Financial News

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Jun 11 2023 07:00

Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler’s Digest, June 4-10

The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts.
Jun 11 2023 04:00

Bitcoin Is Above Its 200-Day Simple Moving Average, But Below Its ‘Reversion To The Mean.’ Here’s How To Trade It Now.

Bitcoin/US Dollar FX Spot Rate (BTC=) ended last week below its ‘reversion to the mean’ but above its 200-day simple moving average.
Jun 11 2023 04:00

SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations

Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.
Jun 10 2023 12:00

Nigeria to tax crypto, digital assets 10% on capital gains — Experts react

The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets.
Jun 10 2023 06:00

SEC charges against Binance and Coinbase are terrible for DeFi

The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance.
Jun 10 2023 02:00

SEC Clampdown Spurs $4B Deposit Flight From Binance, Coinbase and Binance.US

The exchanges, targeted by the SEC for violating federal securities laws, have endured a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far.
Jun 10 2023 02:00

Where the Mt. Gox Money Went: New Details in the BTC-e Exchange Case

Fresh court documents detail how two administrators of the now-defunct BTC-e exchange stole and laundered bitcoin from Mt.Gox, the hacked bitcoin exchange.
Jun 10 2023 02:00

The Memecoin Grift and How It Threatens Ethereum Culture

If Ethereum is to grow it’ll have to mature beyond the antics of those shilling the token-of-the-moment, says Paul Dylan-Ennis.
Jun 10 2023 01:00

DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined

The top-100 DeFi tokens by market capitalization had a bearish week as the total value locked in these protocols fell below $50 billion again.
Jun 10 2023 01:00

Binance Halts Trading in Dollars on Binance.US

Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week.
Jun 9 2023 20:00

The New Crypto Bill Gary Gensler Doesn’t Want You to Know About

U.S. law doesn’t let appointed regulators trump elected officials. But the SEC head may be doing exactly that.
Jun 9 2023 20:00

Ethereum’s Buterin Releases Roadmap Addressing Scaling, Privacy, Wallet Security

In his blog post, Buterin shares that the network needs to address these components simultaneously, otherwise the blockchain fails.
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