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The Latest Breaking News from Crypto

Cathie Wood picked up over $21 million dollars worth of Coinbase as the stock plunged after SEC charges

ARK Invest bought the dip in Coinbase this week, providing a vote of confidence for the crypto space after a string of SEC lawsuits against exchanges.

Fortune

Two of the richest crypto bros saw nearly $2 billion wiped from their combined net worth

Coinbase CEO Brian Armstrong said he was “disappointed” by the SEC’s actions, arguing they were “not good for America.”

Fortune

'I dressed like a kid to go undercover in the crypto world and sold a dog photo as an NFT for $20k'

Award-winning journalist Ian Halperin went undercover to lift the lid on the mysterious world of cryptocurrency finding out shocking details about the scale of deaths among the new crypto millionaires

Daily Mirror

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Why Gary Gensler's crusade against crypto could mean the end of Coinbase in the US

The SEC chair's crusade against Coinbase and savvy politicking could mean the end of crypto companies in the U.S.

Fortune

Gensler steals the limelight from House Republicans

Another ambitious crypto bill is stalled by landmark SEC lawsuits against Binance and Coinbase.

Fortune

A crypto obsession and early Crocs investment lie behind an outsider’s ‘hustle mentality’

Maya Bakhai founded her venture capital firm after stints at PwC and Thirty Five Ventures – and an early bet that paid off big time

The Guardian - US

Bitcoin 2023 Exclusive: CoinFlip Launches Olliv, Aims To Be One-Stop Shop For Crypto

Benzinga gets a one-on-one interview with CoinFlip VP of Marketing Ella Wypasek and the future of crypto.

Zenger

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US SEC sues Coinbase for breaking market rules

The move, a day after it sued Binance and its founder, are part of SEC’s push to assert control over crypto markets.

Al Jazeera

SEC crypto crackdown: US regulator sues Binance and Coinbase

Securities and Exchange Commission is targeting cryptocurrency firms it thinks are bypassing regulation

The Guardian - UK

Coinbase and Binance suits make for a grim week in Cryptoland

Regulators are on a crypto warpath—and it’s only Tuesday!

Fortune

1 Tech Stock to Own, 2 to Sell

The technology industry appears well-positioned for solid expansion, driven by solid demand for its products and services. Amid this backdrop, it could be wise for investors to buy tech stock, Box (BOX). However, fundamentally weak HIVE Blockchain (HIVE) and Bakkt (BKKT) could be best avoided. Let’s discuss this in detail.

StockNews.com

Crypto exchange Coinbase just got slammed by the SEC: 'You simply can’t ignore the rules because you don’t like them'

SEC alleges Coinbase took part in unregistered securities trading in a fresh lawsuit. Coinbase disagrees that it's even trading securities.

PC Gamer

SEC accuses Coinbase cryptocurrency exchange of breaking US regulations

Securities and Exchange Commission sues platform for allegedly operating as unregistered broker

The Guardian - UK

U.S. crypto industry dodges a bullet with USDC not listed among crypto securities in SEC lawsuit against Coinbase

Fortune

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Fortune

Bitcoin and Ethereum sag as SEC suit against Coinbase weighs on crypto market

The slight dip follows a larger decline in the market after the SEC sued Binance on Monday.

Fortune

Meanwhile, a Bitcoin life insurer backed by Sam Altman and Google’s VC fund, raises $19 million at $100 million valuation

It’s “a life insurance company for the crypto economy,” Zac Townsend, cofounder and CEO, told Fortune.

Evening Standard

US crypto crackdown heats up as watchdog sues Coinbase for breaching securities laws

The SEC sued crypto exchange Binance yesterday, prompting customers to withdraw £1 billion in the space of 24 hours

Evening Standard

Binance customers withdraw over £1 billion in 24 hours after SEC lawsuit

The crypto exchance was accused of ‘an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.’

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Kiplinger

SEC Sues Coinbase and Binance, World's Two Largest Cryptocurrency Exchanges

The SEC charged leading crypto exchanges Coinbase and Binance with a laundry list of securities law violations, at an already fragile time for the cryptocurrency sector.

Fortune

Cboe Digital receives approval to expand crypto futures products for Bitcoin and Ether, calls it 'a win for the US industry'

The approval marks another victory for traditional financial firms in the crypto space.

Fortune

Solana, Polygon, Cardano, and BNB named as securities in SEC suit against Binance

The complaint expands jurisdiction for the agency as it continues to target key cryptocurrencies.

StockNews.com

Is Coinbase Global (COIN) a Tech Stock to Buy Now?

The burgeoning prospects of the global cryptocurrency sector is being clouded by heightened regulatory actions. Hence, would it be wise to buy crypto tech provider Coinbase Global (COIN) now? Let’s look at its key financial metrics to get an idea….

Fortune

Bitcoin, Ether, BNB, and other tokens tank after SEC sues Binance and Changpeng Zhao

The total market capitalization for all cryptocurrencies was down approximately 4.5% in the first hour after the suit was filed.

WEKU

The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit

U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.

Fortune

‘Extensive web of deception’: SEC accuses Binance and CEO Changpeng Zhao of mishandling customer funds, evading U.S. law

The lawsuit is the latest in a string of regulatory setbacks for the world's biggest crypto exchange.

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