SEC will not pursue enforcement action against Paxos
The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.
Related Posts
From lunch to Solana: Here’s the story of the NFT ATM in New York
NFTs would enable artists to create new ways to build relationships with and monetize their audience, says Jordan Birnholtz. 129 Total views 2 Total shares In a new twist for nonfungible tokens (NFTs), Solana-based NFT marketplace Neon deployed an NFT ATM in the financial district of New York, giving people a very familiar way to…
Twitter rival Mastodon active user base increases by 100+k
A day after Twitter implemented new restrictions on the number of posts users can view, the rival platform Mastodon reported a major increase in traffic numbers. A day following Twitter’s new limits on the number of posts users can see according to their verification status, a rival to the social media company called Mastodon reported…
Bitcoin metrics ‘improve bullish odds’ as BTC price holds 200-week trendline
Bitcoin (BTC) continues to hold key support which new analysis says “improves bullish probabilities.”In an X (formerly Twitter) thread on Oct. 17, Caleb Franzen, senior analyst at Cubic Analytics, drew attention to two moving averages now forming the BTC price battleground.Analysis: Enduring Bitcoin support “a great sign”Bitcoin is wedged between the 200-week simple moving average
3 technical analysis strategies that help confirm winning trades
Cryptocurrency trading has evolved from the perception of simply being a game of chance to a strategic process. Successful traders rely on a combination of technical analysis, specific indicators and metrics to find trades with a high probability of profit.Before explaining the three technical analysis strategies that can help confirm a winning trade, let’s first…
Bitcoin miners’ worst days may have passed, but a few key hurdles remain
Bitcoin’s mining industry has been relatively stable compared to the bearish price action and the tumultuous fallout of exchanges and lending companies. The network’s hashrate dipped slightly toward the end of 2022, primarily due to an unprecedented blizzard in the U.S., and has since recovered strongly to surpass its previous peak above 270 EH/s. It was…
What the COVID-19 pandemic means for blockchain and crypto
In March 2020, COVID-19 was declared by the World Health Organization to be a pandemic. Just over six months after that declaration, there have been almost 33 million cases of the disease worldwide and nearly 1 million deaths. While most of the stories from the pandemic involve its astronomical cost in terms of human life…
Wirecard Folds: A Blow to Crypto Cards, but a Chance for Blockchain
Some of the most impactful frauds in modern history, from the Enron scandal to the Bernie Madoff investment scheme, were carried out by malignant actors inside or at the helm of corporate entities who manipulated the tangled, esoteric financial records. This is precisely the kind of behavior blockchain technology is designed to obliterate.The rapid demise…
Nifty News: Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more
New logo slated for Yuga’s dog-themed NFT collectionThe logo for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after recently surfaced allegations of intellectual property theft.Yuga co-founder, Greg Solano, more widely known as “Garga” tweeted on Feb. 18 that the BAKC logo would be changing and…