Author: AOTCC
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Circle squashes rumors of planned SEC enforcement action
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim.
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Charity tied to former FTX exec made $150M from insider trading: Report
The former FTX chief of staff reportedly ‘donated’ FTT tokens he had obtained at a price of $0.05, later selling them after public trading opened for $1.
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Binance CEO: crypto industry will probably move to non-dollar stablecoins
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”
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Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside.
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Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority
The industry group cited the Supreme Court’s recently reaffirmed “major questions” doctrine and listed ways the SEC’s alleged regulation by enforcement causes harm.
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Siemens issues €60M digital bond on a public blockchain
Siemens shared that the process of issuing digital bonds is much faster and more efficient than traditional bond-issuing methods.
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US lawmakers and experts debate SEC’s role in crypto regulation
Senator Tim Scott questioned whether the SEC had been “asleep at the wheel” amid major bankruptcies in the crypto space causing the loss of millions in user funds.
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Expect the SEC to use its Kraken playbook against staking protocols
Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the SEC is coming for those as well.
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Brainard reportedly moving from the Fed to head National Economic Council
Fed Vice Chair Lael Brainard became vice chair of the Fed after a partisan fight and has been considered for other top positions.
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NFT marketplace tokens soar in 2023, and Blur’s recent airdrop may extend the trend
NFT marketplace tokens are gaining the market’s attention, and Blur’s recent airdrop could extend the trend.