Tag: Crypto

The crypto market cap sits at 3.32 trillion dollars, and for us watching screens a little too long, it is somehow bullish. Bitcoin price keeps pulling focus, driving the direction of the crypto market as a whole. Crypto market cap holds steady, and Bitcoin price refuses to slip; it...

Leading real estate developer MegPrime Holding, LLC, said Thursday it will launch a “universal payments” cryptocurrency after receiving approval from the SEC. Cryptocurrency For Affordable Housing? The Texas-based homebuilder received a No-Action Letter from the regulator to roll out the cryptocurrency, named MegPrime Token (MP Token). The token aims to...

Utah resident Brian Gary Sewell has been sentenced to three years in federal prison for his role in defrauding investors out of roughly $2.9 million through an unlicensed cryptocurrency business. Sewell pleaded guilty to wire fraud and was sentenced to…...

KAITO token price dropped as much as 24% on Friday after the development team at Kaito revealed they would be ending their Yaps program. It has dropped below a key descending trendline, making it vulnerable to more losses ahead. In…...

California regulators have imposed a $500,000 fine on crypto lending firm Nexo Capital for issuing loans without properly assessing the borrower’s ability to repay. Between July 26, 2018, and Nov. 22, 2022, Nexo “offered consumer and commercial loans to at…...

The US Senate Banking Committee, led by Chairman Tim Scott, has postponed the markup of a crypto market structure bill that was scheduled for Thursday. “I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and…...

financial technology company, LMAX Group, announced a significant partnership with blockchain payment leader Ripple on Thursday, backed by a $150 million investment from the crypto firm, aimed at incorporating its RLUSD stablecoin into LMAX’s payment infrastructure. New Trading Solutions With Ripple’s Stablecoin The integration of RLUSD will serve as...

Citron Research on Thursday accused Coinbase CEO Brian Armstrong of opposing the Senate’s CLARITY Act to protect the exchange’s stablecoin yield business from new competition, as debate over the bill intensified in Washington and across the crypto industry. The allegation has widened a public split within crypto, pitting Coinbase’s...

The CEO of Bank of America has warned that trillions of dollars could flee from bank deposits to the stablecoin sector if the upcoming crypto market structure bill allows interest payments on the tokens. Banking System Could Face $6 Trillion Problem On Wednesday, Bank of America CEO Brian Moynihan...

The new futures contracts, available in micro and standard sizes, are set to launch on Feb. 9, pending regulatory approval....