In a recent series of tweets, long-time Bitcoin (BTC) advocate and Twitter founder Jack Dorsey ignited a heated controversy. According to him, Ethereum (ETH) is a security. This statement quickly prompted passionate reactions from crypto experts, exposing the ongoing debates surrounding the classification of ETH and existing regulations.
The SEC has been on a witch hunt against crypto firms for several weeks now. It staunchly defends its position to clean up the American crypto industry and promote its growth. However, many players in this industry do not see the regulator's actions in the same light.
Gary Gensler faced the press to explain the serious accusations brought by the SEC against the exchanges Coinbase and Binance.
Last Tuesday, the SEC, through its chairman, Gary Gensler, filed legal proceedings against the crypto platform Coinbase. The case could see its first twist as Coinbase claims to have evidence of potential bad faith on Gary Gensler's part in this matter.
“We don't need more digital currencies,” said Gary Gensler on CNBC. Is this why the SEC is targeting both Binance and Coinbase, which have hundreds of millions of crypto investors? In any case, the heads of these exchanges declare that they will respond to the SEC's attacks.
According to Brian Armstrong, CEO of Coinbase, China could benefit from the restrictive laws imposed by the United States on the cryptocurrency industry. “The United States and other democratic nations are facing digital systems promoted by an ambitious adversary, China,” he said.
Binance is facing massive withdrawals as well as transaction fees multiplied by the latest fashionable nonsense: the BRC-20…
In March, Srinivasan made a bold prediction that Bitcoin would skyrocket due to the bankruptcy of banks and inflation. According to him, the price of BTC could reach $1 million. Despite the changing economic landscape in the United States, Balaji Srinivasan is sticking to his Bitcoin prediction.
America's largest crypto exchange, Coinbase, refuses to take responsibility for a security breach that resulted in huge losses. At the same time, it categorically refuses to reimburse its customers for losses incurred as a result of a security breach.
The Coinbase platform offers several benefits and is considered one of the biggest players on the market. It provides its users with an interface that is both simple and secure. You can buy, store and sell various cryptocurrencies such as BTC, ETH, XRP, LTC, BCH and XMR. In addition,…
The Ethereum network is foundationally different from the Bitcoin network. Ether (ETH) is not intended to be used purely as a digital currency or store of value, like bitcoin (BTC) is. Essentially, it used to make the entire Ethereum ecosystem work. We assume you already know how to buy…