After more than six weeks of sideways trading, cryptocurrency analysts and investors are keenly observing the movements in the crypto market. One token of special interest from holders is Binance Coin (BNB), especially after the United States Securities and Exchange Commission (SEC) called it a security. On the other hand,
Sebastien Borget, co-founder and Chief Operating Officer of The Sandbox, addressed the effect of its SAND token possibly violating U.S. securities laws in response to the sensational lawsuits brought against two top crypto exchanges this week. This week, the United States Securities and Exchange Commission (SEC) increased crypto enforcement. Thus,
Circle Internet Singapore, Circle’s subsidiary in Singapore, has been granted an MPI license by the Monetary Authority of Singapore (MAS). Circle Singapore launched its office in May after receiving in-principle MPI permission from MAS in November last year. Circle, the fintech company behind the USDC and Euro Coin (EUROC) stablecoins,
Aave’s recent posting of its ARFC (Aave Request for Comments) proposal on the governance forum is a major step forward for decentralized finance (DeFi). GHO, a native stablecoin, is proposed in this white paper for use on the Ethereum mainnet. Moreover, this user-focused effort allows anyone to mint GHO tokens
The US Securities and Exchange Commission’s (SEC) charges against high-profile companies such as Binance and Coinbase sent shockwaves through the cryptocurrency sector and left it surrounded by uncertainty. In addition, the leading cryptocurrency Cardano (ADA) has become a new victim in the SEC’s continuing hunt. In the lawsuit, the SEC
In a shocking turn of events, SEC Chair Gary Gensler faces accusations of a potential dual role involving his relationship with Binance. Lawyers representing Binance and its founder Changpeng Zhao have alleged that Gensler, currently taking strong actions against the crypto world had offered to serve as an advisor to
In the current distressing scenario in the cryptocurrency market, one metric continues to command the attention of analysts and crypto enthusiasts alike — the number of active addresses. It’s an unmissable signal of increasing mainstream adoption. Simply put, active addresses represent unique wallets engaged in transactions on a blockchain network
In the hustle and bustle of global finance, recent events are setting new precedents. Interestingly, cryptocurrencies are once again rising, this time notwithstanding legal complications. They are bouncing back and positively impacting the stock market, leaving investors astounded and economists intrigued. The Key Reason Behind this Recent Surge Essentially, the
The European Union (EU) is in terms to elongate the course of building newer frameworks with better performance for blockchain developers, reports the officials in the EU. Concurrently, this is followed by the major exchanges like Coinbase and Binance being sued by U.S. Securities and Exchange Commission (SEC) in the
In the last 24 hours, the cryptocurrency market has witnessed positive and negative developments. One significant event that sent shockwaves throughout the market this week was the Securities Exchange Commission (SEC) taking legal action against Binance, the leading cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ). However, certain cryptocurrencies have
