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SEC Chair Gensler Rebuts Claims Crypto Exchanges Lacked ‘Fair Notice,’ Affirms ‘Majority’ of Tokens Are Securities
9.6.2023
U.S. Securities and Exchange Commission Chair Gary Gensler discussed crypto exchanges and digital currencies at the Piper Sandler Global Exchange & Fintech Conference. He insisted that there is “nothing about the crypto securities markets that suggests that investors and issuers...
Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says
8.6.2023
Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly transferred since his arrest in Montenegro...
Fitness App Sweat Economy to Decide Fate of 2.5 Billion Abandoned Tokens
8.6.2023
Move-to-Earn fitness platform Sweat Economy has proposed a governance vote to reassign over 2 billion abandoned SWEAT tokens.
The protocol had assigned billions of SWEAT tokens to users who signed up during its token generation event (TGE).
According to a recent blog post, several users never...
Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
8.6.2023
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering...
First Mover Americas: SEC-Targeted Tokens Tumble
8.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Community Adopts 'Stand With Crypto' NFT After SEC Sues Binance and Coinbase
8.6.2023
The crypto community minted 140,830 non-fungible tokens (NFTs) in a collection previously launched by the exchange giant Coinbase with a goal to make the US regulators provide the much-needed and "sensible crypto policy."
Launched in April this year, the 'Stand with Crypto' are commemorative NFTs...
DeFi Unfazed by SEC's Classification of Tokens as Securities
8.6.2023
These forces will likely only drive “more financial activity to DeFi,” one trader said
Robinhood ‘Actively Reviewing’ Listed Coins After SEC Sues Binance and Coinbase
7.6.2023
Robinhood is reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) went after major digital assets exchanges. In lawsuits against Binance and Coinbase, the regulator claims that a number of tokens listed by the trading platforms are unregistered securities....
Health and Fitness App Sweat Economy to Vote on 'Reallocating' 2.5B Inactive Tokens
7.6.2023
The 2.5 billion SWEAT tokens, which constitute around 13% of the total supply, were allocated to users at the app's conception last September
Crypto Tokens' Status as Securities or Commodities Is Key to SEC's Binance, Coinbase Suits: Bernstein
7.6.2023
Crypto regulation has become a political debate and a turf battle between the SEC and the CFTC, the report said
Louis Vuitton Set to Launch $42,000 Physical-Backed NFT Trunks
7.6.2023
French luxury fashion house Louis Vuitton has announced its first non-fungible token (NFT) collection, with each iconic-trunk-turned-digital-collectible coming with a tag of nearly $42,000.
According to Vogue Business, the fashion giant has prepared a collection of phygital "Treasure Trunks"....
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
7.6.2023
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance
Is it Too Late to Buy Pepe Coin? PEPE Coin Price Plummets 15% in 7 Days as Launchpad Approaches $1 Million
6.6.2023
Despite an incredible surge of over 50,000% between April 15 and May 5, Pepe Coin (PEPE) is experiencing a significant decline of more than 60% from its peak, with 15% of the drop occurring in the past week.
Uncertainty looms over the meme coin's future potential, causing market participants...
Grinding out a living: Can blockchain games really offer a sustainable income?
6.6.2023
Blockchain gaming executives believe the law has not yet caught up with the concept of earning a living through gaming
Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline
6.6.2023
The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant
US SEC Identifies 12 Crypto Tokens as Securities in Binance Lawsuit
6.6.2023
The U.S. Securities and Exchange Commission (SEC) has identified 12 crypto tokens as securities in a new lawsuit filed against Binance and its CEO, Changpeng Zhao (CZ). The securities regulator asserted that Binance platforms “have made available for trading on them crypto assets that...
Virtual Reality Tokens Surge 8% as Traders Await Apple's VR Headset Release
5.6.2023
Cryptocurrency's virtual reality sector has surged by almost 8% over the past 24 hours as investors anticipate Apple's VR headset reveal on Monday
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
5.6.2023
Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach
Meme Coin Pepe Sees Steep Decline in 30 Days, Losing 70% Since All-Time High
4.6.2023
According to statistics, the meme coin asset pepe (PEPE) still holds the third position in terms of the largest meme token market capitalization. However, PEPE has lost over 70% in value during the past 30 days. Pepe Value Slides 26% Lower Over the Past 2 Weeks The meme coin pepe (PEPE)...
While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days
3.6.2023
During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have increased in value significantly over the past 39 days, rising 1,511% from a total...