CRYPTO ASSETS

The SEC has now asked Grayscale to withdraw its trust registration, saying FIL is an unregistered security.

The surge sparked hope among AXS holders, who over the past 30 days, saw over 17% loss on the crypto asset's value and approximately 64% decline in the price in a year.

Capitalizing on the popularity of ChatGPT and the emerging industry of cryptocurrency, it was announced a few days ago that Altman's Worldcoin crypto project is nearing $100 million in funding.

MicroStrategy is not a cryptocurrency or a Bitcoin firm, but it is the world's largest institutional Bitcoin holder and its bullish stance on the crypto asset despite heavy criticisms has yielded massive returns.

After repeated calls for Congress to intervene, the U.S. House Committee on Financial Services recently burned the SEC chair and the entire agency for failing to provide responses to inquiries from crypto entities.

These exchanges were supposedly used by the lawmaker to open digital wallets, and the raids earlier this week led to the confiscation of the CEXs' transaction records, a local media reported.

With the new CEO taking the helm of the social media platform, Elon Musk will reportedly "transition to being exec chair & CTO, overseeing product, software & sysops."

"Clients will receive a release from BlockFi for any clawback claims that could be brought against them, including for transfers made prior to the Platform Pause on November 10, 2022," BlockFi said.

"I will not hide, I agree to security measures, I will show up when requested," Kwon, looking grim told the Montenegrin court in English during his first hearing.

The Chamber of Commerce criticized the financial regulator for its "continued refusal" to address Coinbase's request for more clarity about crypto assets.

The statement has irked the Pepe meme coin community, with calls to boycott Coinbase trending on Twitter.

The massive surge in demand for the Milady NFT collection following Musk's tweet underlines the significant impact of high-profile individuals on the market, especially that of the Twitter CEO.

PayPal treats its crypto assets as a "safeguarding liability" because of the "unique risk associated" with it.

Sam Bankman-Fried's lawyers argued that six charges filed against him are "too vague" and have "legal flaws."

MicroStrategy is showing no signs of slowing down when it comes to BTC purchases despite the crypto asset's highly volatile nature.

While some are speculating that the announcements might be related to Shibarium the layer-2 scalability solution of the community, others think it may have something to do with "Shiba Eternity," or "Shiboshi."

Jon Wolfenbarger, however, underlined that BRICS still has a long way to go and has to jump several hurdles if it is seriously considering taking on the US dollar by issuing a new currency.

While Do Kwon is facing several charges in multiple countries, including the U.S., South Korean prosecutors believe prosecuting him in his home country is the best way to give justice to his victims.

Since the exchange paused its withdrawals, the number of unconfirmed transactions reportedly surged to 500,000 from approximately 400,000 at the time the first pause was announced.

Both Voyager Digital and the creditor committee are still finalizing the liquidation procedures and plan to submit relevant filings on Friday, May 5.

The SEC has failed to codify into regulation its position on whether crypto assets are securities or not, a major issue that has become a huge trouble for crypto businesses operating in the U.S.

The global dominance of the U.S. dollar has been a central issue over the past weeks after BRICS floated the idea of using a new currency in conducting trade with its member countries.

In the court papers, the FTX Group branded Genesis as "one of the main feeder funds for FTX and instrumental to its fraudulent business model."

A Web3 enthusiast said that "the marketplace was originally scheduled to launch in 2022" and highlighted that the "new launch date after several delays is set to May 15."

The Fed's decision Wednesday is the 10th rate hike in a span of 14 months.

The arrested individuals were allegedly selling firearms and drugs through the illegal marketplace and other similar websites, with 153 of them arrested in the U.S., 55 in the U.K. and 52 in Germany.

Marcie Jastrow, the Shiba Inu Metaverse advisor, revealed that "Shib: The Metaverse" will launch 11 hubs by the end of 2023 or early 2024.

The Treasury Secretary, in a letter sent to Congress on Monday, urged the leaders of the House "to protect the full faith and credit of the United States by acting as soon as possible."

The world's largest centralized cryptocurrency exchange by trading volume previously said that it has already "provided Korean [law enforcement] authorities with the requested assistance."