Archive for February 2023
SEC Caught FTX Big Fish, Will Work In Case Against SBF
Per a report from Bloomberg, the former FTX Chief Engineering Officer, Nishad Singh, has pleaded guilty to charges filed against him. Singh is cooperating with the U.S. Securities and Exchange Commission (SEC) and will work in the case built against his former boss, Sam Bankman-Fried (SBF). As Bitcoinist reported in December 2022, two members of…
Read MoreCoinbase Pushes Back Against SEC, Launches Campaign To Rally Crypto Forces
U.S.-based Crypto exchange Coinbase has launched a campaign in favor of crypto policies in all 435 congressional districts across the jurisdiction of the U.S. government. This decision comes from increased regulatory enforcement actions by the Securities and Exchange Commission (SEC). SEC Chairman Gary Gensler calls for the crypto exchanges to register as securities trading platforms…
Read MoreCardano-Based AGIX Soars After Elon Musk Related AI Rumor
Cardano-based artificial intelligence marketplace SingularityNET (AGIX) has seen its price rise by 11% in the last 24 hours, making it today’s top performer in the top 100 cryptocurrencies by market cap. The sudden rally started shortly after rumors surfaced that Elon Musk wants to build a ChatGPT competitor. As the 4-hour chart below shows, AGIX…
Read MoreUnity Taps Altura, Solana, Metamask, As It Makes Its Way Into Web3
Web3 is already blossoming into a sector that can no longer be ignored as multiple Web2 companies have made their way into it. In recent news, Unity, an interactive 3D development and editing platform, has made its entrance into the Web3 sphere. In the company’s foray into the sector, it has tapped 13 Web3 companies…
Read More10 Major Japanese Companies To Create ‘Japan Metaverse Economic Zone’
The metaverse is now the new frontier of the Land of the Rising Sun. Many of Japan’s largest technology firms have joined together to create an open environment for the production of virtual experiences; they name it the “Japan Metaverse Economic Zone” (JMEZ). Companies including Mitsubishi UFJ, Mitsubishi Corp., Fujitsu, JCB, Mizuho, Resona Holdings, Sumitomo…
Read More52 Million Americans Own Crypto Amid ‘Frustration’ In Biased Financial System: Survey
A year of disaster for the cryptocurrency market saw the demise of Terra/Luna, Three Arrows Capital, and Celsius Network, as well as the failure of the FTX exchange. Investors were left in a state of disarray, misery, and uncertainty as a result of the events, and many began to wonder if the business had a…
Read MoreBored Ape Yacht Club’s ‘Golden Key’ NFT Sells For $1.6M
Yuga Labs and Bored Ape Yacht Club’s ‘Golden Key Sewer Pass’ is less than a month old, but it’s already found a new home courtesy of an ambitious buyer this week. One of the more rare 7-figure NFT purchases these days, the acquisition of the ‘Golden Key’ came at a hefty price tag of 1,000…
Read MoreCrypto Under the Eye, Top Lawyer Explains SEC’s Latest Steps
The U.S. Securities and Exchange Commission (SEC) has recently increased its enforcement actions against the crypto industry. Its Chairman, Gary Gensler, leads the charge against the nascent asset class. As the U.S. watchdog tightens its policies against the various services of crypto exchanges under its jurisdiction, it has created a wave of concern and fear…
Read MoreTickrMeter Review: Track Bitcoin & Other Cryptocurrencies From Your Desk Or Nightstand
TickrMeter is pitched as a “stock ticker for your table.” But more importantly to this audience, it also tracks the price of Bitcoin, Ethereum, and other top cryptocurrencies. In this exclusive review, the Bitcoinist team goes hands-on with the latest retail version of the TickrMeter. Is it worth the price you’ll pay to pay even…
Read MoreCoinbase (COIN) Will Halt BUSD Trading, Here’s When
Per a report from crypto news outlet The Block, crypto exchange Coinbase will halt trading operations with the Binance-branded stablecoin, BUSD. The digital asset has been heavily scrutinized following the Securities and Exchange Commission (SEC) Wells Notice against its issuer, Paxos. Coinbase Succumbs To The Pressure? As Bitcoinist has been reporting, Paxos was accused by…
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