Category: Latest news

[ad_1] Several experts have disagreed with the U.S. SEC’s claim that it has jurisdiction over Ethereum transactions because there are more ETH nodes in the country than any other. SEC claims jurisdiction over ETH transactions In its charges against crypto promoter Ian Balina, the SEC said several U.S.-based investors participated in an investment pool that…

[ad_1] India’s largest crypto exchange WazirX has announced that it’ll stop supporting USDC, USDP, and TUSD on Sept. 26 to “enhance liquidity and capital efficiency.” According to the announcement, the exchange will continue to support withdrawals of USDC, USDP, and TUSD until Sept. 23 and de-list these currencies and their spot market pairs at 06:30…

[ad_1] Famed crypto promoter Ian Balina has labeled the SEC charges against him as frivolous, saying he is “excited to take this fight public.” Excited to take this fight public. This frivolous SEC charge sets a bad precedent for the entire crypto industry. If investing in a private sale with a discount is a crime,…

[ad_1] Often an overlooked part of the cryptocurrency market, stablecoins can be used to determine the current state of the market. Stablecoin balance on exchanges represents “dry powder,” or idle liquidity that can become a strong driving force in the market. The total stablecoin balance on exchanges has only recently become a significant factor in…

[ad_1] The U.K. Financial Conduct Authority (FCA) said FTX operates within the country without authorization, the Financial Times reported on Sept 19. According to the FCA, those using FTX “will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your…

[ad_1] The Ronin bridge, an Ethereum sidechain designed to facilitate the growth of the Axie Infinity universe, has had a mountain to climb following its major exploit in April, which led to hundreds of millions of dollars being stolen by hackers. A report from Nansen Alpha exclusively shared with CryptoSlate identified the state of the…

[ad_1] The case between the U.S. SEC and Ripple Labs could finally end after both parties filed for summary judgment. According to motions filed before the U.S. District Court of the Southern District of New York, the two parties are asking the court to give a summary judgment based on the evidence and arguments already presented.…

[ad_1] A replay attack against  Omni bridge resulted in a hacker exploiting 200 WETH from the Ethereum PoW chain. On Sept. 18, security firm BlockSec identified a replay attack launched against the Ethereum PoW chain. The attacker transferred 200 WETH from the Ethereum PoS chain through the Omni bridge. The transaction was reportedly replicated on…

[ad_1] The total cryptocurrency market cap saw net outflows totaling $59 billion. As of press time, it stood at $903.51 billion, down 6% over the weekend. Bitcoin’s market cap fell 5.5% over the reporting period to $357.68 billion from $378.69 billion. Meanwhile, Ethereum’s market cap fell by 11%, dropping from $180.31 billion to $159.70 billion…

[ad_1] Since bottoming at $17,700 on June 18, Bitcoin has been trading within a relatively tight band, with $25,100 marking the upper limit of this channel. Although the past week or so saw BTC print six consecutive daily green closes, higher-than-expected CPI inflation data, released on September 13, ended the upward momentum. On that day,…