SEC scores partial win against blockchain firm Opporty over $600K ICO

Australian crypto exchanges have praised plans from the Australian Treasury to regulate cryptocurrency exchanges under pre-existing financial services licensing measures.In an Oct. 16 consultation paper, the Treasury outlined a new suite of proposed regulations, that suggested regulating cryptocurrency exchanges under existing financial services rules as well as introducing a wealth of new guidelines for all

The developers behind the project noted that the deployment of RSS3 could take up to 6-8 months. 80 Total views 1 Total shares Really Simple Syndication (RSS), the first information distribution protocol that saw massive adoption across the internet is all set to take on Web3 with a decentralized information processing protocol called RSS3.In a…

Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services. 173 Total views 2 Total shares Square CEO Jack Dorsey has stated that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin.Dorsey made the announcement via Twitter earlier today,…

The United States Securities and Exchange Commission (SEC) has yet again officially stated that Bitcoin (BTC) is not a security.In a letter to Cipher Technologies Bitcoin Fund dated Oct. 1 the SEC declined the investment company’s registration statement on the grounds (among others) that Bitcoin is not a security. Per the letter, Cipher attempted to register…

Cointelegraph Consulting releases some trends and insights featured in their “DeFi Adoption 2020: A Definitive Guide to Entering the Industry.” The majority of DeFi projects believe the industry is far away from maturity, but they are sure that mainstream adoption is likely to occur. This was disclosed on Sept. 21 when Cointelegraph Consulting released the…

The Chicago Mercantile Exchange (CME) Bitcoin (BTC) futures have been trading below Bitcoin’s spot price on regular exchanges since Nov. 9, a situation that is technically referred to as backwardation. While it does point to a bearish market structure, there are multiple factors that can cause momentary distortions.Typically, these CME fixed-month contracts trade at a…

Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts.

In Israel, the number of blockchain and crypto-related companies increased by 32% in 2019, according to a report from the Israeli Bitcoin Association published on Dec. 30.The report revealed that there were 150 active companies in the field in 2019, while at the end of 2018, the number was 113. Out of the 113 companies,…

In July 2024, Circle became the first stablecoin issuer to comply with the European Union's Markets in Crypto Assets regulatory framework.