Pinakabagong Balita sa Crypto at Market Updates

Pro-XRP Lawyer Reveals Expectation for Summary Judgment Verdict

Tech　　Inihayag ng Pro-XRP Lawyer ang Pag-asa para sa Buod ng Hatol ng Hatol　　21 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　XRP enthusiast and attorney Jeremy Hogan has revealed his expectations as regards the summary judgment ruling in the Ripple-SEC lawsuit.　　Hogan was responding to a Twitter user who asked if Judge Torres could make a summary judgment decision before the redacted documents are released.　　He answered that the judge does not have to wait for the documents to be released, but a more likely scenario is that she might wait. Hogan added that he would not hold his breath until after June 13.　　In a throwback to events in the Ripple lawsuit, it should be recalled that on May 16, Judge Torres issued a ruling denying the SECs motion to seal the Hinman documents. The countdown for the much-talked-about documents to be made public began with June 6 in mind.　　In the past week, both parties filed a joint letter for a one-week extension, until June 13, 2023, to file public, redacted versions of cross motions for summary judgment and accompanying exhibits, which include the Hinman materials.　　The request for an extension of time to June 13 was required due to the “voluminous nature of the

2023-05-25Industriya

Crypto Market Restricted Upside Value: Bank of America

crypto　　Crypto Market Restricted Upside Value: Bank of America　　20 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The analysts, Alkesh Shah and Andrew Moss, wrote that low belief, restricted catalysts, and achieving better results leave the digital asset sector stuck in a trading range with a challenging macro backdrop, likely capping digital assets upside.　　The other reasons accounting for restricted growth can be the cost of production, fees of exchanges, and chances of attracting specific regulation by the government. These are some of the other reasons which may count, but the market suggested some more reasons after analysis.　　This includes that the holders are increasing their holdings rather than trading or moving it around. And also, the prices are stagnant. This signals the lack of liquidity in the market. This can result in price swings.　　Bitcoin Price Remains Stagnant　　The best example in front is Bitcoin. The BTC prize remains stagnant at $17000. It can be said that it has reached the saturation point. And maybe, most of the people interested, have already bought it.　　The bank had discussions with the client. This discussion clarifies that hedge funds are returning to token trading. It means the fund, which is invested in commodities, real estate, art, etc., is coming

2023-05-25Industriya

U.S. Regulator Says CFTC Is Not Crypto-Friendly Over The SEC

crypto　　Sinabi ng Regulator ng US na Hindi Crypto-Friendly ang CFTC sa SEC　　16 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto News: The United States has witnessed a surge in crypto crackdowns, prompting businesses to consider relocating their operations offshore. Amidst these developments, a prominent U.S. regulator issued a strong statement, cautioning crypto companies against perceiving the Commodity Futures Trading Commission (CFTC) as a potentially friendlier regulator than the opulent Securities and Exchange Commission (SEC).　　CFTC Not A Potential Crypto Ally　　Christy Goldsmith Romero, one of the five commissioners at the CFTC, revealed that cryptocurrency cases now constitute approximately 20% of the agencys portfolio. This includes recent civil cases brought against major exchanges such as Binance and FTX. In March, the CFTC filed a lawsuit against Binance and its CEO Changpeng “CZ” Zhao, alleging the operation of a sham compliance program. CZ countered the allegations, describing them as an incomplete representation of facts.　　Additionally, the regulator voiced her dissent over the belief that the CFTC has a “light touch” when it comes to regulating cryptocurrencies. While taking a dig on the matter, Romero was quoted as saying:　　Light touch regulator would never be written on my tombstone.　　Goldsmith Romero dismissed the notion of hostility between the CFTC

2023-05-25Industriya

Winklevoss Twins Explore London As Crypto Haven Amid US Crackdown

crypto　　Winklevoss Twins Explore London Bilang Crypto Haven Sa gitna ng US Crackdown　　12 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Samantala, ang Winklevoss ay hindi lamang ang nakatayo pa rin upang ipagtanggol ang crypto sa US. Kamakailan, Coinbase　　Ang presyo ng pandaigdigang crypto market cap ay gumagalaw patagilid sa 1-araw na chart. Pinagmulan: Crypto TOTAL Market Cap sa TradingView.com　　Nararamdaman na ng crypto market ang init mula sa patuloy na crackdown sa crypto sa US. Sa nakalipas na 24 na oras, ang pandaigdigang crypto market ay bumaba ng 1.7% na may market value na nasa itaas ng $1 trilyon.

