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The SEC, in its lawsuit against Coinbase, mentioned Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Sandbox (SAND), Axie Infinity (AXS), Chiliz (CHZ), Internet Computer (ICP), Voyager Token (VGX), NEAR protocol (NEAR), NEXO, FLOW and DASH, driving their prices lower. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On June 7, Charles Hoskinson, the CEO of the Cardano blockchain platform, took to Twitter to alert his 977.1k followers about an “unusual trading” incident discovered by the crypto alert Twitter account “unusual whales.” The incident
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Armstrong insisted Coinbase would not be at risk of a bank-run-like rush of withdrawals similar to those some of its peers have suffered. “All the funds are backed one-to-one, and you don't have to take our word for it,” Armstrong said. “As a public company, we have auditors … who
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But the messaging surrounding the suits makes the SEC’s recent moves seem reactive, political and frankly, just beneath the bluster, weak. Specifically, the SEC seems to be trying to put Coinbase and Binance into the same bucket as the frauds of 2022, such as Luna, Celsius and above all FTX.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dogecoin has established its presence in the cryptocurrency market over an extended period. It has garnered significant investor interest, initially introduced as a playful commentary on traditional currencies. However, the investor community currently prefers a meme
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ARK bought 419,324 shares of Coinbase, worth around $21.6 million based on Tuesday's closing price of $51.61. The buy was split across ARK's Innovation ETF (NYSE:ARKK), the Next Generation Internet ETF (NYSE:ARKW), and the Fintech Innovation ETF (NYSE:ARKF). Source
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“The legal fight will be long and costly for Coinbase, but it might be difficult to argue and prove that they didn't commingle and unlawfully offer exchange, broker-dealer, and clearinghouse functions,” Edward Moya, a senior markets analyst at Oanda, said. Source
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When the U.S. government sanctioned coin mixer Tornado Cash, many thought it might spell the end for illicit crypto mixing services. But they’re back — and with a glossy new institutional sheen and legit use cases to help
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It is widely recognized that cryptocurrencies are subject to volatility, which is no longer a surprising fact. The crypto winter in 2022 led to several incidents and events that brought digital currencies to the forefront of discussions. As anticipated, much of the attention revolved around bitcoin (BTC) and ethereum (ETH),
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the cryptocurrency market, three meme coins have gained significant attention and investment in 2023. These coins are digitoads (TOADS), pepe coin (PEPE), and dogecoin (DOGE). Investors have developed a strong interest in these coins, considering
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