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Tag: bitcoin

Posted on 24/03/2023

Lindsay Lohan, other celebs settle with SEC over crypto case

Actress Lindsay Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims they promoted crypto investments to their millions of social media ...

Posted on 24/03/2023

Fugitive Crypto Executive Found Hiding in Balkans

Do Kwon, the founder of Terraform Labs, the ecosystem behind the Luna and UST cryptocurrencies which collapsed last May, has been arrested in Montenegro, according to local authorities.

Posted on 24/03/2023

Crypto Promoter Justin Sun Draws the Spotlight, This Time From Regulators

The Securities and Exchange Commisson recently brought civil charges related to crypto tokens against eight celebrities and Mr. Sun, who is known for once paying millions to have lunch with Warren ...

Posted on 24/03/2023

US SEC warns investors about risks of purchasing crypto asset securities

The U.S. Securities and Exchange Commission on Thursday issued an investor alert urging caution around crypto asset securities, warning that firms offering crypto investments may not be complying with ...

Posted on 24/03/2023

President’s Economic Report Blasts Crypto For Having No Fundamental Value

The Economic Report of the President is an annual publication by the Council of Economic Advisers that provides an in-depth analysis of the state of the U.S. economy, along with policy recommendations for addressing economic challenges.

Posted on 24/03/2023

Crypto price: Market fears crackdown amid ‘legal threats’ to Coinbase

Cryptocurrency exchange boss says firm is ‘right on the law, confident in the facts, and welcomes the opportunity to get before a court’

Posted on 24/03/2023

Coinbase falls after US SEC threatens to sue over some crypto products

Shares of Coinbase Global Inc fell 13% in premarket trading on Thursday after the U.S. Securities and Exchange Commission issued a notice declaring its intent to recommend an enforcement action against the crypto exchange's products.

Posted on 24/03/2023

Crypto fugitive Do Kwon arrested in Montenegro, says interior minister

We’ll send you a myFT Daily Digest email rounding up the latest Do Kwon news every morning. Authorities in Montenegro have arrested an individual believed to be South Korean fugitive Do Kwon, the crypto entrepreneur behind the $40bn implosion of the terraUSD and luna digital tokens last year.

Posted on 24/03/2023

The SEC’s recent moves against Coinbase and celebrity endorsers show the agency is getting serious about clamping down on crypto

told Insider that while the SEC cracks down on the crypto industry, other major economies like the EU, Japan, and the UK are actively working to settle on a regulatory pathway forward for the sector. ...

Posted on 24/03/2023

Crypto Council CEO Comments on Possible SEC Enforcement Action Against Coinbase Following Wells Notice

The EU has its landmark MiCA regulation, Japan is getting ready to issue further guidance, the UK is making moves to be a crypto hub, and Hong Kong is doing the same. Are we really going to allow one ...

Posted on 23/03/2023

Bitcoin, Ether, Forkast 500 NFT index fall, gold rises, as Janet Yellen rules out broad bank deposit insurance

Bitcoin and Ether fell during Asian trading hours on Friday ... The Shanghai Composite rose 0.64%, the Shenzhen Component Index rose 0.94%, Japan’s Nikkei 225 slid 0.17% and Hong Kong’s Hang Seng ...

Posted on 23/03/2023

Stocks Nudge Higher, Yellen ‘Blanket’, Coinbase On Notice, Swiss Hike, Boeing Deal

Stock futures nudge higher as Fed hints at rate hike pause; Yellen says no plan for 'blanket' bank deposit insurance' from Treasury; Coinbase shares tumble after crypto exchange gets SEC Wells Notice; ...

Posted on 23/03/2023

Toshiba board agrees to accept JIP’s $15.3 billion buyout proposal -Nikkei

Toshiba Corp's board on Thursday agreed to accept a buyout proposal worth around 2 trillion yen ($15.3 billion) from a consortium led by private equity firm Japan Industrial Partners (JIP), the Nikkei ...

Posted on 23/03/2023

Beware the ‘sensible’ crypto crowd — they’re worse than the fanatics

Much as it can be enjoyable to poke fun at the crypto bros — with their silly memes, irritating acronyms, puerile jokes and frankly ridiculous ideas about the world — I have to confess: I don’t believe they’re the main problem.

Posted on 23/03/2023

How crypto prices may react to the latest Fed decision

Bitcoin has an interesting setup heading into the next Fed decision day, with its price up 22% this month and a recent break in its correlation with stocks.

Posted on 23/03/2023

Japanese shares hover near session high on hints of Fed rate pause

SINGAPORE, March 23 (Reuters) - Japan’s Nikkei share average closed lower on Thursday, although it hovered near the session high amid a recovery in broader Asian markets as investors assessed the U.S.

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