John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024. The United States’ securities regulator could completely u-turn its approach to crypto enforcement, depending on a key…
Kategorie: Crypto Flash News
Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated
Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation attack. Decentralized finance protocol Zunami Protocol has confirmed it has encountered an attack on its “zStables” stablecoin pools. Blockchain security firm PeckShield estimates over…
An ETF will bring a revolution for Bitcoin and other cryptocurrencies
A Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia. But not everyone’s on board with the crypto…
Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC
SHIB, UNI, MKR and XDC show signs of strength even as Bitcoin price remains stuck inside a narrow range. Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is…
Voyager’s token transfer to Coinbase sparks sell-off suspicions
The motive behind the transactions has triggered speculation within the broader crypto community. Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7 million, to crypto…
Legal scholars file amicus brief in support of Coinbase
The legal practitioners asked the court to adhere to the established definition of “investment contract” when interpreting its scope. A group of six legal scholars specializing in securities law and related fields submitted an amicus brief in favor of crypto…
Bitcoin centralized by corporate giants should not be feared – Michael Saylor
During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and centralized by corporations should not be feared. He also outlined three main reasons driving the need for custodians. During a recent podcast interview, MicroStrategy’s Michael Saylor expressed…
Using courts for every crypto issue will squash innovation: Grayscale CEO
Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States. Grayscale Investments CEO, Michael Sonnenshein, highlighted a potential negative outcome for the United States economy if the Securities…
SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case: Hodler’s Digest, Aug. 6-12
Sam Bankman-Fried has bail revoked, ordered to jail; the SEC delays decision on a spot Bitcoin ETF; and the SEC moves to appeal on Ripple’s case. Top Stories This Week Judge revokes Sam Bankman-Frieds bail, remands him to custody FTX’s…
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets. Brazilian lawmakers are moving forward with a legislation that would raise taxes on cryptocurrencies held overseas. According to local…