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Gary Gensler discussed the utilization of the $2.4 billion budget granted to the SEC in a speech before a House Committee

SEC Chairman Gary Gensler Requests $2.4B Budget To Tackle Misconduct in Crypto Markets

United States Securities and Exchange Commission (SEC) Chair Gary Gensler talked to lawmakers about the recently granted funds in dealing with the crypto market. Gensler spoke before the Subcomm...

1 year ago

The swiftly-growing category commands a market capitalization of just under $100 million.

Crypto Traders Flock to Unibot as Telegram Bot Tokens Near $100M Market Cap

Telegram-based trading bots are quickly attracting scores of crypto traders, allowing their users to punt on tokens just as easily as they would send messages to each other on the popular messag...

1 year ago

Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.

XRP Futures Set Open Interest Record High for 2023

Open interest on XRP-tracked futures climbed above $1.1 billion in the past 24 hours, topping the $1 billion level touched last week and setting a record high for the year. XRP to...

1 year ago

Robert Kennedy said his government would exempt Bitcoin from capital gain taxes to incentivize ventures to build in the United States.

Presidential candidate RFK Jr. proposes backing US dollar with Bitcoin

Presidential candidate Robert F. Kennedy Jr. revealed plans to back the U.S. Dollar with Bitcoin (BTC) and exempt the flagship digital asset from capital gains tax while speaking at a ...

1 year ago

FalconX said its products will encompass swaps, options and non-deliverable forwards, intended to provide exposure settled against reference rates from CF Benchmarks

FalconX leverages BlackRock’s index provider for crypto derivatives

Crypto prime brokerage FalconX has begun offering a suite of derivatives contracts based on the same index as Blackrock’s bitcoin ETF, in a bid to foster “trust among institutional i...

1 year ago

The Stellar (XLM) price increased significantly on July 13, reaching a new yearly high

Stellar (XLM) Price Surges to 15-Month High: What’s Next?

Despite the drop, the price action and indicator readings in multiple timeframes support the bullish trend reversal. They suggest the increasing price is not yet finished and will reach another ...

1 year ago

During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million.

Dormant pre-mined Ethereum worth $116M resurrects after 8 years

A wallet address containing pre-mined Ethereum worth $116 million moved its entire stash of 61,216 Ether ETH $1,910 to an address on the Kraken crypto exchange after being dormant...

1 year ago

The CEO and other top executives are accused of a breach of fiduciary duties, unjust enrichment and wasting corporate assets.

Marathon shareholders file lawsuit against company’s top management

United States-based crypto mining company Marathon Digital is heading to court after its shareholders alleged that its CEO Fred Thiel, alongside other top executives, breached fiduciary duties, ...

1 year ago

The Australian arm of FTX has seen its license canceled by the Australian Securities and Investments Commission (ASIC)

ASIC Revokes FTX Australia License Amid Stricter Crypto Regulations

The Australian Securities and Investments Commission (ASIC) has canceled the license of FTX Australia, as revealed in a press release published on July 19. With the Australian Financial Services...

1 year ago

The UK regulator is mulling whether to bring crypto memes under updated guidance on financial promotions, including across social media

Crypto memes could soon be regulated in the UK

Crypto startups, engagement farmers and memecoin fans beware: UK authorities may soon come for crypto memes. The Financial Conduct Authority (FCA) wants to modernize its rules ar...

1 year ago