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U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says
13.6.2023
The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such...
CryptoGames Unveils an Enhanced VIP Program and High Stakes Wagering Contest
13.6.2023
CryptoGames, a well-known online crypto casino, is making waves in the online gambling industry with the launch of its revitalized VIP program and a high stakes wagering competition. These new initiatives promise cryptocurrency gambling enthusiasts a new era of exhilarating challenges and rewarding...
‘There’s no more exciting time than now’ for Bitcoin: BTC Prague 2023
13.6.2023
Samson Mow, the CEO of Jan3, spoke with Cointelegraph about the current state of Bitcoin and why he’s bullish for the future
FCA Right to Propose Stop to Marketing Crypto as ‘Inflation Resistant,’ UK Industry Members Say
13.6.2023
A long-running industry narrative is that limited-supply cryptocurrencies like bitcoin can hold their value against inflation – similar to gold or bonds
HelloTatami and Sei Network to revolutionize gaming industry
12.6.2023
The gaming industry is undergoing a major transformation, and the partnership between Sei Network and HelloTatami is set to be one of the driving forces. This partnership between Sei Network, a major participant in the cryptocurrency industry, and HelloTatami, the first publisher to focus...
Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies
12.6.2023
Experts and business representatives from Iran and Russia have discussed the potential uses of cryptocurrencies and blockchain. The two countries are also collaborating on implementing new financial instruments facilitating bilateral trade in their national fiats. Financial Expo Brings Together...
Judge Upholds Confidentiality of FTX Customers’ Identities, Citing Security Concerns
10.6.2023
In the FTX bankruptcy case, the presiding judge John Dorsey has ruled to maintain the confidentiality of individual customer identities, according to a recent decision on Friday. Dorsey emphasized the importance of safeguarding these clients, expressing concern for their potential vulnerability...
UK Bans ‘Refer a Friend’ Bonuses With Tougher Crypto Marketing Rules
10.6.2023
Businesses marketing crypto assets to U.K. consumers will have to abide by stricter advertising rules presented by the country’s financial watchdog. These include prohibiting ‘refer a friend’ bonuses for the industry as well as introducing a cooling-off period for first time investors. Regulator...
Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’
10.6.2023
Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange...
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry but Sustainable Coin Ecoterra Just Raised $4.9 Million – What Does it Do?
9.6.2023
It’s been a disastrous week for Polygon.
The Ethereum layer-2 scaling solution’s native MATIC token has shed nearly 20% of its value since the weekly open, tanking from the upper $0.80s to the low-$0.70s....
Read More: Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry...
COZ and Degenz․wtf Join Forces to Launch a Physical NFT Collection for ‘Shadow Brother Sunday’ at Tribeca Festival
9.6.2023
PRESS RELEASE. FORT COLLINS, CO / June 9, 2023 – COZ, a pioneering community in the blockchain industry, is excited to announce its collaboration with Degenz.wtf, a leading advisory firm, to support Alden Ehrenreich’s directorial debut, Shadow Brother Sunday, with legendary filmmaker Francis Ford...
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
The role of blockchain in combatting fraud and revolutionizing the gaming industry
8.6.2023
Blockchain's transparency is another key weapon in the fight against fraud
US Senator Cynthia Lummis Blasts SEC Actions Against Coinbase, Explains Crypto Industry Is Being Pushed Offshore
8.6.2023
Wyoming U.S. Senator Cynthia Lummis has heavily criticized the recent legal action of the Securities and Exchange Commission (SEC) against Coinbase, stating that it might push the cryptocurrency industry and its innovation offshore. Lummis also remarked that the SEC has failed to streamline a path...
SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry
8.6.2023
The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared...
Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown
7.6.2023
In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on cryptocurrencies that have pinpointed various risks...
SEC Chair Gensler Likens Binance to FTX, Expresses Concern Over Crypto Industry
7.6.2023
Gary Gensler – chairman of the U.S. Securities and Exchange Commission (SEC) – sees “parallels” between Binance and its failed competitor FTX’s handling of customer assets.
During an interview with Bloomberg on Tuesday, the chairman said financial advisors should not look to Binance as...
SEC lawsuit against Binance and Coinbase unifies the crypto industry
7.6.2023
Blockchain Association CEO Kristin Smith said that while the SEC's approach to regulation is expected due to its anti-crypto stance, it’s still "unacceptable."
Blockchain Economy Dubai Summit 2023, uniting industry leaders for a groundbreaking event
7.6.2023
Dubai, UAE – The Blockchain Economy Summit, recognized as the world’s largest blockchain conference network, is set to redefine the future of finance by bringing together key players and experts from the crypto industry. The highly anticipated 8th edition of the summit will take place over...