Crypto Markets Need More Scrutiny From SEC, Investor Groups Say: Report

Investor advocacy groups urged SEC chair Gary Gensler to more tightly regulate the cryptocurrency industry in a letter on Monday, according to a report by Bloomberg. The letter signed by Americans for Financial Reform Education Fund, the Consumer Federation of America and others, specified stablecoins, crypto lending and exchanges as key areas in need of more regulation. ”Without significant regulatory guidance, the digital asset marketplace has been born and grown into a Wild West,” the groups wrote in their letter. “It is urgent for the Commission and other federal financial…

Traders buy the Bitcoin dip even as Evergrande's implosion rocks stock markets

Bitcoin (BTC) investors seem concerned about the increasing speculation that China's second-largest property developer, Evergrande Group, will default on its $300 billion in debts. These fears manifest in global equities markets which saw a 1.5% to 3% drop at this morning's market open.  Despite the price move, the BTC outflow (net withdrawals) from exchanges has continued a multi-month trend, particularly on Coinbase Pro. Traders also know that every exchange has a different user profile. For example, liquidations on Bybit tend to be more extreme when compared to FTX, which is…

[ETH Price] Technical Analysis & Ethereum Market News – April 02, 2021 | Capital Street Fx

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Here is our ETH Price forecast! Is the Ethereum uptrend ending, or is there still more room for the Dollar to rise? Let’s find out. Do you agree with this Ethereum Price analysis? Use the comments section and share how you’re trading this popular forex pair and what your ETH outlook is! Cryptocurrency Market News – ●Ethereum gained bullish momentum and it cleared the $1,950 resistance against the US Dollar. ETH price tested $2,000 and it is likely to continue higher. ●Ethereum…

With Evergrande on the Brink, the China Hustle Comes Home to Roost — CoinDesk

Well, there is the matter of the billions in losses suffered by retirees and grandmas taken in by these frauds, who have yet to receive justice. Some of their heartbreaking stores are featured in “The China Hustle,” a reminder that “white collar crime” is just as brutal, violent and traumatizing as a gun-thug stickup. Dan David, for all that he’s a hero for his role exposing the frauds, also clearly struggles with being on the opposite side of the trade from these victims. Source

Custodial Lightning Network Service Attack Discovered by LN 'Newbie' — Hacker Strikes 6 LN Custodians – Bitcoin News

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi…

Coinbase Drops Planned ‘Lend’ Program After SEC Warning — CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk English ​ Source

DUMP IT ALL?!! BITCOIN IS DONE?!! ⚠️Crypto Drop Today/ BTC Cryptocurrency Price Correction News Now

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Price Dump Correction Analysis & Crypto Drop News! 👍 THUMBS UP & SUBSCRIBE NOW + 🔔! *** VIP PRIVATE TRADE ALERTS – *** ******* VIP ELITE TRADE ALERTS ******* ************** 2020 VIP ELITE INFO:************** 🚨 VIP PRIVATE TRADE ALERTS – ************** Is the Bitcoin (BTC) price potentially in jeopardy here after this dump/correction/drop, in my opinion?! Let's discuss this live today and some cryptocurrency trading technical analysis (TA) + speculative price prediction(s) + current 2020 market news for cryptos in today's…

Optimism Will Roll Out Single-Click Launch For Ethereum Projects

Many layer 2 solutions are competing on being the most active in developments. Amid these scaling solutions in Optimism, and given its latest announcement, it will soon enable developers to launch DApps with just a single click of a button. Optimism provides support for all the apps on the Ethereum ecosystem. It ensures that transaction fees are lower by keeping its data on the blockchain but running computation off-chain. The team’s latest blog reveals that an upcoming upgrade will facilitate the launch of DApps on its layer. This means that…

Bitcoin.com Wallet Adds ERC-20 Tokens – Promoted Bitcoin News

The Bitcoin.com Team is excited to announce the integration of ERC-20 tokens into the Bitcoin.com Wallet. That means anyone can now buy, sell, receive, store, trade, and send ERC-20 tokens with the convenience and security of the industry’s most user-friendly non-custodial wallet. ERC-20 Tokens? ERC-20 is the standard protocol for creating tokens on the Ethereum blockchain. There are over 450,000 sets of ERC-20 tokens as of 2021 and they collectively represent hundreds of billions of dollars in value. All ERC-20 tokens “live” on Ethereum, meaning they benefit from the security…