Regulation by Enforcement Is Unsustainable, CFTC Chair Tells Congress

On the heels of the SEC suing both Binance and Coinbase, the House Agriculture Committee gathered Tuesday morning for a dual panel hearing to discuss crypto spot market regulation. Lawmakers first pos...

Shiba Inu Metaverse Advisor Confirms Holding Shib for Long Term

Shiba Inu (SHIB) Metaverse Advisor Marcie Jastrow addresses doubts about her Shiba Inu OG status, highlighting long-term involvement and commitment to transparency. In a recent Twitter exchange, Marci...

Coinbase slammed with SEC Lawsuit right after Binance, what happened?

Coinbase Global, a leading cryptocurrency exchange, finds itself on the receiving end of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). The SEC’s suit alleges that Coinbase fail...

These Are the Major Token Unlocks Scheduled for This Week

This week, $57 million worth of tokens from various projects will be introduced into the circulating supply. dYdX will unlock tokens worth over $12 million. When a project releases its tokens, some ea...

Coinbase Faces $5M Penalty from New Jersey Securities Bureau and SEC Charges, Stock Tumbles 20%

The New Jersey Bureau of Securities has issued a Summary Cease and Desist Order against leading cryptocurrency exchange Coinbase, Inc. for allegedly offering unregistered securities tied to its crypto...

Coinbase Suffers Double Whammy As SEC And State Regulators Act Against Exchange For Unregistered Securities ⋆ ZyCrypto

Advertisement &nbsp &nbsp The U.S. Securities and Exchange Commission (SEC) today sued Coinbase just a day after cracking down on Binance. The regulatory body alleges in the new lawsuit that C...

Not Immune To FUD? Binance Sees $1.5 Billion In Outflows In 24 Hours

EThe United States Securities and Exchange Commission (SEC) announced on June 5 that it had sued the largest crypto exchange in the world, Binance, for alleged securities fraud. The announcement trigg...

Web3 Gaming Studio Argus Raises $10M Lead By Haun Ventures

“Computer games in the 1980s and ‘90s were building their engine to build their own game … I think we’re at a very similar stage in crypto gaming right now, where if you really want to build gre...

XRP Ledger Functionality to Be Enhanced With This New Tool

Godfrey Benjamin XRP Ledger now has XRPL-Go client to help solve some basic functionalities Despite the Fear, Uncertainty and Doubt (FUD) in the digital currency ecosystem, core XRP developers have co...

Coinbase, America’s Largest Cryptocurrency Exchange, Sued By The SEC For Securities Violations

Coinbase, one of the leading cryptocurrency exchanges, has been charged by the Securities and Exchange Commission (SEC) for operating as an unregistered national securities exchange, broker and cleari...

Coinbase Drops 30% After SEC Lawsuit As Users Pull Out $57.7 Million

Key Points: Coinbase value falls almost 30% to $49. Since the SEC announcement, users have pulled out over $57.7M across multiple chains from the exchange. Coinbase’s value has fallen almost 30% to $4...

US SEC Indicts Coinbase over Unregistered Exchange and Broker Platform

The new lawsuit against Coinbase is coming only a few hours after the SEC sued Binance for violation of the same US securities rules. American publicly listed crypto trading platform Coinbase Global I...

SEC lawsuit: What’s next for Binance?

Binance, Binance US, and Changpeng Zhao (CZ) have been sued by the Securities and Exchange Commission (SEC) in a case that alleges they offered and sold unregistered securities, failed to register the...

Gensler Says US Dollar Is Only Digital Currency We Need

SEC Chair Gary Gensler appeared on CNBC’s Squawk Box to discuss the recent lawsuits filed by the SEC against Binance and Coinbase. The lawsuits accuse both platforms of operating as unregistered secur...

Do Kwon’s Bail Approved After Property Verified to Be ‘Worth Millions’

Do Kwon will be released from Montenegro detention after his bail request of approximately $427,900 (€400,000) was accepted. This comes after the court verified his property to be “worth million...

Coinbase is also under the SEC’s crosshairs!

