On December 8, 2022, the Division of Corporate Finance within the Securities and Exchange Commission (“SEC”) published guidance on disclosure obligations related to recent disruptions in the crypto asset market. A sample letter to companies regarding recent developments in the crypto asset markets aims to improve compliance with disclosure obligations under SEC regulations. Federal law …
Africa is a relatively untapped gold mine as there are tons of opportunities yet to be fully explored. Savvy investors can see this and are continuously pouring huge sums of money into the continent. The infusion of cryptocurrency into the African banking sector is an opportunity yet to be fully explored. Although the crypto movement …
Stablecoin is now ruling the market and beating the economies of Bitcoin and Ethereum Cryptocurrencies have had a wild ride this year as Bitcoin and Ethereum have fallen more than 70% from their all-time highs in November 2022. Earlier, experts said that the correlation of the crypto market with the stock market has worsened the …
Dump Bitcoin! Stablecoin now accounts for 15% of the total crypto market Read More »
La Jolla-based Silvergate Capital has made a name for itself in recent years as one of several traditional banks providing deposit, fund transfer, security and other services to the cryptocurrency trading market. But two high-profile crypto-exchange bankruptcies — one of which allegedly involved fraud — have rattled the small financial institution’s stock and caught the …
The Financial Accounting Standards Board said companies will have to disclose details of their major cryptocurrency holdings as part of new proposed rules expected in the coming months. The disclosure plan unveiled Wednesday marks one of the final steps before a rule is proposed that — if approved — would fill a gap for companies …
COPENHAGEN, Denmark, Dec. 14, 2022 (GLOBE NEWSWIRE) — GamerPay, the marketplace for CS:GO gaming skins, backed by Y Combinator, FCVC, Aleksander Larsen (co-founder of Axie Infinity) among others, is introducing a new model without any which cryptocurrencies to buy and sell NFTs in web3 games on GamerPay.gg. Since ending Y Combinator in September 2021, GamerPay …
Players leave crypto in the dirt. Now there is a new i Read More »
Dietrich Knauth Dec 14 (Reuters) – Lawyers for bankrupt crypto exchange FTX will face off in court on Wednesday to fight a request for internal records by an insolvent subsidiary based in the Bahamas as the two battle over the scraps of the once high-traffic business. In an emergency hearing on Wednesday, the liquidators of …
Crypto exchange FTX struggles with Bahamas data access requests Read More »
The crypto the market traded with gains on the morning of December 14. The trading volume of most cryptocurrencies has grown significantly. Although some popular cryptocurrencies like Ethereum (ETH), Bitcoin (BTC), others traded with gains, some cryptocurrencies like Binance (BNB), others traded with losses. The crypto market capitalization rose about 2.92 percent to $872.78 billion …
Bitcoin (BTC) up 3.87%, Dogecoin (DOGE) up 1.78%, Ethereum (ETH) up 4.08% Read More »
Mayor Lori Lightfoot’s campaign surrogate and one of her 10 challengers tried Tuesday to link clear front-runner Jesus “Chuy” Garcia to indicted cryptocurrency billionaire Samuel Bankman-Fried. A day after FTX’s prodigious co-founder was arrested in the Bahamas to face charges of “orchestrating a scheme to defraud stock investors,” Lightfoot supporter and state Rep. Kelly Cassidy …
Campaign surrogate Lightfoot is trying to link Chuy to the accused crypto billionaire Read More »
If the focus of the crypto industry is still on trading crypto assets, it is a sign that the industry has not fulfilled its potential, according to Securities and Exchange Commissioner Hester Peirce often feels she is “on an island alone” within the SEC. “I look at these things differently than some of my colleagues.” …