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Search Results for: sec

Ripple Aims to Resolve SEC Lawsuit by June, Shaping Crypto Regulations

Blockchain-based payment protocol Ripple has recently announced its intentions to seek a resolution for the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) by June. This legal battle between Ripple and the SEC has garnered significant attention within the cryptocurrency community, as its outcome could have far-reaching implications

June 1, 2023 2 mins read

Countering China’s Economic Threat to Protect National Security

Recent deliberations of the panel on finance, accommodation, and urban affairs focused on combating China. Initiatives aimed at bolstering American national defense, the economy, and diplomatic relations were included in this category.  According to reports, the discussion was headed by Chairman Sherrod Brown and Ranking Member Tim Scott. They discussed

June 1, 2023 2 mins read

BabyDoge Gets Into Next Level of Advancement Ensuring User Security

The well-known cryptocurrency BabyDoge is getting ready to introduce its eagerly anticipated multi-chain token locker. However, this is an important advancement meant to increase accessibility and convenience for users. The future token locker will enable users to safely lock their tokens and support a number of blockchain networks, including Binance

May 31, 2023 2 mins read

SEC Fines Coinbase’s Former Product Manager for Insider Trading

In a significant development in cryptocurrency, former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, have agreed to settle insider trading charges. The Securities and Exchange Commission (SEC) accused the brothers of engaging in a scheme to trade ahead of multiple announcements related to at least nine crypto

May 31, 2023 2 mins read

MetaZone Secures Funding to Expand the World’s First Tokenized App Platform for the Metaverse

Singapore, Singapore, May 30th, 2023, Chainwire MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT Digital, to expand their tokenized app platform pioneering the META, (Metaverse Enabled Tokenized Application). Top web3 funds Tess Ventures, IOSG Ventures,IVC (Infinity Ventures Crypto), Polygon

May 30, 2023 4 mins read

SecuX and Trend Micro Collaborate to Launch Cold Wallet

First to Integrate Trend Micro ChainSafer Blockchain Reputation Service, SecuX W20 offers comprehensive security solution from Web2 to Web3 TAIPEI, Taiwan–(BUSINESS WIRE)–$secux #Bitcoin—SecuX, a blockchain security and cryptocurrency hardware wallet company, has announced its collaboration with Trend Micro (TYO: 4704; TSE: 4704), a global cybersecurity leader, launching W20 Trend Micro

May 30, 2023 5 mins read

Bybit Secures Preliminary Approval in Kazakhstan as a Crypto Custody KaService Provider

Bybit, a prominent cryptocurrency exchange, has achieved a significant milestone in its global expansion strategy by receiving preliminary approval from regulatory authorities in Kazakhstan. Moreover, this approval positions Bybit as a trusted cryptocurrency custody service provider, further bolstering the acceptance and adoption of cryptocurrencies within Central Asia. Kazakhstan has emerged

May 29, 2023 2 mins read

Gemini Urges Court To Dismiss SEC Lawsuit Over Its Earn Product

The U.S. Securities and Exchange Commission (SEC) filed a complaint against cryptocurrency exchange Gemini and insolvent lender Genesis on May 26 saying that the earn product constitutes the selling of unregistered securities. Gemini maintained that its Earn product, which paid consumers to lend out coins, was not a security. Genesis

May 27, 2023 2 mins read

Bitcoin Secures Second-Largest NFT Blockchain Rank Amid Ordinals Craze

Since Counterparty’s Rare Pepes and operation code Easter eggs, the newest iteration of NFTs on Bitcoin, Ordinals, has sprung onto the scene. Bitcoin is now the world’s second most popular blockchain for NFTs, behind Ethereum which is still the most popular blockchain overall. Ethereum has handled $390 million in on-chain

May 27, 2023 1 min read