SEC Chief Got Into ‘Heated’ Debate on Crypto

OKX, the third-largest crypto exchange, withdrew its application to operate in Hong Kong.The exchange joins a growing number of applicants to have withdrawn from the approval process.02:13Key Events You Shouldn't Miss at Consensus 202411:19What to Expect From Consensus 202413:29Will Solana and Altcoins Dominate the Market Next?07:15OKX, one of the largest crypto exchanges, said it withdrew

Aug 24, 2020 at 10:49 UTCCFTC report data on bitcoin futures (chart via Skew)Leveraged Funds Take Record Bearish Positions in Bitcoin FuturesBearish bets in bitcoin futures from leveraged funds recently rose to record highs on the Chicago Mercantile Exchange (CME) – though that doesn’t necessarily imply a fresh sell-off is coming. In the week ended…

news Five Canadian banks now let customers digitally verify their identities in a “privacy-enhanced and secure way” using blockchain technology. For the effort, Canadian Imperial Bank of Commerce (CBIC), Royal Bank of Canada (RBC), Scotiabank, Toronto–Dominion (TD) Bank and Desjardins Group have integrated with a mobile app called Verified.Me, developed by SecureKey Technologies. SecureKey announced the news…

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Dec 15, 2019 at 17:30 UTCUpdated Dec 16, 2019 at 03:35 UTCAlex Gladstein, Chief Strategy Officer at the Human Rights FoundationDissidents and Activists Have a Lot to Gain From Bitcoin, if Only They Knew ItThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state…

A proposal by bankrupt crypto exchange Bittrex for returning customer cash and crypto faces a legal challenge from the U.S., which is still owed millions for sanctions violations, according to a Wednesday court filing.The firm's U.S. arm filed for bankruptcy on May 8 after regulators accused it of operating an unlawful securities exchange and after…

Jun 29, 2020 at 18:44 UTCBitcoin, considered as stable as the rock of Gibraltar compared to other cryptocurrencies, could be in for some turbulence in the next three months. (emperorcosar/Shutterstock)Bitcoin may seem to be more volatile than traditional assets but in crypto markets it is considered relatively stable compared to alternative cryptocurrencies.  Bitcoin (BTC) is…

Craig Wright's legal team denied the Crypto Open Patent Alliance's arguments in its closing argument Wednesday. COPA took Wright to court last month to try and prove he is not Satoshi Nakamoto, the creator of Bitcoin.Craig Wright's team started its closing submissions on Wednesday by rebutting the Crypto Open Patent Alliance's fraud allegations against Wright

Binance founder and former CEO Changpeng Zhao (CZ) cannot return to the United Arab Emirates before his sentencing, a federal judge ruled Thursday night. Zhao, who pleaded guilty to one charge of violating the Bank Secrecy Act last month, is set to be scheduled in February 2024. He was released on a $175 million personal