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SEC Attacks Coinbase; Is XRP A Good Coin To Hold Now Along With Bitcoin & Big Eyes Coin? The often unruly world of cryptocurrency has, in many ways, resembled the Wild West — untamed and untethered, defined more by its freedom than by regulatory oversight. Long seen as a benefit by crypto enthusiasts, the lack of regulations has provided an opportunity for innovation, but now the SEC has stepped in, and major exchanges like Coinbase and Binance have come under regulatory fire. The unfolding narrative involving…

Photo: alacary (Shutterstock)The U.S. government has a long history of using unconventional informants in its ongoing effort to catch crooks. Many times, those sources end up being criminals themselves, as a recent federal case clearly highlights. Crypto Exchanges Restrict WithdrawalsThis week, Forbes reported that a Los Angeles hairdresser wasarrested for attempting to orchestrate the murder of a Louisiana man. Authorities say Julia Coda used the online pseudonym “Bonfire” and funneled $10,000 in bitcoin to a dark web…

In the face of lawsuits targeting major players in the cryptocurrency industry such as Binance, Ripple, and Coinbase, Bitcoin (BTC) and Avorak AI (AVRK) continue to thrive, maintaining their positions in the ever-evolving world of blockchain technology. XRP Lawsuit The XRP lawsuit has been a significant legal battle for Ripple, the company behind the cryptocurrency. The U.S. Securities and Exchange Commission (SEC) sued Ripple in 2020, alleging that XRP is a security and that Ripple conducted an unregistered security…

The venture-capital giant cites a clearer regulatory path for U.K. crypto startups because of “more political will” there. The venture-capital giant cites a clearer regulatory path for U.K. crypto startups because of “more political will” there. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

First came the crypto winter, then the alleged fraud wrought by FTX founder Sam Bankman-Fried, and now the lawsuits.The U.S. Securities and Exchange Commission filed lawsuits last week against the world's biggest cryptocurrency exchanges, Binance and Coinbase, deepening tensions between the government and a volatile industry that has been marred by scandals and market meltdowns. Binance and Coinbase are both alleged to have violated the law by operating as securities exchanges without registering their businesses with…

First came the crypto winter, then the alleged fraud wrought by FTX founder Sam Bankman-Fried, and now the lawsuits. The US Securities and Exchange Commission filed lawsuits last week against the world's biggest cryptocurrency exchanges, Binance and Coinbase, deepening tensions between the government and a volatile industry that has been marred by scandals and market meltdowns. Binance and Coinbase are both alleged to have violated the law by operating as securities exchanges without registering their businesses with the…

Analytics Insight has listed the top 10 current cryptocurrency prices for 8th June 2023 US regulators bring a high-stakes case against Coinbase and Binance, alleging violations for failing to register as a securities exchange, broker, and clearing agency and focusing on determining whether digital tokens are securities. Analytics Insight has listed the top 10 current cryptocurrency prices as of 8th June 2023. Bitcoin- US$26,463.45 (down by 1.46%) Ethereum- US$1,843.14 (down by 1.88%) Tether- US$1.00 (up by 0.00%) BNB-…

A sharp weekend crypto selloff led by a slump in smaller digital tokens set off a fresh wave of anxiety among investors, following a week in which a crackdown by the US Securities and Exchange Commission on the sector gained significant pace.Altcoins including Cardano's ADA tumbled as much as 25% on Saturday before paring a sliver of the decline, while tokens including Solana's SOL, Polygon's MATIC and Avalanche's AVAX posted double-digit percentage drops. Bitcoin, the largest digital asset, slid about 3% as of 11 a.m.…

Nigeria's markets regulator has ordered the world's largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal."Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever," the Securities and Exchange Commission (SEC) said in a statement dated June 9. It said the company was not registered or regulated, making it illegal. Binance could not be immediately reached for…

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