Crypto firms brace for intensified SEC, CFTC action after regulator warning

May 10, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

The CFTC warned of another cycle of enforcement actions against crypto firms as investor interest rises.

The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation. Some of the names are not new, while others showed progress significant enough to include…

Huobi Strategic Partner HBUS Launches API for Large-Scale US Traders

HBUS, the U.S. “strategic partner” of Chinese cryptocurrency exchange Huobi, confirmed the release of its API for “experienced traders” in some U.S. states, according to a press release shared with Cointelegraph. HBUS highlighted that the API was geared to high-volume users who required live pricing data and other tools. In addition to price tracking, the…

IDA integrates HKDA stablecoin with Chainlink for secure cross-chain use

IDA Finance’s use of Chainlink Proof of Reserves and CCIP products aims to boost cross-chain operability and asset security.

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Aussies lost $122 million to crypto scams in the last 12 months: AFP

The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.

Casa Releases Self-Custody Bitcoin Wallet Focused on Privacy

Crypto custody firm Casa unveiled a new wallet that offers access without a seed phrase and gives users a way to check on their private keys. 761 Total views 28 Total shares New York-based crypto custody startup Casa has released a new wallet for Bitcoin newbies and long-term HODLers. In a Casa blog post on June…

PayPal Bitcoin Rumor Boosts $12K BTC Price Rally Chances

Bitcoin (BTC) coming to PayPal and Venmo may be just a rumor, but some of the cryptocurrency’s best-known names are turning bullish.As the news hit that the payment processor was allegedly planning crypto buying and selling for its 305 million users, BTC/USD spiked to test resistance at $9,600.Keiser: PayPal will fuel “global hash war”Despite PayPal…

New York Crypto Task Force: Industry, Government to Review Regulations

In late July of 2019, the New York State Assembly appointed six members to its Digital Currency Task Force, claiming to be the first state-drafted crew across the United States to deal with cryptocurrencies and blockchain. While it is unclear if the influx from Facebook's Libra has hastened the NY legislators to assemble the team,…

ProShares Bitcoin-linked ETF launches on NYSE as BTC price rises above $63K

The price of Bitcoin rose to a five-month high of $63,293 following shares of ProShares’ ETF opening for trading. 1305 Total views 24 Total shares The first Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the New York Stock Exchange, opening at a price of $40 per share.According to the New York…

Investors Turn Bullish as Bitcoin Exchange Reserves Drop to 1-Year Low

Bitcoin reserves on cryptocurrency exchanges sank to a 12-month low, indicating investors are accumulating BTC. 1579 Total views 49 Total shares According to data from glassnode, Bitcoin reserves on cryptocurrency exchanges fell to a 12-month low. This coincides with a reported mass outflow of BTC from Coinbase.On June 6, various media outlets reported that Coinbase…

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