Search
The SEC Takes on Dealer Definitions
14.2.2024
The U.S. Securities and Exchange Commission published a new definition for securities dealers, capturing crypto
Former Ethereum Advisor Steven Nerayoff Accuses SEC Chair of Undisclosed ETH Involvement
13.2.2024
Steven Nerayoff, an early Ethereum advisor, leveled allegations at SEC Chair Gary Gensler on Tuesday, hinting at Gensler’s undisclosed deep ties with Ethereum and potential influence by the Chinese Communist Party (CCP). Steven Nerayoff Ethereum ETFs Stir the Pot Nerayoff alleged that...
28.2% of Data Requests Originated from U.S. Agencies in 2023, Kraken Says
13.2.2024
Crypto exchange Kraken published a report today detailing the data requests it received from official bodies last year. In a blog post, the exchange revealed that it had received a total of 4923 data requests in 2023, with U.S. agencies accounting for 1393 of those requests. Stay in-the-know with...
Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week
13.2.2024
The recent US SEC-approved Bitcoin ETFs collectively netted $1.1 billion in inflows last week, according to a new report by European crypto asset manager CoinShares. Total inflows into spot Bitcoin ETF products now amount to $2.8 billion since they hit the market on January 11. Institional hoarding...
Could a Coinbase vs. SEC win drive Alts like Bitbot to 2024 highs?
13.2.2024
The ongoing legal battle between Coinbase and the SEC has sparked intense speculation about its potential impact on Bitcoin price predictions and altcoins like Bitbot. The crypto market is no stranger to regulatory scrutiny. Still, the outcome of this high-profile case could prove pivotal for...
SafeMoon CEO Gets Bail, But His Legal Team Wants to Opt Out
13.2.2024
CEO of bankrupt crypto project SafeMoon Braden John Karony is released on bail, but his legal team no longer wants to represent him. In Nov. 2023, Karony and SafeMoon CTO Thomas Smith were arrested on charges of securities fraud, money laundering, and conspiracy to commit wire fraud. However,...
Franklin Templeton Latest Firm to File for Spot Ethereum ETF
13.2.2024
Investment firm Franklin Templeton is the latest asset manager to file a spot Ethereum exchange-traded fund (ETF) application with the Securities and Exchange Commission (SEC) in the United States. The filing was submitted on Monday. Coinbase Custody will be the Ether custodian and Bank of New York...
SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
13.2.2024
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules, which explicitly target decentralized...
SEC Takes Cybersecurity “Seriously,” Gensler Says in New Letter
12.2.2024
United States and Securities Exchange (SEC) Chair Gary Gensler claimed the federal agency takes its “cybersecurity obligations seriously” in a February 6 letter following last month’s SIM swap attack. The letter was drafted as a response to House Republicans who previously scrutinized...
Over $11 Million in Liquidity Drained From SafeMoon by Unknown Individual
12.2.2024
An unknown individual drained over $11 million in liquidity from various pools associated with the controversial cryptocurrency project SafeMoon on Monday. The transaction triggered immediate speculation about a possible connection to SafeMoon’s ongoing bankruptcy proceedings. Blockchain...
SEC-Ripple remedies discovery is in last week
12.2.2024
Ripple’s XRP is down by 2.56% in the last 24 hours, trading at $0.5183. While it may not necessarily be due to the ongoing legal battle with the SEC, it is only right to state that at least some portion of the downfall is because of the dispute. Relief could be on the way as …
Gary Gensler Tells Lawmakers SEC Takes Cybersecurity ‘Seriously’ After X Account Hack
11.2.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has assured lawmakers that the securities regulator “takes its cybersecurity obligations seriously.” Lawmakers raised concerns following the hacking of the SEC’s account on social media platform X, where a post...
US Senators Slam SEC for Operating in ‘Unethical and Unprofessional Manner’ in Debt Box Case
10.2.2024
Five U.S. senators have expressed their concerns to the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, regarding the agency’s enforcement action against crypto firm Debt Box. The court found that the SEC made “materially false and misleading...
Former SEC Official Lambasts Voyager and Dallas Mavericks Partnership, Suggests NBA Ban on Crypto Sponsorships
9.2.2024
Yesterday, a former SEC official targeted the NBA’s decision to greenlight a partnership between the cryptocurrency exchange Voyager Digital and the Dallas Mavericks. The former internet enforcement chief for the Securities and Exchange Commission John Reed Stark said that the NBA should...
Republican Senators Pen Scathing Letter to Gensler for “Unethical” Handling of DEBT Box Case
9.2.2024
A group of Republican senators criticized United States Securities and Exchange Commission (SEC) Chair Gary Gensler over the federal agency’s “unethical” handling of the DEBT Box case in a February 7 letter. Republican Senators Argue SEC’s Tactics Were “Unethical” Senators Cynthia Lummis (R-WY)...
Bitcoin Active Supply Surges as Long-Term Holders Start Moving Assets
9.2.2024
Market activity around Bitcoin (BTC) has increased since the approval of spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). A recent market report from Bitfinex shows a slight increase in the amount of BTC in circulation. Long-term investors are holding on to more...
Ark Invest and 21shares Amend Spot Ether ETF Filing, Now More Aligned With SEC Preferences
9.2.2024
In a move to possibly align more with the SEC regulatory framework, Ark Invest and 21shares have amended their filing for a spot ether ETF, introducing a cash creation and redemption mechanism that mirrors the SEC’s recent approval criteria for spot bitcoin ETFs. Cathie Wood’s...
Tradestation Settles With SEC and State Regulators for $3 Million
9.2.2024
Tradestation has reached a settlement with the Securities and Exchange Commission (SEC) and state regulatory bodies, agreeing to pay $3 million in fines for offering an unregistered crypto asset lending product to U.S. investors, a move that promised interest earnings on deposits without proper...
Ether’s Prometheum Test
8.2.2024
The “only U.S.-registered crypto securities platform" is listing ETH in a bold test of the U.S. Securities and Exchange Commission's thesis that most cryptocurrencies are securities
U.S. Senators Berate SEC's Gensler for Agency's 'Unethical' Handling of Crypto Case
8.2.2024
The U.S. Securities and Exchange Commission's admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts doubt on its wider enforcement practices, several Republican senators argued in a letter to Chair Gary Gensler