Tag: Doge

The price of Bitcoin looked set to reclaim $100,000 on Friday, rallying on the back of the United States Securities and Exchange Commission’s (SEC) decision to drop the lawsuit against crypto exchange Coinbase. However, the premier cryptocurrency failed to capitalize on this momentum shift following the $1.4 billion exploit...

Blockchain software company Consensys has submitted a letter to the US Securities and Exchange Commission (SEC) urging the withdrawal of a proposed definition amendment that could classify DeFi protocols as part of securities exchanges. The US-based blockchain firm is opposing this motion citing concerns over regulatory overreach and violations...

Kanye West, also known as Ye, is once again generating headlines, this time in the cryptocurrency space. The controversial musician and entrepreneur has announced the launch of his cryptocurrency, YZY, with the objective of creating a financial environment independent from traditional payment platforms. He initiated this course of action...

El Salvador’s pause in Bitcoin purchases may signal a shift towards more traditional financial strategies to secure international support. The post Has El Salvador halted daily Bitcoin purchases amid IMF loan agreement? appeared first on Crypto Briefing....

The cryptocurrency sector is a breeding ground for viral, community-driven projects, but the rise of racist meme coins has ignited debates about the limits of decentralization. This issue is gaining renewed attention after rapper Kanye West, who now goes by…...

Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands, and Hong Kong Telecommunications (HKT) have partnered to establish a joint venture (JV) focused on issuing a Hong Kong dollar-backed stablecoin. The JV intends to apply for a license under the Hong Kong Monetary Authority’s (HKMA) new regulatory framework. HKD-Backed Stablecoin...

Franklin Templeton, one of the world’s largest asset management firms, has submitted a proposal to the United States Securities and Exchange Commission (SEC) to issue a spot Solana ETF (exchange-traded fund). The asset manager joins several other applicants in the race to offer a SOL-based investment product to US...

Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred...

Following a brief ascent above $99,000 on Friday, the Bitcoin market experienced a negative end to the past trading week as prices crashed below $96,000 in a sharp descent. Based on these happenings, the premier cryptocurrency remains in consolidation with little indication of its long-term price movement. Notably, blockchain...

Ethereum is trading below the $2,700 mark after days of struggling to reclaim it and push above $2,800. Bulls have been unable to gain momentum, and selling pressure has kept ETH below key resistance levels. On Friday, the market was hit with negative news as Bybit, one of the...