Three Crypto Exchanges May Be Operating Illegally, NY Says - Bloomberg

The $2 trillion crypto market and the exchanges operating in the space have no regulation leaving investors vulnerable said SEC's Gensler......»»

Reginald Fowler has rejected a plea deal with the U.S. government in an ongoing case that accuses him of operating "shadow bank" services tied to crypto exchanges......»»

Just minutes after Bloomberg reported that 'Flash Boys'-like trading manipulation is rampant on certain cryptocurrency exchanges, the entire crypto space tumbled on heavy volume. According .....»»

Swiss crypto-mining startup, envion AG, has called on crypto exchanges around the world to cease trading in EVN tokens. Apparently, a large number of tokens have been generated illegally, part of which had already been put .....»»

Criminal charges against the two men consist of money laundering and operating as an unlicensed money transmitter......»»

James Seyffart, a prominent ETF analyst at Bloomberg Intelligence, shared his insights on the current state of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs, providing context on the recent read more.....»»

Although crypto markets seemed to recover from the recent fall, some believe that regulatory uncertainties surrounding Bitcoin mining and trading firms in China could lead to even more sell pressure going forward. read more.....»»

Chia Network Inc, the company associated with the eponymous Chia Network (XCH) token, was valued at $500 million in a recent funding round, Bloomberg reported Monday. read more.....»»

Crypto assets have "very weak fundamentals and are "subject to a lot of volatility," ECB VP Luis de Guindos told Bloomberg on Wednesday. European Central Bank Vice President Lui.....»»

Major crypto exchanges across the world.....»»

Bitcoin is down roughly 25% since Elon Musk said Tesla would no longer accept the digital currency due to its environmental impact. Francesco Carta fotografo/ Getty Images .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Binance isn't accused of any wrongdoing by the federal agencies, Bloomberg reported. The US is widely trying to root out illicit activity in the crypto market. Chaopeng Zhang is the founder and CEO of crypto exchange Binance. Binance .....»»

"21Shares is forging a new path for crypto ETPs," Wood told Bloomberg about her new position on the board of Anum Holdings. ARK Invest CEO Cathie Wood. ARK Invest Ark Invest CEO Cathie Wood has j.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

S&P Dow Jones Indices launched its first three crypto indexes on Monday, according to a report from CoinDesk. What Happened: The three indexes will measure the performance of digital assets listed on registered open exchanges. read more.....»»

DeFi Boom Sends Ethereum To New Record Highs As Traders Digest Tom Lee's $10,500 Target Bitcoin and crypto markets have been rebounding this week after the prior week’s sell off. Source: Bloomberg.....»»

Sony Group Corp (NYSE: SONY) will repurchase up to $1.8 billion (200 billion yen) shares after posting quarterly profit below expectations, Bloomberg reports. Earnings: The March quarter operating .....»»

Under new regulations, all 200 of South Korea's crypto exchanges could be shut down according .....»»

Coinbase faced possible delisting on two exchanges because of a reference code mistake. The Coinbas.....»»