Category : Cryptocoins News

Cryptocoins News

Paxos Trust Company Disagrees With U.S. Securities

Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and "categorically denies" that BUSD is a securities. (Read More)

Binance, Circle, and Paxos Receive Regulatory Scrut

Stablecoin issuer Circle supplied the NYDFS blockchain evidence claiming Binance's reserves were inadequate to sustain its currency. (Read More)

Bakkt to Shift Focus to B2B Technology Solutions

Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform. (Read More)

Blender is relaunched as Sinbad

Elliptic, a crypto risk management organization, hypothesized that Blender renamed to Sinbad to "earn confidence from users" and escape fines. (Read More)

ASIC Puts Crypto in Its 2023 Enforcement Priorities

<p>The Australian Securities and Investments Commission (<a href="https://www.financemagnates.com/terms/a/asic/" class="terms__main-term" id="dfb41d67-b79e-4b09-b365-1f341b85a51b" target="_blank">AS...

Wirex partners with Visa and extends crypto card program to 40+ countries

The partnership agreement makes Wirex a global partner of Visa. It will also allow Wirex to expand its crypto card services to more countries around the world. The agreement also allows Wirex to offer crypto card services to UK and APAC markets. Lo...

GRT rallies by 16% following The Graph’s launch on Arbitrum

GRT is one of the best performers amongst the top 100 cryptocurrencies by market cap today. The coin rallied after The Graph Network launched on Arbitrum. The broader crypto market has added $200 billion to its market cap in the last 24 hours....

Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws. A bi-partisan Anti-Money Laundering...

SBF and FTX fraud 'aided and abetted' by Silvergate Bank, alleges lawsuit

The filing is the latest proposed class action in a string of lawsuits aimed at Silvergate over the last two months about its links with Sam Bankman-Fried and defunct crypto exchange FTX....

Sequoia Capital, Paradigm among VCs facing 'tricky' FTX investor lawsuit

It’s a “tricky case,” as it is unknown what obligation these firms had to “completely separate investors,” suggests a crypto lawyer. Users of bankrupt crypto exchange...

Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers

The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work. Cryptocurrency ex...

Polygon tables late-March launch date for its zkEVM Mainnet Beta

The Ethereum scaling solutions provider is preparing to launch its long-awaited Ethereum Virtual Machine roll-up technology. The long-awaited scaling upgrade from Eth...

Polygon sets late March launch date for its zkEVM mainnet beta

The Ethereum scaling solutions provider is preparing to launch its long-awaited Ethereum Virtual Machine roll-up technology. The long-awaited scaling upgrade from Eth...

Celsius creditors committee proposes suing Mashinsky, other Celsius execs

The proposed lawsuit names Alex Mashinsky and a number of former executives and co-founders for alleged “recklessness, gross mismanagement, and self-interested conduct.”...

Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH

While LidoDAO’s current inflows of about 1000 stETH a month are sufficient to cover operating costs for the time being, it’s worried that may not last. The decentraliz...

Crypto regulation decided by Congress, not the SEC: Blockchain Association

The group's policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim. Despite attempt...

Circle Executive Quashes Rumor About Receiving Wells Notice From The SEC

Circle’s Chief Strategy Officer has denied rumors about his firm receiving a Wells notice from the SEC.& Fox reported Eleanor Terrett initially broke the news of the alleged Wells notice to the USDC issuer.& A Wells notice informs subjects o...

Breaking: Circle squashes rumors of planned SEC enforcement action

Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator, but a Circle executive rebuffed the claim. USD Co...

Charity tied to former FTX exec made $150M from insider trading: Report

The former FTX chief of staff reportedly ‘donated’ FTT tokens he had obtained at a price of $0.05, later selling them after public trading opened for $1. Polaris Ventu...

Charity tied to former FTX exec made $150M from insider deal on FTT tokens: Report

The former FTX chief of staff reportedly “donated” FTT tokens he had obtained at a price of $0.05, later selling them after public trading opened for $1. Polaris Ventu...

Binance CEO: crypto industry will probably move to non-dollar stablecoins

Changpeng Zhao, also known as “CZ,” says that the industry may start to use stablecoins pegged to the euro, yen, or Singapore dollar, following recent actions against the U.S. dollar-pegg...

Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish

ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside. The price of Ether (ETH) declined...

Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority

The industry group cited the Supreme Court’s recently reaffirmed “major questions” doctrine and listed the ways the Securities and Exchange Commission’s alleged regulation by enforcement...

Siemens issues €60M digital bond on a public blockchain

Siemens shared that the process of issuing digital bonds is much faster and more efficient than traditional bond-issuing methods. German engineering and technology gia...

Siemens issues $64M digital bond on a public blockchain