February 2024 | Last Cryptocurrency News Feed

SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge

A group of state attorneys general are arguing that the U.S. Securities and Exchange Commission exceeded its authority in suing the crypto exchange Kraken.State law enforcement officials from Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota and Texas filed a joint amicus brief – or friend of the court filing – in the SEC's suit

CoinDesk Feed

SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver

DENVER – U.S. Securities and Exchange (SEC) Commissioner Hester Peirce said the top U.S. investment watchdog is in an “enforcement-only mode” when it comes to crypto, underscoring the uphill battle the industry faces against a litigious SEC.Speaking at ETHDenver Thursday, Peirce, the most crypto-friendly of the SEC’s five commissioners, bemoaned that a regulator needed to

Cryptocurrency News Feeds

Reversal: Merrill Lynch, Wells Fargo Begin Offering Bitcoin ETFs To Clients

Leading U.S. investment platforms Meryll Lynch and Wells Fargo are now offering clients access to Bitcoin spot ETFs despite initially hesitating on the move. As reported by Bloomberg, the firms are offering the ETFs to certain wealth management clients who specifically request the product, which allows clients to directly invest in BTC through an ETF

Cryptocurrency News Feeds

Seneca Recovers 80% of Funds After $6.4M Exploit

The Seneca Protocol hacker has given back $5.3 million worth of Ether tokens after draining $6.4 million on Ethereum and Arbitrum networks. Initial investigations suggested that an approval mechanism bug in the protocol’s smart contract was exploited. The stablecoin protocol had recently confirmed roping in with law enforcement but offered leniency, stating the team wouldn’t

CoinDesk Feed

StarkWare Unveils New ‘Stwo’ Cryptographic Prover That’s ‘Blazingly Fast’

DENVER, COLORADO – StarkWare, the developer firm behind layer-2 network Starknet, announced on Thursday at ETHDenver that it is building a new cryptographic prover, called Stwo.A prover is a key component for layer-2s, since they generate proofs that are then posted to the base layer blockchain – a crucial process in linking the networks and

CoinDesk Feed

Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years

Bitcoin is poised to close February with a 44% gain, its largest monthly advance since December 2020.Bitcoin demand via U.S.-listed spot bitcoin ETFs is met with constrained supply, dominated by long-term holders unwilling to sell, Galaxy's Alex Thorn said.Bitcoin (BTC) is on track to finish its strongest month since December 2020. Even with prices hovering

CoinDesk Feed

Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?

Tim Buckley, the Vanguard CEO under whose watch the giant asset manager has shunned spot bitcoin ETFs, will retire this year and a search is underway for his replacement, according to a statement from the company.While other major U.S. financial institutions have embraced the recently approved bitcoin ETFs, Vanguard has stood out for not allowing

Cryptocurrency News Feeds

We Asked ChatGPT if Pepe Coin (PEPE) Could Flip Shiba Inu (SHIB) in 2024

TL;DR Pepe Coin (PEPE) has experienced rapid growth, becoming a top performer in the meme coin market and challenging its competitors with a significant increase in value. Surpassing Shiba Inu’s market cap could be possible for PEPE with strategies like expanding its community, securing partnerships, and capitalizing on market trends. PEPE’s Chances Pepe Coin (PEPE)

Cryptocurrency News Feeds

Gemini Settles With New York DFS, Commits to Return $1.1 Billion to Earn Customers

Crypto exchange Gemini has agreed to return a minimum of $1.1 billion to customers of its defunct Gemini Earn Program as part of its settlement deal with New York regulators. Gemini, led by Tyler and Cameron Winklevoss, is also facing legal issues from the US Securities and Exchange Commission (SEC) and the New York Attorney

CoinDesk Feed

Bitcoin Is Hitting All-Time Highs Around the World

While bitcoin remains shy of its November 2021 all-time high in U.S. dollar terms, it has already breached record highs in local currencies in many markets around the globe.The U.S. dollar index (DXY) is ahead 10.7% since November 2021, meaning many currencies across the world have lost value. Among the countries where bitcoin has hit