Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities

Größte Umzugshelfer: XRP, SOL Move 5% Lower to Start the Week

Xrp plunged to a six-week low on Monday, as cryptocurrency markets moved further into the red. The global crypto market cap fell by over 3% zum Wochenstart, which comes days ahead of the upcoming U.S. Inflationsbericht. Solana also

Latam-Einblicke: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating

Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech

‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US

New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional

Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making

A lawyer has explained why the U.S. Wertpapier- und Börsenkommission (SEK) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,“, betonte er. Lawyer

SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse

After the second largest bank failure in history, die USA. Wertpapier- und Börsenkommission (SEK) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s executives

Voyager Digital Provides Update on Reimbursement Plan for Creditors

Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributionswithin the next few weeks.This update comes nine days

VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High

A buzz has been generated around a new layer one (Die Kryptowährungsbörse Coinbase kündigte an, dass die Plattform nun Cardano-Staking-Dienste ermöglichen wird) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project….