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news-imageSeptember 13, 2024

SEC Reiterates Binance's Illegal Operations, Highlights ‘Lack of Disclosure'

The SEC alleges Binance operated illegally as an unregistered exchange, broker-dealer, and clearing agency. Criticism emerges as the SEC admits “crypto asset security” lacks a formal definition.
Publisher: FinanceMagnates
Sentiment: Negative
General

More News Articles

Negative
cover-imageCoinPedia
October 9, 2024

Crypto Fraud : Former California Attorney Sentenced for 5 Years

An 86 years old former attorney from California named David Lee Kagel, has been sentenced to five year probation for a multimillion dollar crypto fraud. He pleaded guilty to leading a multimillion-dollar cryptocurrency Ponzi scheme. This scam ran from December 2017 to June 2022 and defrauded many people.

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Negative
cover-imageCryptoGlobe
October 9, 2024

Crypto.com Takes Legal Action Against U.S. SEC, Claims Regulatory Overreach

On October 8, Crypto.com announced that the company had filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The exchange explained that the lawsuit is a response to a Wells notice issued by the SEC, which Crypto.com argues is part of the agency's overreach in regulating the crypto industry.

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Positive
cover-imageCoinPedia
October 9, 2024

Altcoins to Watch Out Today: 3 Coins Making Big Moves Right Now

Despite Bitcoin failing to initial the bull rally, there are multiple crypto tokens who are gaining huge momentum. Even though it is common for altcoins to follow the largest cryptocurrency, they can also move on their own because of new developments.

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Neutral
cover-imageCoinPedia
October 9, 2024

Inside HSI's Cyber Defense: $2B in Crypto Seized, 500+ Ransomware Attacks Prevented

HSI, a branch of the U.S. Department of Homeland Security, prevented more than 500 ransomware attacks and froze over $2 billion in cryptocurrency since 2021 according to the latest report by Bloomberg. This particular element of HSI's broader cyberspace criminal investigation is aimed at identifying possible ransomware threats before they turn malicious.

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Positive
cover-imageBitcoin
October 9, 2024

Brazilian Crypto Giants Team up to Launch Real-Pegged Stablecoin

Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for the BTC and ETH pairs listed on these exchanges and other markets to be developed in the future.

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Negative
cover-imageCoindesk
October 9, 2024

The DPRK's Deep Roots in Crypto

Last week, CoinDesk's Sam Kessler reported that developers and IT workers employed by the Democratic People's Republic of Korea – i.e. North Korea – had managed to get themselves hired by a number of crypto projects, giving them two different ways of raising funds for the national regime.

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Negative
cover-imageCoinPedia
October 9, 2024

This Altcoin May be in Danger-Bears Preparing for Major Shift-Here's What to Expect

The Solana ecosystem has been growing every new day and is competing with the popular chains, including Ethereum. The platform recently witnessed a huge influx of funds, which indicated a potential rise in the blockchain's adoption and usage. This further indicates the traders could be optimistic about the next price action.

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Neutral
cover-imageCrypto Briefing
October 9, 2024

Peter Todd revealed as Satoshi Nakamoto in HBO's documentary

HBO's documentary suggests cryptographer Peter Todd might be Bitcoin creator Satoshi Nakamoto, sparking debate. The post Peter Todd revealed as Satoshi Nakamoto in HBO's documentary appeared first on Crypto Briefing.

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Positive
cover-imageCryptoSlate
October 9, 2024

VanEck portfolio manager says crypto projects should emulate key memecoin traits

VanEck portfolio manager Pranav Kanade highlighted that memecoins have four key aspects that all teams building in crypto should mimic. Kanade made the comments on social media in response to the Token2049 panel by Murad Mahmudov on his pivot to memecoins from being a Bitcoin maxi.

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Negative
cover-imageBitcoin
October 8, 2024

ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable

A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive.

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Neutral
cover-imageBitcoin
October 8, 2024

Brazilian CBDC Drex Envisioned to Replace Current Transaction System

Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System. However, he stated that this would take some time, as the cost of this migration would be significant.

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Neutral
cover-imageBitcoin
October 8, 2024

Who is Satoshi Nakamoto? Does it even matter in 2024?

The cryptocurrency world is abuzz with HBO's upcoming documentary about the mysterious creator of Bitcoin, Satoshi Nakamoto. For years, the enigma surrounding Nakamoto's identity has fascinated both crypto enthusiasts and mainstream audiences.

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Negative
cover-imageCoindesk
October 8, 2024

Crypto's Token Lockup Orthodoxy Is a Scam

Today's prevailing token distribution model is fundamentally broken, says Christopher Goes, co-creator of Anoma and Namada.

general-iconGeneral
Positive
cover-imageCNBC Television
October 8, 2024

FTX cleared to repay nearly all customers 119% of allowed bankruptcy claims: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Asymmetric's Joe McCann discusses the catalysts driving bitcoin, which has been stuck in a tight range since the start of Q4.

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Positive
cover-imageCryptopolitan
October 8, 2024

Hong Kong SFC to license nearly a dozen crypto platforms by year-end

Nearly a dozen crypto platforms are under review in Hong Kong, as the Hong Kong Securities and Futures Commission (SFC) seeks to authorize more platforms by end of this year. The regulator is reportedly planning to grant licenses in batches to Virtual Asset Trading Platforms (VATPs) to enhance compliance.

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Positive
cover-imageCoinPedia
October 8, 2024

Top PolitiFi Memecoins To Stack As 28 Days Remains For The U.S. Election?

With the United States Presidential election only 28 days away. The Political memecoins have experienced a massive uptrend in their valuations. Moreover, some have surged over 2X within a week, highlighting the increasing intensity of these projects in the market.

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Positive
cover-imageCryptopolitan
October 8, 2024

BingX announces the resumption of deposits and withdrawals for over 600 crypto on its platform

The Chief Product Officer of the BingX cryptocurrency exchange, Vivien Lin, tweeted on October 8 that deposit and withdrawal services of many cryptocurrencies on its platform had resumed successfully. Vivien also confirmed that the services on BingX had returned to normal, promising more platform optimization to ensure BingX's stability and security.

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Neutral
cover-imageFinbold
October 8, 2024

Please, stop speculating on who Satoshi Nakamoto is

Last week, Finbold‘s editorial team discussed whether we should publish a story related to the HBO documentary's promise to reveal the identity of Bitcoin's mysterious creator, Satoshi Nakamoto. We decided not to.

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