Coinbase co-founder and Chief Executive Brian Armstrong accused the SEC of using “intimidation tactics behind closed doors” to stop his company from launching a lending program. ( read original story ...)
Coinbase CEO says SEC has threatened to sue over crypto lending program
The Securities and Exchange Commission has threatened the largest cryptocurrency exchange in the U.S. with a lawsuit if it moves forward with a program that would allow investors in digital assets to ... ( read original story ...)
The SEC threatens to sue Coinbase over its crypto lending product – and CEO Brian Armstrong responds by calling the regulator’s actions ‘sketchy’
"The SEC has told us it wants to sue us over Lend. We don't know why," Paul Grewal, Coinbase's chief legal officer, wrote in a blog. ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 0.89%
Japan equities were higher at the close on Wednesday, as gains in the Paper & Pulp , Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 added 0.89% to ... ( read original story ...)
Naomi Osaka Has Entered The Skincare Game
Four-time Grand Slam champion Naomi Osaka can now add skincare guru to her resume. Meet KINLÒ, the tennis star's new brand that was formulated specifically for darker skin tones and aims to begin a ... ( read original story ...)
Moody’s Making Crypto Hires
Moody’s is bolstering their crypto analytics team. The ratings service posted a trio of jobs this week: Crypto-asset analyst, crypto-asset framework designer and senior blockchain platform engineer, ... ( read original story ...)
Coinbase Says SEC Plans Enforcement Action Over Crypto Lending Program
Coinbase co-founder and Chief Executive Brian Armstrong accused the SEC of using ‘intimidation tactics behind closed doors’ to stop his company from launching a lending program. ( read original story ...)
UK watchdog calls out Kardashian West’s Instagram crypto ad
A British financial regulator, raising concern about the lack of rules for online promotion of cryptocurrencies, has called out celebrity influencer Kim Kardashian West’s use of her Instagram account ... ( read original story ...)
Japan Nikkei ends nearly six-month high
At closing bell, the 225-issue Nikkei Stock Average advanced 265.07 points, or 0.89%, to 30,181.21, its highest level since 18 March April 2021. The broader Topix index of all First Section issues on ... ( read original story ...)
Japan’s Nikkei ends at near 6-month high on bargain hunting for cheap stocks
"Foreign investors, who had paid little attention to Japanese stocks, have realised how cheap they are," said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo ... ( read original story ...)
The Best Hotels in Tokyo
These winning hotels, as voted by Travel + Leisure readers, earned the highest marks in Japan's dynamic capital city, Tokyo. ( read original story ...)
Coinbase Reveals Serious Warning Amid Sudden $400 Billion Bitcoin And Crypto Price Crash
Major bitcoin and cryptocurrency exchange Coinbase has revealed the U.S. Securities and Exchange Commission (SEC) has warned it will sue Coinbase if it launches a new digital asset lending ... ( read original story ...)
Bitcoin drops another 5% after overleveraged crypto market sheds $360 billion during El Salvador’s BTC rollout
Analysts said cryptocurrency investors had "bought the rumor, sold the fact" as El Salvador made bitcoin legal tender. ( read original story ...)
Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’
The cryptocurrency market posted staggering losses Tuesday as a wave of selling pummeled the prices of nearly every single coin—unraveling the gains priced in by a retail trading mania ahead of El ... ( read original story ...)
Crypto regulation is necessary for institutional adoption: Gemini
Regulation is an important step in helping protect investors, says cryptocurrency exchange Gemini's Jeremy Ng. He adds that regulation is good for the crytpo ecosystem. ( read original story ...)
Solana’s SOL Token Weathers the Crypto Tumble Sparked by Bitcoin
The sudden plunge in Bitcoin dragged the cryptocurrency world into a sea of red, but there was a key holdout: Solana’s SOL token. ( read original story ...)