appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageNovember 1, 2024

SEC Lawsuits Cost Crypto Industry $426M Since Gensler's Leadership

The Blockchain Association reported that digital asset firms spent over $426 million on litigation against the SEC since Gary Gensler became chair.
Publisher: Coinpaper
Sentiment: Negative
General

More News Articles

Positive
cover-imageCointribune
November 1, 2024

Hayes takes Trump apart and reveals the trigger for the next crypto bull run

Former BitMEX CEO Arthur Hayes challenges conventional wisdom regarding Donald Trump and his purported influence on the crypto market. In an interview with Channel News Asia, he states that the outcome of the U.S. presidential elections will have only a limited impact on the future of digital assets, pointing instead to China as the major catalyst for the upcoming bull cycle.

general-iconGeneral
Negative
cover-imageBitcoinist
November 1, 2024

October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year

According to the latest report from blockchain security firm Immunefi, the cryptocurrency sector will face persistent challenges with hacks and scams in 2024. The report highlights that although exploit losses have decreased monthly, the industry has seen more than $1.4 billion lost to 179 hacks and scams this year.

general-iconGeneral
Positive
cover-imageCryptopolitan
November 1, 2024

Kraken hopes to coax more users to DeFi with blockchain Ink

Centralized cryptocurrency exchange, Kraken, is launching its own blockchain network, Ink, next year, hoping to attract more people to the decentralized finance (DeFi) space. According to Kraken, the Ethereum Layer 2 (L2) blockchain will have a full mainnet launch for retail and institutional users in the first quarter of 2025.

general-iconGeneral
Negative
cover-imageCryptonews
November 1, 2024

Crypto ‘Market Maker' Gotbit Founder Faces Wire Fraud Charges

Gotbit founder was involved in “a wide-ranging conspiracy” to manipulate crypto markets on behalf of client companies. The post Crypto ‘Market Maker' Gotbit Founder Faces Wire Fraud Charges appeared first on Cryptonews.

general-iconGeneral
Neutral
cover-imageCryptopolitan
November 1, 2024

Japan crypto-heads pin tax hopes on Trump, Tamaki, as P2P usage grows in Asia regardless

Politicians making big crypto promises — Donald Trump and Yuichiro Tamaki — are trending in Japan as the economy struggles and holders of cryptocurrency are taxed without mercy. Below the cacophony of election hubbub, however, a fresh movement of peer-to-peer (P2P) adoption and usage has begun in Asia, based on bitcoin cash.

general-iconGeneral
Negative
cover-imageCoingape
November 1, 2024

US SEC Enforcement Costs Crypto Firms $400 Million Under Gary Gensler

In a revealing update from the Blockchain Association, a crypto industry group, firms have reported substantial financial burdens due to the actions of the U.S. Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This data, compiled and released in cooperation with HarrisX, shows that since April 2021, when Gensler took office,

general-iconGeneral
Positive
cover-imageBeInCrypto
October 31, 2024

5 Top Crypto Traders to Follow in November 2024

The crypto market's complexity can indeed be overwhelming, especially for newcomers. However, to gain an edge, one of the best things to do is to follow top crypto traders who regularly share insights, strategies, and analyses.

general-iconGeneral
Neutral
cover-imageBenzinga
October 31, 2024

Blockchain In Finance: 1iO's Take On Balancing Efficiency And Decentralization

As blockchain technology continues to enter mainstream financial systems, Markus Kuhnert, founder and CEO of 1iO, has raised concerns about its core principles being overshadowed. Ahead of the upcoming Benzinga Future of Digital Assets event, a BRANDGUARDIAN representative, responding on behalf of Kuhnert, emphasized the potential and challenges of blockchain's growing role in finance.

general-iconGeneral
Negative
cover-imageBitcoinist
October 31, 2024

Did YouTuber MrBeast Make $23 Million From Crypto Scams? Shocking Allegations Emerge

A YouTube sensation is currently under fire after several on-chain investigators found traces of information that linked the social media influencer to dubious cryptocurrency promotions. These recent allegations against the content creator, MrBeast, again opened the debate on whether influencers should be held accountable when promoting crypto.

general-iconGeneral
Negative
cover-imageBitcoin
October 31, 2024

DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle

A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S.

general-iconGeneral
Positive
cover-imageCryptonews
October 31, 2024

Crypto.com Expands US Offerings with Watchdog Capital Acquisition

Crypto.com has acquired Watchdog Capital, enabling the platform to expand its U.S. offerings by providing equity trading and options, marking a significant step towards integrating traditional financial services with its digital asset ecosystem. The post Crypto.com Expands US Offerings with Watchdog Capital Acquisition appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageCryptonews
October 31, 2024

SEC Crypto Defendants Spent $426 Million In Legal Defense Fees, Blockchain Association Reveals In New Report

Member companies of the Blockchain Association report that they have spent an estimated $426 million on defensive litigation fees amid the United States Securities and Exchange Commission's (SEC) regulation-by-enforcement approach to digital assets, a new report from the crypto trade association highlights. Republican nominee Donald Trump has vowed to fire Chair Gary Gensler if elected to the U.S. presidency next week. The post SEC Crypto Defendants Spent $426 Million In Legal Defense Fees, Blockchain Association Reveals In New Report appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageBeInCrypto
October 31, 2024

South Korea Sees Record High Crypto Transactions

Local reports show that crypto transactions in South Korea have surged to record highs. In the first half of this year, 7.78 million domestic virtual asset investors were active, reflecting a 21% increase from 2023.

general-iconGeneral
Negative
cover-imageCryptonews
October 31, 2024

Australian Police's New Powers Yield $142K Crypto Seizure

Victoria Police have seized $142,679 in cryptocurrency as part of a drug trafficking investigation, marking the first successful confiscation under new powers granted by amendments to the Confiscation Act 1997. The post Australian Police's New Powers Yield $142K Crypto Seizure appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageCryptoSlate
October 31, 2024

Crypto firms among top targets of audio and video deepfake attacks

Crypto companies are among the most affected by audio and video deepfake frauds in 2024, with more than half reporting incidents in a recent survey. According to the survey conducted by forensic services firm Regula, 57% of crypto companies reported being victims of audio fraud, while 53% of the respondents fell for fake video scams.

general-iconGeneral
Neutral
cover-imageBenzinga
October 31, 2024

'What Coin Should I Buy?'—Binance Founder Changpeng Zhao Shares Anecdotes From 4-Month Prison Stint

Binance founder Changpeng Zhao revealed that prison guards at a California correctional facility approached him for cryptocurrency investment tips, even as he faced legal consequences for money laundering violations tied to his exchange. What Happened: Speaking at the Binance Blockchain Week in Dubai, he said, "A couple of guards recognized me and then asked me, ‘What coin should I buy?

general-iconGeneral
Positive
cover-imageInvezz
October 31, 2024

Franklin Templeton expands its money market fund to Coinbase's L2 Base network

Franklin Templeton has extended its OnChain US Government Money Market Fund (FOBXX) to Coinbase's Ethereum-based layer-2 (L2) Base network. The expansion, announced on October 31, marks the first time a major asset manager has launched on Coinbase's Base, showcasing Franklin Templeton's strategic embrace of blockchain technology in traditional finance.

general-iconGeneral
Next Page 1