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SEC

SafeMoon Files for Chapter 7 Bankruptcy, Price Crashes Over 30%

by Isaac Wright
SafeMoon Files for Chapter 7 Bankruptcy, Price Crashes Over 30%

Wild Ride for SafeMoon Finally Over, SFM Comes Tumbling Down SafeMoon, a cryptocurrency firm, has filed for Chapter 7 bankruptcy, revealing assets between $10 million and $50 million and debts …

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SEC Denies Coinbase Petition to Assign New Rules for Crypto Assets

by Isaac Wright
SEC Denies Coinbase Petition to Assign New Rules for Crypto Assets

SEC Chair Gensler Stands Firm as Coinbase’s Push for Regulatory Overhaul Hits a Roadblock The US Securities and Exchange Commission dismisses Coinbase’s request for an updated regulatory framework for cryptocurrencies …

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SEC denies Coinbase’s plea for clear crypto regulations

by Isaac Wright
SEC denies Coinbase’s plea for clear crypto regulations

According to a Dec. 15 release, the U.S. Securities and Exchange Commission has rejected Coinbase’s request for transparent crypto rules. This follows Coinbase’s filing of a narrow action in federal …

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SEC meets with BlackRock for iShares Bitcoin ETF 

by Isaac Wright
SEC meets with BlackRock for iShares Bitcoin ETF 

In their latest meeting, SEC and BlackRock reportedly discussed the iShares Bitcoin ETF on Dec. 14, raising questions about in-kind transactions. Unlike previous meetings, James Seyffart, a Bloomberg Intelligence analyst, …

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Gary Gensler Takes a Fresh Look at Spot Bitcoin ETF Approvals After Court Ruling

by Isaac Wright
Gary Gensler Takes a Fresh Look at Spot Bitcoin ETF Approvals After Court Ruling

After consistently denying approval for a spot Bitcoin ETF for American investors over the years, there are indications that SEC chair Gary Gensler might be reconsidering his position in light …

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SafeMoon seeks Chapter 7 bankruptcy amid arrests and SEC allegations

by Isaac Wright
SafeMoon seeks Chapter 7 bankruptcy amid arrests and SEC allegations

DeFi protocol SafeMoon has applied for Chapter 7 bankruptcy protection following allegations of fraud by the U.S. securities authority. On Dec. 14, SafeMoon filed for Chapter 7 bankruptcy, commonly referred …

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SEC Will Likely Force Cash-Create Bitcoin ETFs: Here’s Why That Matters

by Isaac Wright
SEC Will Likely Force Cash-Create Bitcoin ETFs: Here’s Why That Matters

It’s nearly guaranteed that regulators will force Bitcoin (BTC) ETF applicants to adopt a “cash-create” model before launching their highly anticipated investment products, according to Bloomberg ETF analyst Eric Balchunas.  …

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SEC reevaluating spot Bitcoin ETF with fresh perspective

by Isaac Wright
SEC reevaluating spot Bitcoin ETF with fresh perspective

U.S. Securities and Exchange Commission Chair Gary Gensler indicated a possible change in the agency’s approach towards Bitcoin ETFs. During a CNBC interview, Gensler revealed that the U.S. Securities and …

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SEC postpones deadline for decision on Invesco Galaxy spot Ethereum ETF

by Isaac Wright
SEC postpones deadline for decision on Invesco Galaxy spot Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has delayed its review of Invesco Galaxy’s Ethereum (ETH) spot ETF. Setting a new deadline of Feb. 6, the SEC has pushed back …

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Is A Mega Bull Run Incoming? Whale Transfers Over $780 Million Of Stablecoin To Binance

by Isaac Wright
Is A Mega Bull Run Incoming? Whale Transfers Over 0 Million Of Stablecoin To Binance

Data Nerd Data on December 13 shows that over the past 24 hours, the wallet “0xea8” moved 200 million BUSD from Binance, the world’s leading cryptocurrency exchange by client count. The whale …

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