Breaking news: the SEC has also officially subpoenaed cryptocurrency exchange Coinbase in New York District Court. A day after attacking Binance, here are new stances from the US federal agency that i...

XRP Bulls on the Rise as Ripple v. SEC Lawsuit Nears End

As the sun sets on the lengthy legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC), the crypto community is abuzz with optimism for the future of XRP. Bill Morgan, a cry...

What’s next for Litecoin as token plunges 6%

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. US SEC didn’t categorize LTC, but CFTC mentioned ...

Match Systems Investigating Illicit Activities Behind Atomic Wallet Hack, Tracing Stolen $35 Million

Advertisement &nbsp &nbsp On June 4, cybersecurity company Match Systems, which specializes in financial crime detection, compliance and risk management, announced their thorough investigation...

Coinbase targeted by state security regulators concurrent to SEC lawsuit

According to a statement published by the Alabama Securities Commission on June 6, a multistate task force comprising state regulators from Alabama, California, Illinois, Kentucky, Maryland, New Jerse...

How the Metaverse and Web3 May Revolutionize the Creator Economy

Further, of the 168 Consensus attendees who answered an electronic survey, participants were split on who will actually own the metaverse: 40% voted that megacorporations like Meta will take charge, w...

Polygon (MATIC) Sees 742% Surge in Big Moves as Whales React to New Development

Large transactions on the Polygon (MATIC) network suddenly rose 742% as whales swooped into action following the latest regulatory crackdown on the cryptocurrency market. IntoTheBlock, an on-chain ana...

Amboss Unveils LINER Index, Bolstering Enterprise Adoption Of Lightning Network

Amboss, a data analytics provider for the Bitcoin Lightning Network (LN), has introduced LINER (Lightning Network Rate), an innovative index designed to measure bitcoin returns on the Lightning Networ...

KAVA Surges 9% Amidst SEC Crackdown on Binance

Table of contents KAVA tokens remain in limbo as investors find their next crypto darling A fresh insight about the U.S. Protections and Trade Commission’s (SEC) crackdown on Binance has filled ...

Coinbase Staking Program Targeted by Alabama Securities Regulator

In addition to the SEC’s lawsuit against Coinbase — which was filed Tuesday morning — 10 states announced a show cause order against Coinbase.  “The order gives Coinbase 28 days to show cause why they...

Top Lawyer Says SEC Made a Weak Argument By Alleging That Cardano Is a Security

Attorney Morgan faults the SEC’s recent claims against Cardano (ADA).  In a tweet today, attorney Bill Morgan has reacted to the allegations made by the SEC in the Binance lawsuit about Cardano ADA be...

Turbos Finance Releases Smart Routing for Stablecoins on Sui Network

Turbos Finance, a Sui ecosystem initiative, has presented a smart routing system designed specifically for the Sui-Move language. This is a first for a Sui DEX in production and a key innovation for c...

Restless Atomic Wallet hack victims express frustration over lack of updates

Atomic Wallet users expressed frustration with the lack of updates since its hack on June 3. A recent Reddit post highlighted the state of user sentiment, with the OP asking multiple questions, includ...

SEC Charges Coinbase for Unregistered Securities

In a startling turn of events, the Securities and Exchange Commission (SEC) has launched a significant legal action against Coinbase, Inc., one of the world’s most prominent cryptocurrency platforms. ...

Messari Founder Ryan Selkis Launches Advocacy Group in Response to Recent SEC Actions

Following the U.S. Securities and Exchange Commission’s (SEC) charges against popular cryptocurrency exchanges Binance and Coinbase, Messari founder Ryan Selkis has launched a new advocacy group...

Optimism Gears Up For Bedrock Mainnet Update

Optimism, the Ethereum Layer 2 scaling solution, is preparing to roll out its “Bedrock” upgrade today, June 6th. The step is considered to be a significant leap towards becoming a utility-...

American Banker Highlights CBDC Development Endeavors By Ripple

A Manhattan-based publication American Banker focused on the financial industry, has revealed Ripple’s efforts in ensuring secure minting and distribution of Central Bank digital currencies and stable...