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Search Results for: sec

SEC’s Sealed Submission Request in Binance Lawsuit Raises Concerns

A move to submit court papers under secrecy has been filed on behalf of the U.S SEC in its civil lawsuit against Binance. More than 35 documents, a statement from Jennifer Farer (a trial attorney for the SEC), and a proposed order were all included in the request. The SEC

August 30, 2023 2 mins read

Cathedra Bitcoin Announces Second Quarter 2023 Financial Results

TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 805,355) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQB: CBTTF) (“Cathedra,” the “Company,” or “we”), is pleased to announce the results of our operations for the second quarter and six months ended June 30, 2023 (“Q2 2023”). Second Quarter 2023 Financial Highlights Our mining operations produced 77.15

August 30, 2023 6 mins read

Crypto Market Rallies on Grayscale’s Victory Against U.S SEC

Grayscale prevailed against the U.S SEC in a historic ruling over the conversion of the Grayscale Bitcoin Trust to a spot Bitcoin ETF in a lawsuit. The Grayscale legal win might be a crucial step toward getting the first ever spot Bitcoin ETF authorized in the United States, especially in

August 29, 2023 1 min read

SEC Charges Creator for Unregistered NFT Sales Amidst Market Struggle

The number of people involved in NFT trading has dropped to a level not seen in last two years. In April of 2022, the NFT market had $480,738,395 in volume. However, the weekly volume has decreased to a meagre $10,054,152 as of the end of August 2023. Moreover, in recent

August 29, 2023 2 mins read

Hong Kong Finance Secretary Banks on Blockchain and Web3

Paul Chan Mo-po, the finance secretary of Hong Kong, has stated his continued belief in blockchain technology, which he predicts will usher in a period of remarkable growth for the digital technology sector. Chan predicted that new forms of Web3-based entertainment will dominate the next generation of digital media in

August 28, 2023 1 min read

Insolvent Vauld Secures Court Approval for Board Restructuring

Singaporean cryptocurrency lender Vauld, which has been going through bankruptcy proceedings since August 2022, recently announced that it has been granted permission to reorganize its board. The restructuring of the corporation will be overseen by the new management. Vauld’s co-founder Darshan Bathija announced on Twitter on August 24 that the

August 26, 2023 1 min read

Hashdex Files Spot Bitcoin ETF Application With the U.S SEC

Hashdex, a cryptocurrency asset manager, has joined the U.S. spot Bitcoin ETF contest. A proposal to include spot Bitcoin in the Bitcoin futures ETF was submitted to the U.S. SEC by the crypto asset manager. Surprisingly, Hashdex will not use the Coinbase surveillance sharing agreement like other recently filed Bitcoin ETFs,

August 26, 2023 1 min read

Cloud Security Alliance Survey Finds Complexity of Multi-Cloud Environments Driving Use of Cloud Native Application Protection Platforms

Platforms have emerged as critical security tool due to their ability to consolidate the capabilities of many security tools currently deployed by organizations SEATTLE–(BUSINESS WIRE)–#CNAPP–The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today

August 24, 2023 5 mins read

Cardano’s Charles Hoskinson Believes ADA Won’t Face SEC Action

Charles Hoskinson, founder of Cardano, is certain that the U.S. SEC would not go after ADA, the project’s native token. In a recent video interview, Hoskinson said that despite ADA being cited as a security in a lawsuit against a cryptocurrency exchange, no regulatory action has been taken against the

August 24, 2023 1 min read

Breaking: Tron Emerges as Second Largest Blockchain

Tron network has experienced significant development this year, surging to become the second-largest blockchain in terms of Total Value Locked (TVL). TVL represents the total amount of cryptocurrency assets locked within decentralized finance (DeFi) protocols and platforms on a specific blockchain. According to the data from DefiLlama, TRON’s TVL has

August 23, 2023 1 min read