SEC moves its former top crypto cop Tenreiro to IT office: Report
The Securities and Exchange Commission has reassigned its top litigator to the agency’s computer management office, The Wall Street Journal reports.
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Sam Bankman-Fried denies report FTX plans to purchase stake in Huobi
“We are not planning to acquire Huobi,” said Sam Bankman-Fried, who manages assets at Alameda Research and leads crypto exchange FTX. 215 Total views 3 Total shares Global crypto exchange FTX will not be acquiring a majority stake in Huobi, according to CEO Sam Bankman-Fried, or SBF. In a Monday tweet, SBF explicitly denied a Bloomberg report…

5 things crypto must get right for mainstream adoption to happen
Crypto functions much like traditional fiat money, offering an easy way to pay for goods and services and compensate workers for their labor. What’s even more promising is that crypto offers a number of benefits over fiat, with its decentralized nature eliminating the need for centralized intermediaries. Depending on the blockchain, transactions can be processed…

Ethereum’s bearish U-turn? ETH price momentum fades after $1.6K rejection
Ethereum's native token Ether (ETH) tumbled on July 26, reducing hopes of an extended price recovery. The ETH/USD pair dropped by roughly 5%, followed by a modest rebound to over $1,550.Ethereum gets rejected at $1,650 These overnight moves liquidated over $80 million worth of Ether positions in the last 24 hours, data from CoinGlass reveals.ETH/USD hourly…

‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic. 190 Total views 13 Total shares New research from blockchain analytics and crypto compliance firm Elliptic has revealed the extent to which cross-chain bridges and decentralized exchanges (DEXs) have removed barriers for cybercriminals.In an Oct.…

SBI’s Crypto-Focused Venture Capital Arm Sees Major Turnaround On Year
SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the year.Japanese financial services giant SBI Holdings released its new financial report on Oct. 30. The report analyzed results for the six-month period ended…

Bitcoin Worth Over $9,200 as Top Cryptos See Growth
Friday, June 14 — Most of the top 20 cryptocurrencies are reporting moderate growth on the day by press time, as bitcoin (BTC) crossed the $9,200 mark.Market visualization courtesy of Coin360Bitcoin is currently up over 6% on the day, trading around $9,250 at press time, according to Coin360. Looking at its weekly chart, the coin…

Bitcoin traders see $54K BTC price or lower amid Middle East tensions
BTC price expectations get flipped on their head as geopolitical uncertainty rocks Bitcoin and risk assets.

OpenSea set to integrate Solana in April, further expanding the NFT ecosystem
Magic Eden is currently holding a monopoly in the Solana NFT space, but expect OpenSea to attempt to encourage their consumer base onto their platform following this launch. 67 Total views 33 Total shares NFT marketplace OpenSea has announced an upcoming integration of the Solana (SOL) blockchain within its platform, a long-awaited move that industry…