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SEC wins $12 million judgment against BitConnect representative

SEC wins $12 million judgment against BitConnect representative

The bulk of the SEC’s case, however, continues.

The post SEC wins $12 million judgment against BitConnect representative appeared first on The Block.

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A look at trading fees across spot exchanges

Quick Take

  • Luno, Liquid, Binance US, and FTX are the cheapest spot exchanges overall
  • FTX is the cheapest exchange for retail traders
  • Huobi, Gemini, Bitstamp, and Coinbase are the most expensive exchanges

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Binance enforces mandatory KYC on all users amid mounting regulatory pressure

The world’s largest crypto exchange now requires KYC on all users amid mounting compliance pressure from worldwide regulators.

The post Binance enforces mandatory KYC on all users amid mounting regulatory pressure appeared first on The Block.

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Coinbase is ready to purchase $500 million worth of crypto on its balance sheet

Coinbase plans to invest 10% of all future profits in crypto. 

The post Coinbase is ready to purchase $500 million worth of crypto on its balance sheet appeared first on The Block.

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BinanceUS wants to raise $100 million but investors are wary due to regulatory concerns

A source involved in the fundraising process confirmed to The Block that Binance.US is still working on raising a $100 million round.

The post BinanceUS wants to raise $100 million but investors are wary due to regulatory concerns appeared first on The Block.

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Everything you need to know about the stablecoin wars

Quick Take

  • Recent months have seen drastic changes in the information that stablecoin operators disclose to the public. 
  • Now, these major operators are locked in a competition to out-transparency each other.
  • Understanding what’s going on now requires first understanding the historical context.

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Wells Fargo, JPMorgan partner with NYDIG to launch bitcoin funds

NYDIG filed three forms with the Securities and Exchange Commission today for private bitcoin funds in association with major banks.

The post Wells Fargo, JPMorgan partner with NYDIG to launch bitcoin funds appeared first on The Block.

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‘Fractional’ NFT platform raises $7.9 million in seed funding

The Fractional Token Company, also known as Fractional.art or Fractional, has raised $7.9 million in total seed funding.

The post ‘Fractional’ NFT platform raises $7.9 million in seed funding appeared first on The Block.

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Brian Quintenz, crypto-friendly CFTC commissioner, to leave office at end of August

Brian Quintenz will leave the commission at the end of the month, he says.

The post Brian Quintenz, crypto-friendly CFTC commissioner, to leave office at end of August appeared first on The Block.

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1confirmation backs new NFT startup built for music artists in $2.2 million round

The project is looking to provide a haven for music artists amid the mania of the NFT market.

The post 1confirmation backs new NFT startup built for music artists in $2.2 million round appeared first on The Block.

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