in Hong Kong. The post Huobi Applies for Hong Kong Exchange License Days After Malaysia Ban appeared first on BeInCrypto. дальше »
2023-5-29 13:43 | |
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Bearish Pattern Suggests Double-Digit Drop in Bitcoin Price
On May 25th, Checkmate, Lead On-chain Analyst at Glassnode, stated that Bitcoin is at a crucial point that could lead to a significant correction, as several indicators suggest. Checkmate explained to his Twitter followers that to assess the potential correction, it is important to analyze the behaviour of Short-Term Holders, as they are mostly responsible […] дальше »
2023-5-28 19:10 | |
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Wallet drainer moves funds to Tornado Cash
Crypto security firm CertiK has warned that a known wallet drainer has moved funds into sanctioned crypto tumbler Tornado Cash. In a May 27 alert, CertiK stated that two externally owned addresses (EOAs), 0x546 and 0x108, deposited 20 ether (ETH)… дальше »
2023-5-28 20:01 | |
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Web3 Lawyer Backs Ripple Amid Discovery Of Conversation Between SEC Staff Prior To The Hinman Speech
The legal tussle between Ripple and the Securities and Exchange Commission (SEC) takes a new turn as web3 lawyers and digital asset users scrutinize a new revelation concerning the case. Pro-XRP lawyer John Deaton has stated that a small footnote that he discovered in Ripple’s brief could play a key role in determining the merits […] дальше »
2023-5-27 16:48 | |
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Fed forecasts ‘mild recession’ in 2023
Quick Take The FOMC minutes were released Thursday, showing a split among members over further rate hikes. However, it was clear that rate cuts will not be happening in the near future. In the staff economic outlook, it was stated a “mild recession” could occur later this year. дальше »
2023-5-25 11:59 | |
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US is losing the Bitcoin movement, says Cathie Wood
Key takeaways Cathie Wood has stated that she believes the United States is losing the Bitcoin movement due to the regulatory system. She stated that the collapse of FTX proved the concept of Bitcoin. дальше »
2023-5-24 13:29 | |
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Vitalik Buterin discusses if 'Ethereum's technology should be multipurpose'
Vitalik Buterin, in a recent post, stated how the reuse of validators for different purposes may compromise the security of the Ethereum network. ETH's price and network usage didn't react to VThe post Vitalik Buterin discusses if 'Ethereum's technology should be multipurpose' appeared first on AMBCrypto. дальше »
2023-5-23 07:30 | |
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Gemini accuses parent company DCG of not paying $630 million dues
Gemini has said that its parent company DCG has failed to pay $630 million, which was due last week. The exchange stated that it is working with Genesis, DCG, and creditors to offer forbearanceThe post Gemini accuses parent company DCG of not paying $630 million dues appeared first on AMBCrypto. дальше »
2023-5-22 14:30 | |
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Investor consortium Fahrenheit poised to win Celsius bankruptcy auction
A lawyer representing Celsius Network stated that the ongoing bankruptcy auction will be concluded within a week. A consortium of investors including Coinbase is likely to win the auction for tThe post Investor consortium Fahrenheit poised to win Celsius bankruptcy auction appeared first on AMBCrypto. дальше »
2023-5-18 17:00 | |
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Is Filecoin [FIL] the latest to be on the US SEC radar?
An SEC staff told Grayscale that Filecoin [FIL] could be classified as a security Grayscale stated it would respond to the staff but is unsure about its results The United States Securities The post Is Filecoin [FIL] the latest to be on the US SEC radar? appeared first on AMBCrypto. дальше »
2023-5-18 00:00 | |
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Chainlink's [LINK] mixed signals - To buy or not to buy?
A new report stated that LINK's movements presented a good buying opportunity. An on-chain assessment, however, pointed out that negative sentiment continues to trail the asset. According The post Chainlink's [LINK] mixed signals - To buy or not to buy? appeared first on AMBCrypto. дальше »
2023-5-17 22:30 | |
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Investors lost $46 billion in just five months
About 4. 3 million investors lost $46 billion in just five months as a result of the collapse of a number of large cryptocurrency firms. This is stated in a study by Radhika Patel and Jonathan Rose from the Federal Reserve Bank of Chicago. дальше »
2023-5-18 15:20 | |
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Coinbase CEO reacts as SEC shuns need for crypto rules in its lawsuit
The U.S. SEC has stated that any crypto rulemaking could take years, so, for now, enforcement actions will suffice. The securities regulator made the remarks in its court filing in response to The post Coinbase CEO reacts as SEC shuns need for crypto rules in its lawsuit appeared first on AMBCrypto. дальше »
2023-5-16 12:30 | |
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US Secret Service holds crypto, other questions answered in AMA session
The law enforcement agencies answered a series of crypto-related questions on Reddit The agencies stated that blockchain technology did help them fight crimes The United States Secret ServicThe post US Secret Service holds crypto, other questions answered in AMA session appeared first on AMBCrypto. дальше »
2023-5-16 00:30 | |
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Ripple CTO Labels BEN Coin As Scam, Bitboy Reacts
Ripple’s Chief Technology Officer (CTO), David Schwartz, responded to a tweet from a crypto enthusiast, calling the BEN Coin project a 100% rug pull. Schwartz asked the poster why he believed such but still stated his reservations about the new crypto project. дальше »
2023-5-14 11:40 | |
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QuadrigaCX, Bankrupt Crypto Exchange, Will Resume Interim Fund Distribution
Coinspeaker QuadrigaCX, Bankrupt Crypto Exchange, Will Resume Interim Fund Distribution Miller Thomson, the law firm representing QuadrigaCX stated that a small number of affected users are likely to receive notice of Disallowance of Claim. дальше »
2023-5-10 14:10 | |
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Over 75% of global institutions anticipate a successful cyber attack within a year
Around 78% of organizations worldwide expect a successful cyber attack to occur in the next 12 months, Trend Micro’s latest report revealed on May 4. This rate is especially surprising considering the report also calculated the cyber risk level to be improved to moderate from elevated for the first time, the Trend Micro report stated. дальше »
2023-5-4 14:00 | |
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Binance CEO Speaks on Meme Coins: ‘I Never Understood’ Them
Binance CEO Changpeng Zhao recently stated that he never understood meme coins and isn't included in listing them on the exchange. The post Binance CEO Speaks on Meme Coins: ‘I Never Understood’ Them appeared first on BeInCrypto. дальше »
2023-5-4 13:15 | |
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Gemini enters mediation, hopes to quickly resolve DCG dispute
The Gemini crypto exchange hopes mediation will produce a swift resolution to negotiations with Digital Currency Group (DCG) about returning funds belonging to users of the now-defunct Gemini Earn program. дальше »
2023-5-1 12:51 | |
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Centralized exchanges flourish in Q1’23: TokenInsights data reveals crypto winter may be thawing
Research firm TokenInsight released its Q1 Crypto Exchange Report — showing centralized platforms had a buoyant start to 2023. The report stated that, during the quarter, the total crypto market cap had grown from $831. дальше »
2023-4-28 15:15 | |
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EU banking regulator suggests the following to reduce risk in crypto sector
The European Banking Authority Chair emphasized the diversification of stablecoin reserves for robust risk management. He also stated that while the EU's MiCA regulations would take effect in 2The post EU banking regulator suggests the following to reduce risk in crypto sector appeared first on AMBCrypto. дальше »
2023-4-27 18:00 | |
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