Search Results for: market

Republic Unveils Self-Custodial Multi-Chain Wallet for 3M+ Community

Blockchain Guru Emin Gün Sirer Unveils Testimony: Crucial Insights on Digital Assets

Renowned blockchain expert Emin Gün Sirer has released his written testimony before the highly anticipated House Financial Services Committee hearing. In his testimony, Sirer uncovers the pivotal matters involving blockchains and digital assets while addressing the associated regulatory difficulties. My written testimony for the House Financial Services Committee hearing on

June 13, 2023 3 mins read

Polygon NFTs Now in Kraken NFTs With Reddit Collectibles Avatars

Following the announcement of Kraken launching in the world of NFT, Polygon NFTs are made available on Kraken NFT, the marketplace to buy, sell and trade all NFTs (Non-Fungible Tokens). ✨ Polygon lands on #KrakenNFT — trade Reddit Collectible Avatars today! ✔️ Browse & trade 250+ collections ✔️ Zero on-platform

June 13, 2023 1 min read

Tether Bolsters Reserves with $1B Issuance on Ethereum Blockchain

Tether, the prominent stablecoin issuer, has recently completed its second $1 billion issuance within two months, bringing the total amount issued in 2023 to over $16 billion. The transaction occurred on June 12, utilizing the Ethereum blockchain. Paolo Ardoino, Tether’s Chief Technology Officer (CTO), took to Twitter to clarify that

June 13, 2023 2 mins read

SEC Chair Gensler Under Fire for Unclear Digital Asset Rules

US Congressman Proposes Legislation to Remove SEC Chair, Gary Gensler

In a recent development that has sent shockwaves through the financial and political sectors, a US Congressman introduced legislation calling for removing Securities and Exchange Commission (SEC) Chair Gary Gensler. The move has ignited a heated debate among lawmakers, industry professionals, and the public at large. 🚨 NEWS – Today

June 12, 2023 2 mins read

BOCI Becomes China’s First Bank to Issue Tokenized Securities

BOCI, a Chinese bank, has issued CNH 200 million in digitally structured notes. BOCI has issued the country’s first tokenized security on the Ethereum blockchain. Moreover, it has become the first bank in China to issue tokenized securities. According to the report, the new security was implemented through the collaboration

June 12, 2023 2 mins read

Kevin O’Leary Criticizes Coinbase CEO for Going Against SEC

Kevin O’Leary, a star of “Shark Tank” and stakeholder in FTX, has said that he would dismiss Coinbase CEO Brian Armstrong in light of the recent crackdown by the US Securities and Exchange Commission. For “butting heads” with the US SEC, O’Leary had harsh words for Armstrong. Coinbase CEO Brian

June 12, 2023 2 mins read

Gary Gensler’s Remarkable Points on Crypto Securities Laws

Gary Gensler, the chairperson of the United States Securities and Exchange Commission (U.S. SEC) remarked in the speech shared last Thursday, in Washington D.C. Now, Gensler has portrayed the needed protection in the crypto market as per the securities laws. There's nothing about the crypto securities markets that suggests that

June 12, 2023 2 mins read

Crypto Exchange Swyftx Announces Listing of ShibaSwap (BONE)

On Monday, Swyftx, a cryptocurrency exchange based in Australia and New Zealand, announced that it will be listing the Bone ShibaSwap (BONE) token. The Shiba Inu ecosystem uses BONE, a token built on the Shibarium Layer-2 blockchain, as its governance and gas token. BONE’s (BONE) 3% decrease in trading volume

June 12, 2023 1 min read

Shiba Inu (SHIB) Price Plummet Leaves Investors Reeling: What’s the Next Step?

The Shiba Inu token (SHIB), previously hailed as the “Dogecoin Killer,” is currently facing challenges as the cryptocurrency market contends with regulatory scrutiny. SHIB has experienced a decline of approximately 20% in its value, resulting in a price level of $0.000006 and diminishing its profitability to a modest 7%. Consequently,

June 12, 2023 1 min read

DeFi Protocol Sturdy Finance Loses $800k in Recent Exploit

The Sturdy Finance DeFi protocol lost 442 ETH, or over $800,000 at the time of writing, due to a hack. An intruder drained funds from the protocol by exploiting a vulnerability that allowed them to manipulate a flawed pricing oracle. PeckShield, a blockchain security company, notified Sturdy Finance on June

June 12, 2023 2 mins read