Gary Gensler

Gary Gensler: “Crypto Sector Full of Dealers and Scammers”

US Securities and Exchange Commission (SEC) Chairman Gary Gensler said at a conference he attended following back-to-back lawsuits against Binance and Coinbase that the “crypto sector is full of dealers and scammers.” Gary Gensler: «Crypto sector full of dealers, cheaters and scammers» Gensler, who attended the Piper Sandler Global Exchange & FinTech Conference online in New York, said most cryptocurrencies are…

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Cardano

Cardano: developer reveals future plans for the blockchain

A Cardano developer reveals the future plans of the third largest DeFi blockchain. The creation of Layer 2 solutions on ADA should become easier in the future. The idea follows a current trend in the project to increasingly hold the user community accountable. Buy Cardano now Developer reveals future plans for the blockchain A Cardano developer reveals…

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SEC

SEC Licenses This First Crypto Company

The SEC provides a first crypto company with a license as an exchange. The New York company Prometheum wants to lead the industry to more consumer protection. So far, however, the plans have large gaps. SEC Licenses This First Crypto Company The SEC grants a license to a first crypto company. The announcement comes as the conflict between…

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ESRB

The European Systemic Risk Board (ESRB) has published a report on cryptocurrencies

The European Systemic Risk Board (ESRB), a regulator responsible for the early detection of financial crises in Europe, issued a warning report on crypto and made recommendations. The ESRB also stated that leverage of cryptocurrencies should also be restricted. EU Authority Issues Crypto Warning: Risk Will Increase If… The European Systemic Risk Board has published a report on…

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Bitpanda

Bitpanda and Coinbase: Crypto exchanges enter into important partnership

Vienna-based cryptocurrency exchange Bitpanda and exchange Coinbase have signed a new partnership agreement. This emerges from a joint statement from today (Thursday, May 25). Under the terms of the agreement, Coinbase will provide liquidity to Bitpanda, while the Austrian crypto exchange will use Coinbase Prime’s custody services. Bitpanda announces important partnership Exchange Coinbase, which has problems with regulation in…

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Lightning exchange Boltz

BRC-20 tokens paralyzes the Lightning exchange Boltz

The Bitcoin blockchain has been experiencing a greatly increased number of transactions for days. Network fees are increasing massively. This already leads to a failure in the ecosystem. The drama surrounding BRC-20 tokens paralyzes the Lightning exchange Boltz. Boltz goes offline Boltz is a crypto exchange that can be used entirely without a user account. Services of this type…

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Liechtenstein

Bitcoin adoption in Liechtenstein imminent

The state bitcoin adoption in the Principality of Liechtenstein is imminent. Apparently, the head of government in the small country, who is also finance minister at the same time, is emulating a Swiss example. State Bitcoin adoption is imminent The state Bitcoin and crypto adoption of the Principality of Liechtenstein is imminent, as the Handelsblatt recently reported. The driving…

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Coinbase

Coinbase announces “vigorous defense” against SEC

Coinbase, the largest cryptocurrency exchange in the US, has announced its vigorous defense against a potential lawsuit by the Securities and Exchange Commission (SEC) in a blog post and possibly last-ditch effort. The company made it clear that it will fight back to the end against the authority, which it says has exceeded its powers. Coinbase announces “vigorous…

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Apple

Apple Removes Bitcoin Whitepaper From Mac Computers With New Update

Apple will remove the Bitcoin white paper from Mac computers with the upcoming version of its macOS Ventura operating system. This file was only discovered at the beginning of April . However, it had been on the US company’s computers since 2018. The white paper, which describes the basics of the cryptocurrency Bitcoin, will therefore no longer be available on…

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Avalanche Cortina

Avalanche Cortina Upgrade is live

The Avalanche Cortina Upgrade has been live since yesterday. The AVAX blockchain thus provides improved technical possibilities. By increasing simplicity for independent developers one wants to conquer the DeFi sector. The project is already well positioned in this area. Avalanche Cortina Upgrade is Live: What to Expect Now? The Avalanche Cortina Upgrade has been live since yesterday. The currently…

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stablecoin

France releases stablecoin

France releases its own stablecoin? To a certain extent. French bank Societe Generale is launching a euro stablecoin based on Ethereum. The program code used is meanwhile causing harsh hostilities in the crypto scene. France releases stablecoin France releases its own stablecoin. More precisely, the French bank Societe Generale-Forge (SGF) is responsible. The euro-based centralized stablecoin goes by the name of EUR CoinVertible (EURCV) and is…

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Trezor Model T

Trezor Model T introduces new privacy feature

The popular hardware wallet Trezor Model T introduces a new feature for user privacy. Thanks to the cooperation with a development studio, customers of the Czech company can now run CoinJoin directly via the Trezor Suite driver. Trezor Model T introduces new privacy feature Trezor is one of the biggest names among hardware wallet manufacturers. Now the…

