SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy

The proposal would effectively transfer control of WBTC to Threshold. 

According to BNB Chain, MetaMask was averaging recommended fees from multiple networks, causing opBNB recommended fees to be too high. 110 Total views 2 Total shares A "glitch" in MetaMask that caused it to overestimate opBNB gas fees has now been fixed, according to a social media post from BNB Chain. Many users pay the

After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country. 734 Total views 32 Total shares Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto winter.SBI Holdings suspended mining operations in Russia’s crypto…

Trading veteren Peter Brandt has taken aim at Tether, advising traders not to ‘hold it overnight’ as it was riskier than ‘the Nigerian Trinket’. 1951 Total views 35 Total shares Renowned veteran trader Peter Brandt has compared holding Tether (USDT) to the risk of holding ‘the Nigerian Trinket’.In a tweet earlier today, Brandt took aim…

The United Arab Emirates has adopted a favorable approach towards crypto. Now, its postal operator is issuing NFTs to commemorate National Day. 437 Total views 17 Total shares The United Arab Emirates’ postal operator is issuing nonfungible token (NFT) stamps to commemorate the federation’s 50th National Day, offering further evidence that digital collectibles are gaining…

Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the SEC. 261 Total views 1 Total shares The United States securities regulator has delayed the decision on several spot Bitcoin exchange-traded fund (ETF) proposals, including BlackRock, ahead of an anticipated government shutdown. Invesco, Bitwise and Valkyrie are the other three firms that

Bitcoin (BTC) could undergo one last bear market capitulation if "whales" — addresses that hold more than $1 million worth of Bitcoin — ramp up their selling pressure, according to on-chain analyst Willy Woo.Room for another Bitcoin drop?Woo assessed the average price at which short-term investors entered the Bitcoin market across history and charted the daily change…

Numerous governments are attempting to ban cryptocurrencies, with recent examples from China, India, Turkey and Nigeria. The reason for doing so is simple: The decentralized nature of cryptocurrencies poses a threat to the legacy financial system, and as the technology itself is still in its infancy, it seems to attract hackers. Even so, banning crypto…