SEC Vs Crypto Industry It is a one more turbulent year for the cryptocurrency industry after the U.S Securities and Exchange Commission (SEC) sued crypto titans such as Binance and Coinbase. The SEC lawsuit related to securities violations, including the unregistered offers and sales of the respective tokens. These legal
Fableborne advances the web3 gaming space through social play, UGC, live events, and tradable in-game assets LONDON–(BUSINESS WIRE)–Pixion Games, an innovative gaming studio headed by industry veterans, today announced that it has successfully closed $5.5 million in new investment as an extension of the Company’s seed round. The funds raised
In the ever-evolving landscape of cryptocurrency, the emergence of stablecoins creates waves, offering a refuge for investors in the tumultuous seas of digital finance. Buoyed by robust reserves and promising stability in a volatile market, these digital tokens have rapidly become a preferred asset. Moreover, leading banking institutions and federal
OKX’s implementation of the BRC-20 token standard has passed a security assessment conducted by CertiK, the industry leader in blockchain security. This is a crucial step towards adding Ordinals to the Bitcoin blockchain. And a turning point for the cryptocurrency and blockchain industries. CertiK and @okx have joined forces to
ZUG, Switzerland–(BUSINESS WIRE)–Tezos, a pioneering blockchain for Proof-of-Stake consensus and on-chain governance, has activated its fourteenth core protocol upgrade: Nairobi. The Nairobi upgrade will make it faster and easier to run applications on the Tezos blockchain by introducing several updates and improvements to the Tezos protocol. These include enhancements to
In recent years, Indian crypto exchanges increased in numbers while playing crucial roles in bolstering the adoption of cryptocurrencies. Significantly, India is one of the prominent countries for the crypto industry as it has vast users who emerged in the sector. Crypto adoption across the nation has been attributed to
European Central Bank (ECB) executive board member Fabio Panetta has cast a gloomy future for crypto, linking it with gambling among traders. The official said that crypto assets should be regulated as a kind of gambling due to their “highly volatile” character. In prepared comments for a panel discussion at
Binance and Coinbase, the leading cryptocurrency exchanges, are facing increased regulatory pressure as the US Securities and Exchange Commission (SEC) cracks down on them. Just recently, the SEC filed a lawsuit against these global cryptocurrency giants. SEC’s filings against Binance and Coinbase shake emerging ecosystem tokens SOL and MATIC. Market
For the time being, Insolvent crypto lender BlockFi will be able to put off paying a $30 million penalty to the U.S. Securities and Exchange Commission. A $50 million settlement with the regulator was reached in February of 2022, and this is the remaining balance. Court documents filed on June
The U.S. Securities and Exchange Commission has approved the first leveraged Bitcoin futures exchange-traded fund (ETF). Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) becomes the first leveraged crypto ETF to get approved in the United States. On June 23, Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) received approval from the
