Author: e_cash_top
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Bitwise CIO says regulatory hurdles are a boon for Coinbase amid SEC crackdown on crypto firms
[ad_1] In the wake of the Securities and Exchange Commissionâs (SEC) recent crackdown on crypto firms, Bitwise Investments CIO Matt Hougan offered insights suggesting that the regulatory landscape might be inadvertently favoring US crypto exchange Coinbase. Hougan proposed in a recent social media post that the current regulatory environment creates an âartificial moatâ for Coinbaseâs…
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SEC issues Wells Notice against Robinhood, crypto community calls it ‘scare tactics’
[ad_1] Robinhoodâs crypto division received a Wells Notice from the US Securities and Exchange Commission (SEC) on May 4. According to a May 8 filing, the Gary Gensler-led Commission staff had been investigating Robinhoodâs âcryptocurrency listings, custody of cryptocurrencies, and platform operationsâ for some time before recommending an enforcement action against it. Dan Gallagher, the…
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WEEX Exchange Marks 3 Years of Sustained Growth and Innovation, Unveils Highly-Anticipated Platform Coin WEEX WXT
[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more âș With the US SECâs approval of the spot Bitcoin ETF application, Bitcoinâs price soared to a new historic high of $72,000, bringing cryptocurrencies back into the view of traditional investors. Bitcoinâs market cap has now…
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Crypto phishing attacks plummet in April, reaching a yearly low of $38 million
[ad_1] Phishing attacks within the crypto industry decreased 46% to $38 million in April, the lowest amount this year, according to the security firm Scam Sniffer. Notably, this aligns with CertiKâs finding that crypto-related exploits and scams plummeted to a historic low of $25.7 million in April. Aprilâs phishing attack Per Scam Snifferâs findings, the…
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Bitfinex CTO dismisses rumors of major database breach, suggests misinformation by hackers
[ad_1] Bitfinex Chief Technology Officer Paolo Ardoino has debunked rumors that the crypto exchange suffered a database exploit recently. Over the weekend, several reports suggested a potential database leak comprising 22,500 records of emails and passwords allegedly from Bitfinex users. However, Ardoino opined that the purported breach was likely fake, stating that only a small…
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Bitcoin network celebrates 1 billion transactions as a Satoshi-era wallet awakens
[ad_1] Bitcoin network processed its one billionth transaction 15 years after it mined its genesis block in January 2009. Notably, the network achieved this milestone the same day a Satoshi-era Bitcoin address came to life. 1 billion transactions According to data from the Bitcoin dashboard on Clark Moody, the network processed its one billionth transaction…
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Osmosis co-founder Sunny Aggarwal on costumes, Cosmos, and the âBitcoin renaissanceâ
[ad_1] Even if youâre not an avid âCosmonaut,â youâre probably familiar with Sunny Aggarwal, the co-founder of Osmosis Labs. With an infectious smile and upbeat personality, Sunnyâs name is surprisingly apt. Heâs the type of person whose deep intellect, quick wit, and unbridled passion light up the spaces around him. We were scheduled to meet…
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Six Coinbase customers claim the exchange is violating securities laws in new lawsuit
[ad_1] Six Coinbase customers filed a new class-action lawsuit against crypto exchange Coinbase Global, two subsidiaries â Coinbase, Inc. and Coinbase Asset Management, LLC. â and its CEO, Brian Armstrong, on May 5. The lawsuit alleges that the digital assets listed on Coinbase are securities. This includes Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), Decentraland…
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BTC-e crypto exchange operator pleads guilty to money laundering in the U.S.
[ad_1] Alexander Vinnik, a Russian national who operated the crypto exchange BTC-e, pled guilty to charges of money laundering conspiracy in the US on May 3, according to a Bloomberg report. BTC-e was one of the worldâs largest crypto exchanges between 2011 and 2017. According to the prosecutors, it processed transactions worth $9 billion and…
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The rise of Bitcoin ETFs and future market implications
[ad_1] The following is a guest post from Shane Neagle. Regardless of an assetâs fundamentals, its value is governed by one underlying feature â market liquidity. Is it easy for the wider public to sell or buy this asset? If the answer is yes, then the asset receives high trading volume. When that happens, executing…