Category : Cryptocoins News

Cryptocoins News

Philippines Postpones Crypto Rules Release to Study FTX Fiasco

The Philippines may have to wait longer to have proper cryptocurrency regulations after the country's financial regulator postponed the release of a legal framework for the industry.According to a local media report, Emilio Aquino, the Chairman of th...

North Korean Hackers Allegedly Behind $35 Million Cryptocurrency Heist

North Korean cybercriminals are the prime suspects in a recent cryptocurrency heist involving the theft of a substantial $35 million. Cybersecurity analysts shared this assessment with CNN on Tuesday, pointing to telltale signs in the tactics and tec...

Binance and CZ sued by the SEC

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses the details of the SEC’s lawsuit against crypto exchange Binance and its CEO, Changpeng Zhao....

Coinbase And Binance Show Negative Netflow After SEC Suits: Nansen

Summary: Data from blockchain intelligence startup Nansen showed negative netflow from Coinbase and Binance after the U.S. SEC sued both crypto exchanges.Binance and Binance US recorded a combined negative outflow north of $400 million 24 hours...

What asset freeze? Binance BTC outflows muted as users shun panic selling

Exchange Bitcoin holdings, unlike Ether, appear stable in light of the Binance and Coinbase lawsuit news. Bitcoin (BTC) hitting three-month lows did not spur hodlers t...

ARK Invest buys Coinbase shares the same day SEC serves lawsuit

ARK Invest bought over 400,000 shares of Coinbase stock totaling more than $21 million on the day the SEC served the exchange with a lawsuit. The same day cryptocurre...

Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit

The U.S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock is currently up nearly 60% versus the start of the year. Cathie Wood remains bullish a...

Binance says it’s ‘different’ from other exchanges amid SEC lawsuit

“We are different than ___,” the crypto exchange said in a statement. On June 7, cryptocurrency exchange Binance published a statement on its Chinese social channels...

Bitcoin evangelist Joe Hall tells The Agenda why he thinks BTC will conquer the world

Bitcoin has a marketing problem, but journalist and BTC evangelist Joe Hall is doing his best to fix it. “Bitcoin has such a marketing problem.” At least, that’s what...

Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame

Layah Heilpern has attracted a big following for her no-bullshit take on Bitcoin. Weirdly, in a former life she worked for China state media. Author of Undressing Bitc...

Circle’s Singapore Affiliate Bags License For DPT Services

Summary: Circle Internet Singapore was granted a Major Payment Institution license from the country’s Monetary Authority (MAS).The license allows USDC’s issuer to provide local and cross-border payments and digital payment token facilities in th...

Economics of Bitcoin ATM market could hinder wider adoption

Bitcoin of America’s shutdown in Connecticut highlights the obstacles for companies operating crypto ATMs. As the digital asset market continues to evolve, the use of...

Sweat Economy to decide the fate of 2B idle SWEAT tokens via Governance Vote

There are 2 billion idle SWEAT tokens in inactive user accounts. These idle tokens constitute approximately 13% of the SWEAT token total supply. Sweat Economy has launched a new Governance Vote to decide the fate of these idle tokens. Pioneering mo...

Exploring the Increasing Interest in Cryptocurrency Mining Alternatives

In the past, cryptocurrency mining has depended on the power-hungry Proof-of-Work (PoW) consensus process. Alternative mining techniques, on the other hand, that offer scalability, energy efficiency, and minimal environmental impact, have recently at...

SEC on the Offensive, but Binance and Coinbase Are Not the Same

Just one day after the Security and Exchange Commission (SEC) made it known that it was suing the world’s largest crypto exchange Binance, along with its CEO Changpeng Zhao, the regulation agency then went on to sue the largest crypto exchange in the...

Unveiling the Debates and Controversies Surrounding Meme Coins: Dogecoin and Shiba Inu

Memes are common in the cryptocurrency realm, and the emergence of meme currencies has drawn major attention and spurred heated discussions. Within the crypto community and beyond, arguments have centered on two well-known examples: Dogecoin and Shib...

3 reasons why Bitcoin price remains resilient

Binance and Coinbase are sued by the SEC Bitcoin price remains resilient Scarcity, inflation rate halving, and an increase in the number of users help Bitcoin Once again, cryptocurrency investors are tested. In a span of 24h, several things challe...

Stacks price outlook: What next for STX after going vertical?

Stacks crypto price jumped to the upper side of the descending channel. The coin jumped because of its close relationship with Bitcoin. This rebound could be part of a dead cat bounce. Stacks price has staged a strong comeback in the past two...

SEC lawsuits against Binance and Coinbase unify the crypto industry

Blockchain Association CEO Kristin Smith said that while the SEC’s approach to regulation is expected due to its anti-crypto stance, it’s still “unacceptable.“ Update...

Cumberland Scoops ETH Dips On Binance And Coinbase Following SEC Allegations

Summary: Market maker Cumberland withdrew nearly 25,000 ETH from Binance and Coinbase.The market maker seems to have bought the dip after crypto prices slumped on the back of SEC lawsuits.Binance and Coinbase are accused of operating unregistere...

LMAX Digital Turns 5 with $1 Trillion Traded in Crypto

LMAX Digital, a pioneer in the institutional adoption of cryptos and an integral part of the LMAX Group, is celebrating its fifth year of operation. Since its launch in 2018, LMAX Digital has set new standards in the digital assets ecosystem and emer...

U.S. Treasury Secretary Janet Yellen Urges Stricter Crypto Regulations amid Legal Cases Against Coinbase and Binance

In light of the rising legal cases against major cryptocurrency platforms Coinbase and Binance, U.S. Treasury Secretary Janet Yellen called for enhanced regulation to protect cryptocurrency users and investors. (Read More)

Binance’s Acquisition of Gopax under Threat amid Ongoing SEC Battle

The Financial Services Commission (FSC) of South Korea has decided to track the ongoing legal action against Binance closely. According to the local magazine NewsPim, it may cause a delay in the approval of the cryptocurrency exchange's acquisition o...

SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea

The country’s financial watchdog claimed it was very difficult to accept the acquisition requests amid accusations of securities laws violations. The United States Sec...

Blockchain Pioneer Acquires International Fashion House Blk DNM

Stockholm, Sweden, June 7th, 2023, Chainwire ChromaWay to Integrate Blockchain Capabilities into BLK DNM, Pioneering Connected Fashion, and Inspiring Responsible Industry Behaviors Stockholm’s headquartered blockchain technology company ChromaW...

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