Coinbase CLO Slams SEC’s ‘Investment Contract’ Interpretation In a fiery statement, Paul Grewal, chief legal officer of Coinbase, has expressed his strong disagreement with the U.S. Securities and Exchange Commission’s (SEC) classification of certain cryptocurrencies as securities. Grewal argues that the SEC’s interpretation…
Key Points: Nearly 70% of bitcoin’s circulating supply has not been moved for at least a year, indicating strong holder base and confidence of long-term investors. Bitcoin closed at $30,460 in June, reflecting an 11.9% increase for the month and finding support at…
Binance Suspends Multichain Support Binance, one of the world’s largest cryptocurrency exchanges, has announced that it will no longer support withdrawal and deposit for several Multichain-bridged tokens. This suspension, starting from July 7, applies to networks like BNB Smart Chain, Fantom, Ethereum, and…
What The Bank of England and Nuggets are developing for a potential digital Pound The Bank of England (BoE) is collaborating with Nuggets, a payments platform, to create a privacy and identity layer for a potential digital pound. The goal is to ensure…
Circle Eyes Japan for Dollar-Pegged Digital Asset Stablecoin issuer Circle is considering Japan as a potential market for a dollar-pegged digital asset. Circle’s CEO Jeremy Allaire believes that Japan’s long history of cross-border trade and global commerce makes it an attractive market for…
Accusations against Bittrex Inc. and opposition by the Florida Office of Financial Regulation Bittrex Inc., a cryptocurrency exchange, faces accusations of violating Florida laws Accusations include failure to segregate customer assets and not maintaining a surety bond The Florida Office of Financial Regulation…
Cirus to Speak at Web3 Investor Day Conference Cirus, a leading company in the Web3 industry, has been invited to speak at the Web3 Investor Day Conference, powered by Decasonic. The conference, which will take place on July 20th, 2023, in Chicago, IL,…
An Exciting Opportunity: Thug Life Token – A Low Market Cap Meme Coin with High Upside Potential Thug Life Token (THUG) is an upcoming meme coin that offers a unique perspective on the crypto market. Unlike many new cryptocurrency projects, THUG sets a…
Bitcoin bull market is building Bitcoin has reached a new yearly high of $31,500, indicating that the crypto bull market is gaining momentum. For the market to continue its upward trajectory, Bitcoin needs to maintain its position above this level for a few…