US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate

US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate

Post Views: 431 U.S. Senator Elizabeth Warren says that “too many crypto firms have been able to scam customers and leave ordinary investors holding the bag while insiders make off with their money.” She stressed the need for stronger rules, urging the Securities and Exchange Commission (SEC) and Congress to take action on crypto regulation….

Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations

Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations

Post Views: 457 The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed against the fine and has now submitted an application to register with the central bank. The Dutch central bank, De Nederlandsche Bank (DNB), revealed Monday…

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

Post Views: 492 Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a media report…

Globant Survey: Most Gamers Believe Metaverse Will Change the Gaming Industry Positively

Globant Survey: Most Gamers Believe Metaverse Will Change the Gaming Industry Positively

Post Views: 559 A survey published by Globant, a software development firm, and Yougov, found that most gamers believe that metaverse will change the gaming industry in a positive way. The survey, which consulted the opinion of 1,000 PC, console, and mobile gamers, also found that most gamers are still uncomfortable with advertising on the…

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

Post Views: 609 A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa…

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Weekend Gains

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Weekend Gains

Post Views: 411 Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week. Bitcoin (BTC) was in the green to start the week, as…

Play-to-Earn Fantasy Sports Game, Ultimate Champions, Announces July 25th Launch Date for Its CHAMP Token

Play-to-Earn Fantasy Sports Game, Ultimate Champions, Announces July 25th Launch Date for Its CHAMP Token

Post Views: 357 PRESS RELEASE. Unagi is shifting the way sports fans interact with their favorite sports clubs through their innovative free-to-play and play-to-earn fantasy sports game: Ultimate Champions. Live since April 2022, the company has shaken the industry with several trailblazing successes including: The fantasy sports market is estimated to grow to USD 50bn…

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

Post Views: 416 During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins stored in bitcoin treasuries has dropped since June 5,…

US and UK to Deepen Ties on Crypto Regulation, Says British Regulator

US and UK to Deepen Ties on Crypto Regulation, Says British Regulator

Post Views: 427 Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. The U.K. Financial…

Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation

Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation

Post Views: 349 The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,” he explained. SEC Chairman Gary Gensler outlined what to…