SEC charges NFT project with securities law violations
The U.S. SEC charged Impact Theory, a Los Angeles-based media and entertainment company, on Monday with offering unregistered securities in the form of NFTs.
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Bitcoin, Ether trading flat as SEC targets firm offering NFTs
Bitcoin, Ether were little changed. Cardano led gains while Solana posted losses as experts say crypto prices are looking up.
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Asia’s richest man bets on blockchain, CBDC
Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies (CBDC).
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India’s PM advocates global ethical framework for cryptocurrency, artificial intelligence
Amid growing concerns around algorithm biases and their societal impact, India Prime Minister Modi calls for international consensus on ethical AI and crypto governance at the B20 summit.
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Bitcoin dips below US$26,000, crypto faces downward pressure amid Fed’s rate hike signals
Bitcoin and other major cryptocurrencies face headwinds on the first trading day of the week in Asia following the U.S. central bank’s Jackson Hole Symposium remarks, while Tron bucks the trend with modest gains.
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Binance delists sanctioned Russian lenders from P2P services: WSJ
Binance, the world’s largest crypto exchange, has removed sanctioned Russian banks from its P2P trading service, the Wall Street Journal reported on Friday.
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DeFi revenue remains resilient despite Curve Finance hack
Even as the value of assets in DeFi dips, service provider revenues stand strong, undeterred by the US$73 million Curve Finance breach, Forkast Labs data shows.
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Weekly Market Wrap: Bitcoin’s summer volatility, Coinbase’s new stake and anticipations on the Fed moves cryptocurrencies
From landmark business decisions to looming central bank announcements, the crypto landscape this week teemed with events that may shape the course of the market.