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Gary Gensler: Crypto market is like 1920s stock market, full of 'fraudsters'
8.6.2023
Gensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and can benefit the crypto market of today
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Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim.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...
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Source
8.6.2023
Cryptocurrency custody firm BitGo is seeking to buy Prime Trust, another crypto custody specialist regulated in the state of Nevada, according to a person familiar with the matter
SEC Chair Gensler’s Alleged Past Interest in Advising Binance Surfaces Amidst Legal Battle
8.6.2023
Lawyers for Binance claim that current U.S. Securities and Exchange Commission (SEC) chair Gary Gensler once sought to become an advisor for the exchange back in 2019. This purported application occurred while Gensler was teaching at the Massachusetts Institute of Technology (MIT) and coincided...
Amid Crypto Chaos, Soros Fund CEO Sees Opportunity for Traditional Finance
8.6.2023
Soros Fund Management CEO Dawn Fitzpatrick has expressed her continued faith in cryptocurrency, despite the recent setbacks.
During a recent Bloomberg investment summit, Fitzpatrick mentioned that although it is a testing time for the industry, it is a huge opportunity for established financial...
Gen Z Investors Favor Crypto, But Experts Warn of Potential Risks
8.6.2023
Crypto is the top choice for Gen Z investors, driven by their exposure to technology, social media, and easy investment access, according to a joint report by American finance industry organizations the CFA Institute and the Financial Industry Regulatory Authority (FINRA).
But despite the appetite...
Bitcoin Reverses Post-US Jobs Data Upside as SEC Chair Gensler Lambasts Crypto Indsutry – Where Next for BTC Price?
8.6.2023
Bitcoin saw a small pop this morning on weaker-than-expected weekly initial jobless claims, rising from under $26,500 to at one point above $26,800.
Claims jumped to 261,000 last week, up from 233,000 a week earlier, marking the second-highest reading of the year.
While 261,000 initial claims...
The crypto market trio to watch in 2023: Toncoin, Filecoin, and DigiToads
8.6.2023
As the cryptocurrency market continues to grow and more coins enter the market, it is easy to lose track of which coins you should invest in due to the many options available. But in 2023, you don’t need to worry about where to put your money for the best returns. Filecoin, Toncoin,...
SEC Chair Argues That It Is Possible for Crypto Platforms To Register Following Lawsuits Against Coinbase and Binance
8.6.2023
Securities and Exchange Commission Chair Gary Gensler laid into the crypto industry on Thursday, arguing that it is possible for exchanges to register with the agency, despite platforms’ assertions that they tried to do just that. ...
Read More: SEC Chair Argues That It Is Possible for Crypto...
SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
8.6.2023
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility
Today in Crypto: US Court Issues a Summons for Binance's CZ, EU Targets Instagram, YouTube, TikTok & Twitter Over Crypto Ads, Commonwealth Bank of Australia Limits Customers' Ability to Send Money to Crypto Exchanges
8.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Court Issues a Summons for Binance's CZ, EU Targets Instagram, YouTube, TikTok & Twitter Over Crypto...
Is it Too Late to Buy Ethereum? ETH Price Falls after Twitter Founder Jack Dorsey Says Ethereum is a Security – Here's Why yPredict AI Crypto Signals Platform
8.6.2023
In the world of cryptocurrencies, stability is a luxury and now Ethereum (ETH), the world's second-largest cryptocurrency, has found itself at the heart of an escalating debate over regulatory clarity following a wave of enforcement actions by the U.S. Securities and Exchange Commission (SEC).
The...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In as Crypto Prices Recover – Here's Where SHIB is Heading Now
8.6.2023
Shiba Inu (SHIB) price predictions remain bearish despite a surge in trading activity that, according to CoinGecko, saw more than $100 million in SHIB tokens change hands over the last 24 hours.
That’s because Shiba Inu’s technical picture is still looking very ugly, with the crypto token current...
Cut the Jargon, Keep Your Promises: How Crypto Can Fix Its Image Problem
8.6.2023
Consensus 2023 attendees argued that improving crypto's image requires a clearer explanation of digital assets and a focus on tangible, user-centric products and services
Banks Have Come to the Metaverse
8.6.2023
JPMorgan, HSBC and others have created metaverse-native banking experiences, hoping to entice a new generation of clients
Asset Manager Schroders in Search of Crypto Custodian for Digital Asset Push
8.6.2023
Schroders Plc, an asset management firm with over $900 billion in assets under management, is venturing into crypto and is actively searching for a third-party custodian to support its digital asset expansion.
According to a recent Bloomberg report that cited “people with knowledge of the matter,”...
ConsenSys’ MetaMask Institutional Integrates With Custody Tech Provider Fireblocks
8.6.2023
The partnership, scheduled to go live June 12, will offer greater DeFi and Web3 Access to builder and institutional investors
Crypto.com Integrates With CoinRoutes Smart-Order Routing System
8.6.2023
The integration is part of CoinRoutes’ bid to expand liquidity access for its clients
Korean Prosecutors Target Terra Founder Do Kwon's Crypto Assets Amid Multi-Country Legal Issues
8.6.2023
Korean prosecutors are targeting the cryptocurrency assets of Do Kwon, the founder of failed blockchain project Terra.
Kwon allegedly funneled tens of millions of dollars out of Luna Foundation Guard (LFG), which he set up to help defend his now-defunct stablecoin TerraUSD's peg to...
Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges
8.6.2023
The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours