Crypto news

Recent comments regarding Bitcoin exchanges from Gary Gensler – Chairman of the U.S. Securities and Exchange Commission (SEC) – suggest that his agency may not be so eager to approve the recent wave of Bitcoin spot ETF applications in its mailbox. The chairman claimed that crypto trading platforms like Coinbase are structured in such a way that makes them open to wash trading and market manipulation. Problems With Coinbase, According to the SEC Gensler commented on the...

The digital asset market continues to experience one of its longest, most bitter winters in recent history, leading established companies in the space to introduce a fresh round of crypto job cuts. Prominent NFT firm and creator of the NBA Top Shot marketplace announced laying off 51 of its staff members. The latest round includes job cuts for full-time employees as well as C1 contractors. Dapper Labs’ Another Round of Layoff Dapper Labs CEO Roham Gharegozlou announced on...

The entire crypto market is rallying after the judge overseeing Ripple V. SEC ruled that neither XRP, nor most situations in which it transacted, are securities. The ruling has also prompted exchanges like Coinbase to relist XRP starting today. In a tweet on Thursday, Coinbase Assets confirmed that it will re-enable trading of XRP on XRP network, starting at 1:45 PT. “Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT, and XRP-EUR trading...

Circle – the company behind the leading stablecoin USDC – has reportedly trimmed its staff in a bid to reinforce its balance sheet. Thus, it joined the likes of numerous crypto-related firms that laid off team members during the prolonged bear market to cope with the decreasing investor interest. Some examples are the exchanges Coinbase, Huobi, Gemini, Bybit, Crypto.com, and many more. As reported by Reuters, the stablecoin issuer has reduced its team and ceased investments...

[unable to retrieve full-text content]CoinspeakerXRP Price Goes Parabolic Following Big Win of Ripple against SEC This great win of Ripple in its battle against the SEC can be viewed as a reminder that the existing regulatory frameworks may not always fit the unique characteristics of cryptocurrencies and may require modification or refinement.  XRP Price Goes Parabolic Following Big Win of Ripple against SEC

Coinbase has unveiled an end-to-end encrypted, private, and portable messaging feature for its self-custody wallet product – Coinbase Wallet to enable users to connect directly through their wallet, engage with communities, as well as send payments across thousands of coins. The goal is to give Coinbase Wallet users full control and ownership over their identity and chats by eliminating unnecessary risk and potential losses with the help of messaging. Coinbase’s New...

XRP is booming after Judge Analisa Torres’s ruling on Thursday that most sales of the Ripple-issued cryptocurrency do not constitute securities transactions. The ruling brings a conclusion to a three-year-long lawsuit that is expected to set a firm precedent for many crypto issuers’ legal standing in the United States going forward. Let’s dig into the details of the ruling, and examine how it could impact other cryptocurrencies in the near term. Institutional Sales VS Other...

[unable to retrieve full-text content]CoinspeakerDelta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History Delta Air Lines shares are up today after the company reported an adjusted revenue of $14.61 billion vs. $14.49 billion expected by analysts. Delta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History

[unable to retrieve full-text content]CoinspeakerBNB Chain Unveils Hackvolution to Boost Ecosystem Growth Developers and users who participate in Hackvolution are contributing to the growthof the BNB chain ecosystem. BNB Chain Unveils Hackvolution to Boost Ecosystem Growth

[unable to retrieve full-text content]CoinspeakerBREAKING: SEC Sued Alex Mashinsky Former CEO of Bankrupt Crypto Lender Celsius Network The problems with Celsius Network and Mashinsky first surfaced in June of last year when the platform abruptly froze withdrawals, leaving users anxious about the security of their cash. BREAKING: SEC Sued Alex Mashinsky Former CEO of Bankrupt Crypto Lender Celsius Network