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SEC Requests More Funding to Regulate Crypto Sector
21.3.2024
The U.S. Securities and Exchange Commission (SEC) has submitted its 2025 budget request, which will partly fund the securities watchdog’s efforts to regulate the crypto sector. “We’ve seen the Wild West of the crypto markets, rife with noncompliance,” SEC Chair Gary Gensler...
Economists Rally Behind Honduras in $10.8 Billion Legal Fight Over Crypto Island Project
21.3.2024
A group of 85 economists has supported the Honduran government’s decision to leave the World Bank’s arbitration body, the International Centre for Settlement of Investment Disputes (ICSID), amidst a legal conflict with the crypto island project Próspera Inc., which seeks $10.8 billion...
Uzbekistan Increases Monthly Fees for Crypto Market Participants
21.3.2024
Uzbekistan's National Agency for Prospective Projects (NAPP) has announced a new directive to raise the monthly fees for those involved in the cryptocurrency market within the country.
The post Uzbekistan Increases Monthly Fees for Crypto Market Participants appeared first on Cryptonews
Coinbase to Provide Key Infrastructure for Blackrock’s Tokenized Investment Fund
21.3.2024
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused...
South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto
21.3.2024
South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating cryptoassets worth over $768,500.
The post South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto appeared first on Cryptonews
Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated
21.3.2024
The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market...
Russian Crypto Mining Hotspot Cracks Down on Illegal Miners
21.3.2024
The Russian crypto mining hotspot of Irkutsk appears to be cracking down on illegal and quasi-legal miners.
The post Russian Crypto Mining Hotspot Cracks Down on Illegal Miners appeared first on Cryptonews
Top Crypto Gainers Today on DEXScreener – PIPI, PNUT, FAP
21.3.2024
As crypto markets pump in wake of a more dovish than expected Fed policy announcement, with Bitcoin (ETH) and Ether (ETH) bouncing 11% and 14% from intra-day lows to near $68,000 and $3,500, trader hunting for the top crypto gainers today are flocking to the on-chain markets.
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SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports
20.3.2024
The United States Securities and Exchange Commission (SEC) has reportedly served a number of key businesses in the crypto industry with subpoenas in relation to obtaining records about the Ethereum Foundation, a new report reveals. According to Fortune, SEC Chair Gary Gensler is leading the agency...
Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’
20.3.2024
The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all of their digital assets back in kind....
Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief
20.3.2024
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for the Southern District of New York. It aimed...
Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate
20.3.2024
On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving...
Ethereum Foundation Receives Confidential State Inquiry, Removes Warrant Canary Icon From Github Repo
20.3.2024
The Ethereum Foundation has reportedly received a “voluntary enquiry from a state authority,” according to a note added to the group’s Github page. State Actors Have Contacted the Ethereum Foundation; SEC Reportedly Investigating On Wednesday, March 20, 2024, the crypto...
House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership
20.3.2024
House Committee members grilled SEC Chair Gary Gensler over concerns about regulatory overreach and lack of transparency. Calls for SEC reform are mounting, with critics citing insufficient feedback periods and a focus on social justice initiatives over the agency's core mission. Ranking member...
NBA All-Star Tyrese Haliburton Talks Ethereum and Potentially Receiving Salary in Crypto
20.3.2024
Professional basketball player and NBA All-Star Tyrese Haliburton has said that he would consider taking a portion of his salary in cryptocurrency
Crypto Experts Eye New Web3 Meme Coin, Racing to Invest Before It Hits Exchanges
20.3.2024
Eagle-eyed watchers of emerging small market cap projects are pouring into Sponge (SPONGE), a new Web3 meme coin that comes with its own staking and video gaming community, ahead of the token’s listing on major exchanges. SPONGE has jumped over 9,000% since the original iteration (SPONGE...
Best Crypto to Buy Today March 20 – KCS, Stacks, Toncoin
20.3.2024
As concerns about Ether (ETH)’s regulatory status in the US weigh on market sentiment on Tuesday, and one day after spot Bitcoin ETFs just saw their biggest daily outflow, traders are hunting for the best crypto to buy today to maximize their chances of securing quick gains.
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Best Crypto to Buy Today March 20 – KCS, Stacks, Toncoin
20.3.2024
As concerns about Ether (ETH)’s regulatory status in the US weigh on market sentiment on Tuesday, and one day after spot Bitcoin ETFs just saw their biggest daily outflow, traders are hunting for the best crypto to buy today to maximize their chances of securing quick gains.
The post Best Crypto...
3AC Co-Founder Kyle Davies Stands Firm, Won’t Apologize for Crypto Hedge Fund Bankruptcy
20.3.2024
Kyle Davies, the founder of collapsed crypto hedge fund Three Arrows Capital (3AC) says he has nothing to apologize for in a new interview on the latest episode of Unchained.
The post 3AC Co-Founder Kyle Davies Stands Firm, Won’t Apologize for Crypto Hedge Fund Bankruptcy appeared first...
Solama to Get Listed on HTX Crypto Exchange
20.3.2024
PRESS RELEASE. Solama, a new meme coin developed on the Solana network, will soon get listed on one more centralized crypto exchange: HTX (formerly known as Huobi Global). The announcement was made on March 18, 2024, on Solama’s official X (Twitter) account. Growth Has No Boundaries Solama, one...