Coinbase stock plunges 20% on SEC lawsuit
[Jun 6, 2023 9:20 AM] The cryptocurrency exchange faces scrutiny from state regulators simultaneous to the SEC litigation.
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Breaking: Coinbase targeted by state security regulators concurrent to SEC lawsuit
[Jun 6, 2023 7:55 AM] The SEC is suing the cryptocurrency exchange for alleged unregistered securities offerings.
SEC’s Binance suit contains heavy mix of predictable charges, novel revelations
[Jun 5, 2023 3:45 PM] The world’s largest crypto exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely.
Blue chip collaterals help stabilize NFT lending: Paraspace
[Jun 5, 2023 1:31 PM] "We only support blue chip NFTs to reduce the risks," said Paraspace developers.
AI-related crypto returns rose up to 41% after ChatGPT launched: Study
[Jun 5, 2023 12:10 PM] Researchers in Germany found that the launch of ChatGPT had a significant impact on AI-related cryptocurrencies, despite an overall bear market.
GameStop NFT back in the spotlight after partnership with Illuvium
[Jun 5, 2023 11:15 AM] The partnership will debut 20,000 nonfungible tokens in its inaugural collection.
SEC sues Binance in US District Court for unregistered securities operations
[Jun 5, 2023 9:42 AM] According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States.
Russia’s Rosbank Launches Crypto Payments Solution for Cross-Border Settlements
[Jun 4, 2023 10:00 PM] Rosbank has become the first large Russian bank to offer clients an option to use cryptocurrencies in international settlements. The solution, provided in tandem with a Russian fintech, is mostly intended to meet the needs of businesses working…
Elliptic to Utilize Chatgpt in Intelligence Gathering
[Jun 4, 2023 12:00 PM] Blockchain analytics company Elliptic said it’s going to use Openai’s Chatgpt to support its intelligence gathering and research. The AI-based language model will allow its experts to speed up and expand the analysis of new risks related to crypto…
Cryptocurrency markets’ low volatility: A curse or an opportunity?
[Jun 4, 2023 7:01 AM] The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just sit and wait?
Dollar-Based Stablecoins to Strengthen Greenback, CZ Says, Thinks DeSantis ‘Is Great’
[Jun 4, 2023 3:30 AM] The regulatory environment in the U.S. doesn’t look good for crypto but the United States has the potential to lead again, according to Binance CEO Changpeng Zhao (CZ). The founder of the world’s largest digital asset exchange is convinced…
Pro-XRP attorney’s phone hacked to promote LAW token
[Jun 4, 2023 2:59 AM] Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP community responded, spreading awareness.
Peter Schiff Twitter Apparently Hacked, Shills Gold Crypto, Son Spencer Warns
[Jun 3, 2023 6:30 AM] The Twitter account of Bitcoin critic Peter Schiff was found advertising a gold-branded token as a result of an apparent hacking. His son, crypto enthusiast Spencer Schiff, warned users in a tweet not to follow the link posted by the unknown…
Uniswap scam alert: Fraudsters impersonate executives and create fake website
[Jun 3, 2023 2:36 AM] Uniswap and its foundation have no association with the scam as efforts are being made to combat it.
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
[Jun 2, 2023 2:25 PM] The top 100 DeFi tokens had a bullish last week of May, with most of the tokens recovering from two weeks of bearish pressure.
Evertas expands crypto insurance offerings to include mining and raises limits
[Jun 2, 2023 1:42 PM] Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage.
Binance market share chopped with the end of zero-fee BTC trading
[Jun 2, 2023 8:40 AM] A Binance spokesperson told Cointelegraph that the company had forecasted the drop after its decision to end its zero-fee Bitcoin trading but that it’s “not a concern.”
US debt ceiling, declining trust in banks send ETH staking to record highs
[Jun 2, 2023 5:57 AM] The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, deterring confidence in USD, the downfall of banks and the high APR offered on the ETH staking.
Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed
[Jun 2, 2023 3:30 AM] Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the…
Coinbase Derivatives Exchange set to roll out BTC and ETH futures
[Jun 2, 2023 1:12 AM] Coinbase Derivatives Exchange’s institutional-sized contracts will be sized at 1 Bitcoin and 10 Ether.
Russian Businesses Ask Putin to Help Legalize Crypto
[Jun 1, 2023 3:30 PM] A body representing the interests of Russian businesses has called on president Putin to help with crypto legalization. Their proposals, including on the use of cryptocurrencies in foreign trade settlements, have been included in a report to…
Money stored on mobile payment apps may not be FDIC insured, US watchdog warns
[Jun 1, 2023 2:30 PM] Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not.
Scientists propose quantum proof-of-work consensus for blockchain
[Jun 1, 2023 2:00 PM] Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain.
Circle to launch ‘official version’ of USDC natively on Arbitrum
[Jun 1, 2023 10:42 AM] USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network.
Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat
[Jun 1, 2023 5:30 AM] A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for…
Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps
[Jun 1, 2023 5:22 AM] At a time when USDT is touching new market cap highs, other stablecoins are struggling to keep their market share.
Crypto.com joins ranks of licensed payment institutions in Singapore
[Jun 1, 2023 2:41 AM] Singapore’s Crypto.com expands its regulatory achievements by securing a license for digital payment token services.
Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao
[May 31, 2023 11:30 PM] Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with…
Tether expands reach in Georgia through investment in CityPay.io
[May 31, 2023 1:30 PM] The partnership seeks to enhance the payment industry in Georgia by introducing heightened efficiency.
EU officials sign Markets in Crypto-Assets framework into law
[May 31, 2023 1:15 PM] First introduced in 2020, MiCA aims to create a consistent regulatory framework for crypto assets among the European Union member states.