SEC’s latest target is OpenSea
Especially in the last 2 years, the last step of the SEC, which targeted companies operating with a focus on cryptocurrency, was against OpenSea. The institution sent a Well notification to the NFT marketplace.
News
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The world is changing at an unprecedented pace, and keeping up with this change is more important than ever. Technology has profoundly impacted every aspect of life, and now it’s the financial system’s turn. In today’s world, with technology causing such disruptive change, it is impossible to continue with the legacy financial system. Cryptocurrencies, the underlying Blockchain technology, and of course Bitcoin are leading a major transformation here, promising to shape the financial system for the better.
Cryptocurrencies and Blockchain technology are poised to play a significant role in the future of the financial world. Therefore, news, developments, and innovations in this field must be closely monitored, and investments should be shaped accordingly. In this process, Uzmancoin guides investors, providing current information and analyses to help them capture the changes and opportunities in the world of cryptocurrency.
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Warren Buffet sold again: $278bn in cash
Warren Buffet’s Berkshire Hathaway company, which came to the fore with its big Apple share sale in the past weeks, also sold in Bank of America, one of its most favourite shares. While Buffet sold $982 million, the value of BoFa sales since mid-July has been $5.4 billion.
What you need to know before the Nvidia earnings report: Will it bring a rally or a sell-off?
Nvidia’s second quarter earnings report for 2024, whose share value has been steadily increasing since artificial intelligence started to be talked about a lot around the world, will be announced this evening. The Nvidia earnings report is also of great importance for the recently falling technology stocks. Nvidia’s revenues, whose share value has increased 157% since the beginning of the year, are expected to increase by 112%.
Haru Invest CEO stabbed during fraud trial
The CEO of Haru Invest, who appeared in court today for allegedly stealing cryptocurrency worth close to $1 billion from nearly 16 thousand people in South Korea, was attacked and stabbed during the trial. The CEO, who was left on the floor in blood, was hospitalised in a short time, while his condition is stated to be uncertain.
SEC charges two brothers in $60 million crypto ponzi scheme
The US Securities and Exchange Commission (SEC) seems to have caught the real fraudsters this time. The institution filed a lawsuit for two companies working with the crypto-ponzi scheme established by two brothers. It is stated that $60 million was collected from more than 80 investors.
Binance CEO Teng responds to allegations about Palestinian users
Yesterday, Ray Youssef, former CEO of Paxful, claimed that ‘Binance confiscated the assets of all Palestinian users’, which was responded by Richard Teng, CEO of the exchange, and Yi He, one of the founders. The two executives stated that the confiscation and asset freeze applies to a limited number of users.
Bitcoin and altcoin prices plummet
Bitcoin saw $58,000 with a sharp decline in the night hours. Altcoins suffered deeper losses in value. Bloomberg ETF analyst James Seyffart wrote that he likened the last six-month price movement in Bitcoin to the period between mid-2019 and early 2020.
TON stops transactions
The Open Network (TON) blockchain, developed by Telegram founder Pavel Durov and his brother Nikolai Durov, who was recently arrested in France, began failing to verify transactions tonight. Binance and Bybit exchanges have also suspended transactions to and from the network.
CME to launch Bitcoin friday futures
Following the Nasdaq exchange’s Bitcoin index option application, a new Bitcoin product came from another large US-based company CME. The expiry of this product called ‘Bitcoin Friday Futures (BFF)’ will come on Friday of each week. Each BFF share will correspond to one-fiftieth of one Bitcoin.
Bitcoin index options approval from Nasdaq to SEC
US-based stock exchange and index provider Nasdaq has filed for Bitcoin index options with the SEC. Nasdaq’s index option will follow the CME CF Bitcoin real-time index price.