SEC commissioners slam agency after $750K FlyFish Club NFT settlement
SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment.
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Indian crypto exchange execs intensify lobbying efforts to prevent ban
Cryptocurrency exchange operators in India are attempting to dissuade the government from banning digital currencies. 1667 Total views 13 Total shares Nischal Shetty, CEO of Indian crypto exchange WazirX, and other stakeholders in the industry are reportedly working toward convincing the government to adopt more nuanced cryptocurrency regulations.According to a report by The Economic Times,…

Crypto Markets Teeter on New Year’s Eve, With Mostly Losses Across the Board
Monday, Dec. 31 — on the cusp of the new year, all but one of the top 20 cryptocurrencies by market cap are in the red, as data from Coin360 shows. Losses among the larger cryptos are tempered, with most losing 2-3 percent, and losses capped at 6 percent.Market visualization by Coin360Bitcoin (BTC) has seen…

Revoke adds new feature after users complain of fake approvals scam
Scammers have found a new way to make crypto by luring users into revoking fake approval transactions. Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees. On July 9, Revoke.cash stated that…

It's time to ditch Bitcoin Power Law Theory
The Bitcoin Power Law Theory relies purely on mathematics. It doesn't account for the human nature of how Bitcoin is traded.

Crypto markets rally as inflation rages at 30-year high
In an inflationary environment, assets like Bitcoin appear more attractive to investors. The BTC price rallied to a new all-time high on Wednesday. 3261 Total views 58 Total shares Cryptocurrency markets rose to record highs on Wednesday, as investors continued to pile into Bitcoin (BTC) and alternative coins against a backdrop of surging inflation in…

Huobi to Launch Regulated Thailand-Based Crypto Exchange in Q3 2019
Huobi’s Thailand-based subsidiary has sealed the country’s fifth official license to operate a fully-regulated digital asset exchange.An official July 24 announcement from Huobi Group —the operator of Singapore-based flagship exchange Huobi Global — revealed that Huobi Thailand is expected to launch in Q3 2019, offering both regulated crypto-crypto trading and fiat on-ramps. Global expansionHuobi Thailand will…

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,…

Can Crypto Exchanges Ever Be Truly Decentralized?
Earlier this week, British-American entrepreneur John McAfee, who is currently living “in exile” due to tax-related charges filed against him by the United States authorities, launched his own decentralized exchange (DEX). The expressive crypto advocate’s McAfeedex.com is running on the Ethereum (ETH) blockchain, and, in McAfee’s own words, it is a “Wild Wild West exchange” that…