Cryptocurrency Market

  • Market Cap: $2,209,261,995,640.06
  • 24h Vol: $108,236,067,130.51
  • BTC Dominance: 55.99%

SEC

sec-chairman-explains-why-he-views-all-crypto-tokens-other-than-bitcoin-as-securities

SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.” SEC Chair Believes All Crypto Tokens Other Than Bitcoin Are Securities The chairman of […]

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coinbase-to-suspend-trading-of-busd-amid-regulatory-crackdown

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown

Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that

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5-high-profile-cryptocurrency-implosions-shatter-trust,-wipe-out-billions-in-value-during-2022’s-crypto-winter

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also eroded trust. The following is a look at

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter Read More »

citizens-trust-bank-to-hold-$65-million-in-usdc-reserves-as-circle-expands-bank-partnerships

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves to minority-owned depository institutions (MDIs) and community banks across the United

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developers-propose-cross-chain-bridge-for-xrpl-network-to-enhance-blockchain-interoperability

Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability

Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev Proposes XRPL Cross-Chain Bridge

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us-federal-trade-commission-investigates-marketing-schemes-of-crypto-firm-voyager

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager

According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has objected to Binance US purchasing Voyager’s assets. FTC’s Objection to Voyager’s Proposed Sale Plan Could Impact Bankruptcy

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sec-clampdown-has-crypto-space-abuzz,-pantera-capital-says-we’re-in-bull-market,-and-much-more-—-week-in-review

SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review

There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary Gensler’s organization. In other news, South Sudan

SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review Read More »

custodia-ceo-slams-us-government-over-broad-crackdown,-lack-of-regulatory-clarity-in-crypto-industry

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed Custodia’s unsuccessful application to become a member of the Federal Reserve System,

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binance-expects-to-pay-fines-to-settle-with-us-regulators-for-past-conduct:-report

Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report

Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the company was unfamiliar with the rules it needed to comply with in the U.S., the executive explained. Binance Plans to Settle With

Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report Read More »

nba-hall-of-famer-paul-pierce-charged-by-sec-for-touting-emax-tokens

NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens

The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million. SEC Chair Gary Gensler Wants to Remind Celebrities of Disclosure Laws

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