Ethereum
Altcoins Dip Following Second SEC Lawsuit Against Crypto Exchange
The SEC’s lawsuit against Coinbase named thirteen altcoins as securities. Source link
Month: June 2023
Bitcoin
Bankers Shopping FTX’s ‘Hundreds of Millions of Dollars’ Stake in AI Startup Anthropic: Report
At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival chatbot Claude, which was valued at $4.6 billion, […]
Regulation
If Crypto Wants Institutional Dollars, It Needs an ESG Game Plan: Consensus 2023 Attendees
Attendees at Consensus 2023 argue that the crypto industry should embrace ESG and not hide from it in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report. Source link
Ethereum
Web3 Gaming Studio Argus Raises $10M Lead By Haun Ventures
“Computer games in the 1980s and ‘90s were building their engine to build their own game … I think we’re at a very similar stage in crypto gaming right now, where if you really want […]
Bitcoin
Coinbase Users Withdraw $600M in Crypto in a Day Amid SEC Lawsuits Against Binance, Coinbase
Traders have withdrawn funds from Coinbase in two waves, data shows. On Monday, net outflows reached $450 million within an hour following the lawsuit against Binance before stabilizing, according to Nansen data. Withdrawals rose again […]
Regulation
One-Two Punch Puts U.S. SEC On Record for Binance, Coinbase, Rest of Crypto
Crypto lawyer Collins Belton had tweeted on Monday that “the SEC is alleging that Binance, like Trex, Beaxy, Coinbase, and every other crypto trading platform is essentially operating an unregistered exchange, but also provides clearing […]
Ethereum
Former Twitter CEO Claims Ethereum Is A Security, Will This Affect Prices?
Jack Dorsey, the former CEO of Twitter, while replying to a comment on June 6, alleged that Ethereum (ETH), the world’s second-largest cryptocurrency exchange, is a security under United States laws. This controversially implies that holders […]
Bitcoin
Gary Gensler’s Evolving Position on Crypto – in Quotes
Around the same time, Gensler said in his Congress testimony that the U.S. government, together with the Congress, should come up with more definitive rules for crypto. “I believe that the SEC, working with the […]
Market Analysis
Industry’s Voice Offers Key to Crypto Regulation, Says Top Lawyer
The crypto industry needs friends in high places. Including government, banks, corporations, and, not least, Big Law. It also needs more clout with regard to rulemaking. A prominent lawyer working in the trenches of the […]
Regulation
BTC Price Rallies Above $27,000 as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase
The broader crypto market also regained ground since Monday, albeit somewhat less than BTC. ETH, the second largest crypto by market value, was recently changing hands at slightly below $1,900, up 4.5% from Monday, same […]