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Cryptocurrency News

Location American Cryptocurrency News for 16 June 2023
The Hinman docs: Implications for XRP, SEC credibility and more The Hinman documents have been available to Ripple for over two years, and their public release has been eagerly awaited by many, but some were disappointed by the lack of any real bombshells.
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Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law enforcement officer. The ...
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Egypt Applies for BRICS Membership, Seeks Trade in National Currencies Egypt has filed an application to join the BRICS bloc, Russia's ambassador to the Arab nation confirmed. The government in Cairo is interested in using alternative currencies in foreign trade, either national fiats or a ...
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Trezor CEO cites usability as top factor for hardware wallet: BTC Prague 2023 Trezor doesn't plan to introduce any private key recovery tools, as it has provided all possible means to help users secure the seed phrase, CEO Matej Zak said.
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Mango Markets Manipulation: Trader Avraham Eisenberg To Stand Trial in December for $100 Million Crypto Scam Avraham Eisenberg, a trader accused of manipulating the decentralized exchange Mango Markets in a massive multi-million dollar scam, is slated to stand trial on Dec. 4 in New York. The scam was carried out on October 11,...
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OKCoin Accused by FDIC of Making False Claims About Customer Protections OKCoin must scrub misleading statements that suggest its customers' accounts are protected by the U.S. Federal Deposit Insurance Corp. (FDIC), the U.S. banking regulator ordered late Thursday, complaining the company is ...
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Crypto Firm Abra Said to be Insolvent in Texas State Regulators' Cease-and-Desist Order According to an emergency cease-and-desist order from the Texas State Securities Board, the cryptocurrency firm Abra is “insolvent or nearly insolvent.” The filing alleges that a group of state securities regulators ...
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Ukraine Wants to Tax Crypto Gains at 18% from 2024

Crypto News - 16 Jun 2023 03:00
Ukraine Wants to Tax Crypto Gains at 18% from 2024 Ukrainian regulators are prepared to start taxing crypto gains at 18% from 2024, with lawmakers set to vote on proposals this fall. Per Forbes Ukraine, the National Commission for Securities and the Stock Market is set t...
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Blockchain Anti-Counterfeiting Trials 'Promising,' EU Agency Says The European Union's intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods.
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First Mover Asia: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF fil...
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Korean crypto contagion, Bank of China on Ethereum, HK's exchange red carpet: Asia Express Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China's Ethereum debt note.
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Token Sale Ahead: Celsius to Convert Customer 'Altcoins' to BTC and ETH Amid the regulatory crackdown in the United States, the bankrupt crypto lender Celsius has announced that all of its customers’ “altcoins” will be converted to bitcoin (BTC) and ethereum (ETH). Over $215 million wo...
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Crypto Detective ZachXBT Faces Defamation Lawsuit MachiBigBrother has sued ZachXBT for an investigation the latter published in June 2022 alleging the trader stole tens of millions of dollars worth of crypto.
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BlackRock's Spot Bitcoin ETF Not The Same As Grayscale's Product, Experts Say Exchange Traded Fund (ETF) terminology can sometimes be tricky, and fund management giant BlackRock's application for a spot Bitcoin ETF has raised some questions.
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Ethereum network upgrade and uptick in Arbitrum active users could trigger an ARB price reversal Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to the ARB price.
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BlackRock's Bitcoin ETF Would Be a Big Deal

Coin Desk - 16 Jun 2023 22:30
BlackRock's Bitcoin ETF Would Be a Big Deal And it doesn't really matter if it's technically a trust.
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Nansen Report: Crypto Exchanges Kraken, Bybit, and Bitget Gain Ground After FTX Collapse Smaller crypto exchanges such as Kraken, Bybit and Bitget are finally getting their time in the spotlight after their more dominant rival FTX collapsed last year, according to findings in a new report from blockchain ana...
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Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exc...
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3 key Ether price metrics point to growing resistance at the $1,750 level Ether's price looks poised for additional downside as low as the $1,560 level.
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US FDIC Says OKCoin Made False Statements About Deposit Insurance and Demands Corrections The US Federal Deposit Insurance Corporation sent a letter to OKCoin USA, Inc., demanding the cryptocurrency exchange take action to address false and misleading statements about its deposit insurance. The FDIC sent thre...
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Bitcoin Price Prediction As BlackRock Files for Spot Bitcoin ETF - Can BTC Hit $100,000 if It Is Approved? As BlackRock, one of the world's largest asset management companies, files for a spot Bitcoin exchange-traded fund (ETF), speculation arises about the potential impact on Bitcoin's price. The anticipation of regulatory a...
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Is the US's Crypto Crackdown a Blessing in Disguise for Other Nations? The regulatory crackdown on crypto in the US could prove to be just what is needed for the industry to thrive elsewhere, a recent Wall Street Journal article has indicated. But according to the article, which took a rath...
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