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SEC's Impact on the Cryptocurrency Market: A Close Look at Binance.US
September 19, 2023
The Securities and Exchange Commission (SEC) has been keeping a tight watch on the cryptocurrency industry, initiating enforcement actions against several companies involved in initial coin offerings (ICOs) that they …
Read moreVenture Capital Firm Blockchain Capital Secures $580M for Two New Crypto Investment Funds
September 19, 2023
Blockchain Capital, a pioneering crypto venture capital firm, has successfully raised a staggering $580 million to bolster its investment capabilities. The expansion comprises two funds: one sizable early-stage and one …
Read moreStoner Cats NFT Trading Restricted on Major Marketplaces
September 19, 2023
The trading of Stoner Cats, a cartoon NFT collection conceptualized by actress Mila Kunis, has been restricted on multiple non-fungible token (NFT) marketplaces following recent events and SEC involvement. OpenSea, …
Read moreBitcoin Micro Investors Surge to All-Time High, LTH-SOPR Metric and Open Interest Increase
September 19, 2023
It's been a noteworthy period for the Bitcoin market as various indicators reveal significant shifts in investor activity. One discernible trend shows that bitcoin addresses holding 0.01 or less have …
Read moreNew York Upscales Crypto Regulatory Standards
September 19, 2023
In an attempt to safeguard its market integrity and consumer rights, The New York State Department of Financial Services (NYDFS) has declared an immediate adoption of new rules focusing on …
Read moreSEC Accuses Binance US of Non-compliance Amidst Regulatory Scrutiny
September 18, 2023
The legal confrontation between the United States Securities Exchange Commission (SEC) and Binance.US, a popular crypto exchange, seems to be escalating. The SEC accuses Binance's holding company, BAM, of non-cooperation …
Read moreCitigroup Introduces Citi Token Services, Leverages Blockchain for Institutional Clients
September 18, 2023
Citigroup has announced the pilot launch of its Citi Token Services, a blockchain-powered platform that enhances cash management and trade finance mechanisms. This new service integrates tokenized deposits and smart …
Read moreBitcoin At $27,000: An Overview of the Week's Crypto News
September 18, 2023
Despite a volatile week, Bitcoin held the $27,000 mark after a possible inverse correlation with the US Dollar Index (DXY) was highlighted during financial turmoil. Yet, even as BTC price …
Read moreCrypto Influencer Arrested in Hong Kong over Controversial JPEX Platform Promotion
September 18, 2023
Crypto influencer, Joseph Lam Chok, has been arrested by Hong Kong police for promoting the controversial JPEX crypto platform. The arrest resulted from numerous complaints lodged against the platform, leading …
Read moreAnticipated Scroll zkEVM Launch and Potential Surges in Ethereum
September 18, 2023
Ethereum continues to dominate news with two parallel developments of promise. Scroll, a community-driven Ethereum layer-2 scaling solution, is set to launch soon. Besides, an anticipated surge in Ethereum price …
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