Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks

Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks

SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency … Read more

SEC issues Wells notice to NFT marketplace OpenSea

SEC issues Wells notice to NFT marketplace OpenSea

In this photo illustration an OpenSea logo is displayed on a smartphone with stock market percentages in the background. Omar Marques | Lightrocket | Getty Images Crypto marketplace OpenSea has been added to the SEC’s list of targets, as the regulator extends its crackdown on the sector. The company’s CEO said in a post on … Read more

Trump ‘orange-pilled’ by three bitcoiners in Puerto Rico, $100 million

Trump ‘orange-pilled’ by three bitcoiners in Puerto Rico, 0 million

Former President Donald Trump’s photograph is seen on a digital display outside of the venue ahead of his afternoon keynote speech on the final day of the Bitcoin 2024 conference at Music City Center July 27, 2024 in Nashville, Tennessee.  Jon Cherry | Getty Images News | Getty Images NASHVILLE, Tenn. — A block away … Read more

Uniswap fights back against SEC as the ethereum crackdown continues

Uniswap fights back against SEC as the ethereum crackdown continues

For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names in decentralized finance are now fighting back. In a 40-page filing Tuesday, Uniswap Labs — … Read more

Crypto fraud and poor regulation may jeopardize ether ETF approval

Crypto fraud and poor regulation may jeopardize ether ETF approval

The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week. But it will likely fail due to a lack of an over-arching regulatory framework for all cryptocurrencies, according to Ric Edelman, head of the Digital Assets Council of Financial Professionals. “I think that there’s going … Read more

DOJ charges brothers with $25 million Ethereum heist that took 12 seconds

DOJ charges brothers with  million Ethereum heist that took 12 seconds

Jonathan Raa | Nurphoto | Getty Images The Department of Justice on Wednesday announced the indictment of two brothers for allegedly stealing $25 million in cryptocurrency within roughly 12 seconds. DOJ called it a “first-of-its kind” fraud, detailing the seconds-long scheme where the brothers allegedly manipulated the Ethereum blockchain to redirect pending transactions and steal … Read more

SEC Chair Gensler dodges Trump Media campaign finance questions

SEC Chair Gensler dodges Trump Media campaign finance questions

Securities and Exchange Commission Chair Gary Gensler on Tuesday refused to comment on speculation of whether Trump Media is a funding organ for Donald Trump’s presidential campaign. “I’m not going to speak on any one company,” Gensler said in an interview on CNBC’s “Squawk Box,” responding to a question on whether Trump Media is merely … Read more

Trump SEC would end climate disclosure rule, target ESG investments

Trump SEC would end climate disclosure rule, target ESG investments

Republican presidential candidate and former U.S. President Donald Trump shouts during a campaign event in Freeland, Michigan, U.S. May 1, 2024.  Brendan Mcdermid | Reuters The Securities and Exchange Commission under a second Donald Trump presidency would roll back the aggressive stance the government agency has taken against corporate giants with current chairman Gary Gensler … Read more

SEC scores big win in lawsuit against crypto exchange Coinbase

SEC scores big win in lawsuit against crypto exchange Coinbase

A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. Dado Ruvic | Reuters The Securities and Exchange Commission scored a major win in its lawsuit against Coinbase on Wednesday, as a judge ruled that its claim that the cryptocurrency exchange engaged in … Read more

What the SEC vote on climate disclosures means for investors

What the SEC vote on climate disclosures means for investors

Securities and Exchange Commission Chairman Gary Gensler testifies before Congress on July 19, 2023. Win Mcnamee | Getty Images News | Getty Images ‘A sensible rule to protect investors’ “Climate risk is financial risk,” Elizabeth Derbes, director of financial regulation and climate risk for the Natural Resources Defense Council, said in a written statement. “This … Read more