Another high-ranking US Securities and Exchange Commission (SEC) officer has announced their impending resignation, drastically altering the trajectory of the agency. A statement made on November 22nd states that SEC Commissioner Jaime Lizárraga would resign on January 17th, which is less than three years after taking the oath of office.
6 hours ago 2 mins read
Market excitement was sparked by Senator Cynthia Lummis’ recent statement that increasing Bitcoin holdings might contribute to halving the US debt in 20 years. Notably, Lummis has been an outspoken advocate for Bitcoin, which has recently drawn a lot of interest from players in the cryptocurrency market. Despite this, the
11 hours ago 2 mins read
SEC Chair Gary Gensler will be resigning from his post next year, according to the US Securities and Exchange Commission (SEC). Gensler has been under pressure to step down ever since Donald Trump was elected president of the United States. Gary Gensler’s departure from the US SEC is scheduled for
November 22, 2024 2 mins read
Hyve, a Symbiotic-secured high-throughput middleware data availability protocol, is excited to announce a strategic partnership with Lido, the industry-leading liquid staking protocol for Ethereum, to create X Committee, HyveDA’s next permissionless, Ethereum-aligned DAC. Through the staked ETH underpinning validators, HyveDA will be able to expand Ethereum’s security by listing Lido’s wstETH
November 21, 2024 3 mins read
This past Wednesday, the crypto wallet platform Phantom hit an all-time high ranking in the iOS app store. For the first time ever, Phantom cracked the top ten of the best free iPhone applications, coming in at number nine. It lagged behind the short-form video app TikTok, which took eighth
November 21, 2024 2 mins read
The trading platforms fraud case against Gary Wang, a former senior executive of the now-defunct FTX exchange, will not result in a prison sentence. Judge Lewis Kaplan of the United States District Court issued an unusually lenient ruling in Manhattan Federal Court. Wang had already entered a guilty plea for
November 21, 2024 2 mins read
Author Robert Kiyosaki of the best-selling “Rich Dad Poor Dad” book has given his stamp of approval to MicroStrategy cofounder Michael Saylor’s $13 million Bitcoin forecast. In his opinion, Saylor is correct. According to Kiyosaki’s latest social media post, Saylor is quite smart. The price of Bitcoin hit $94,040 on
November 20, 2024 2 mins read
With a total supply of almost $176.2 billion, stablecoins are at an all-time high. Token Terminal data shows that stablecoin supply has been rising again after a dip in the middle of 2022 and the beginning of 2023. When it probably reflected wider market retracements during the crypto winter. There
November 19, 2024 2 mins read
An announcement was made on Tuesday stating that Gemini, the cryptocurrency exchange established by the Winklevoss twins in the United States, is beginning operations in France. As the extensive Markets in Crypto-Assets regulation starts to transform the interaction between the trading bloc and the crypto sector, this step signifies the
November 19, 2024 2 mins read
South Korean authorities in the city of Paju, in the province of Gyeonggi, have stated their intention to liquidate cryptocurrency assets owned by residents who have failed to pay their taxes. Officials in Paju reportedly notified 17 individuals on November 18. That they owed 124 million Korean won (about $88,600)
November 18, 2024 1 min read