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Today in Crypto: US SEC Candidates Unwilling to Divest Crypto Assets, BSC Ranks 4th in Q3 Fiat Losses
7.11.2023
Source: AdobeStock / MuhammadIlyas Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Career news The US Securities and Exchange Commission (SEC) is having trouble hiring crypto experts –...
Coinbase Adds Four National Security Experts to its Global Advisory Council
7.11.2023
Coinbase has added four national security experts, including former U.S. Secretary of Defence Dr. Mark T. Esper, to its Global Advisory Council
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
7.11.2023
The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies
SEC Inspector General says prohibition on crypto ownership hinders agency hiring
6.11.2023
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc
XRP Price Pumps 16%, Eyes Test of Yearly Highs Near $1.0 as Crypto Community Discusses Potential 99.9% Victory for Ripple Versus SEC
6.11.2023
The US Security and Exchange Commission (SEC)’s losing streak in its ongoing lawsuit versus US fintech company and the creator of the XRP cryptocurrency Ripple Labs continued last week. That’s according to a tweet by Ripple Labs’ Chief Legal Officer Stuart Alderoty, who said last...
3 reasons why Ethereum price is underperforming altcoins
6.11.2023
Eth price trades at a key resistance level, but data highlights why the altcoin could struggle to hold $1,900
SEC Clashes With Do Kwon and Terraform Labs in Court, Alleging ‘Clear, Undisputed’ Fraud
6.11.2023
Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion of its own, asserting the accountability of both...
Musk’s Plans for X, Celebrating Satoshi’s Seminal White Paper, Bitcoin ETF Predictions, and More — Week in Review
5.11.2023
In this week’s top crypto news, Elon Musk talks about making social media platform X into something of a financial monolith, Bitcoin.com News celebrates the 15-year anniversary of the Bitcoin white paper with a look at Satoshi’s seminal and groundbreaking work, and more exchange-traded...
Crypto lawyer says $20M settlement is 99.9% win for Ripple
5.11.2023
Deaton strongly refuted the idea that the lawsuit’s result was an even 50-50 outcome for the SEC, asserting that it leaned closer to a 90-10 advantage in favor of Ripple
A Tale of 2 SEC Commissioners
3.11.2023
Valkyrie Anticipates Approval of Spot Bitcoin ETF by SEC This Month
3.11.2023
The Securities and Exchange Commission (SEC) may finally approve the long-awaited spot bitcoin exchange-traded fund (ETF) as early as this month, according to Valkyrie’s chief investment officer, Steven McClurg. Bitcoin’s price has rallied over the past few months in anticipation of...
SEC Faces Criticism from Democrat Lawmaker Over Handling of Crypto Accounting Bulletin
3.11.2023
The US Securities and Exchange Commission (SEC) is under scrutiny after Democratic lawmaker Rep. Wiley Nickel from North Carolina criticized the agency’s management of a controversial bulletin concerning the accounting of companies’ crypto holdings. Rep. Nickel has voiced concerns about...
Coinbase Exceeds Analyst Expectations with Q3 Revenue of $674.1 Million
3.11.2023
Coinbase reported a narrower net loss of $2 million in the third quarter and a total transaction volume of $76 billion, despite a year-on-year increase in revenue, even in the face of lower trading volumes. According to a Nov. 2 earnings statement, the company’s total revenue increased...
SEC seeks summary judgment in Do Kwon and Terraform Labs case
3.11.2023
The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities
SEC Seeks Summary Judgment in Do Kwon and Terraform Labs Case, Citing Lack of Material Dispute for Trial
3.11.2023
The U.S. Securities and Exchange Commission (SEC) has requested a federal judge for a summary judgment in its case against Do Kwon and Terraform Labs. The SEC has argued in its filing that there is “no genuine dispute as to any material fact” in their case against Do Kwon and Terraform...
SEC Asks Court for Summary Judgement Against Do Kwon, Terraform
3.11.2023
The request follows a move by Kwon's defense team to do the same
Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’
3.11.2023
The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day and another court finds that the SEC again acted...
Bitcoin price cools off, but ‘You can never have too much Bitcoin, says Saylor
2.11.2023
BTC price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on Bitcoin
Will Hashdex's 'Undeniable' Distinctions Help Win Bitcoin ETF Race? Some Analysts Think So
2.11.2023
ETF analysts watching the spot-bitcoin ETF race appear to be backing Hashdex's modified application more than any other
Paypal Faces SEC Scrutiny Over New Stablecoin PYUSD, Cooperates With Document Production Request
2.11.2023
After releasing its new stablecoin PYUSD, the payments giant Paypal disclosed that the U.S. Securities and Exchange Commission (SEC) subpoenaed the company concerning the stablecoin. Paypal stated in its Form 10-Q for the third fiscal quarter that it had been asked to produce documents for the...