The team behind Hong Kong-based Chain of Demand has built investment analytics engines for financial institutions and data providers like Bloomberg.
Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts, Bernstein Says
The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said.
Bitcoin’s MACD Indicator Flips Bearish, Scares Crypto Twitter
MACD histogram is a technical indicator widely used to gauge trend strength and trend changes.
Crypto Investing Platform Finblox Starts Offering Tokenized Treasury Yield With OpenEden
Demand for tokenized versions of short-term U.S. government bonds has been increasing as crypto investors turn to real-world assets to earn returns on their investments.
Investing Platform eToro to Delist Four Cryptocurrencies for U.S. Users Next Month
eToro cited “recent developments” as the reason for the move, referring to the SEC’s legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities.
Atomic Wallet Hackers Move Stolen Funds via OFAC-Sanctioned Exchange Garantex: Elliptic
The attackers are believed to be the infamous North Korean hacker group Lazarus, as per blockchain security firm Elliptic.
Shiba Inu Testnet Blockchain ‘Puppynet’ Crosses 20M Transactions
A large whale added over $10 million worth of SHIB tokens on Tuesday, data shows.
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update.
Sam Bankman-Fried’s Bahamas Litigation May Take ‘Months or Years,’ His Counsel Says
The FTX founder’s lawyers argue that a new Supreme Court judgment shows that he has not committed fraud.
First Mover Asia: Binance’s Exchange Flow Flips Positive; Bitcoin Trades Flat
ALSO: The co-founder of crypto security firm De.Fi called the price stabilization of crypto assets that plummeted after SEC lawsuits against Binance and Coinbase “mean regression.”
Bitcoin Dithers Below $26K as Investors Eye CPI Data, FOMC Rate Hike Decision
The largest cryptocurrency held its perch where it spent much of the previous three days.
SEC’s Temporary Restraining Order Would ‘Effectively End’ Binance.US Business, Company Claims
A Securities and Exchange Commission (SEC) Monday effort to freeze Binance.US’s funds is a “draconian and unduly burdensome” move, the U.S. affiliate of the global crypto exchange argued Monday.
BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities.
Crypto Catalyst Watch: What Might Move Markets This Week
The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items.
Polygon Takes Wraps Off Version 2.0
The protocol calls the latest version “the value layer of the Internet.”
Crypto Investment Funds See 8th Consecutive Week of Outflows
Unfavorable monetary and regulatory policy continue to take a toll on the industry.
Hong Kong Lawmaker Invites Coinbase to Apply to Operate in Region Amid U.S. SEC Crackdown
The company is excited to expand globally and wants to build in Abu Dhabi, Canada, Singapore, and get authorized with the U.K. under its upcoming crypto regime Tom Duff-Gordon Vice President of International Policy at Coinbase said.
Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong
It’s the first-such transaction by a Chinese financial institution in Hong Kong, according to the company.
BitGo’s Suit Against Galaxy Digital Over Canceled $1.2B Purchase Dismissed by Delaware Judge
Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market.
Binance.US Market Depth Declines 76% in June Following SEC Lawsuit
Binance.US’s market depth has dropped in June as market makers are fleeing the exchange following the SEC’s lawsuit.