Tag: SEC

ZKsync X hacker posts false SEC probe in apparent effort to crash token

The X account of the Ethereum layer 2 network ZKsync and its developer Matter Labs were compromised early on May 13, with hackers falsely claiming the network was being probed by US authorities, among other scam messages. A ZKsync-related X account posted on May 13, confirming the accounts for ZKsync and Matter Labs were compromised, warning users not to interact after the accounts shared links to a fake airdrop in an apparent phishing scam. Other X users had warned the ZKsync X account was compromised. Source: pseudo The hacked ZKsync…

SEC Chair Pushes Clear Crypto Rules for Trading, Custody, and Issuance

The SEC is unleashing a new crypto era, vowing to ditch regulation-by-enforcement in favor of bold, crystal-clear rules that supercharge onchain innovation and market growth. SEC Chair Commits to Ending Policy by Enforcement With Clear Onchain Crypto Regulations U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins detailed his ambitious agenda for crypto asset […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Can XRP 50x? Whale Buys Big Amid SEC Settlement Hopes

Key Notes Whale accumulation of over 880 million XRP in the past month highlights heightened investor interest, setting the stage for a potential rally. If history repeats, XRP could rise above the 2.618 Fibonacci level, potentially exceeding $123. The SEC and Ripple Labs are moving toward resolving their long-standing legal battle, with the SEC requesting to lift an injunction. Following the US Securities and Exchange Commission (SEC) filing a settlement agreement, XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B price has surged 10%, moving…

SEC Officially Files Settlement Agreement With Ripple Over XRP—Lawyer Outlines Next Court Moves

The SEC has finally filed its long-awaited settlement agreement with Ripple, signaling a pivotal moment that could unleash XRP’s momentum and reshape crypto regulation forever. SEC and Ripple File Final Settlement in XRP Case—Now All Eyes on Judge Torres The U.S. Securities and Exchange Commission (SEC) published a Litigation Release on May 8 announcing a […] Source CryptoX Portal

SEC considers easing rules around tokenized securities

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The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8. The regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities” that would release them from certain registration requirements, Peirce said in the speech. For example, decentralized exchanges (DEXs) may no longer need to register “as a broker-dealer, clearing agency, or an exchange,” Peirce said. The SEC has previously brought numerous…

Bitwise seeks SEC approval for spot NEAR ETF

Bitwise Asset Management has filed for a spot Near ETF with the United States Securities and Exchange Commission.  According to a May 6 Form S-1 filing, the proposed Bitwise NEAR ETF is designed to give investors direct exposure to the price of the NEAR token by holding actual NEAR tokens in custody. NEAR is the native token of the Near Protocol, a layer-1 blockchain known for its high throughput and energy-efficient proof-of-stake consensus mechanism. Originally launched in 2020, Near was developed to tackle the blockchain trilemma of scalability, security, and…

SEC Signals Major Shakeup for Crypto Funding With Regulation A Under Fire

SEC leadership is turning up the heat on outdated capital-raising rules, with bold signals that long-overdue Regulation A reforms could finally open floodgates for crypto ventures. SEC Chair Blasts Regulation A Limits, Calls for Reform to Empower Crypto Issuers and Small Businesses U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins urged a reassessment […] Source BitcoincryptoexchangeExchanges CryptoX Portal

LTC Price Cracks 6% as SEC Delays Litecoin ETF Approval

Key Notes LTC’s daily trading volumes surged by 50% to $553 million, with investors eyeing $81.54 as a potential support level for a recovery. Popular crypto analyst Crypto Patel sees Litecoin in its “Best Accumulation Zone” between $65-$85, with a short-term target of $250. The US SEC is seeking public input on compliance standards for the Litecoin ETF, with comments due by the end of the month. Litecoin LTC $90.41 24h volatility: 7.5% Market cap: $6.86 B Vol. 24h: $432.71 M price has cracked nearly 6% earlier today after the…

Good actors were ‘unfairly targeted’ by SEC — OpenSea’s CEO

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The Securities and Exchange Commission’s (SEC) enforcement approach on crypto firms has left a lasting “regulatory overhang” within the industry, according to Devin Finzer, co-founder and CEO of OpenSea.  Speaking to Cointelegraph, Finzer said that during Biden’s administration the agency unfairly targeted good actors in the crypto space, including OpenSea. “There’s all sorts of digital assets, you know, you shouldn’t treat them all the same. That’s obvious. But I think the approach that the prior SEC was taking was kind of this, you know, very, very generic.” The SEC issued…

Vaneck Files With SEC to Launch BNB-Backed ETF

Digital asset manager Vaneck has filed with the U.S. Securities and Exchange Commission (SEC) to launch the first U.S.-listed exchange-traded fund (ETF) offering direct exposure to BNB, the native cryptocurrency of the BNB Chain. BNB Enters ETF Arena With New Vaneck Filing On May 2, 2025, Vaneck Digital Assets, LLC submitted an S-1 registration statement […] Source BitcoincryptoexchangeExchanges CryptoX Portal