SEC Urges Investors to Be Cautious With Crypto Securities

March 23, 2023
The Last Cryptocurency
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CoinDesk Feed

The regulator’s warning comes the day after Coinbase (COIN) disclosed the SEC issued it a Wells Notice indicating a possible imminent enforcement action tied to the exchange listing of potentially unregistered securities. Coinbase’s Nasdaq-listed shares were hit hard by this news, slumping as much as 20% in early trading on Thursday. At the time of writing, they are have recovered around half of their losses, down 10% at $69.32.

A key manufacturer feeding Crypto Twitter’s tungsten craze is auctioning off a non-fungible token (NFT) tied to the largest tungsten cube it has ever made.The NFT’s title says it all: “The Tungsten Cube - 14 inch, ~1,784 lb cube held in Willowbrook, Illinois, USA by Midwest Tungsten Service.” Bidding on OpenSea begins Friday, e-commerce director…

Paxful Plans to Bring 20 Crypto ATMs to Colombia

news A partnership between two cryptocurrency firms could bring 20 new bitcoin ATMs to cities around Colombia. The bitcoin exchange, Paxful, and crypto ATM company, CoinLogiq, announced the partnership Sept. 5. By integrating the Paxful kiosk feature with CoinLogiq hardware, users will be able to purchase BTC using cash, credit and online debit transfers. According…

This Meme Marketplace Uses Dummy Tokens to Draw Users in a Bear Market

Memes are a pretty important part of the crypto ecosystem – how else would crypto visionaries display their wit and sometimes passive aggressivity? It's no wonder then that District0x's Meme Factory is seeing quite the buzz. Not only did District0x raise $9 million in an initial coin offering last year, backed by Boost VC and CoinFund,…

Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading

The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures Trading Commission (CFTC) said in a Wednesday statement.In concluding what had been the CFTC’s…

Mark Cuban-Backed Unikrn ICO Hit by Class Action Lawsuit

Unikrn, an e-sport betting firm that conducted an ICO last year, is now facing a class action suit that accuses it of violating US securities law.

Ethereum Mining Pool Receives Mysterious $300K Blockchain Payout

news Ethereum mining pool Sparkpool received a payout of over 2,000 ETH (worth $300,000) just for mining one block on the ethereum blockchain Tuesday – a figure that’s about 600 times the network’s standard block reward. Miners who secure blocks are programmed to be awarded 3 ETH (about $500) for every new transaction block added…

What the Next 4 Years of Ethereum Look Like

news Yesterday, ethereum celebrated its fourth birthday. Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and native programming language able to deploy code of any algorithmic complexity. “Before ethereum, developers had to…

Around 100 Italian Banks Are Officially on a Blockchain

Oct 13, 2020 at 21:20 UTCItalian euro cents coins(Samuele Schirò/Pixabay )After the latest addition of 42 banks, about 100 Italian banks are officially operating on the country’s banking blockchain network, Spunta, built on R3’s Corda, the Italian Banking Association (ABI) announced Tuesday. Banks first joined the blockchain project designed to improve interbank data transfer and settlement…

Cryptocurrencies Continue to Outperform the Stock Market: Canaccord

Digital assets continue to outperform equities this year, the report said. Canaccord said bitcoin's dominance should decline given the lesser need for an inflation hedge, but it still performs like other risk assets for now. If bitcoin follows historical patterns post halving a rally could start between now and April, the broker said. The digital

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