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SUI

SUI launch imminent

The launch of SUI is imminent. The latest generation blockchain is eagerly awaited. When exactly the publication will take place is finally known. The first investors can already buy coins from today. The expectation of the project is huge – just like the venture capital behind the development. SUI launch is imminent: so the expectation is huge The launch…

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PostFinance

PostFinance sells Bitcoin

The Swiss PostFinance will soon be selling its customers Bitcoin and Altcoin. The fact that the country’s fifth-largest bank is now entering the young industry should be a good sign for the crypto market. The company wants to meet the demands of its own users in this way. PostFinance is a subsidiary of Swiss Post and…

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BGT

Banks in Switzerland are planning «book money tokens (BGT)»

The financial sector in Switzerland is planning a game-changer: The Swiss Bankers Association (SBA) has written a white paper covering the launch of a brand new stablecoin BGT pegged to the Swiss Franc (CHF). Switzerland: Banks plan «book money tokens» Together with experts and members of their banks, the SBA, which acts as the umbrella organization of…

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CFTC

CFTC files lawsuit against Binance

The US authority CFTC files a lawsuit against Binance. The world’s largest crypto exchange is accused of eight different charges. These include systemic insider trading and the targeted circumvention of anti-money laundering and anti-terrorism measures. CFTC files lawsuit against Binance The Commodity Futures Trading Commission (CFTC) is filing a lawsuit against Binance , a public document shows. The subject of the legal…

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G7

G7 call for crypto regulation: That is why it is now necessary

The G7 are calling for crypto regulation and will soon work together to draft comprehensive legislation. Interventions are necessary in order to create more consumer protection through better transparency, it is said. Secretly, the states may fear an increasing loss of importance of fiat money, which could manifest itself through the current banking crisis. The Basel-based Financial Stability…

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Ripple vs SEC

Ripple vs SEC: Why the Voyager decision could give an advantage

The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) seems to be going in the crypto company’s favour. The cryptocurrency firm recently requested that the decision be considered in Voyager’s bankruptcy case in its ongoing litigation. There, Judge Michael Wiles had approved a settlement because there was insufficient evidence to address the…

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WAAS

Coinbase releases WAAS

Coinbase releases Wallet As A Service , or WAAS for short. With this step, the US crypto exchange wants to promote the mass adoption of cryptocurrencies. In fact, however, the system seems to have clear pitfalls for end users. Coinbase releases Wallet As A Service Coinbase has recently stepped up its involvement in the crypto industry significantly. Recently, a…

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Polygon releases system

Polygon releases system for on-chain identification

Ethereum sidechain Polygon releases a system for on-chain identification of users called Polygon ID. The project was in a closed test phase for a year. User data should be better protected. Cardano founder Hoskinson considers functions of this type to be groundbreaking. Polygon releases system for on-chain identification After about a year of the closed test phase, Polygon…

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Cardano

Cardano is top mover in DeFi, ecosystem is growing steadily

Cardano is top mover in DeFi . The ecosystem is constantly growing. The whales also remain optimistic and are buying ADA heavily. Since the beginning of the year, they have caused price growth of up to 70 percent. Cardano: Ecosystem is constantly growing As can be seen from the Cardano Blockchain Insights , the Cardano ecosystem is constantly growing. At the beginning of…

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Celsius

Celsius rejects takeover negotiations

Insolvent crypto lender Celsius rejects takeover negotiations. The New York company filed for bankruptcy in July. In the meantime, various companies have offered to acquire or purchase certain systems. Celsius rejects takeover negotiations Prior to Celsius’ collapse in the summer of 2022, the company was one of the largest crypto lenders in the industry. The company itself used…

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Avalanche

Avalanche and Amazon cooperate

Avalanche and Amazon cooperate. Ava Labs, the core company behind the cryptocurrency , has been able to reach an agreement with Amazon Web Services (AWS) . From now on it is very easy to set up a network node of the blockchain project. The main aim is to reach governments and companies. As can be seen from a press release from Avalanche , Avalanche and Amazon…

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Celsius

Celsius: Customer deposits belong to crypto lenders – money gone?

Bad news in the case of insolvent crypto lender Celsius. A US judge is now deciding: users of the service voluntarily surrendered the ownership rights to their cryptocurrencies. What does this mean for users of the service? Crypto Lender retains customer deposits from the Earn Program Crypto Lender Celsius Network Collapses In Summer 2022. The Impact of the Bear…

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Sam Bankman-Fried

Charges against SBF: FTX founder pleads not guilty

Yesterday the first day of trial of the indictment against SBF began. The FTX founder pleaded not guilty in court. Authorities imposed further restrictions on him after funds were transferred from FTX Group wallets. Further negotiations will not take place until October. Charges against SBF: FTX founder pleads not guilty Sam Bankman-Fried (mostly SBF ) founded his trading company Alameda…

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Blur

Blur puts OpenSea under pressure

A new NFT marketplace was launched two months ago under the name Blur . Like some of its predecessors, the platform was able to quickly catch up with the market leader OpenSea, but this time it could actually be a sustainable development. New NFT marketplace puts pressure on OpenSea OpenSea turned five years old to the day yesterday. The…

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