SEC task force continues meeting with firms over crypto regulations
The US financial regulator has already closed an investigation into Robinhood Crypto and will reportedly drop its enforcement action against Coinbase.
The US financial regulator has already closed an investigation into Robinhood Crypto and will reportedly drop its enforcement action against Coinbase.
A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured considerable attention, emerging as the third-largest fiat-pegged token by market capitalization. It … Read more
Binance founder Changpeng Zhao (CZ) has revealed the breakdown of his crypto investment portfolio, showing one asset is by far his largest holding. According to a new post on Binance Square, 98.48% of Zhao’s crypto portfolio is in BNB, the native asset of Binance. His portfolio also consists of 1.32% Bitcoin (BTC) as well as … Read more
The Nigerian government alleged that Binance caused economic damages after crashing the country’s fiat currency.
Strategy (formerly MicroStrategy) just bought 20,356 more Bitcoin, per an announcement from Michael Saylor. This is the company’s largest purchase in over two months, but its stock price has been dropping. Strategy has been funding these acquisitions through multibillion-dollar stock sales, which are apparently shaking confidence in the company. If Bitcoin’s own price doldrums continue, … Read more
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC … Read more
Mutuum Finance (MUTM) is gaining momentum as investors look for promising early-stage opportunities in DeFi. With its decentralized lending platform and real financial applications, analysts believe MUTM could see a substantial price surge after its exchange listings. Currently priced at just $0.01 in its presale, the token has already raised over $1 million, with more … Read more
Bitcoin’s $860 billion realized market cap indicates fresh capital inflows even as prices continue to weaken under $95,000.
Solana’s ongoing struggles reveal a concerning trend as its daily active addresses plummet to a three-month low of 3.4 million, exacerbating bearish sentiment. Over the past month, the SOL token has experienced a significant decline of 35.5%, reflecting deep-seated issues within its ecosystem. According to COINOTAG sources, “The decline in Solana’s on-chain activity indicates a … Read more
The filing is the latest in a litany of applications with the SEC from issuers and exchanges.