Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?

The United States Securities Exchange Commission (SEC) has requested a deposition from a representative of Kik Interactive Inc. to provide detailed information about its operations since releasing native token Kin.Kik Interactive, the Canadian company behind the Kik messenger application, has been dragged into a long-standing legal battle with the U.S. regulator. The SEC claims that…

Britains’ financial regulator, the Financial Conduct Authority (FCA), will not regulate Bitcoin (BTC) as a part of its recent guidance on crypto assets.On July 31, the FCA issued its finalized policy statement on cryptocurrencies in a document titled “PS19/22: Guidance on Cryptoassets.” The document represents an updated version of a consultation paper on crypto assets…

Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial payment platform.The current round includes investment from DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and Wildcat Ventures. Existing investors Leap Global…

Cryptocurrency exchanges OKEx and Bitfinex are suffering multiple denial of service attacks. It is unclear as of now if the attacks are connected, though OKEx CEO blamed competitors on his personal Weibo page.OKEx first suffered a distributed denial of service (DDoS) attack on Feb. 27 at approximately 11:30 AM EST. CEO Jay Hao posted on…

The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk" and complete cross-border transactions in seconds. 63 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Bank for International Settlements, or BIS, has reported it has concluded a project exploring international…

Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.

Anthony Pompliano sees the digital art market cap eventually passing $65 billion. Major players in the crypto community are betting big on digital art NFTs surpassing the physical art market.According to a Sept. 21 tweet from Messari analyst Mason Nystrom, sales of non-fungible token (NFT) marketplace Rarible passed $5 million in September, with a volume…

The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital.In an Oct. 12 announcement, the CFTC said it had filed a

Disclaimer: This article has been updated following a comment from a Bild Group spokesperson regarding the reason for the job cuts and the role of AI.German tabloid company Bild has denied reports it is laying off parts of its editorial team and replacing them with artificial intelligence and “automated processes.” A June 21 report from The Guardian, along…