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Haru Invest files criminal complaint against consignment operator
14.6.2023
The South Korean yield platform said it has filed a criminal complaint against B&S Holdings and plans to initiate civil proceedings as well
Here are 5 ways why early InQubeta presale investors can make generational wealth
14.6.2023
Investing in a promising DeFi project during its early stages has consistently been a preferred strategy for astute investors aiming for significant returns. One project that ticks all the right investment boxes is the InQubeta (QUBE) presale. With the blockchain industry experiencing exponential...
Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal
14.6.2023
A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...
DigiToads is the safest bet in the face of SEC regulation
14.6.2023
As the world of finance continues to evolve with the rapid growth of digital assets, regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) have been closely monitoring and scrutinizing the cryptocurrency market. In this ever-changing landscape, where regulatory uncertainties...
MATIC and SOL delisted from Robinhood, Avorak solidifies their BNB Smart Chain choice
14.6.2023
The recent delisting of MATIC and SOL from Robinhood has sent ripples through the crypto community. However, amidst this development, Avorak, a key player in the industry, remains steadfast in its choice of the BNB Smart Chain. MATIC and SOL on Robinhood Robinhood, a cryptocurrency exchange...
Bitcoin stays flat at $26K after PPL data as markets await Fed's Powell
14.6.2023
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments
Bitcoin ‘far larger’ than Binance or Coinbase, says BTC proponent: BTC Prague
14.6.2023
Troubled exchanges like Binance and Coinbase might not be the biggest trading venues for Bitcoin, Jan3 CEO hinted
Polygon Labs requests a new ‘exchange’ definition from the SEC
14.6.2023
The US Securities and Exchange Commission recently sought a revised definition of ‘exchange’. The Commission has urged ventures to qualify for the category only after all the individuals or entities running the processor to facilitate communication have registered with them. While this may sound...
SEC responds to the last week’s Third Circuit’s decision
14.6.2023
The SEC responded formally to the Third Circuit Court of Appeals’ ruling last week, which weakened its authority to take back money gained through violating securities laws. This decision diminished the SEC’s power to demand disgorgement, a key part of retrieving illegally obtained...
Crypto Exchange Thodex Founder Denies Fraud Charges in Turkey
14.6.2023
The founder of failed cryptocurrency exchange Thodex has denied all fraud-related allegations in a Turkish court. The crypto entrepreneur was handed over to Turkey by Albanian authorities earlier this year to face charges for his leading role in running the now defunct platform. Alleged Crypto...
Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
14.6.2023
Ripple's operations gear up in Europe and Asian markets despite an ongoing lawsuit instituted by the U.S. Securities and Exchange Commission
No Billion Crypto Users Without ‘Wallets That Work Like Modern Technology’ — Binance Head of Product
14.6.2023
While the blockchain and decentralized finance are often touted as the future of finance, according to Binance’s head of product Mayur Kamat, more people will become comfortable using these when there are crypto “wallets that work like modern technology.” For Kamat, an early...
With the rising adoption of Solana, the DigiToads presale poses an interesting prospect
13.6.2023
Solana (SOL) has been making headlines in the crypto industry, bouncing back from a transient downturn due to FTX’s bankruptcy and hitting the ground running with a notable uptick in January. The SOL token regained its upward trajectory, boasting an impressive 100% increase. What triggered...
SEC hears from Blockchain Assoc., House Republicans on 'exchange' definition proposal
13.6.2023
More opposition has come in at the last minute to the year-old proposal reimagining the SEC'ss definition of a securities exchange
Bitstamp now included on FCA's list of registered crypto firms
13.6.2023
The Financial Conduct Authority listed 42 registered crypto firms in compliance with the U.K. government's Anti-Money Laundering and Combating the Financing of Terrorism rules
Asset Freeze to Halt Binance US Operations, Exchange Says, Seeks Rejection of SEC Request
13.6.2023
Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a court filing. ‘No Need for the Draconian Relief Sought...
Is MATIC a security? SEC previous said no and Avorak doesn’t believe so either
13.6.2023
The US Securities and Exchange Commission (SEC) has brought over 100 enforcement actions against cryptocurrencies it deems securities within the past decade. The confusion reigning in SEC’s vague regulatory environment and double standards is whether MATIC is a security under the definition of...
Bitcoin gets closer to '51% attack' on altcoin market
13.6.2023
Bitcoin's market dominance index has failed to sustain above 50% since April 2021 — so will this time be any different?
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...
Jeremy Allaire pushes for stablecoin legislation
13.6.2023
Jeremy Allaire, who is the Co-Founder of stablecoin supplier Circle, will be earnestly pitching for the legislation of the stablecoin at a U.S House Financial Services Committee Hearing. Simultaneously, he is concerned about the actual positioning of the U.S Dollar and its competitiveness...