Tag: cryptonewstoday
What is Solana? Is it good investment in 2023?
What is Solana?Solana, a blockchain platform designed to power scalable and decentralized applications, was created in 2017 by Solana Labs in San Francisco. The...
Crypto.com to halt US institutional exchange service
Crypto.com has announced its decision to discontinue its institutional exchange service for clients in the United States, effective from June 21. The Singapore-based cryptocurrency...
US House introduces draft of legislation for stablecoins
Representative Patrick McHenry, leading the United States House Financial Services Committee, has revealed the third version of the stablecoin bill.The bill, titled "The Future...
Cathie Wood’s ARK buys $21 million worth of Coinbase stock
ARK Invest CEO Cathie Wood doesn't seem to have been swayed by recent regulatory action involving cryptocurrencies. She purchased an additional $19.9 million shares of Block...
Lawsuit against PoolTogether thrown out by US court
To support PoolTogether's legal defense, the defi community came together and raised $1.4 million through the sale of nonfungible tokens (NFTs) last year.In a...
Robinhood ‘Actively’ Reviews Crypto Offering After SEC Widens Industry Crackdown
According to the company's legal officer Dan Gallagher, Robinhood Markets is apparently decreasing its crypto offers in light of the industry's growing scrutiny.The action...
Do Kwon Faces Incarceration in Both US and South Korea
Do Kwon, the co-founder and CEO of Terraform Labs, may face numerous sentences in both South Korea and the United States, according to the...
Changpeng Zhao summoned in SEC lawsuit by US court
The recent lawsuit by the Securities and Exchange Commission (SEC) against Binance, accusing them of conducting unregistered securities operations, has led to a summons...
Circle is latest recipient of Major Payment Institution license in Singapore
This month, the stablecoin issuer became the second crypto company to receive Singapore's MPI license, following Crypto.com. Circle Internet Singapore, an affiliate of Circle,...
Crypto CEOs Hit: SEC Lawsuit Decimates Net Worth
Due to recent actions by the US securities commission, the net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have...