What To Expect From Ripple Proper Party
While preparations are underway for the Ripple Proper Party, the XRP holder community is wondering if the company will make any big announcement. The party is an...
Ripple Response To SEC Appeal Request In A Week
admin2023-08-10T00:54:50+00:00XRP News: The US Securities and Exchange Commission (SEC) on Wednesday filed a letter outlining its basis for filing a motion for leave to file an interlocutory...
XRP Holders Allege ‘Another Motive’ Behind Coinbase Relisting Delay
admin2023-07-05T00:59:28+00:00Crypto Market News: The recent enforcement actions against crypto firms by the US Securities and Exchange Commission (SEC) reiterated the federal agency’s position on recognizing altcoins as...
Binance Faces Pyramid Scheme Allegations in Brazil
admin2023-06-22T14:33:36+00:00
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Brazilian Deputy Alfredo Gaspar has called for Guilherme Haddad, the head of Binance Brazil, to testify before parliament in a probe into suspected pyramid schemes in the nation. The Parliamentary Commission of Inquiry (CPI) is set to decide on Gaspar’s June 21 request on June 27.Haddad may be obliged to answer questions before the Brazilian Chamber of Deputies, contingent on the vote’s outcome, according to Brazilian publication Porto do Bitcoin. The request read: “We can deduce that Binance...
NYAG Introduces Legislation to Protect Crypto Fraud Victims
admin2023-05-05T17:43:02+00:00The New York Attorney General’s Office (NYAG) has introduced legislation aimed at protecting cryptocurrency investors from fraud. The proposed bill would require companies dealing in digital currencies...
House Majority Whip Questions FDIC Over Crypto Banking “Purge”
admin2023-03-15T17:08:25+00:00
Key Takeaways
House Majority Whip Tom Emmer questioned FDIC Chairman Martin Gruenberg over Operation Choke Point 2.0. Emmer cited in his letter multiple instances in which federal regulators had pressured banks to stop providing their services to crypto companies. Emmer called the regulatory strategy “lazy and destructive.”Share this article
Rep. Tom Emmer sent a letter sharply questioning FDIC Chairman Gruenberg following reports that federal regulators were attempting to cut off the crypto industry from the banking sector.A Lazy and Destructive Regulatory Strategy
Crypto has...
“Paternalistic and Lazy”: SEC Commissioner Blasts Agency Crackdown on Kraken
admin2023-02-10T16:14:22+00:00
Key Takeaways
The SEC is forcing Kraken to shut down its staking services in the United States, claiming the platform failed to properly register the program. SEC Commissioner Hester Peirce disagrees with the decision. She argued that Kraken wouldn’t have been able to register its products with the SEC even if it had wanted to.Share this article
SEC Chair Gary Gensler’s latest move—forcing Kraken to shut down its staking services—is being met with criticism from within the agency itself.The SEC Is to Blame
Not...
2022 in Review: the Top 10 Crypto Moments of the Year
admin2022-12-02T16:19:42+00:00
Key Takeaways
The crypto ecosystem shed $2 trillion in market value and lost several major players in 2022, but it didn’t die. Terra, Three Arrows Capital, FTX, and a host of other big entities suffered wipeouts that characterized crypto’s turbulent year. Ethereum also completed “the Merge” to Proof-of-Stake after years of anticipation.Share this article
From crypto war relief to multi-million dollar hacks and industry-shaking blowups, 2022 was another eventful year for the digital assets space.The Crypto Moments of the Year
If...
Crypto Wallet vs Exchange: What is The Difference?
admin2022-11-30T16:00:07+00:00In this article, you’ll learn about the major differences between crypto wallets and exchanges. We will discuss each entity in detail and understand the pros and cons of each platform. By the end, you will have the knowledge and resources to make an informed decision about the platform that best fits your current needs.
What Is a Crypto Exchange?
A crypto exchange is a digital marketplace where traders can buy and sell cryptocurrencies using either fiat currencies or other digital assets....
New York Law Cracks Down On Bitcoin Mining –
admin2022-11-23T11:04:02+00:00As expected, Governor Kathy Hochul has signed into law a moratorium on Bitcoin mining in New York. The law is the first of its kind and raises far-reaching questions. Specifically, Hochul signed a bill that bans new Bitcoin mining operations that use carbon-based energy sources. However, because the bill is narrowly drawn, the state’s dozen or so operations that draw power from the grid are not affected. Nor are solo miners affected. In addition, the moratorium does not...