Cryptocurrency Market

  • Market Cap: $3,761,481,091,975.84
  • 24h Vol: $375,853,911,611.25
  • BTC Dominance: 52.87%

Securities

sec-appeals-ripple-case,-citing-errors-in-final-judgment

SEC Appeals Ripple Case, Citing Errors in Final Judgment

The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges Ripple Labs Ruling in U.S. Court of Appeals On […]

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etoro-restricts-us-crypto-trading-to-3-cryptocurrencies-following-sec-$1.5m-fine

Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine

Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to bitcoin, bitcoin cash, and ether, with a 180-day window to sell other crypto assets. If certain

Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine Read More »

court-dismisses-sec-claim-on-secondary-sales-of-bnb

Court Dismisses SEC Claim on Secondary Sales of BNB

The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission (SEC)’s case against Binance and its affiliates. This includes allegations related to secondary BNB sales and the sale of the stablecoin BUSD. However, the majority of the claims against the crypto exchange will proceed. Some

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hong-kong-judge-rules-crypto-assets-as-‘property,’-following-similar-rulings-worldwide

Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide

In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto

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sec-commissioner-hester-peirce-states-proposed-amendments-to-definition-of-‘exchange’-render-innovation-‘kaput’

SEC Commissioner Hester Peirce States Proposed Amendments to Definition of ‘Exchange’ Render Innovation ‘Kaput’

Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has issued her opinion on the recent attempts of the institution to change the definition of “exchange” under the Exchange Act Rule. According to Peirce, the institution is now expanding its reach to solve “problems that do not exist,” stifling innovation in the

SEC Commissioner Hester Peirce States Proposed Amendments to Definition of ‘Exchange’ Render Innovation ‘Kaput’ Read More »

‘dr.-doom’-nouriel-roubini-warns-of-looming-banking-crisis-and-trilemma-for-central-banks

‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks

Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known

‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks Read More »

former-ftx-ceo-seeks-$10m-insurance-fund-for-legal-defense,-request-opposed-by-ftx-debtors-and-unsecured-creditors

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors Read More »

first-citizens-bank-acquires-silicon-valley-bank,-costing-fdic-deposit-insurance-fund-an-estimated-$20b

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B Read More »

terraform-labs-ceo-do-kwon-faces-extradition-to-south-korea

Terraform Labs CEO Do Kwon Faces Extradition to South Korea

According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea. Montenegro Police’s Account of the Falsified Travel Documents Found

Terraform Labs CEO Do Kwon Faces Extradition to South Korea Read More »

sec-sues-tron-founder-justin-sun-for-market-manipulation-and-offering-unregistered-securities

SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities

The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the organization for promoting tron without disclosing that they were being compensated for their endorsements. Tron

SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities Read More »