SEC Seeks to Amend Binance Lawsuit Affected platforms include Solana, Cardano, and Polygon. There may be several reasons why the SEC would take this action. The U.S. Securities and Exchange Commission (SEC) currently has the most power over crypto assets. In particular, the agency often takes legal action to enforce its views, as seen in the recent lawsuit against Binance. Specifically, the lawsuit labeled 10 crypto assets, including Solana and Cardano, as unregistered securities, which could set a detrimental legal precedent for these altcoins. Most recently, legal considerations have prompted the SEC to re-evaluate this definition. The agency asked the…
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Alvin Lang July 31, 2024 17:14 a16z Crypto has led a Series A funding round for Daylight, a protocol that aims to decentralize energy management through decentralized energy resources. a16z Crypto, a venture capital fund known for its investments in cryptocurrencies and web3 startups, has announced a significant investment in Daylight, a company focused on decentralizing energy management through distributed energy resources (DER). The move comes as part of a broader trend toward deploying DERs such as solar panels, batteries, and smart thermostats, which are seen as critical to modernizing the energy grid. Daylight’s…
B&B It showed significant bullish momentum, with a positive candlestick crossing the 100-day simple moving average (SMA) within the 4-hour timeframe. According to the previous market scenario, the digital currency was rejected several times at the $572 level. This sustained resistance paves the way for bulls to take the lead and push the price higher, targeting the $605 resistance level. As the market dynamics change, the key question is whether BNB will continue to Uptrend We reached our new goal of $605. In this article, we will analyze the recent price movements of BNB using technical indicators to see if…
Bitcoin (BTC) was volatile at the Wall Street open on July 31 as the market looked ahead to U.S. macro events and the monthly close.BTC/USD 1-hour chart. Source: TradingViewBitcoin falters ahead of Fed Powell meetingAccording to data from Cointelegraph Markets Pro and TradingView, the daily high on Bitstamp was $66,814 ahead of the Federal Reserve’s decision to change interest rates.According to CME Group’s FedWatch tool, the market expects the Federal Open Market Committee (FOMC) to keep interest rates unchanged until September, but traders are keeping an eye on comments from Federal Reserve Chair Jerome Powell after that.“We expect volatility to…
Many people are interested in investing in cryptocurrencies, but it is important to consider several factors when choosing the right currency and an exchange to trade and store it. First, you need to decide which currency to buy based on the different grades and methods of purchase.Cryptocurrencies are divided into those that have proven their reliability and those that have recently entered the market, so you can investigate which currencies are popular at the moment. Many people are curious about the potential of these currencies and the benefits they can provide.Features of choosing an exchange to buy cryptocurrencyIf you want…
People • July 31, 2024 11:03 AM EDT Posted 1 minute earlier In ~ First I had steak, now I have Snickers.Former US President Donald Trump promoted a limited edition Bitcoin-themed sneaker on social media on Wednesday, shortly after this year’s Republican presidential nominee spoke at Bitcoin 2024.“Speaking at the Bitcoin Conference in Nashville, Tennessee on Saturday,” Trump said in a Truth Social post. “Get your Bitcoin sneakers now. They are limited edition, individually numbered, and you can now pay with Bitcoin or your favorite crypto.” In his keynote speech at the Bitcoin 2024 conference in Nashville last Saturday, President…
Interac, a popular Canadian payment processing company, recently acquired the exclusive Canadian rights to operate Vouchr’s innovative multimedia platform. This acquisition, which represents a very strategic move, was made to improve the service and provide a more personalized experience for users. In 2022, Canadians will be able to use Interac Canada’s most respected technology services provider For the second year in a row, the platform has proven its clear and sustained success. The world of fintech is evolving and innovating at an incredible pace, and this is just one of many recent events in Canada that demonstrates how competition in…
Iris Coleman July 31, 2024 14:10 BNB Chain announced the integration of Reth to diversify the execution clients of BNB Smart Chain and opBNB and enhance security, efficiency, and decentralization. BNB Chain has announced that it is diversifying the clients running on the BNB Smart Chain (BSC) and opBNB networks by integrating Reth, a Rust-based full node implementation of the Ethereum protocol. According to the BNB Chain Blog, this move aims to enhance the security, efficiency, and decentralization of the network. Current Customer Environment Currently, BNB Smart Chain mainly uses Geth and Erigon clients,…
Rekt Capital, a prominent cryptocurrency analyst, suggests that Bitcoin (BTC) has reached a point in its market cycle where it has historically experienced a surge. The anonymous analyst tells his 483,000 followers on social media platform X that BTC is at a major turning point, similar to what has unfolded in previous chapters of Bitcoin’s history. Rekt Capital’s chart shows that BTC is forming a parabolic pattern right after it has clearly broken its previous high. “Bitcoin. We are here (green circle).” Source: Rekt Capital/X The analyst said that after bouncing back from $65,000, Bitcoin has officially established that level…
Icebreaker, co-founded by Coinbase and Google veterans Dan Stone and Jack Dillé, has raised $5 million in seed funding at a $21 million valuation to expand its team and build a blockchain answer to LinkedIn.According to a statement released on Wednesday, CoinFund led the fundraising, with participation from Accomplice, Anagram, and Legion Capital. The project wants to be “the world’s first open professional network” founded on the belief that people’s digital identities should not be owned by a single entity like LinkedIn.“One of the next big use cases for crypto is developing a native social graph that applications can leverage.…