Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside. Go to Source Powered by WPeMatico
Month: February 2023
Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority
The industry group cited the Supreme Court’s recently reaffirmed “major questions” doctrine and listed ways the SEC’s alleged regulation by enforcement causes harm. Go to Source Powered by WPeMatico
Siemens issues €60M digital bond on a public blockchain
Siemens shared that the process of issuing digital bonds is much faster and more efficient than traditional bond-issuing methods. Go to Source Powered by WPeMatico
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
The company said the funds will be used to expand Taurus’ new offices in Europe, the UAE, and later in the Americas and Southeast Asia. Go to Source Powered by WPeMatico
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with … Read more
US lawmakers and experts debate SEC’s role in crypto regulation
Senator Tim Scott questioned whether the SEC had been “asleep at the wheel” amid major bankruptcies in the crypto space causing the loss of millions in user funds. Go to Source Powered by WPeMatico
Brainard reportedly moving from the Fed to head National Economic Council
Fed Vice Chair Lael Brainard became vice chair of the Fed after a partisan fight and has been considered for other top positions. Go to Source Powered by WPeMatico
Expect the SEC to use its Kraken playbook against staking protocols
Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the SEC is coming for those as well. Go to Source Powered by WPeMatico
NFT marketplace tokens soar in 2023, and Blur’s recent airdrop may extend the trend
NFT marketplace tokens are gaining the market’s attention and Blur’s recent airdrop could extend the trend. Go to Source Powered by WPeMatico
Czhang Lin Explains the Investment Strategy of LBank Labs in Web3
LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank. Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund to propel the Web3 industry. He recently joined the Bitcoin.com News Podcast to talk about their investment strategy and the blockchain market: Czhang … Read more