Coin Edition
Consensys Fights Back Defending Ethereum Against SEC
SEC's use of Wells Notices without subsequent lawsuits raises questions on regulatory intent. Consensys denies SEC's allegations, emphasizing MetaMask's role as an interface, not a…
Democrat Maxine Waters Pushes for Stablecoin, Cannabis Banking Reforms
Progress on stablecoin regulation could enhance investor confidence and broaden adoption. Federal oversight aims to protect investors and ensure stability in the stablecoin market. Advocacy…
EU Sets Crypto AML Standards: Here Is What You Need to Know
EU Parliament mandates new KYC and AML rules for crypto on April 24, 2024. New regulations under MiCA are to be fully applicable by year-end.…
Changpeng Zhao’s Defense Calls for Probation in Money Laundering Case
CZ Zhao's legal team requests probation ahead of the April 30 sentencing. The defense emphasizes Zhao's first-time, non-violent offender status. Advocates propose home confinement in…
Nigeria’s Central Bank to Freeze Bybit, KuCoin, OKX, Binance Accounts
CBN instructs banks to identify and freeze accounts involved in crypto transactions. Regulated financial institutions are banned from accepting cryptocurrency payments. The government scrutinizes platforms…
Analyst Predicts DXY Retreat to 102-103: Could Bitcoin Hit $90,000?
DXY's resistance near 106 may drive Bitcoin higher as the dollar weakens. Divergent views on dollar trajectory impact Bitcoin sentiment. Trade tensions could strengthen USD,…
BNB Foundation Completes 27th Quarterly Burn of BNB Tokens
The BNB Foundation completed its 27th quarterly token burn. Approximately 1,944,452.51 BNB were removed from circulation, valued at about $1.17 billion. The BNB Chain now…
The Memecoin Momentum as Base Network’s Rise Post Ethereum London Upgrade
Memes are reshaping DeFi, attracting users beyond finance. Ethereum's fee reduction spurred memecoin growth on Base Network. Memecoins prioritize community and cultural engagement over mere…
Is Binance Losing Ground in Global Bitcoin Markets?
Binance's market share of Bitcoin trading fell from 81.3% to 55.3%. Bybit and OKX increased their non-U.S. market shares to 9.3% and 7.3%. Binance faces…
Elon Musk’s X (Formerly Twitter) Secures Major Payment Licenses Across 25 States
X's acquisition of money transmitter licenses propels it toward a comprehensive payment platform status. Integration of monetization tools empowers content creators on X to thrive…
