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Cryptocurrency News

Location American Cryptocurrency News for 14 September 2023
SEC Chair: Crypto Is a Field Rife With Fraud, Abuse, Misconduct -- 'It's Daunting' U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the Senate Banking Committee, stating that crypto is “a field which is rife with fraud, abuse, and misconduct.” He also stated that th...
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FTX Revises Crypto Asset Sale Proposal Amid U.S. Trustee's Concerns In a recent filing, bankrupt crypto exchange FTX modified its proposed guidelines for liquidating its substantial crypto holdings, addressing concerns raised by the U.S. trustee. In response to objections raised by the U...
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Most Important U.S. Senator for Crypto's Future Tells Regulators to Use Existing Powers U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto's congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever ...
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Three Arrows Founders Hit With 9-Year Trading Ban in Singapore MAS says the Order bans the Three Arrows Capital founders from managing, directing, or being a shareholder of any registered capital markets services firm in Singapore.
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Sony Makes Blockchain Move as Japanese Firms Flood to Web3 Space The Japanese electronics and entertainment giant Sony will develop a blockchain network, making it the latest company from the nation to move into the Web3 space. The company's IT subsidiary Sony Network Communications w...
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All I Had Was a 'Simple Calculator' -- Former Mt Gox CEO Draws Parallels With Bankman-Fried's Journey Sam Bankman-Fried, the former CEO of FTX, has been denied temporary release from prison after his legal team complained about his ability to prep for trial and his laptop’s alleged lack of internet access. On Tuesday, ...
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Binance US Loses Key Executives as Regulatory Issues Intensify - Here's the Latest Binance US, the American subsidiary of the well-known cryptocurrency exchange, is experiencing a series of high-profile departures. Today, Sidney Majalya, the Chief Risk Officer, and Krishna Juvvadi, the head of legal, r...
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Is It Too Late to Buy Aptos? APT Price Rallies 5% and AI Crypto Signals Platform yPredict Secures $3.85 Million The Layer 1 blockchain protocol Aptos, founded by former Facebook employees, is preparing to release 20 million APT tokens in November according to data compiled by TokenUnlocks. With APT currently trading around $5.15, ...
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Crypto market outflows reached $55B in August as liquidity dwindled -- Bitfinex Crypto's liquidity crunch could allow event-based volatility to have a greater impact on prices, according to a recent analysis from Bitfinex.
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Solana Price Prediction as SOL Bounces 4% Overnight - Is the Sell-Off Over? Despite ongoing concerns about FTX's planned liquidation of over $1 billion in Solana (SOL) tokens, which amount to roughly 16% of the cryptocurrency's overall token supply, SOL has mustered a rally of more than 3% on Th...
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Paul Krugman: 'The War on Inflation Is Pretty Much Won' - Claims 'Remarkable Disinflation' Occurred On Wednesday, Nobel Prize-winning economist Paul Krugman provided a brief analysis of the current economic landscape in the United States. Krugman asserted that the nation has experienced "remarkable disinflation." Accor...
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Solana traders prepare for FTX-induced sell pressure on SOL -- Is it premature? Crypto traders are talking about the SOL price falling due to the risk of FTX selling its $1.06 billion Solana stake. Are they overexaggerating?
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Singapore's Monetary Authority Issues 9-Year Ban on Three Arrows Capital Founders The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders against Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies, banning them from regulated financial activities in the country. The o...
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Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel's Founders Fund and investment collective dao5. The funding round, announced by Layer N on Wedne...
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XRP Price Prediction as USD Coin Overtakes XRP in Market Capitalization - What Happens Next? The total market cap of USD Coin (USDC), the world's second-largest US dollar-pegged stablecoin by market capitalization which is issued by US fintech firm Circle, overtook XRP (XRP) in market cap on Thursday. XRP is the...
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Binance.US Head of Legal and Chief Risk Officer Leaving the Crypto Exchange: WSJ The departure comes just days after the crypto exchange lost its CEO Brian Shroder.
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Bright Horizons: Fideum Group Anchors Spot in Mastercard Lighthouse Elite Program PRESS RELEASE. Fideum Group, an ambitious financial aggregator renowned for its commitment to enhancing both retail and institutional client experiences, announced its notable inclusion in the prestigious Mastercard Ligh...
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Hearing Date Set for Binance vs. SEC Lawsuit Motions in Ongoing Legal Battle - Here's What You Need to Know In the ongoing legal clash between Binance, the prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC), a significant hearing date has been scheduled for two crucial motions. As per the re...
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BTC price targets $27K as Bitcoin bulls shrug at PPI inflation surprise BTC price gets a fresh boost from market calm over Fed interest rate policy, as Bitcoin traders eye further gains.
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Dueling CBDC Bills Debated in Congressional Hearing on U.S. Digital Dollars The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it's become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath. But...
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Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.
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The Tokenization of Assets is Underway

Coin Desk - 14 Sep 2023 17:45
The Tokenization of Assets is Underway Today in Crypto for Advisors, Peter Gaffney from Security Token Advisors provides an overview of the current tokenization landscape, one that's forecasted to reach $16 Trillion by just 2030.
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