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Crypto News
First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase
Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase.
SEC Says It May Make a Recommendation on Coinbase Petition Within 4 Months
The U.S. Securities and Exchange Commission (SEC) hasn't made a decision on whether it will respond to Coinbase's petition for rulemaking and its enforcement action against the crypto trading platform isn't inconsistent with any decision on…
U.S. Judge Rebuffs SEC Request for Binance.US Asset Freeze for Now
A federal judge heard arguments on the SEC's motion for a temporary restraining order in court on Tuesday.
Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision
The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk
Bitcoin Infrastructure Firm Blockstream to Unveil Its Long-Awaited Mining Rig in 3Q of 2024
Blockstream expects to raise more capital to fund its mining business.
Atomic Wallet Hackers Move Stolen Funds via OFAC-Sanctioned Exchange Garantex: Elliptic
The attackers are believed to be the infamous North Korean hacker group Lazarus, as per blockchain security firm Elliptic.
Shiba Inu Testnet Blockchain ‘Puppynet’ Crosses 20M Transactions
A large whale added over $10 million worth of SHIB tokens on Tuesday, data shows.
FCA Right to Propose Stop to Marketing Crypto as ‘Inflation Resistant,’ UK Industry Members Say
A long-running industry narrative is that limited-supply cryptocurrencies like bitcoin can hold their value against inflation – similar to gold or bonds.
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update.