New York(CNN) If you live in America, you’re not allowed to trade crypto derivatives. And if you’re a big international platform for trading crypto derivatives, you can’t let Americans trade those products if you haven’t registered with the boring-sounding but not-to-be-trifled-with federal regulator known as the Commodity Futures Trading Commission, or CFTC. Today, that regulator […]
PRESS RELEASE Published March 27, 2023 OneKey, a cryptocurrency hardware wallet company, has received investment support from Coinbase, making it the first hardware wallet team ever invested in by Coinbase. As a company dedicated to providing secure and convenient digital asset management solutions for global cryptocurrency users, OneKey has attracted considerable attention due to its […]
Comment on this story Comment Binance, the world’s largest cryptocurrency exchange, was charged on Wednesday by U.S. commodities regulators who allege the company violated regulations and showed American customers how to evade compliance controls. The Commodity Futures Trading Commission filed a civil complaint in federal court in the Northern District of Illinois, charging Binance and […]
BitcoinBTC and ethereum—the two largest cryptocurrencies— have rocketed so far this year as hyperinflation fears sweep Silicon Valley. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster The bitcoin price is up around 70% since the beginning of January, triggering a surge of bullish bitcoin price predictions. […]
Bitcoin (BTC) plunged below $27,000 after the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its founder Changpeng Zhao over allegations that the exchange knowingly offered unregistered crypto derivatives products in the U.S., a violation of federal law. The BTC/USD trading pair on the Coinbase exchange dropped to $26,525, its lowest […]
South Dakota’s House failed Monday to override Gov. Kristi Noem’s recent veto of a bill that would have created government regulations for the use of cryptocurrency in the state. The bill had passed smoothly throughout the legislature, and Noem’s veto of last week was upheld on a 37-30 vote. Proponents had argued the bill would […]
MakerDAO’s community on Monday approved a sweeping set of rules that outlines how the $7 billion lending platform Maker will function and make decisions in the future. The approved proposals include Maker’s guiding principles called “Constitution,” authored by Maker founder Rune Christensen, and lay a new foundation for the protocol’s governance, development, and investments of […]
Keep an Eye on These Coins The cryptocurrency market had a strong week overall, with nearly all tokens seeing a sizable increase in prices, perhaps because of global economic turmoil. There’s no guarantee this will continue, though that won’t stop market enthusiasts from celebrating the fact Bitcoin crossed $28,000. The upcoming weeks will be ones […]
The U.S. Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and founder Changpeng “CZ” Zhao Monday on allegations the company knowingly offered unregistered crypto derivatives products in the U.S. against federal law. The lawsuit, filed in the U.S. District Court for the Northern District of Illinois on Monday, alleged that Binance operated a derivatives […]
Having earned a boatload of money selling graphics processors to miners of crypto currencies like Bitcoin and Ethereum, Nvidia now says that cryptocurrencies are useless for society. Instead of wasting GPU compute power for mining, it can be used to run various artificial intelligence applications like smart chatbots. “All this crypto stuff, it needed parallel […]
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