SEC chair Gensler claps back at Coinbase, says crypto rules already exist

Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant.

Crypto Achilles Heel: How The Absence Of Settlement Infrastructure Is Holding Back The Market

Ram Ahluwalia, the CEO of PeerNova, recently commented on the liquidity challenges the crypto market faces. According to Ahluwalia, the lack of a crypto bank settlement layer has led to a significant drying up of liquidity, hurting market makers and other participants in the industry. Crypto’s Biggest Challenge In traditional finance, the solution to this […]

PEPE mania could be market top signal- Here’s why

The PEPE frenzy captured the attention of many investors and traders.

US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’

U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the “ACES Act,” for discussion in the Senate. The piece of legislation seeks to examine the level of adoption of bitcoin as a legal tender in El Salvador and how this might affect the financial stability […]

US Secret Service holds crypto, praises blockchain tech in Reddit AMA

In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT collection.

South Korean prosecutors seize $176M belonging to Terraform Labs founder

The $176 million assets linked to Do Kwon that were seized by South Korean authorities include a posh office complex, a car fleet, and a Galleria Foret apartment in the capital Seoul. […] Read More… The post South Korean prosecutors seize $176M belonging to Terraform Labs founder appeared first on CoinGeek.

Analyst Predicts Altcoins Boom Ahead of Bitcoin Halving – Is it Time to Invest?

The Bitcoin and the altcoins market has since been on a rollercoaster ride over the last few months, with investors looking to make gains at every opportunity, especially with the current trend of the creation of meme coins such as PEPE, AIDOGE, TURBO, and so on. Now, with the Bitcoin halving around the corner, renowned […]

OpenAI preps release of open source AI model: Report

The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own.

Polygon Ranks the Top in Monthly Active Wallets of ERC-4337

Polygon’s co-founder spotlights the highest active ERC-4337 wallets. The chart shows 4K active wallets over Polygon in April. The co-founder of Polygon, Sandeep Nailwal has shared a Nifty table chart for the detailed cross-chain over the year 2023. This chart details the monthly basis of Ethereum’s ERC-4337 wallets. pic.twitter.com/CGxA5nB41H — Sandeep Nailwal | sandeep. polygon […]

SUI token gets three core utilities but how has the network fared

The SUI token, a versatile powerhouse within the Sui Network, guards its realm, fuels transactions, and beckons holders to shape its governance destiny.