Cryptocurrency Analysis and News Portal
Court documents filed on Monday contained internal chats from Binance, including one from Samuel Lim, the exchange’s chief compliance officer through January 2022. “On the surface we cannot be seen to have U.S. users but in reality we should get them through other creative means," Lim allegedly said. Source
Read More
The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CryptoX's George Kaloudis. Source
Read More
Bitcoin (BTC) is up 42% since the start of 2023, but short term, the outlook may now favor the bears.The latest data paints a problematic picture for BTC price action — investors are greedy, but the mainstream is far from ready to buy.After January’s 40% surge, BTC/USD is having trouble
Read More
According to Armstrong, the crypto asset market is here to stay, thus the reason traditional financial services are integrating with the blockchain and cryptocurrency industry. The call for crypto asset regulations in the United States has intensified following the collapse of Terra Luna UST and FTX last year. Already, the United
Read More
Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s CEO on Cryptocurrency Regulation The CEO of the Nasdaq-listed cryptocurrency exchange
Read More
TuongVy Le, a partner and head of regulatory & policy at investment firm Bain Capital, says the agency is refraining from passing a rules-based framework and has to make it clear what digital assets it would deem compliant under its jurisdiction. Original Source
Read More
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound blockchain analytics
Read More
MetaMask Snaps aims to facilitate a “multichain future,” allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy.Details of the latest in-development addition to MetaMask’s growing ecosystem were unpacked at the StarkWare Sessions event in Tel Aviv, Israel, in Feb. 2023. Speaking to Cryptox Magazine
Read More
What is meant by regulatory clarity? The U.S. Congress has the power to draft and pass laws that direct government agencies such as the SEC and DOJ to issue rules, supervise entities and conduct enforcement. With the assistance of court decisions and the rulemaking process, as well as agency guidance
Read More
According to a new post on Jan. 26, Marc Zeller, integrations lead at decentralized finance (DeFi) lending protocol Aave, stated that the firm purchased 2.7 million Curve (CRV) tokens, which would clear “excessive remaining bad debt” within the next 15 hours over a dozen transactions. The move follows the community
Read More