18 US states file lawsuit against SEC, Gary Gensler: Law Decoded

Top Stories This Week US SEC deems spot Bitcoin ETFs filings as inadequate There may be a longer wait for a spot Bitcoin exchange-traded fund (ETF) in the United States, as the Securities and Exchange Commission labeled investment managers’ recent applications inadequate. The SEC told the Nasdaq and the Chicago Board Options Exchange that their…

Even for crypto industry veterans, the role and functionality of instant crypto exchanges may be unfamiliar. You won’t see the likes of Changelly, Shapeshift and ChangeNOW on CoinMarketCap’s top exchanges list, and the name itself isn’t terribly descriptive. So what is an instant crypto exchange? An instant crypto exchange is an exchange solution, which typically…

The world’s largest crypto exchange, Binance, faced a series DDoS attacks on its Chinese domains on April 29. 2831 Total views 51 Total shares The world’s largest cryptocurrency exchange, Binance, has faced a series of distributed denial of service, or DDoS, attacks on its Chinese domains earlier today.Binance CEO and founder, Changpeng Zhao, or CZ,…

It's been almost one year since the start of the ecosystem's signature parachain auctions. 386 Total views 3 Total shares According to data from programming repository GitHub, Polkadot recognized more than 500 contributions each day in September — an all-time high for the multichain protocol. Simultaneously, data from Polkadot's cross-consensus interoperability standard XCM show that…

Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. 2224 Total views 4 Total shares Institutions are holding their breath when it comes to buying more Bitcoin (BTC), even at $34,000.According to data covering BTC balances on major exchange Coinbase, little mass buying has occurred…

Swiss and US-based blockchain cloud computing startup DFINITY has closed a new funding round worth over $100 million from repeat backers including Andreessen Horowitz, it confirmed August 29. DFINITY, which aims to build what it describes as an “Internet Computer,” raised a total of $102 million Swiss francs ($105 million) from partners that also featured…

Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to push the price above $9,300. Crypto market weekly price chart. Source: Coin360In the United States, this weekend includes the Memorial Day holiday, meaning traditional…

According to Bloomberg, the nine DeFi assets selected for the index at launch were based on "institutional trading and custody readiness" in the United States. 295 Total views 5 Total shares Financial news site Bloomberg and Galaxy Digital Management have expanded their crypto offering to track the performance of the decentralized finance space.In a Thursday…

A report published by Emsisoft revealed a strong decline in successful ransomware attacks during Q1 and Q2 2020. 1186 Total views 16 Total shares The number of successful ransomware attacks witnessed a decrease between January and April 2020 in the U.S. public sector amid the COVID-19 crisis. However, researchers have recently noticed that trend reversing,…