Despite the wave of market failures in 2022, the Philippines’ monetary regulator has chose not to rush a legal structure on the crypto market, atfirst prepared to be released in late2022 However, work on the standards is continuous, and the results might be made public this year. Cited in a regional media outlet, the chairman […]
The dynamic convergence of game theory and social media is a rapidly growing space in the cryptocurrency world. Ivars Indriks, the founder and CEO of HundrX, a pioneering Web3 layer for Twitter, offers valuable insights into the gaming industry’s evolution over the past seven years and presents a compelling case for how insights from this […]
Professionals from various parts of the crypto sector have responded to the United States Securities and Exchange Commission’s (SEC) recent actions against some of the biggest crypto exchanges, Binance and Coinbase. On June 5, the SEC filed a lawsuit against Binance for allegedly offering unregistered securities. Only a day after filing the Binance suit, the […]
The United States Securities and Exchange Commission’s (SEC) suit versus Binance might damage the crypto exchange’s service chances in South Korea. A report published in a South Korean everyday recommends that the Financial Service Committee (FSC) — the nation’s monetary guarddog — is evaluating Binance’s acquisition of regional crypto trading platform Gopax. Binance gotten a bulk […]
The United States Securities and Exchange Commission (SEC) hasactually submitted another file in its claim versus Binance.US, stating financiers’ funds are at threat. In the filing wentinto on June 5, the regulators claim that the offenders, consistingof Binance CEO Changpeng Zhao and Binance Holdings Ltd., “have enriched themselves by billions of U.S. dollars while putting […]
The United States House of Representatives Financial Services Committee hasactually setup a hearing on crypto to talkabout its future and supply clearness for the digital possessions environment. On June 6, Representative Patrick McHenry, the House Financial Services Committee chairman, revealed a complete committee hearing entitled “The Future of Digital Assets: Providing Clarity for the Digital […]
The United States securities chair has hinted at “parallels” inbetween crypto exchange Binance and collapsed exchange FTX — specifically their declared usage of sis companies to relocation funds. Speaking to Bloomberg on June 6, the U.S. Securities and Exchange Commission chair Gary Gensler, pointed to FTX’s declared scams and control concerning its sibling company Alameda […]
A number of memecoins illustration their similarity from the United States Securities Exchange Commission (SEC) and its chair Gary Gensler haveactually seen a sharp spike in rate following the regulator’s claims versus crypto exchanges Coinbase and Binance. One such token is Good Gensler (GENSLR) which rallied more than 260% in the hours following the regulator’s […]
Former FTX CEO Sam Bankman-Fried declares districtattorneys haveactually missedouton discovery duedates for secret pieces of proof needed in the defense of a raft of scams charges. On June 5, Bankman-Fried’s legalrepresentatives informed United States District Judge Lewis A. Kaplan in a letter that the federalgovernment had not turned over all of the contents of 5 […]
The typical trading volume throughout the leading 3 decentralized exchanges (DEX) leapt 444% in the past 48 hours as crypto financiers reeled from the United States securities regulator’s current legal actions versus cryptocurrency exchanges Coinbase and Binance. According to aggregated information from CoinGecko, overall everyday trading volumes on Uniswap V3 (Ethereum), Uniswap V3 (Arbitrum) and […]
The internet worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) haveactually suffered heavy blows due to current claims by the United States securities regulator. Armstrong’s internet worth was slashed by $289 million and Zhao’s by $1.33 billion within a period of 30 hours after the Securities Exchange Commission (SEC) tooklegalactionagainst Binance […]
Coinbase CEO Brian Armstrong has reacted openly to the United States Securities and Exchange Commission (SEC) suit versus his business, mentioning in a tweet that the group is “confident in our realities and the law” and that it invites the possibility “to lastly get some clearness around crypto guidelines” in court. Regarding the SEC grievance […]