• Former SEC chief Lisa Braganca warns against using emojis for investment advice. • This follows a U.S court ruling that classifying DapperLabs’ use of certain emojis as investment advice. • The court ruling referred to tweets containing the rocket ship, stock chart, and money bags emoji. SEC Chief Warns Against Use Of Emojis For…
Monat: Februar 2023
BUSD Market Cap Plummets 15%: Terra Tokens Declared Securities by SEC
• The U.S. Securities and Exchange Commission (SEC) declared Terra’s assorted tokens to be securities, causing them to drop an average of 5%. • Binance’s BUSD stablecoin experienced a 15% drop in market cap following news that issuance will cease. • Do Kwon allegedly cashed out 100M worth of BTC via Swiss Bank. Terra Tokens…
Bitcoin Losses Hit $200M After Kraken Settles With SEC
• Bitcoin (BTC) dropped 3.9% following Kraken’s settlement with the SEC to end staking for U.S. customers. • Bitcoin saw a realized loss of $200 million and a realized profit of $184 million on Feb. 9. • The total net realized loss stands at $16.2 million, suggesting liquidations were the main driver of negative price…
National Crypto Exchange to Launch in Indonesia Before 2023
• The Indonesian Trade Ministry is aiming to have a national cryptocurrency exchange set up before June 2023. • Five active exchanges out of the 25 registered with the Commodity Futures Trading Regulatory Agency are in the race to be part of the national bourse. • The government had placed a moratorium on the issuance…