A request for greater oversight of crypto validators and stablecoin users has been made by Senator Elizabeth Warren in an effort to reduce illegal trade on a worldwide scale. Warren brought attention to the fact that cryptocurrency companies need to adhere to the same Anti-Money Laundering (AML) rules as more
In the ever-evolving landscape of decentralized finance (DeFi), innovation is the driving force behind transformative change. Amidst this landscape, Kelp (KELP) emerges as a beacon of promise—a project committed to ushering in a new era of DeFi characterized by security, scalability, and user-centric innovation. With its low market cap and
In light of the recent uptick in activity on the dYdX decentralized crypto exchange (DEX), the community has decided to stake 20 million DYDX tokens in an effort to beef up security. Staking tokens from the community treasury, which are now worth over $61 million at current prices, using the
A major win in an ongoing trial has been made by crypto exchange Coinbase. Confirming that Coinbase’s platform does not violate the Securities Exchange Act, the U.S. Court of Appeals for the Second Circuit ruled in favor of the exchange. Many individuals throughout the country who used Coinbase to trade
In the ever-evolving landscape of cryptocurrency, attention is turning to Hump (HUMP) as it continues to outshine its competitors on Solana, marking its third consecutive day of impressive gains. As Dogwifhat (WIF) and Cat in a Dogs World (MEW) experience dips in their prices, Hump’s upward trajectory is catching the
IVEX is thrilled to unveil an unprecedented advancement in the financial realm by introducing a platform that innovatively links traditional fiat currencies and the dynamic universe of cryptocurrency. By merging the sophistication of conventional finance with state-of-the-art blockchain technology, IVEX has engineered a platform that introduces a plethora of new
Victoria, Seychelles, April 4th, 2024, Chainwire Bitget, the world’s leading crypto exchange and Web3 company, has announced a partnership with Cactus Custody, a subsidiary of Matrixport, to offer Oasis fund custody services and off-exchange settlement services. In a strategic move to better address institutional clients’ needs for secure management of
There are a number of potential spot Ethereum ETF applications that the U.S Securities and Exchange Commission (SEC) has opened for public comment. Its primary emphasis is on exchange-traded funds (ETFs), particularly the Grayscale Ethereum Trust, Bitwise Ethereum Fund, and Fidelity Ethereum Fund. Additionally, the SEC has made note of
Enforcement Chief of the U.S Securities and Exchange Commission (SEC), Gurbir Grewal, took aim at the cryptocurrency sector, highlighting their reluctance to comply with regulations and their desire to skirt them. Grewal stressed the SEC’s dedication to adapting current securities rules to the evolving digital asset world while speaking at
Practicing Law Institute’s “SEC Speaks” event featured U.S SEC Commissioner Hester Peirce, who criticized the agency’s regulatory stance on the cryptocurrency sector, with an emphasis on Staff Accounting Bulletin 121 (SAB 121). Peirce, who is well-known for her dissenting opinions within the Commission, brought attention to the difficulties caused by