2023-05-25Industriya

NFTrade debuts cross-chain payments for NFTs – Cryptopolitan

Pananalapi　　Nag-debut ang NFTrade ng mga cross-chain na pagbabayad para sa mga NFT – Cryptopolitan　　11 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Nonfungible token (NFT) marketplace NFTrade has unveiled a new tampok that allows collectors to purchase items on one network while making payments on a separate network. This innovative capability has been made possible through an integration with the cross-chain messaging protocol Rarimo, as announced on May 23.　　The cross-chain purchase functionality on NFTrade supports transactions across Ethereum, Polygon, Avalanche, and BNB Chain. For instance, if a user wishes to buy an item on Avalanche, they can pay for it using a currency from any of the other three networks. The protocol facilitates the automatic swapping of the buyers tokens on the sending chain for the specific token desired by the seller on the receiving chain. Subsequently, the payment is made to the seller, and the NFT is released to the buyer.　　Importantly, this entire process is executed in a decentralized manner, with the developer never taking custody of the buyer‘s funds, according to the announcement. Furthermore, NFTrade’s feature integrates with Circles Cross-Chain Transfer Protocol (CCTP), enabling buyers who opt to pay with USD Coin to burn their tokens on one chain and

2023-05-25Industriya

Multichain Token Crashes Over 20% Amid Reports of Users Funds Being Stuck

Tech　　Nag-crash ang Multichain Token sa Higit sa 20% Sa gitna ng Mga Ulat ng Mga Pondo ng Mga User na Natigil　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Users of the cross-chain router protocol Multichain have been reportedly experiencing delays in receiving their funds following an upgrade.　　There have also been rumors about the arrest of the Multichain team, which is yet to be confirmed.　　MULTI Sinks 24% in 24 Hours　　Several Multichain users have complained about their funds being stuck in the protocol for as long as 72 hours. Part of the problem seems to stem from a backend upgrade, which the team said is taking longer than usual.　　According to an operation update provided on May 23, Multichain said:　　The upgrade of the back-end node is taking longer than expected. Most of the routes are working as usual, as some routes (Kava, zkSync, Polygon zkEVM) are suspended temporarily for now. All the affected transactions will arrive once the upgrade is complete.　　Meanwhile, ongoing discussions on Multichains Telegram channel as of May 24 revealed that all but one router was undergoing an upgrade. One of the admins in the group said, “Only one router left in the upgrade progress. Other 6 routers work fine now,” with

2023-05-25Industriya

Hestia Launches a Blockchain based Freelance Platform, Redefining...

blockchain　　Inilunsad ni Hestia ang isang Blockchain based na Freelance Platform, Muling Pagtukoy…　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Sa panahon kung saan ang mundo ng crypto ay pinangungunahan ng GameFi, DeFi, NFTs, at meme coins, binabago ni Hestia ang industriya sa pamamagitan ng pagpapakita kung paano mailalapat ang mga cryptocurrencies at teknolohiya ng blockchain sa mga tradisyonal na proyektong pang-ekonomiya.　　Ang Hestia, isang groundbreaking na desentralisadong freelance na platform, ay ginagamit ang kapangyarihan ng desentralisasyon upang ipagsiksikan ang ekonomiya ng gig at bigyang kapangyarihan ang mga freelancer at kliyente.　　Ang proyektong Hestia ay namumukod-tangi mula sa mga katapat nitong crypto sa pamamagitan ng pagtuon sa mga real-world na aplikasyon at paglikha ng isang napapanatiling ecosystem para sa malawak na hanay ng mga industriya. Sa pamamagitan ng paggamit ng mga pakinabang ng teknolohiyang blockchain, nag-aalok ang Hestia ng isang makabagong modelong pang-ekonomiya na nagbibigay-daan sa patas na pamamahagi ng kapangyarihan, kayamanan, at pamamahala ng komunidad.　　Isang Bagong Modelong Pang-ekonomiya: Desentralisasyon sa Ubod Nito　　Ibinubukod ito ng desentralisadong diskarte ni Hestia sa mga tradisyunal na freelance na platform, na kadalasang dumaranas ng mga isyu sa sentralisasyon at kaugnay na kawalan ng kahusayan. Sa pamamagitan ng pag-aalis ng pangangailangan para sa isang sentral na awtoridad, ang Hestia

