SEC Chair Gary Gensler to step down
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
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Top 5 cryptocurrencies to watch this week: BTC, MATIC, NEAR, ATOM, HNT
After staying above $50,000 on Christmas day, Bitcoin (BTC) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the Binance exchange. Data analysis account Material Scientist said that Binance’s inflows could be due to “a new player.” Although Bitcoin is almost certain…
Montenegro justice minister approves Do Kwon’s extradition to US
Do Kwon was apprehended by law enforcement in Montenegro in June 2023 after attempting to flee the country with a false passport.
Crypto ‘best place’ to store wealth during Fed rate hike: Pantera CEO
"I think when all’s said and done, investors will be given a choice: they have to invest in something, and if rates are rising, blockchain is going to be the most relatively attractive," said Dan Morehead. 1039 Total views 7 Total shares The CEO and founder of leading blockchain venture fund Pantera Capital, Dan Morehead,…
Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely software’
According to CLO Daniel Schoenberger, the team developed a “workable theory of how token morphing may be achieved” for DOT based on the SEC’s concerns and federal securities laws. 357 Total views 3 Total shares The entity supporting research and development of Polkadot as well as overseeing fundraising efforts for the blockchain has argued that…
UpBit Promises Swift Reimbursement, Theories Over Missing Funds Swell
On Nov. 27, major South Korean cryptocurrency exchange UpBit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting an inside job, although experts are skeptical of the theory after analyzing the incident.The platform’s operator has promised to…
EU’s MiCA bill set to shape global stablecoin regulations — Binance
While MiCA is seen as a net positive for stablecoin regulation, it introduces consolidation concerns, especially among small crypto firms.
Crypto Merchant Bank Galaxy Digital Lost $134 Million in The First Quarter of 2018
Mike Novogratz’s crypto-focused merchant bank Galaxy Digital released its first quarter report for 2018, posting a $134 million loss as cryptocurrency markets slumped, according to Bloomberg July 26. Galaxy Digital lost $13.5 million in its trading business, with $85.5 million of unrealized loss on digital assets, $1.1 million in paper losses on investments, and $22.9…
PundiX (NPXS) surges 130% in two days: What’s driving the rally?
NPXS, the native token of PundiX, a cryptocurrency point of sale (PoS) solution provider, has seen a massive surge in price over the past 48 hours.In merely two days, the price of NPXS rose by more than 130% on Binance, outperforming most major cryptocurrencies on the exchange.There are three key reasons behind the rally: the…