The Securities and Exchange Commission announced Saturday (September 30) that Elon Musk, CEO and chairman of Tesla, and the green car company have agreed to pay a total of $40 million in fines and for Musk to resign as chairman to settle securities fraud charges. In a press release, the SEC said it charged Tesla […]
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After being unveiled in July of this year, the zero-fee decentralized trading platform StellarX has now been fully launched. StellarX, a Stellar-based zero-fee decentralized crypto exchange has left its beta phase and was fully launched Friday, September 28. The launch was announced in a blog post by Interstellar, the company behind the platform. The exchange, […]
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Around 50 of the top 100 coins by market cap see slight growth; Bitcoin has climbed above $6,600 again. Sunday, September 30: crypto markets are seeing a mix of red and green today. A little more than half of the top 100 cryptocurrencies have grown in the 24 hours to press time. The daily trade […]
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BTC price once again has torn through resistance levels and with many October catalysts seems to be on the cusp of a bullish breakout. Could a bull run be on the horizon? Market Analysis The last 3 weeks saw TRIG, VIBE, and INS predicted prior to their Northern price trends and this week an underpriced […]
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A crypto coalition led by Ripple plans to pay D.C. lobbyists to impact the government’s stance on cryptocurrencies. Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation, Bloomberg reported on Thursday, September 27. According to the report, the coalition of San-Francisco-based crypto […]
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U.S. judge ruled that crypto tokens are a commodity, yet again. This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what […]
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The CFTC has charged two defendants for the fraudulent solicitation of Bitcoin, impersonation of CFTC officials, and forging CFTC documents. The U.S. Commodity Futures Trading Commission (CFTC) has filed a suit against two defendants for the allegedly fraudulent solicitation of Bitcoin (BTC), according to an official press release published on Friday, September 28. The CFTC’s […]
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More than a dozen congressmen have sent a letter to the SEC asking the agency to provide more clear regulation regarding cryptocurrencies. A group of lawmakers from the U.S. Congress has sent a letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton, calling for regulatory clarity regarding cryptocurrencies, CNBC reported September 28. According to […]
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In an effort to get more clarity on the regulation of digital currencies, U.S. representatives wrote to U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton. The lawmakers are looking for the official to lay out how the agency plans to regulate digital currency in clearer terms, CNBC reported. The U.S. representatives wrote in the […]
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The U.S. SEC has filed charges against Marshall Islands-based corporation 1pool Ltd. for violating federal securities laws. The U.S. Securities and Exchange Commission (SEC) has filed charges against international securities dealer 1pool Ltd., which was offering Bitcoin-funded security-based swaps, according to an SEC announcement published September 27. Per the SEC, the case involves the Marshall […]
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