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Ethereum (ETH) has experienced a sharp decline since Saturday, dropping from the $1,838 line down to the current level of $1,738 while XRP traded sideways. This has caused concern among investors and traders in the Ethereum market. origin »
The atmosphere is charged in the US crypto arena, heightened by SEC Chair Gary Gensler’s seeming determination to rein in crypto businesses. MicroStrategy Inc’s co-founder and executive chairman Michael Saylor recently spoke to Bloomberg, commenting on this dynamic while painting… origin »
Uncover the rise of blockchain gaming with DappRadar's revenue report. Investments and user activity surge, fueling growth and innovation in the industry. The post Blockchain Gaming Sees Surge in Revenue and User Activity appeared first on NFT News Today. origin »
Outflows increased to $88 million from $62 million the week before, representing an increase of nearly 42%. Ethereum marked its largest single week of outflows since the Merge last year. AccThe post Weekly outflows surge by 42%; BTC, ETH lead the way appeared first on AMBCrypto. origin »
The Bank of Thailand has announced its commencement of a pilot project, set to launch this month, for testing a retail central bank digital currency (CBDC) within a regulatory sandbox. origin »
Troubled exchanges like Binance and Coinbase might not be the biggest trading venues for Bitcoin, Samson Mow hinted.
origin »XRP, the cryptocurrency at the center of the continuing legal battle between payment company Ripple and the US Securities and Exchange Commission, faces a crucial turning point with the unsealing of the highly-anticipated Hinman documents on Tuesday. origin »
Decentralized lending platform Sturdy Finance has declared a $100,000 bounty for the hacker who stole 442 ETH from the protocol. The lending protocol promised to let the matter slide if the hacker agreed to return the stolen funds and take the bounty. origin »
Banq, a subsidiary of the Nevada-based crypto custodian Prime Trust, has filed for bankruptcy in a US bankruptcy court in Nevada. origin »
ApeCoin DAO, the Web3 organization associated with ApeCoin, has recently faced backlash due to concerns over its high payouts and perceived lack of community engagement. Critics have raised objections to the substantial salaries and fees, reportedly reaching up to $75,000 per month, that the DAO has been providing to its leadership board. These remuneration practices […] origin »
Republicans on the House Financial Services Committee told the SEC on June 12 to rescind proposed rulemaking concerning crypto exchanges. Republicans oppose broadened definition Specifically, the lawmakers expressed concern with a proposed amendment from the U. origin »
Binance and Binance.US have made their case against the SEC's motion to freeze all Binance.US funds. origin »
In a Twitter thread, chief legal officer at Ripple Stuart Alderoty sheds light on the SEC’s lawsuit against Ripple. He reveals previously undisclosed information regarding Bill Hinman’s influential speech. origin »
Prime Trust payment subsidiary Banq files for bankruptcy, citing “unauthorized’ asset transfers to Fortress NFT Group.
origin »Changpeng Zhao (CZ), the CEO of Binance, has refuted claims by some crypto traders suggesting that he has been selling off the bitcoin holdings in exchange for BNB in a bid to cushion the latter’s freefall. The Gary Gensler-led United… origin »
The U.S. Securities and Exchange Commission (SEC) hasn't made a decision on whether it will respond to Coinbase's petition for rulemaking and its enforcement action against the crypto trading platform isn't inconsistent with any decision on rulemaking, the regulator said Tuesday. origin »
Acclaimed rapper and entrepreneur Snoop Dogg has ventured further into the world of digital assets with his latest initiative, evolving NFTs called the Snoop Dogg Passport Series. The innovative offering, launching in sync with his summer tour starting July 7 in Vancouver, presents a new dynamic in NFT utility. origin »
Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics firm Santiment, BTC’s social volume has decreased since its surge in March. origin »
China's position on cryptocurrency is showing signs of change as Hong Kong advances regulatory frameworks and mainland China embraces blockchain technology. The future of China's crypto ban is uncertain. origin »
The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such as electric companies. origin »
A Coinbase user recently shared a Coinbase-related scam story indicating that the exchange’s servers might be compromised. Jacob Canfield, a YouTube host and bitcoin enthusiast, claimed he received a text message about a changed two-factor authentication (2FA) setting on their… origin »
MicroStrategy co-founder, Michael Saylor, well deserves his self-designation as a maximalist. He believes the next step for Bitcoin is to 10x. He also praises the recent clarity from the SEC. The post The Next Step Is for Bitcoin to 10X From Here, Says Michael Saylor appeared first on BeInCrypto. origin »
As the Treasury Department studies a possible central bank digital currency, senior official Graham Steele says the effort is looking at privacy, but is also wary of CBDC run risks. origin »
So far, the supply of Bitcoin (BTC) held on exchanges has recently seen a significant decrease, reaching levels last observed in February 2018. This trend underscores a developing pattern in the crypto market – traders and investors preferring to secure their digital assets outside of these platforms. origin »
Ripple’s operations gear up in Europe and Asia despite an ongoing lawsuit with the U.S. Securities and Exchange Commission.
