Regulation
Atomic Wallet Was Breached by North Korean Hackers: Elliptic
Wallets that siphoned Atomic users’ funds are connected to the known Lazarus group’s addresses, crypto tracing firm said. Source link
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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 […]
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How To Use AI to Create Music in Web3
If your music project is less about live performance and more about the finished product — maybe you’re composing original music for a podcast, metaverse event, YouTube channel, Web3 video game or educational content — […]
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How to Build a Compliant Crypto Exchange After The SEC’s Coinbase Suit
I am not going to bore you by quoting chapter and verse on broker-dealer registration requirements. I also won’t go into a detailed Howey analysis on many of the coins mentioned in the complaint – […]
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Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition
The market study may be the first of its kind to examine Web3 competition dynamics. Source link
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Coinbase (COIN) Shares Slump After SEC Files Suit Against Company
“The legal fight will be long and costly for Coinbase, but it might be difficult to argue and prove that they didn’t commingle and unlawfully offer exchange, broker-dealer, and clearinghouse functions,” Edward Moya, a senior […]
Regulation
Coinbase Hit With ‘Show Cause’ Order from Alabama Regulator Right After SEC’s Lawsuit
The ASC action doesn’t forbid Coinbase from offering staking as a service as long as it complies with the law, but the order itself was the result of a task force of ten state securities […]
Regulation
SEC Sues Crypto Exchange Coinbase on Unregistered Securities Exchange Allegations
According to the SEC, Coinbase has operated as an unregistered broker, exchange and clearing agency simultaneously, arguing that it solicited customers, handled orders, allowed for bids and acted as an intermediary all at once. The […]
Regulation
Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs
The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said. Source link
Regulation
OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian
OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers. Source link