SEC Chief Got Into ‘Heated’ Debate on Crypto

markets Litecoin has rallied sharply in the first six weeks of 2019, triggering speculation that investors may be pricing in a supply reduction that’s scheduled to occur in August. The world’s fourth largest cryptocurrency by market capitalization is currently trading at $44, having clocked a high of $47 last week. At that price, LTC was…

Judge Lewis Kaplan, the federal judge overseeing the federal criminal case against Sam Bankman-Fried, has a decision to make.The U.S. Department of Justice and Bankman-Fried's defense team filed their proposed jury instructions, which they hope Judge Kaplan will adopt after witness testimony wraps up in the coming weeks, early Thursday evening. The judge can adopt

news Tyler and Cameron Winklevoss’ Gemini crypto exchange just added off-chain and over the counter trade negotiations on its platform. The features come via Gemini Clearing, an electronic settlement system. According to the firm’s blog posting, Gemini Clearing allows Gemini accounts to negotiate and settle trades between Gemini accounts. “Such trades can either be arranged…

Coinbase earnings are expected to come in strong based on the resilience of retail trading activity on the exchange.But some warned Coinbase’s revenue from the USDC stablecoin could decline, and the SEC’s lawsuit against the exchange could hurt trading volumes.Traders of Coinbase (COIN) are likely in for a better-than-expected earnings report for the second quarter,…

Crypto exchange Binance today said it had set up Lightning nodes on the Bitcoin network to eventually offer Lightning-based bitcoin deposit and withdrawal services to users, as per a Tuesday tweet.“Binance is working to integrate the Bitcoin Lightning Network for deposits and withdrawals,” the exchange tweeted. “However, there's still more tech work to be done.…

Apr 23, 2020 at 08:00 UTCPrivate investment firm Arctos Capital has acquired $1 million in assets from Blockware Mining LLC, but will lease them back to the company so it can continue operating as usual.Arctos Capital, the general partner of the Arctos Capital Cryptoasset Credit Fund, is a commercial lender that provides financing for mining…

A small band of Ethereum miners are trying to pick off larger mining pools’ subscribers in a bid to shoot down EIP 1559. (Shutterstock)Jan 21, 2021 at 8:32 p.m. UTCMinority Mining Pools Threaten to Collude Against Contentious Ethereum UpdateEthereum miners have formed a cartel of sorts to thwart the implementation of a now contentious proposal…

news If ethereum is the protocol for decentralized global finance, then it’s going to need a lending tool built just for crypto. That’s the thesis of Dharma Labs, which built the Dharma protocol for decentralized lending businesses. Its first product, Dharma Lever, is in a closed alpha release now, enabling loans for traders and large…

A Hong Kong lawmaker invited global virtual asset trading operators, including crypto exchange Coinbase, to come and register in the region.Hong Kong's Securities and Futures Commission (SFC) began accepting applications for crypto trading platform licenses on June 1. Crypto firms which get registered under this license will be able to serve retail customers in the…