CryptoNews

SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-Backed NFT Project to Pay $1M Penalty – Regulation Bitcoin News

September 14, 2023
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an animated web series. SEC Slaps Stoner Cats 2 With Charges: NFTs Deemed Unregistered Securities in $8M Offering According to the SEC order issued on…
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CryptoNews

SEC Chair: Crypto Is a Field Rife With Fraud, Abuse, Misconduct — 'It's Daunting' – Regulation Bitcoin News

September 14, 2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the Senate Banking Committee, stating that crypto is “a field which is rife with fraud, abuse, and misconduct.” He also stated that the securities regulator is still reviewing applications for spot bitcoin exchange-traded funds (ETFs). Gary Gensler’s Testimony Before Senate Committee The chairman of the…
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Bitcoin, Ethereum Technical Analysis: BTC Above $26,000 Ahead of US Inflation Report – Market Updates Bitcoin News

September 14, 2023
Bitcoin moved above the $26,000 level on Wednesday, ahead of the upcoming inflation report in the United States. Consumer prices for August are expected to come in at 3.6%, up from 0.4% the month prior. Core inflation on the other hand is forecasted to fall to 4.3%, from 4.7% in July. Ethereum was back above $1,600. Bitcoin Bitcoin was once again trading above the $26,000 level in today’s…
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CryptoNews

21co Unwraps New Suite of Wrapped Cryptocurrencies  – Bitcoin News

September 13, 2023
21.co, the parent company of crypto exchange-traded products provider 21shares, has introduced a suite of wrapped tokens pegged to top crypto assets across multiple blockchains. The wrapped tokens are designed to increase liquidity and interoperability between different crypto networks. 21co Launches Wrapped Tokens for Cross-Blockchain Liquidity and Security A wrapped cryptocurrency is a digital…
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