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Court Orders Binance to Hand Over ‘Comprehensive’ User Data to Nigerian Authorities
20.3.2024
A Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market manipulation on the Binance...
Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
SEC Requests $158 Million Increase to Tackle Crypto Market Challenges in 2025 Budget Proposal
19.3.2024
The U.S. Securities and Exchange Commission is seeking an additional $158 million for its 2025 budget to address the growing complexities in financial markets, particularly the challenges stemming from the crypto sector.
The post SEC Requests $158 Million Increase to Tackle Crypto Market...
Nonprofit Focused On “Corporate Wrongdoing” Empower Oversight Launches Lawsuit Against SEC Amidst Reports of Conflicts of Interests
19.3.2024
Empower Oversight filed a lawsuit against the United States Securities and Exchange Commission (SEC) on Friday, claiming the federal agency failed to comply with their Freedom of Information Act (FOIA) request regarding cryptocurrency conflict of interests at the agency.
The post Nonprofit Focused...
Binance asks for the tightening of screening procedures
19.3.2024
Binance, an international cryptocurrency exchange, has contacted top brokers like FalconX and Hidden Road to tighten the screening procedure to avoid having US investors on the exchange. Since top brokers are known to render their services to institutional investors, the sort of information...
Is Floki About to Crash? FLOKI Price Tumbles 30% with New Meme Coin Set for Exchange Launch
19.3.2024
You’d be hard pressed to find two meme coins posting more opposite performances than FLOKI and SPONGE right now. FLOKI is down bad after falling 18% in the last 24 hours to change hands at $0.0001736 as of this writing, lunchtime UTC. With a market capitalization of $1.6 billion, FLOKI...
Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income
19.3.2024
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of...
Coinbase's Allies Join Crypto Firm's Case Against SEC
19.3.2024
Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside...
Bitcoin Price Drops to $8,900 on BitMEX, Exchange Launches Investigation
19.3.2024
BitMEX is conducting an investigation into an unusual trading activity that caused a flash crash in Bitcoin on its platform.
The post Bitcoin Price Drops to $8,900 on BitMEX, Exchange Launches Investigation appeared first on Cryptonews
Galaxy Digital to Introduce Exchange-Traded Products in Europe in 'Matter of Weeks'
19.3.2024
Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts
Andrew Tate Says He Made $85 Million During Last Bull Run, Advocates for Innovative Blockchain Projects
19.3.2024
Andrew Tate earned a staggering $85 million during the last bull run by investing in decentralized exchange PancakeSwap.
The post Andrew Tate Says He Made $85 Million During Last Bull Run, Advocates for Innovative Blockchain Projects appeared first on Cryptonews
Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore
19.3.2024
With $11.5 million Series A funding led by Trive, Tokenize Xchange aims for expansion in Singapore and plans to secure a total of $33 million by the end of 2024.
The post Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore appeared first on Cryptonews
Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’
19.3.2024
The face and former CEO of the world’s largest crypto exchange Binance – Changpeng Zhao, aka CZ – has launched his new venture dubbed ‘Giggle Academy.’
The post Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’ appeared first on Cryptonews
Grayscale Investments Submits Revised Application for Spot Ethereum ETF
19.3.2024
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments,...
Crypto Council Files New Amicus Brief Supporting Coinbase’s Legal Battle With SEC
19.3.2024
The Crypto Council for Innovation (CCI) has filed an amicus brief on March 18 in support of Coinbase challenging the Securities and Exchange Commission (SEC) denial of its rulemaking petition.
The post Crypto Council Files New Amicus Brief Supporting Coinbase’s Legal Battle With SEC appeared...
Judge Condemns SEC’s Handling of DEBT Box Case, Ordered to Reimburse Legal Costs
19.3.2024
The US Securities and Exchange Commission was sanctioned for its controversial restraining order against crypto firm DEBT Box, a March 18 court filing showed.
The post Judge Condemns SEC’s Handling of DEBT Box Case, Ordered to Reimburse Legal Costs appeared first on Cryptonews
Fidelity Updates Spot Ethereum ETF Application to Include Staking
19.3.2024
Fidelity has updated its Spot Ethereum exchange traded fund (ETF) application to the U.S. Securities and Exchange Commission (SEC) on March 18 to include staking.
The post Fidelity Updates Spot Ethereum ETF Application to Include Staking appeared first on Cryptonews
Crypto Exchange Listing and Delisting Announcements: March 18, 2024
19.3.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: March 18, 2024 appeared first on Cryptonews
Nigeria’s SEC Proposes 400% Registration Fee Increase for Crypto Firms
19.3.2024
Nigeria's Securities and Exchange Commission (SEC) has put forward amendments to the regulatory framework governing platforms offering cryptocurrency services, suggesting a significant increase in registration fees for crypto exchanges.
The post Nigeria’s SEC Proposes 400% Registration...
Sellout Meme Coin Scotty the AI ($SCOTTY) Launches on DEX, Thursday March 21st 10am UTC
18.3.2024
Monday, March 18th, 2024 – AI memes coin Scotty the AI is the most eagerly awaited listing of the week – it launches on Uniswap decentralized exchange on Thursday March 21st at 10am UTC. The latest addition to the cryptoworld of tokens, Scotty the AI ($SCOTTY) raised $10.8 million in two weeks,...