origin »Wintermute Trading, a prominent crypto trading firm, has recently accumulated a substantial amount of UNI tokens, totaling 878,336 ($3. 7 million) from various exchanges. Their current holdings stand at 886,269 UNI ($3. origin »
The ongoing crackdown by the US Securities and Exchange Commission (SEC) on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance. The SEC recently filed a lawsuit against Binance. origin »
A donation last year, from since-imploded crypto exchange FTX to the Oregon Democratic Party, has raised questions about the nature of the relationship of a prominent senator and his staff to the disgraced exchange. origin »
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origin »"Shutting it down completely would create significant consequences not only for the company but for the digital asset markets in general,” said the judge. The post SEC and Binance.US Work on Deal to Avoid Asset Freeze, BNB Pops 7% appeared first on BeInCrypto. origin »
South Korean crypto lending platform Delio announced on June 14 that it would temporarily halt withdrawals by 18:30 (KST) today to protect customers’ assets. Decision blamed on Haru situation The company attributed its decision to the heightened market volatility following Haru Invest’s suspension of deposits and withdrawal services. origin »
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments.
origin »Crypto, memes and bad news have a similar adoption curve these days.
origin »As bitcoin (BTC) started to fall from the crucial $26,000 mark, the social volume and sentiment toward altcoins have risen tremendously, according to data provided by the market intelligence platform Santiment. origin »
Blockstream expects to raise more capital to fund its mining business. origin »
The Adidas Originals x Fewocious collection includes an NFT and a physical Adidas Originals Campus 00’s sneaker designed by the 20-year-old artist. origin »
The CEO of Avorak AI, a fast-rising AI crypto utility solution to blockchains, made observations on Bitcoin’s current and future use cases. According to the CEO, Bitcoin has never had a stronger use case than it does today. origin »
MiCA was recently signed into law and published in the EU’s official journal, starting the countdown for implementing the first-of-its-kind crypto legislation in 27 member states. origin »
TRON has partnered with digital asset investment firm DWF Labs, per Bloomberg, with the firm “eager to further support the ecosystem with additional investment in the near future. ” Part of the tie-in will see DWF Labs become a liquidity provider to support the growth of the TRON blockchain ecosystem. origin »
In a recent speech, Assistant Secretary Graham Steele unveils the transformative potential of retail CBDCs in the digitization of financial services. origin »
Robinhood, a crypto and stocks trading platform, has not escaped the biting crypto winter that has been ravaging the space. In a new announcement, the company has revealed a significant decline in its trading volumes as regulatory pressure mounts on crypto firms. origin »
Key Takeaways Crypto.com this week shut down its institutional exchange in the US, citing a lack of demand The regulatory climate has worsened significantly in the US, meaning crypto is becoming less practical for institutions The macro picture and scandals across the space last year have also contributed, writes our Head of Research, Dan Ashmore […] The post Crypto is losing touch with institutional cash appeared first on CoinJournal. origin »
Moxy. io is working with Stainless Games to integrate Shock Rods, allowing players to earn real rewards while playing. Shock Rods, the popular arena car-battling game, is finally joining Moxy. origin »
The company behind the issue of USDT stablecoin, Tether Holdings, has announced that it will work with a third-party exchange to convert 750 million USDT from Tron to Ethereum ERC20 via a chain swap. origin »
Former SEC official John Reed Stark has highlighted the SEC's aggressive stance and the historical precedence set by its pursuit of such substantial relief from a major financial institution origin »
Chancer’s presale is live and over 22 million CHANCER tokens have quickly sold out, with $214k raised as a new era for the betting industry begins. $CHANCER is priced at $0. 01 during the first presale stage, but will rise to $0. origin »
Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK arm was added to the list on June 13, 2023. It joins other platforms like eToro, Revolut and Moonpay on the FCA list of firms complying with Money Laundering, Terrorist Financing and Transfer of Regulations […] The post Bitstamp registered as a cryptoasset business by UK’s FCA appeared first on CoinJournal. origin »
Binance is pulling out of Cyprus to focus on its larger market in France, Italy, and Spain, according to a June 14 press statement shared with CryptoSlate. The Cyprus Securities and Exchange Commission website confirmed that the exchange was “under examination for application for deregistration. origin »
NFT liquidity has dwindled as lower trading volumes afflict markets. According to figures from Dune, daily trades have fallen significantly in 3 months. The post NFT Liquidity Dries Up, Forcing Marketplaces to Offer More Incentives appeared first on BeInCrypto. origin »
Binance has filed to deregister its business operations in Cyprus The exchange has not provided a reason for the development in its filing with the Cyprus Securities The world's largest crypThe post Binance applies to deregister its crypto asset services in Cyprus appeared first on AMBCrypto. origin »
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