The Securities and Exchange Commission (SEC) has expanded its investigation into Binance’s compliance with its consent decree, examining its asset controls and employee compensation. The U.S. Securities and Exchange Commission (SEC) has taken significant steps to strengthen oversight of cryptocurrency exchanges and compliance with federal law. Recent developments have led the SEC to deepen its investigation into Binance Holdings Limited and key figures associated with the company, including its former CEO Changpeng Zhao. The SEC’s investigation hinges on a consent order issued to Binance. The order required cryptocurrency exchanges to prove that they solely own and control their U.S.-based assets,…
Author: Crypto Flexs
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Another opportunity to work on revitalizing Ethereum staking: The Liquid retake protocol provides Ethereum with new opportunities to revitalize its staking ecosystem. As an evolution to traditional liquid staking, this protocol aims to democratize the staking environment and challenge the hegemony of existing liquid staking leaders by participating in Ethereum’s consensus process. While the traditional Liquid Stake Protocol commits the ETH deposited by users to the security of the PoS chain, Liquid Restake Protocol uses the funds to verify AVS, which verifies various systems such as rollups, oracles, bridges, etc.
Bitcoin has hit a new all-time high, surpassing its last high in November 2021, just below $69,000. Although it later fell back to just above $64,000, BTC’s brief surge against ATH sparked bullish sentiment across the market, pushing many altcoins above this year’s highs. Cardano (ADA) has surged 49% in the past month, sparking speculation in the ADA community. Will ADA ever reach $1? Solana (SOL), which is close behind Cardano, is also showing significant gains, up 37% over the same period. Meanwhile, BlockDAG (BDAG) entered the presale market with a bang, raising over $2.7 million despite only being in…
Liquid Staking is revolutionizing the DeFi landscape by allowing users to stake their cryptocurrency assets while maintaining liquidity and earning rewards. This innovative approach is gaining traction in the cryptocurrency community. The world of decentralized finance (DeFi) is constantly evolving, and one of the most exciting recent developments is the emergence of liquid staking. This innovative concept combines the benefits of traditional staking with the flexibility and liquidity of DeFi, creating new opportunities for cryptocurrency holders to maximize their returns and participate in the growing ecosystem. Introduction to Liquid Staking Liquid Staking is a mechanism that allows users to stake…
historical dayOn March 5, both Bitcoin and gold reached new all-time highs, marking the first time since Bitcoin’s inception that both assets have broken records simultaneously. Bitcoin soared above $69,200, while spot gold hit a new all-time high of $2,130, the previous high set in early December.market dynamicsAnalysts believe the rally in both assets is due to the prospect of lower interest rates in the future to manage the country’s debt burden. Bitcoin’s ongoing rally is also accelerating due to anticipation of the upcoming quadrennial halving event and massive inflows into spot Bitcoin exchange-traded funds (ETFs) in the United States.investor…
Blockchain technology has emerged as a game-changer for business, providing a decentralized and transparent platform for secure transactions. At the heart of this innovation is the concept of smart contracts, self-executing contracts coded on the blockchain.Automate contract execution and eliminate middlemen. This allows users to configure processes to reduce costs while minimizing the risk of human error. Additionally, its immutable nature ensures transparency and trust, as all involved parties can view contract terms and track contract performance in real time. To fully understand the benefits that blockchain and smart contracts can offer your business, it’s a good idea to leverage…
Let me put it this way: Nolimit City is going straight to hell because of this game. Assuming they haven’t punched that ticket yet. I loved watching supernatural stuff on TV. Ghost Hunters was my nightly ritual in my early twenties. The same goes for horror movies. I twirled them around and laughed. Even Emily Rose’s exorcism turned on that poor girl. She needs a chiropractor and an industrial carpet cleaner. Talk about “splashing the water.” It was me, the unwavering and unflappable horror-themed ‘Iron Lady’. By then, I had watched Paranormal Activity and had to sleep in my immediate…
Posted 1 minute ago In ~ ShapeShift’s settlement with the Securities and Exchange Commission “adds ambiguity” to the cryptocurrency industry, the agency’s Republican members said as they rebuked the agency’s recent enforcement actions. “The Commission’s enforcement action against ShapeShift is the latest in a continuing drama of the Commission’s ill-conceived cryptocurrency policy,” said SEC Commissioners Hester Peirce and Mark Uyeda. name On Wednesday.The SEC announced Tuesday that it has filed a trading halt against the cryptocurrency company. shape movement He was charged with operating as an unregistered securities dealer. The agency applied the Howey test, based on a 1946 U.S.…
Meme Coin dominated the cryptocurrency headlines as Dogwifhat recorded a price increase of nearly 50% in the last day after listing on Binance. The timing of Dogwifhat’s Binance listing coincides with the growing momentum of meme coins in the cryptocurrency space, driven by endorsements from influential figures and increased investor interest. Dogwifhat’s listing on Binance has significantly increased its visibility and market presence, establishing it as a prominent player in the evolving memetic cryptocurrency landscape. There is widespread speculation within the cryptocurrency community that Dogwifhat (WIF) could soon surge to $3. Optimism stems from observed market trends and potential catalysts,…
In a recent call to the Ethereum community, Ryan Berckmans, a veteran member of the Ethereum ecosystem, investor, and engineer, raised an urgent alarm about the possibility of a catastrophic failure within the Ethereum network if Ethereum is not included in the upcoming Pectra hard fork. I did. Enhancement Proposal (EIP) 7251, known as “maxeb”. This proposal seeks to address serious vulnerabilities in the network’s ability to handle increasing numbers of staked ETH by allowing greater integration of validators. Ethereum’s catastrophic scenario Berckmans spoke out through X (formerly Twitter). his worries, “Pectra, the next hard fork of Ethereum, must include…