SEC News

In a landmark legal settlement, Binance pays over $4.3 billion to the US Department of Justice, leading to significant leadership changes and impacting the global crypto market.

Mastercard’s subsidiary, Dynamic Yield, introduces Shopping Muse, an AI tool set to redefine the e-commerce experience with personalized, intuitive product searches.

Amidst a shifting NFT market, Tiger Global revises its investment strategy, marking down stakes in major NFT projects while maintaining a focus on diverse blockchain initiatives.

Amid a resurgent cryptocurrency market, Standard Chartered Bank reiterates its April prediction, forecasting Bitcoin to reach a landmark value of $100,000 by the end of 2024, driven by potential U.S. spot Bitcoin ETF approvals and the upcoming Bitcoin halving event.

As countries like the U.S. edge closer to approving Spot Bitcoin ETFs, the global financial sector anticipates significant shifts in cryptocurrency investment and regulation.

Recent data shows a significant upsurge in the AI-focused cryptocurrency sector, led by Bittensor (TAO) and marked by a trading volume crossing $3 billion, signaling growing investor interest in AI-related digital assets.

Amidst regulatory changes and growing institutional involvement, Bitcoin’s market sees a bullish momentum with record-high holder confidence and optimistic future projections for 2024.

In a series of transformative advancements, Ethereum deploys ERC-4337 for account abstraction and plans major staking mechanism redesign, as articulated by co-founder Vitalik Buterin, marking a significant shift towards improved security and decentralization.

The global metaverse market, currently valued at $68.49 billion, is estimated to soar to around $3,118.67 billion by 2032, driven by advancements in AR, VR, and blockchain technologies, despite facing challenges in standardization and accessibility.

Bitcoin’s recent performance showcases its strength in the market, balancing between consolidation and resistance levels, as it continues to dominate the cryptocurrency arena.

Despite challenges, Ethereum’s total value locked in DApps reaches a new high of $26 billion, bolstered by a strong NFT market presence and upcoming network advancements, illustrating its robust growth and innovation in the cryptocurrency landscape.

Ethereum maintains upward trajectory with increased DApp metrics and NFT dominance, as Binance navigates significant regulatory fines and shifts in the crypto market.

Following its September 2023 rebranding, Justin Sun’s cryptocurrency exchange HTX faced two significant hacking incidents, with the latest attack resulting in a $97 million loss.

Amidst fluctuations, the AI-focused cryptocurrency market demonstrates resilience, recovering to a value of $3.32 billion after a significant mid-year dip, highlighting the sector’s dynamic and speculative nature.

Bitcoin, the pioneering cryptocurrency, achieved a historic milestone on November 19, 2023, by confirming the highest number of daily transactions ever recorded within a 24-hour period.

Ethereum (ETH) has been exhibiting a bullish pattern, reaching a peak value of $2,041 on November 20, 2023. As the second-largest cryptocurrency by market capitalization, Ethereum’s market cap has climbed to $242.34 billion, with a 24-hour trading volume of $12.07 billion​​​​​​.

Bitcoin’s network demonstrates resilience with a sustained hashrate of 468 EH/s, while miners prepare for a projected 3% increase in difficulty, marking a significant phase in the cryptocurrency’s evolution.

The European Banking Authority unveils draft guidelines for stablecoin issuers, focusing on liquidity, capital, and risk management in alignment with the upcoming MiCA regulation.

In a decisive verdict, Sam Bankman-Fried is found guilty on seven counts of fraud and conspiracy.

Riot Platforms sets a new company record with 10.9 EH/s hash rate capacity, culminating in the production of 1,106 Bitcoins and revenue reaching $51.9 million in Q3 2023.

Canada dominates the expanding spot Bitcoin ETF scene, reflecting a shift in investment strategies toward digital assets.

OpenAI CEO Sam Altman announces ChatGPT’s 100 million weekly users and introduces substantial AI model improvements at Developer Conference.

The FCA and the Bank of England are calling for industry feedback on their proposed stablecoin regulation framework, aimed at targeting systemic payment systems and ensuring financial stability. The move marks a significant step in the UK’s efforts to establish a safe and regulated environment for digital currencies.

In a landmark decision, Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, has been convicted on multiple charges of fraud and conspiracy. The verdict marks a pivotal moment for accountability in the cryptocurrency industry as customers and investors look towards restitution.

In a remarkable shift of market dynamics, the premium on Ethereum futures has reached parity with that of Bitcoin futures on the Chicago Mercantile Exchange (CME), a development not seen since August.

KuCoin, a prominent cryptocurrency exchange, recently unveiled its 17th edition of the survey report titled Into The Cryptoverse: Understanding Crypto Users in the UAE.

The ongoing saga surrounding the Celsius Network LLC’s bankruptcy has taken another turn. The New York judge presiding over the case has called on the US Securities and Exchange Commission (SEC) to expedite its decision-making process regarding the cryptocurrency lender’s proposal.

In a bid to enhance its standing on the international stage, Turkey is actively preparing new legislation to govern crypto-assets.