Crypto Biz: Wall Street gets a taste of altseason

Binance reportedly reached out to Trump’s family in 2024, offering to strike a business deal as part of a plan to resume Binance.US operations in the country. Representatives of US President Donald Trump’s family have reportedly held talks with Binance about potentially acquiring a stake in the crypto exchange. Binance reached out to Trump’s family

Two national securities bodies in Canada have issued a joint consultation paper on March 14, aiming to gather industry feedback about cryptocurrency token regulation.In a summary press release about the paper, the Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) said it was necessary to adapt existing laws in order to…

Crypto derivatives monthly volume hit a new all-time high of $602 billion in May. 965 Total views 37 Total shares Crypto derivatives monthly volume increased by one-third in May to hit a new all-time high of $602 billion, according to U.K.-based data aggregator CryptoCompare.The new record is only just a shade past the previous record in…

MakerDao (MKR) has published a new report that attempts to put the events of ‘Black Thursday’ into context — and recommends safeguards to ensure it can never happen again.On March 12-13 a roughly 50% crash in the price of Ethereum (ETH) led to the under-collateralization of the debt positions underpinning Maker’s Dai (DAI) stablecoin.The document,…

Take a quick look at CnLedger, a Twitter-based Chinese crypto news information source, and a tweet pinned at the top of its profile might come as something of a surprise:Next time people tell you bitcoin is banned in China, show him this pic. pic.twitter.com/MC3Q2yzBcx— cnLedger (@cnLedger) February 8, 2018On Sept. 30 2018, China’s oldest tech…

Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn. According to a report published by blockchain intelligence firm TRM Labs on June 28, a combined $7.8 billion was paid to cryptocurrency pyramid and Ponzi schemes worldwide in 2022. In addition, another $1.5 billion in crypto was alleged by…

EOS, the seventh-largest cryptocurrency by market capitalization, performed its first hard fork earlier today.The EOS update tracking tool maintained by the chain’s block producer, EOSNation, reports that EOS block producers (BP) signaled their intent to implement the update on the EOS Mainnet on Sept. 23 at 13:00 UTC.According to the website, this is the largest…

“The SEC [decided] to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States," said Brad Garlinghouse. 66 Total views 2 Total shares Brad Garlinghouse, the chief executive officer of Ripple Labs, has claimed the United States Securities and Exchange Commission, or SEC, has inconsistently imposed…