SEC drops Ethereum investigation to avoid ‘embarrassing’ court case

Agustín Carstens has called for cryptocurrencies to be subject to more regulations while arguing that virtual currencies have not made a significant dent in global finance. 1155 Total views 8 Total shares Agustín Carstens, general manager of the Bank for International Settlements, has called for even more crypto regulations stating that virtual currencies are a…

The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into "culture, gaming and commerce" within the Web3 sphere.The asset has been developed and launched by the ApeCoin decentralized autonomous organization (DAO), a distinguished entity from Yuga Labs, who have established…

Positive moves are being made for investor sentiment in the cryptocurrency space despite a year-long bear market.This comes after $40 million was raised by cryptocurrency investment firm Morgan Creek Digital, which is headed up by its founder, Anthony Pompliano. The crypto-focused hedge fund is part of Morgan Creek Capital, which manages over $1 billion in…

Facebook is taking a much more careful approach to Libra than its previous projects, CEO Mark Zuckerberg has confirmed. Zuckerberg on Libra: Talking first, rollout secondSpeaking in an interview with Asia-based news outlet Nikkei on Sept. 26, Zuckerberg appeared to show a rare display of fear in the face of mounting regulatory scrutiny of Libra. Facebook’s digital…

French hardware wallet producer Ledger is set to provide its secure crypto infrastructure solution to regulated Canadian crypto exchange National Digital Asset Exchange (NDAX), according to a press release shared with Cointelegraph on April 29.NDAX — which offers crypto asset trading services for both retail and institutional clients — will use Ledger’s institution-grade wallet management…

A top executive at private Swiss private banking Julius Baer says cryptocurrencies are still at the stage of a “Darwinian” process of selection.In an interview with Arabian Business on Oct. 29, Christian Gattiker-Ericsson — Julius Baer’s chief strategist and head of research and investment solutions — argued that:“We are still in this Darwinian selection process…

The Bitcoin price could increase by over two-fold based on a key bull signal historically correlated with price rallies.

The average value and volume of transactions conducted on the BTCM platform increased by 48% and 118 percent in 2021, with the average daily orders increasing by 42%. The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the…