NOT Financial News
27.02 / 11:35
NOT
Avalanche’s growth can come to a halt if these factors are not addressed
Avalanche has been on the receiving end of the current bullish sentiment of the crypto market. Over the last week, it registered an uptick in its TVL and market cap. However, this growth could come to an end soon due to many factors.
25.02 / 20:47
Blockchain
UPS
BTC
CryptoQuant
NOT
Bitcoin: Assessing whether or not a local bottom has been reached
CryptoQuant analyst Joao Wedson has suggested that Bitcoin’s [BTC] price, which saw a 6% decline in the last week, may have hit a local bottom at the $24,000 price mark.
25.02 / 03:33
Provident
Interface
Updates
NOT
1INCH not out of the woods yet, despite updates: Exploring why
1inch Network [1INCH] announced an update for its RabbitHole on 23 February. For the uninitiated, RabbitHole is a custom RPC feature that protects Metamask users from front-running, directly within the 1inch user interface.
24.02 / 06:31
Stablecoin
regulation
SEC
security
Circle
Usd Coin
NOT
SEC is not the appropriate regulator for stablecoins: Circle CEO
The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire.
23.02 / 01:19
Government
Law
regulation
SEC
us government
NOT
Gary Gensler’s SEC is playing a game, but not the one you think
On Feb. 13, a federal judge put the Securities and Exchange Commission and the Commodity Futures Trading Commission cases against former FTX CEO Sam Bankman-Fried on hold. You’ll be forgiven if you missed this story — headlines and social media were dominated by the breaking news that the SEC was suing crypto firm Paxos for minting Binance’s stablecoin, Binance USD (BUSD).
22.02 / 22:51
COST
Man
MPs
NOT
FCA has not worked out investor cost of ESG regime, MPs told
The Financial Conduct Authority has not worked out the potential costs investors may incur to leave green funds that would no longer qualify for the label under the its new ESG regime.
22.02 / 19:41
Digital
Remark
NOT
Why stablecoins may not replace fiat currency, as per BIS Chief
Agustin Carstens, general manager at the Bank for International Settlements, stated in a 22 February speech that the events of 2022 have “severe questions on the ability of stablecoins to serve as money.”
22.02 / 17:51
markets
business
Blockchain
Technology
Adoption
Developers
Coding
NOT
11 tech jobs that do not require coding skills
Tech jobs that do not require coding are important for several reasons. Firstly, they provide opportunities for individuals who may not have the technical background or interest in coding to work in the tech industry. This can help diversify the industry and bring in fresh perspectives and skill sets. Additionally, these roles are crucial for the successful development and launch of tech products and services.
22.02 / 01:13
markets
Ethereum
Ether price
NOT
Ethereum derivatives data suggests $1,700 might not remain a resistance level for long
The price of Ether (ETH) rallied 18% between Feb. 13 and Feb. 16 but has since been range trading near the $1,700 level. Despite the recent price improvement, Ether derivatives metrics remain neutral-to-bullish ponder the investors the tighter regulatory environment and the potential impact of Ethereum’s Shanghai upgrade.
21.02 / 03:15
coinbase
NOT
Coinbase’s EU chief: We’re growing in the UK – but we’re not hiring yet
Coinbase’s new head of Europe says the firm is looking to grow its offering in the UK and Europe, amid regulatory pressure in its home market of the US.
20.02 / 19:13
Stablecoin
Binance
Google
G20
TON
USDC
NOT
Today in Crypto: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service, Stellar & USDC Added to Wirex Wallet
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________
20.02 / 15:27
UPS
Future
NOT
regulatory
FSB says many current stablecoins will not meet future regulatory standards
Emphasising the critical nature of regulatory oversight for the sector, Knot says: "We have now seen first-hand that the failure of a key intermediary in the crypto-asset ecosystem can quickly transmit risks to other parts of that ecosystem. And, if linkages to traditional finance grow, risks from crypto-asset markets could spill over onto the broader financial system."Stablecoins are seen as an effective transmission mechanism for financial shocks that could make threats to financial stability more acute, says Knot.The G20 has charged the FSB with coordinating the delivery of a comprehensive regulatory framework for crypto-assets which is expected to be completed later this year.
17.02 / 01:17
16.02 / 16:11
Cardano
Moon
Cardano price
NOT
Cardano Price Forecast as Founder of Crypto Capital Venture Says ADA is Likely Not a Security – ADA to the Moon?
ADA, the ticker for cryptocurrency Cardano, the token that powers the smart-contract-enabled Cardano blockchain, is seeing a modest pull-back on Thursday in the wake of a ferocious two-day rally. Since Monday’s lows under $0.35, Cardano has seen a stunning nearly 18% rally, with ADA/USD last changing hands just above $0.4050. That a little over 3.0% below earlier session highs in the $0.42s, with ADA weighed modestly as short-term bullish speculators take profit.
15.02 / 04:23
Twitter
CFTC
SEC
coinbase
Kraken
Congress
Court
NOT
Crypto regulation decided by Congress, not the SEC: Blockchain Association
Despite attempts to police cryptocurrency through enforcement actions, United States financial regulators “are bound by legal reality” and Congress will ultimately decide crypto regulations the policy expert for the crypto advocacy group Blockchain Association has suggested.
14.02 / 12:45
Blockchain
UPS
Ethereum
Binance
NOT
Polygon [MATIC] enters accumulation phase, but all is not what it seems
Polygon [MATIC] saw a significant increase in its demand of late. According to a tweet on 13 February, one particular address snapped up over 20 million tokens over the past few days, becoming one of the largest MATIC holding addresses.
14.02 / 08:59
business
Stablecoin
Binance
regulation
SEC
security
Paxos
Matrixport
NOT
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on stablecoins themselves.
13.02 / 19:06
UPS
Target
Cooper
Aware
CEO
Platform
Fried
Sam
NOT
FTX Founder Sam Bankman-Fried Pleads Not Guilty, Trial in October
Disgraced former FTX CEO Sam Bankman-Fried pleaded not guilty to criminal charges of fraud, conspiracy, campaign finance law violations, and money laundering in a New York federal court, setting up a legal battle with his former business partners.
13.02 / 18:44
Platform
Fried
Sam
Extradition
NOT
Sam Bankman-Fried Has Not Yet Agreed to Extradition to the U.S.
Sam Bankman-Fried, who is currently being held in a Bahamian jail after the collapse of FTX, will not decide whether to consent to extradition until he has read the indictment in Manhattan federal court, according to his lawyer, who appeared with him in a Bahamian court.
13.02 / 09:47
business
Ethereum
Stablecoin
Adoption
Binance
SEC
Paxos
Lawyers
NOT
Are stablecoins securities? Well, its not so simple, say lawyers
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD (BUSD) has many in the community questioning how the regulator could see a stablecoin as a security.
12.02 / 14:19
markets
Bitcoin
Bitcoin Price
NOT
Bitcoin price eyes $22K rebound with BTC market structure 'not yet broken'
Bitcoin (BTC) edged closer to $22,000 over the weekend as traders and analysts urged caution on overly bearish sentiment.
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