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Armstrong said the SEC recommendation left them no choice but to head to court.

SEC Told Coinbase to Stop Trading in all Cryptos Except Bitcoin Before Suing: FT

The SEC asked Coinbase to delist every cryptocurrency except bitcoin before suing the exchange. Armstrong told the Financial Times the SEC recommendation left us no choice but to head ...

1 year ago

Grayscale’s ETF was previously knocked back by the Securities and Exchange Commission and it wants it and competing ETFs approved together so none have an advantage.

Grayscale urges SEC to approve all Bitcoin ETFs simultaneously

Crypto fund manager Grayscale is urging the Securities and Exchange Commission to approve all proposed spot Bitcoin BTC $29,136 exchange-traded funds (E...

1 year ago

The Bank of Italy announced a partnership with the Ethereum scaling team Polygon

Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project

The Bank of Italy announced a partnership with the Ethereum scaling team Polygon and crypto infrastructure provider Fireblocks to initiate a pilot program aimed at establishing a regul...

1 year ago

KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some “personnel adjustments” in the future.

KuCoin denies mass layoffs, says cuts are part of normal operations

Cryptocurrency exchange KuCoin has shut down rumors suggesting it was preparing to lay off 30% of its workforce — a figure that amounts to approximately 300 staff — in the coming wee...

1 year ago

The market is waiting for the Fed’s next move, or clarity around an ETF, say analysts

Bitcoin Stuck at $29K, Ether at $1.8K as Market Awaits Fed Decision

Bitcoin (BTC) and ether (ETH) were mimicking the dullness of traditional finance ahead of Wednesday’s key FOMC rate decision during the Asia trading day. The world’s largest digital ...

1 year ago

Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.

Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets

A platform aimed at “deanonymizing the blockchain” has accepted its first submission concerning information on wallet addresses connected to Terraform Labs and its co-founder, D...

1 year ago

Where is BTC Heading Next?

Bitcoin Price Prediction as Bears Keep BTC Below $30,000

In the midst of ongoing market fluctuations, the outlook for Bitcoin (BTC) remains a topic of intense speculation. As bears exert pressure and keep the price below the ...

1 year ago

Ripple effect as explosive XRP leads market charge

Cryptoverse: Ripple effect as explosive XRP leads market charge

July 25 - XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums. The price of XRP popped 78% after a U.S. judge ...

1 year ago

According to Coinbase, the lawsuit is at best government overreach and at worst an abuse of due process.

Coinbase Files Request for Dismissal of Charges

Merely a few weeks after the SEC sued the platform for facilitating unregistered trading with 12 tokens that the agency considers to be securities, Coinbase’s legal representatives have fi...

1 year ago

Sui was accused of dumping locked and non-circulating staked SUI tokens on Binance.

Sui Foundation denies it sold locked staking rewards on Binance

The team behind the Sui network and its native SUI token has denied allegations that they unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance&...

1 year ago