Bitcoin is now worth over $34,500 — but will it hold?

This week, the cryptocurrency’s price shot to nearly $35,000 per token, further cementing its position at the top of the pile. But will this bull run last?

FBI says North Korean hackers preparing to cash out after high-profile crypto hacks

The U.S. government said it believes North Korean hackers are preparing to cash out millions of dollars stolen during a spate of high-profile crypto hacks. On Tuesday, the FBI warned cryptocurrency co

Crypto lender Maple Finance raises $5M to enter Asia amid regulatory clarity

Maple Finance, an on-chain, institutional credit marketplace that’s aspiring to fill a gap left behind by the collapses of crypto lending heavyweights like BlockFi and Celsius, has its sights se

SEC sues Richard Heart and his projects Hex, PulseChain and PulseX for fraud, securities violations

The U.S. Securities and Exchange Commission (SEC) said it is suing Richard Schueler, known online as Richard Heart, and his three crypto projects, Hex, PulseChain and PulseX, for conducting unregister

Ripple’s XRP case ‘underscores the need for regulatory clarity’

A judge ruled that the crypto token does not make up illegal securities sales, but only in some cases.

Gnosis launches Visa card that lets you spend self-custody crypto in Europe, soon US and Hong Kong

The world of cryptocurrency has often been criticized for being exclusive, catering primarily to speculators and crypto-savvy individuals. Despite this, many advocates believe that the underlying dece

Federal court rules Ripple’s XRP token can be treated as a security… sometimes

The saga of Ripple Labs, the XRP token and whether the sale of its crypto token constituted a securities law violation in the U.S. advanced today. In a ruling from the U.S. District Court of the South

Coinbase Wallet launches messaging feature so users can interact directly on its platform

Coinbase Wallet, one of the biggest self-custody crypto wallets globally, is launching a direct messaging feature so users can interact with one another through its platform, the company shared exclus

SEC director says ‘nothing has changed’ for enforcement even as the crypto industry rumbles

The SEC’s director of enforcement, Gurbir Grewal, says the regulator is not concerned with labels or technology, but with what's underneath.

Former SEC chair Jay Clayton feels ‘vast majority’ of crypto tokens are securities

Former SEC Chairman Jay Clayton has reiterated his position that many cryptocurrencies could be defined as securities.

Hong Kong eyes stablecoin regulatory regime by 2024

While the Western world debates how to regulate stablecoins, Hong Kong is forging ahead with a regulatory framework for cryptocurrencies pegged to traditional financial assets. The Hong Kong Monetary

SEC claims BNB and BUSD are securities, including major tokens like SOL, ADA and MATIC

This highlights the fact that the SEC has, once again, taken the stance that most cryptocurrencies (aside from Bitcoin) are securities.

SEC’s lawsuit against Binance and CEO Zhao was a matter of ‘when, not if,’ industry players say

A number of industry players shared similar sentiments that the SEC charges against Binance were unsurprising.

SEC settles with former Coinbase employee over insider trading charges

The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday. Ishan Wahi,

Investors cheer as Coinbase beats Q1 expectations

In the first three months of the year, the U.S. cryptocurrency exchange generated net revenues of $736 million.

Developers are building out the blockchain ecosystem in Barcelona

Welcome back to Chain Reaction. This week I’m writing the newsletter from the currently sunny and always beautiful city of Barcelona, Spain.

Are cryptocurrencies commodities or securities? Depends on which US agency you ask

As the CFTC and SEC diverge over whether cryptocurrencies are commodities or securities, market players feel confusion and want clarity.

US, South Korea both seek Do Kwon’s extradition to face charges

A spokesperson for South Korean prosecutors told TechCrunch that they are discussing Kwon's extradition with "related parties."

Terra creator Do Kwon reportedly arrested at Montenegro airport

Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official.

SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations

The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto as
Load More