Ad The cryptocurrency market cap saw net inflows of $4.1 billion over the last 24 hours and currently stands at $1.09 trillion — up 0.4% from $1.09 trillion. During the reporting period, Bitcoin and Ethereum’s market cap grew 0.7% and 0.8% to $461.18 billion and $201.77 billion, respectively. The top 10 crypto assets posted a…
Ad Former SEC branch chief Lisa Braganca warned the public against using certain emojis in promotional materials following a court ruling that classified DapperLabs’ use of emojis as investment advice. Braganca issued the warning via Twitter while referring to a recent court ruling against DapperLabs. Lisa Braganca via Twitter (24/02/2023) Using emojis relating to rocket…
Ad Coinbase’s Base is a crucial aspect of World Economic Forum (WEF) plans to bring about Central Bank Digital Currency (CBDC) tech, said the host of the Proof of Decentralization Podcast, Chris Blec. On Feb. 23, Coinbase announced the launch of its Base product. The company described the product as an Ethereum layer 2 enabling…
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Ad Digital asset management firm HashKey Group has received regulatory approval from the Securities and Futures Commission (SFC) of Hong Kong to expand its over-the-counter (OTC) trade offerings. HashKey Group had received two licenses from the SFC, allowing the firm to trade securities tokens and provide automated trading services. However, HashKey’s clients were only limited…
Ad Gamefi platform BinaryX completed the split of its native BNX token on Feb. 23. Following the announcement, the old BNX token surged up to 9500% — while the new BNX trades at $1.27, according to CryptoSlate data. BNX 1:100 token split Token split is carried out to increase the total supply of a token…
Ad Montana’s state senate passed a bill on Feb. 23 to protect individuals’ and businesses’ right to engage in cryptocurrency mining. The bill specifically aims to prevent the government from imposing higher electricity rates on crypto miners and imposing additional taxes on cryptocurrencies. It also seeks to ensure that mining firms can operate in industrial…
Ad A Massachusetts man faces charges after mining cryptocurrency in a school crawl space, according to a report from the Washington Post on Feb. 23. That report says that Nadeam Nahas, a Cohasset, MA, municipal employee, was set to be arraigned today for fraudulent electricity use and vandalism. He did not arrive in court, and…
Ad Circle CEO Jeremy Allaire told Bloomberg on Feb. 23 that the U.S. Securities and Exchange Commission should not be tasked with regulating stablecoins. Allaire said during an interview with the publication: “I don’t think the SEC is the regulator for stablecoins. There is a reason why … [governments are] specifically saying payment stablecoins are…
Ad The U.S. Federal Reserve announced on Feb. 23 that it had denied a request through which Custodia Bank sought supervision from the government agency. Custodia asked the Federal Reserve to reconsider a similar rejection from last month. At that time, the bank sought to become a member of the Federal Reserve system. The Federal…