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U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.” SEC Chair Believes All Crypto Tokens Other Than Bitcoin Are
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The shiba inu price slid 7% the last time the holder transferred the token to an exchange, data shows. Original Source
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Lending protocol Venus has a total locked value of $800 billion as of Friday. The move is expected to benefit FLOKI holders, developers say, as they continue to build and seek out strategic partnerships that ultimately benefit the token’s value. Source
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Coinbase said Thursday that it is leveraging Optimism's technology to launch an Ethereum layer 2 scaling product, Base. Source
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Binance hopes to ensure that reserves do not mix with client funds henceforth. Cryptocurrency exchange giant Binance has just launched what it calls a semi-automated system for its tokens. According to a Bloomberg report, this system will enable the exchange to properly manage its token reserves. Just last month, the crypto
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According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements
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The New York State Attorney General's office sued crypto exchange CoinEx, arguing it was an unregistered securities broker and commodity broker-dealer under state law. Source
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Reserves for these tokens had previously been mixed with customer funds. Source
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According to the results of a community vote on Feb. 22, users and validators of The Open Network (TON), a layer one blockchain previously created by Telegram, have voted to suspend miners' wallets for four years if they are inactive and have never made an outgoing transaction. The decision resulted
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The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply. Source
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