SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results
The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year…
Bearish Signal: Bitcoin Miners Dump 7,700 BTC In One Week
Bitcoin miners are usually some of the longest holders of BTC but that is usually when the bull market is in full swing and they do not have to worry about cash flow. Currently, the cash flow on bitcoin miners has plummeted and as the price of the…
FTX’s Collapse Reveals Deeper Questions About Bitcoin Adoption Versus Speculation
The exchange’s collapse will change the motivations for bitcoin adoption and re-orient educational routes.This is an opinion editorial by Brooks Lockett, a freelance writer and Bitcoiner who fell down the rabbit hole in 2018.I long for the day when…
Tether says it has no exposure to Genesis Global or Gemini Earn
The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency.
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS…
US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse
The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick McHenry. Furthermore, a congressional hearing is…
Polygon Continues To Build Despite Market Turbulence; Here Are Levels To Watch
MATIC’s price fails to hold amidst market turmoil as the price falls back to its key support zone with a range-bound movement. MATIC’s price continues to show strength after a bearish downtrend with the market’s current state…
The collapse of FTX teaches valuable lessons, alongside the certainly negative aspects of contagion spreading in the industry.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the…
This Firm Offers 8 To 12 Cents On A Dollar Of FTX User Deposit Claims
The FTX crisis has escalated into a legal battle between bankrupt crypto exchanges and firms whose assets are stuck on its platform. Before FTX froze assets withdrawal, many crypto firms couldn’t recover their funds from the exchange. As a…
XRP Whale Withdraws Massive $135M From Binance, Bullish Signal?
Data shows an XRP whale has made a massive withdrawal of $134 million from Binance, something that could prove to be bullish for the price of the crypto. Whale Transfers $135 Million In XRP Out Of Crypto Exchange Binance As per data from the crypto…
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators…
Tom Brady, Gisele Bundchen And Sam Bankman-Fried Sued Over FTX Collapse
Per a report from the Washington Examiner, NFL Legend Tom Brady and others are facing a class action lawsuit from FTX investors. The football player is one of the many celebrity ambassadors who vouched for the crypto exchange platform. Earlier…
Crypto skeptic Brad Sherman: federal financial regulators 'sound like Sam Bankman-Fried'
The U.S. lawmaker suggested four financial regulatory heads had done little to address “crypto billionaire bros” using digital assets for the evasion of sanctions and taxes.
Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit
Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O’Neal have been named in a class-action lawsuit involving the alleged engagement in deceptive practices with FTX…
Built On Bitcoin’s Lightning Network, BLIP Wants To Make Your Chats Unstoppable
The new BLIP app promises secure and private communication leveraging Bitcoin’s Lightning Network and a novel encryption method, Hexum.A new Bitcoin-based encrypted chat platform has been announced at the Adopting Bitcoin conference, BLIP.The new…
SHIB, XRP Show Strength As Crypto Market Begins Recovery
Shiba Inu (SHIB) and XRP have shown strength in the present recovery in the market. The crypto market decline had been triggered by the FTX collapse, and even now, the negative effects are still being felt all across the space. However, it has also…
Biggest Movers: BCH Climbs to 1-Week High, DOT Declines
Bitcoin cash rose to a one-week high in today’s session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions…
Why Ethereum Top Whales Are Accumulating ETH In ‘Abnormal’ Way
Following FTX’s demise, Ethereum and the whole cryptocurrency industry in general experienced one of its most challenging periods. Because of this, the value of ETH, a significant alternative currency, has plummeted by over 36% in the last…
Michael Saylor Is The Bitcoin Twitter Personality Of The Year: Survey
Bitcoin Magazine’s first annual survey also found that Bitcoiners value BTC-related policy over party in politics.Bitcoin users place a higher importance on a politician’s BTC-related policies and agenda than their party, a survey by Bitcoin…
Binance Coin Shows Weakness As Price Sits On Key Support; Is $200 Possible?
BNB’s price fails to hold amidst market turmoil as the price falls back to its key support zone with a range-bound movement. BNB’s price continues to show strength after a bearish downtrend with the market’s current state, as…
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