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South Korean Security Tokens Market ‘May Be Worth $287B by 2030’
17.6.2023
South Korea’s financial industry thinks the nation’s security token offerings (STO) market could be worth $287 billion by 2030, with the biggest commercial banks in the country “lining up” to get involved.
Per EDaily, the Hana Financial Group’s Management Research Institute predicted that...
Bitcoin Price Outlook for June
16.6.2023
Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both Binance and Coinbase. The Federal Reserve has also...
Which altcoins will survive the SEC crackdown? Bitcoin OG explains
16.6.2023
Bitcoin OG and educator Dan Held points out which crypto assets are most likely to avoid the ongoing SEC crackdown
Keone Hon, CEO of Monad Labs, on High Frequency Crypto Trading, L1s, L2s, and Security | Ep. 239
16.6.2023
In an exclusive interview with cryptonews.com, Keone Hon, CEO and Co-founder of Monad Labs, talks about the relationship between HFT and crypto trading, security on the Monad blockchain, and scaling blockchain tech at the L1 level....
Read More: Keone Hon, CEO of Monad Labs, on High Frequency...
COTI is Going to Zero After the SEC Deems the Token a Security While This Lesser Known Green Crypto Just Hit $5.1 Million – Time to Buy?
15.6.2023
The $COTI price is fast going to zero in wake of the US Security and Exchange Commission’s (SEC) assessment that the token is a security.
$COTI, which powers the COTI network, was last trading around $0.043, having lost more than 35% of its value since the start of last week.
That’s when the...
‘If You’re Selling BTC for Something, Sell it for Gold Instead of USD’, Says Tether CTO Paolo Ardoino
15.6.2023
In an insightful conversation with Cryptonews, Paolo Ardoino, the CTO of both Tether and Bitfinex, shed light on crucial topics relating to the crypto world.
The dialogue navigated the volatile waters of inflation, the allure of gold as a tangible asset, and the growing fascination with digital...
Decentraland is Going to Zero as the SEC Says MANA is a Security but This New Sustainable Crypto Could Be the Next Crypto to Explode – Here's How it Works
14.6.2023
Analysts are warning that Decentraland’s $MANA token could be going to zero in wake of the US Security and Exchange Commission’s (SEC) labeling of the token as an unregistered security.
The US regulatory agency labeled the token as such as part of dual lawsuits unveiled against Coinbase...
North Korean hackers swipe over $100M from Atomic Wallet users
13.6.2023
According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack
The Sandbox is Going to Zero as the SEC Deems SAND to be a Security but This New AI Crypto Signals Platform May Be the Next Crypto to Explode – Here's Why
13.6.2023
SAND, the native token that powers The Sandbox’s decentralized crypto, non-fungible token (NFT) and blockchain-powered metaverse, took an absolute beating last week.
When it hit fresh lows for the year just above $0.33 per token, the crypto token had lost a stunning nearly 50% of its value in less...
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...
Hinman docs unsealed: SEC concerned over ‘Ether is not a security’ statement
13.6.2023
Hinman risked contradicting himself over the statement Ether isn’t a security, unsealed SEC internal discussion documents show
Atomic Wallet Hackers Move Stolen Funds via OFAC-Sanctioned Exchange Garantex: Elliptic
13.6.2023
The attackers are believed to be the infamous North Korean hacker group Lazarus, as per blockchain security firm Elliptic
Coinbase CEO Brian Armstrong: The SEC Told Us ‘Everything Other Than Bitcoin Is a Security’
13.6.2023
Brian Armstrong, CEO of Coinbase, the largest U.S.-based cryptocurrency exchange, explained how negotiations reached a standstill with the U.S. Securities and Exchange Commission (SEC). In a recent interview with the Wall Street Journal, Armstrong detailed the changes in how the SEC approached...
Republican Congressman Seeks to Oust SEC Chair Gensler With SEC Stabilization Act
13.6.2023
Warren Davidson, the Republican congressman who first introduced the legislation in mid-April, has filed the SEC Stabilization Act to remove Gary Gensler, the current chair of the U.S. Securities and Exchange Commission (SEC). Davidson insists the act aims to safeguard U.S. capital markets...
Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack
12.6.2023
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum Worth Over $766K Siphoned From Sturdy Protocol...
Axie Infinity Price is Going to Zero after SEC Lawsuit Calls AXS a Security But Green Crypto Ecoterra Just Raised $5 Million – 100x Potential in 2023?
12.6.2023
Last week was catastrophic for Axie Infinity Shards (AXS), the native token that powers web3 play-to-earn (P2E) gaming ecosystem Axie Infinity.
AXS dropped more than 30% from around $7.6 per token to fresh near two-year lows under $5.0 per token, its worst one-week performance in more than...
Defying SEC: Solana, Cardano, and Polygon Disagree with 'Security' Label
12.6.2023
In an ongoing battle against the Securities and Exchange Commission (SEC), Solana, Cardano, and Polygon have united forces to challenge the classification of their cryptocurrencies as securities.
This comes as lawsuits unfold against major exchanges Binance and Coinbase, these prominent projects...
Former SEC Chief Warns, “Get Out Of Crypto Platforms Now” -What’s Going On?
12.6.2023
Former Enforcement Division chief of the U.S. Securities and Exchange Commission (SEC), John Reed Stark, came up with a warning in his Tweet on June 8, 2023. The warning came directly with the label "Get out of crypto platforms now."
Following the SEC's actions against Coinbase and Binance, Stark...
Security Agency Detains Nigeria’s Suspended Anti-Bitcoin Central Bank Governor
12.6.2023
The Central Bank of Nigeria governor, Godwin Emefiele, was suspended by Nigerian President Bola Ahmed Tinubu on June 9 and was subsequently arrested by a domestic security agency. Several reports have linked Emefiele’s suspension to the central bank’s controversial naira demonetization...
Solana Foundation disputes SEC’s claim of SOL as a security
12.6.2023
Solana Foundation, a non-profit organization in Switzerland, expressed disagreement with the characterization of the United States Securities and Exchange Commission of the platform’s native token, SOL, as securities. The US regulator called Solana’s SOL, along with 11 other cryptocurrencies...