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SEC

cryptocurrency June 6, 2023

Jack Dorsey, the former CEO of Twitter, while replying to a comment on June 6, alleged that Ethereum (ETH), the world’s second-largest cryptocurrency exchange, is a security under United States laws.  Advertisements This controversially implies that holders of ETH should, as directed by law, comply with rules enforced by the Securities and Exchange Commission (SEC). Dorsey […]

cryptocurrency April 14, 2023

The price of Ethereum has surged to an 11-month high despite the withdrawal of nearly 240,000 ETH. The withdrawals did not have any negative impact on the Ethereum price trend as the crypto asset is on a surge spree. Advertisements As of the time of writing, ETH has recorded a price growth above 6% in […]

cryptocurrency February 14, 2023

Coinbase clarifies stance on staking, ETH faces uncertainty. Validators remain positive, however, traders remain pessimistic about the king altcoin. Coinbase, of late, has been found at the heart of the massive FUD surrounding the crypto market. The FUD was stirred due to SEC’s investigation into Coinbase’s rival firm, Kraken. Advertisements Now, after the Kraken incident […]

cryptocurrency February 13, 2023

On Thursday, it was revealed that crypto exchange Kraken reached a settlement with the Securities and Exchanges Commission (SEC) to stop offering staking services for Ethereum and similar cryptocurrencies. This news understandably triggered a dip in the prices of digital assets across the space, but the question now becomes, where does all of the staked […]

cryptocurrency February 12, 2023

ETH tanked to a two-week low at press time. However, ETH’s staking activity was not massively impacted.  The crypto space felt the pinch of yet another U.S. Securities and Exchange Commission (SEC) ruling. According to a 10 February tweet by Wu Blockchain, Kraken, the second-largest exchange in the U.S., “immediately” ceased its crypto staking-as-a-service platform […]

cryptocurrency February 10, 2023

Coinbase CEO’s tweet sparked speculation on SEC’s new crypto rulings. New regulations could impact the crypto industry and lead to problems. The crypto world has been buzzing for the last 24 hours, thanks to a tweet by Coinbase CEO Brian Armstrong. The speculation triggered by the tweet revolved around the potential impact of the SEC’s […]