[Dec 12, 2023 8:08 PM] The suit was served via an alternate method, as process servers were unsuccessful in contacting Richard Heart in person for months.
[Dec 11, 2023 9:30 PM] The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that the newly unsealed Department of Justice (DOJ) filing should “signal the end of Binance.” Additionally, he noted that the SEC has…
[Dec 11, 2023 9:00 PM] Earlier today, Bitcoin (BTC) flash crashed to as low as $40,400 before rebounding to spot levels. This sudden drop triggered what Mike Alfred, a crypto value investor, said was a “textbook washout” necessary to liquidate speculators…
[Dec 11, 2023 4:00 PM] Galaxy Digital Chief Executive Officer Mike Novogratz has shared his recent optimistic view on XRP, its army, and Ripple, asserting that he was wrong about his earlier skepticism towards them. Related Reading: Analyst Places XRP As The Top Coin For…
[Dec 11, 2023 2:00 AM] Presidential candidate Vivek Ramaswamy heavily criticized the lack of action of the U.S. Securities and Exchange Commission (SEC) and its chair, Gary Gensler, on the fraud cases in the crypto industry. Ramaswamy stated that regulations needed to…
[Dec 10, 2023 8:30 PM] Financial services giant Fidelity recently met with the U.S. Securities and Exchange Commission (SEC) regarding its spot bitcoin exchange-traded fund (ETF) application. Like Blackrock, the world’s largest asset manager, Fidelity appears to be…
[Dec 9, 2023 3:17 PM] Binance’s new compliance obligations include cooperation to grant U.S. authorities access to all documents, records and resources upon request.
[Dec 8, 2023 7:00 PM] There is a spike in crypto on-chain activity if transaction fees lead. According to IntoTheBlock data on December 8, Bitcoin transaction fees are up by over 60%, while “gas” in Ethereum has climbed by nearly 50% in the past week. …
[Dec 7, 2023 12:02 PM] In November, the commission separately met with representatives of BlackRock and Grayscale to discuss their spot crypto exchange-traded funds.
[Dec 7, 2023 9:00 AM] Richard Teng, the Chief Executive Officer (CEO) of the world’s largest crypto exchange Binance challenged JPMorgan Chase’s CEO Jamie Dimon’s stance on cryptocurrencies. Binance CEO Disagrees With Jamie Dimon The Binance CEO recently…
[Dec 6, 2023 10:30 PM] A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,”…
[Dec 6, 2023 8:30 PM] A bill has been introduced in the U.S. state of New Jersey to classify all cryptocurrencies issued and sold directly to institutional investors as securities. In contrast, the U.S. Securities and Exchange Commission (SEC) has previously stated that…
[Dec 6, 2023 6:30 PM] Blackrock, the world’s largest asset manager, has warned in its latest spot bitcoin exchange-traded fund (ETF) filing update of the potential for bitcoin to be classified as a security by the U.S. Securities and Exchange Commission (SEC)…
[Dec 6, 2023 4:00 PM] According to @RiggsBTC on X, Bitcoin (BTC) is poised for an “unprecedented” surge that could lift it to above $9 million in the next two years. Taking to X on December 6, @RiggsBTC asserted that the current Bitcoin bull run, which began…
[Dec 6, 2023 4:00 AM] On November 21, 2023, the Commodity Futures Trading Commission (CFTC), the Department of Treasury’s Finance Crimes Enforcement Network (FinCEN), its Office of Foreign Assets Control (OFAC), and the Department of Justice (DOJ) all settled charges…
[Dec 6, 2023 2:35 AM] The journey towards the approval of an Ethereum ETF in the United States has seen a new development yesterday as the US Securities and Exchange Commission (SEC) has announced a delay in the decision for Grayscale’s Ethereum trust conversion…
[Dec 5, 2023 11:30 PM] The United States District Court for the District of Utah has expressed concerns that the U.S. Securities and Exchange Commission (SEC) is making “materially false and misleading representations” in its lawsuit against a crypto firm…
[Dec 5, 2023 7:30 PM] The U.S. Securities and Exchange Commission’s former head of internet enforcement believes that there are two reasons why crypto prices are up. The first concerns regulatory oversight of the cryptocurrency industry, while the second revolves…
[Dec 5, 2023 5:30 PM] Blackrock, the world’s largest asset manager, and Bitwise have filed an amendment to their spot bitcoin exchange-traded fund (ETF) applications with the U.S. Securities and Exchange Commission (SEC). The SEC has held meetings with exchanges and…
[Dec 5, 2023 3:00 PM] Crypto investor Ryan Sean Adams argued on December 4 that Ethereum’s (ETH) current valuation of around $2,200 is almost “hilarious” given the strengthening on-chain activity and the blockchain’s role in the sphere. Venture…
[Dec 5, 2023 2:38 PM] The commission said it will have until January 2024 to reach a decision on the spot Ethereum investment vehicle, or institute proceedings to extend the deadline again.
[Dec 5, 2023 9:37 AM] According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.”
[Dec 4, 2023 9:30 PM] The CEO of Franklin Templeton, a $1.33 trillion asset manager, says there’s “obviously” a demand for bitcoin, noting that a spot bitcoin exchange-traded fund (ETF) is “a better way” to access the cryptocurrency. The executive added…
[Dec 4, 2023 4:00 PM] As institutional interest in Bitcoin grows, Fidelity and BlackRock’s proposed spot Bitcoin Exchange-Traded Fund (ETF) faces an unexpected hurdle: the crypto market’s unwillingness to let go of the coin at bargain prices. Bitcoin To…
[Dec 4, 2023 2:00 PM] Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared.
[Dec 4, 2023 7:12 AM] The U.S. District judge's partial ruling against SEC and in favor of Ripple and XRP could create a precedent the crypto industry can come back to over and over.
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