Regulation
CFTC Case Against Sam Bankman-Fried Postponed Until After Criminal Trial
The request to stay the SEC’s civil case against Bankman-Fried is still pending. Source link
Year: 2023
Ethereum
Grayscale’s Bitcoin Trust Discount Widens to Near Record Lows
“There has been a significant surge in the price of bitcoin recently, which, combined with increasing regulation, has forced Grayscale to somewhat decouple GBTC from the price of bitcoin, which may have undermined the value […]
Bitcoin
Industry Needs Access but US Regulators Keep Digital Assets at Bay
“Obviously a couple people have gotten into trouble, but [regulators] aren’t saying, ‘Hey, you can’t bank these clients, they’re verboten,” Butler said. “They’re definitely trying to ring-fence it … but I think there’s a little […]
Market Analysis
Coinbase Will List Blur as Token Surges 500% Ahead of Unlock
Coinbase announced it would add support for the ERC-20 token BLUR, the governance token of pro-NFT trading marketplace Blur.io. Coinbase said they would launch trading of the BLUR-USD pair when there is sufficient BLUR liquidity. […]
Regulation
NFT Influencer Cozomo de’ Medici Donates 22 Digital Artworks to LACMA
“With this gift, my goal was to help bridge the worlds of on-chain art and contemporary art, which until now have separately existed,” said de’ Medici in a press release. “I’m thrilled to have these […]
Ethereum
Bitcoin BTC Price, Ether ETH Price Drop as Investors Fret Over Inflation Data, Stablecoin Regulation
“The news flow has been rather bearish for crypto and you can’t forget about tomorrow’s inflation report that could be hot and spell trouble for risky assets,” Edward Moya, senior market analyst at foreign exchange […]
Bitcoin
Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security, Says It Will Litigate if Needed
Paxos also noted in its press release that the Wells Notice specifically had to with BUSD and not any other part of its business. “This SEC Wells notice pertains only to BUSD. To be clear, […]
Market Analysis
Cathie Wood spends another $9.20 million on Coinbase stock
Cathie Wood bought 162,325 shares of Coinbase Global Inc on Friday. Her stake in the crypto exchange is now worth more than $18 billion. Coinbase stock has already rallied about 70% since the start of […]
Regulation
Paxos Halt of BUSD Stablecoin Issuance Derails Binance Strategy for Global Dominance, With Tether’s USDT, Circle’s USDC, Maker’s DAI as Likely Gainers
In the largest BUSD pool on decentralized finance (DeFi) protocol Curve, where traders can swap between stablecoins, traders almost depleted the USDT, USDC and DAI liquidity. Now, 85% of the pool’s liquidity is BUSD, making […]
Ethereum
SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity
“They are trying to do the right thing,” Warden said of the industry, pointing to Kraken and Coinbase as examples. “And with some better regulatory clarity upfront, they would have, in my view, probably done […]