2023-05-25Industriya

CFTC thinks crypto fraud is basically unstoppable – Cryptopolitan

crypto　　Iniisip ng CFTC na ang pandaraya sa crypto ay karaniwang hindi mapigilan - Cryptopolitan　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Cryptocurrency fraud, an emergent and daunting concern, appears to be a battle of epic proportions for regulatory agencies. The US Commodity Futures Trading Commission (CFTC), a key overseer of this increasingly complex space, is finding the scale of this malfeasance overwhelming, yet remains undeterred.　　Christy Goldsmith Romero, a distinguished commissioner of the CFTC, asserted at a recent white-collar crime conference at the New York City Bar Association that while the prevalence of crypto-related fraud is daunting, the agency remains resolute in its efforts.　　An alarming 20% of the CFTCs current caseload pertains to cryptocurrency, signifying a new frontier in its supervisory responsibilities.　　Highlighting the depth of this predicament are recent civil cases that the CFTC has brought against crypto exchanges like Binance and FTX. These cases illustrate the intricacies of the regulatory landscape.　　Binance, one of the largest global crypto exchanges, and its founder, Changpeng Zhao, have been sued by the CFTC for allegedly maintaining a veneer of compliance.　　While Zhao dismisses the allegations as an “incomplete recitation of facts”, the case highlights the challenges the agency faces in grappling with the fast-evolving digital asset

2023-05-25Industriya

BTC & ETH Drops as UK CPI Hits after Ages

Bitcoin Ethereum　　BTC & ETH Drops as UK CPI Hits after Ages　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The post BTC & ETH Drops as UK CPI Hits after Ages appeared first on Coinpedia Fintech News　　Bitcoin and other major cryptocurrencies fell due to poor UK performance in broader equity markets. With Bitcoin dropping below $27k during Asia trading and markets reacted to poor UK inflation figures. UK surprises as CPI (Customer Price Index) rose to 6.8% since 1992, surpassing the forecast of 6.2%. UK banks ongoing pressure in an interest rate hike, Bitcoin drops 2% in the past 24 hours, trading below the $27k resistance level and reversing earlier gains. Ether traded around $1,800 while SOL & BNB tokens show a loss.

2023-05-25Industriya

Ethereum Has Dual Regulatory Potential as Commodity and Security

Ethereum　　Ethereum Has Dual Regulatory Potential as Commodity and Security　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Dan Berkowitz, a former commissioner of the CFTC and former general counsel at the SEC, hinted that it is possible to categorize Ethereum as both a commodity and a security.　　As cryptocurrencies grow more popular, there is a rising need for clarity about their legal status, as many people see them differently based on the regulatory provisions within their jurisdiction. In what seems like an addition to the ongoing talks about the regulatory status of Ethereum, Dan Berkovitz, a former commissioner of the Commodities Future Trading Commission (CFTC), said in an interview on the May 23 edition of the unchained podcast that Ethereum could be a security and, at the same time, a commodity.　　According to him, Ethereum can fall under the Securities and Exchange Commission (SEC) and the CFTC regulatory provisions. While the former is making efforts to classify Ethereum clearly but tilts towards regarding it as a security, the latter regard it as a commodity.　　Explaining CFTC and SEC Overlapping Definitions　　Speaking further, he examined the definitions the two regulatory bodies provided for securities and commodities and identified some shared characteristics. According to the CFTC‘s provision, a

2023-05-25Ethereum

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