Crypto Stories

[ad_1] In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his concerns regarding the crypto industry, emphasizing its alleged association with scams, fraud, and compliance issues within the broader market.  Compliance With Securities Laws In Crypto Gensler began by acknowledging that while cryptocurrencies constitute a relatively small segment of … Read more

[ad_1] The crypto market is currently buzzing with anticipation as Bitcoin options traders position themselves for what they foresee as a “substantial price rally” in September. Particularly, the derivatives market is expressing confidence, with a significant number of traders betting on Bitcoin surpassing the $100,000 mark. Bitcoin Market Optimism Amidst Whale Movements Recent analysis from … Read more

[ad_1] Share this article Grayscale, a leading crypto asset manager, has withdrawn its rule change application to the Securities and Exchange Commission (SEC) for an Ethereum futures exchange-traded fund (ETF), citing multiple delays by the federal regulator since the initial filing in September 2023. The notice of withdrawal, submitted on Tuesday, did not provide specific … Read more

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[ad_1] The crypto community’s attention has been drawn to a Shiba Inu whale that recently moved trillions of the meme coin. Given the magnitude of these transactions, community members have sought to discover where these tokens were transferred and the motive behind them. Shiba Inu Whale Moves 1.7 Trillion SHIB On-chain data shows that the … Read more

[ad_1] Fantom (FTM), a Layer-1 (L1) protocol, and its native token, FTM, have experienced significant gains and notable achievements in the first quarter (Q1) of 2024.  According to a comprehensive performance analysis conducted by Messari, amid the emerging crypto bull market, Fantom has emerged as one of the major beneficiaries, showing significant growth in key … Read more

[ad_1] Under the plan, 98% of FTX creditors will get up to 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX. [ad_2] Source #FTX #plans #full #pay #creditors #billions #compensation

[ad_1] FTX’s reorganization plan promises 98% of creditors over 100% cash repayment, with a total distribution value up to $16.3 billion. The post FTX to pay out at least 118% of recognized claims to 98% of its creditors appeared first on Crypto Briefing. [ad_2] Source #FTX #pay #recognized #claims #creditors

[ad_1] One of crypto’s most powerful government nemeses believes journalists question him about the burgeoning asset class way more than necessary. Securities and Exchange Commission (SEC) chairman Gary Gensler appeared for a nine-minute interview with CNBC on Wednesday and blamed the host for asking for such an “outsized ratio” of crypto-focused questions. Gensler Is Tired … Read more

[ad_1] Share this article Securities and Exchange Commission (SEC) Chairman Gary Gensler did not directly address whether Ethereum was a commodity or a security in an interview with CNBC on Tuesday. Instead, he shifted the focus towards broader regulatory concerns, specifically the protection of American investors and the conduct of intermediaries in the crypto market. … Read more