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Industry Talk

SEC has the power to regulate crypto securities: Gensler

The SEC chair wants to see cryptocurrency exchanges and brokers register with the agency.Gary Gensler, the Chair of the SEC, has said that the agency desire to see more cryptocurrency firms – brokers, exchanges; and so on – embrace regulation as the first major step toward consumer protection. In an interview with Yahoo Finance, Gensler […]

Industry Talk

The SEC Chairman’s position on PoS cryptocurrencies

According to a Washington Post story, Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), indicated on September 15 that cryptocurrencies that allow holders to stake their tokens may be deemed securities. According to Gensler, cryptocurrencies that use the staking consensus process may satisfy the Howey test, which evaluates whether an asset […]

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CryptoLeaks claims derogatory: Ava Labs CEO Gün Sirer

The report by CryptoLeaks has been met with much criticism by Ava Labs founder and CEO Emin Gün Sirer. Who calls it “an obvious fraud” that is “easily detectable.” Gün Sirer mentions that the allegations are depressing, and they come from “untrue claims” by Ava Labs’ ex-attorney Kyle Roche. Based on Gün, Kyle had lied to […]

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Xterio has raised $40 million in a round led by FunPlus and FTX

Xterio has raised $40 million in a round led by FunPlus and FTX Xterio, a company focused on developing and marketing mobile games and first-class Web3 has successfully raised $40 million. From FTX Ventures, FunPlus, Makers Fund, XPLA, and others, this information comes to light via a press statement. This latest investment brings Xterio’s total […]

Industry Talk

Binance and Virtuzone collaborate to allow crypto payment in UAE

In the United Arab Emirates, Binance and Virtuzone, the country’s most significant provider of business and company formation services. Have teamed up to enable crypto payments through Binance Pay. Virtuzone announced that they are now the first firm in the country to accept crypto payments. Through Binance Pay for business setup, Coin Journal learns from a […]

Industry Talk

Coinbase floats cryptocurrency before the Ethereum Merge

Crypto exchange Coinbase has launched Ethereum liquid staking token ahead of Ethereum’s migration to a proof of stake protocol.On August 24th, 2022, Coinbase confirms the release of their liquid staking token called Coinbase Wrapped Staked ETH (cbETH), on its official Twitter feed. This new development is coming soon. It’s called the Ethereum Merge. This event […]

Industry Talk

Crypto is not a get-rich-quick scheme, Finblox’s CEO

Peter Hoang, Finblox‘s co-founder and CEO, recently says to Business Insider that people shouldn’t think of cryptocurrency as a get-rich-quick investment. He says that those who see digital assets as a way to make quick money are likely to be disappointed. As the asset class is still in its early stages and is therefore subject […]

Industry Talk

Ntrinsec launches innovative security computerized platform

In a press release Coin Journal obtained, Ntrinsec launches its new key security automation platform which does away with inefficient key management. And other security risks associated with encryption key reuse. The Ntrinsec Automated Security Platform will consist of three core parts: an Encryption Key Manager, a Cryptographic Module, and a Cloud Security Controller. The […]

Industry Talk

Voyager’s creditors disagree with the payment of retention bonus

Several creditors of Voyager Digital are upset with the company’s plans to give financial retention bonuses to a select few employees. The dissenters feel that the crypto lender has not given convincing reasons for why these particular staffers deserve this extra money. Although the lender has gone bankrupt, creditors are worried that it hasn’t reduced […]

Industry Talk

Banks are more interested than ever in crypto: CF Benchmarks CEO

Sui Chung, the CEO of Benchmarks, recently told Blockworks in an interview that institutional interest in cryptocurrency is at an all-time high. This is primarily due to the increasing institutional adoption of Bitcoin, which has been driven by a number of factors. Including macroeconomic uncertainty, the search for yield, and increased interest from high-profile investors. […]

Industry Talk

STG price forecast after Stargate was listed by Binance

The STG Stargate Finance price exploded on Friday after being listed on Binance, the world’s largest cryptocurrency exchange. The token increased in value by more than 80%, reaching heights not seen since early June. It has now recovered by about 100% from its lowest point this week and boasts a market capitalization of over $69 […]

Industry Talk

Scrutinize crypto legal angles before investing, Fed tells banks

The US Federal Reserve Board has issued a stern warning to banks wanting to engage in crypto-related activities, or provide such services. Stressing the need for them to be aware of regulatory standards and guidelines. In a statement released on Tuesday. The Fed says that while “several banks have expressed interest in providing services related […]

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