Cryptocurrency market updates
9 cryptocurrencies traded on the Coinbase exchange
.. The SEC has singled out 9 cryptocurrencies traded on the Coinbase exchange, which, in its opinion, can be considered securities.
- Previously, a former Coinbase employee was accused of fraud and insider trading
Among these assets are: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM and all of them are mentioned in connection with alleged insider trading.
..Epic Games Store CEO stands up for NFT games
The head of the Epic Games Store, Tim Sweeney, said that the digital video game store does not plan to abandon projects using non-fungible tokens (NFTs).
- The Epic Games Store CEO spoke out after Mojang Studios, behind the development of Minecraft, said that they "do not support or allow" the integration of blockchain technology and NFT into the game.
.. The US Securities and Exchange Commission (SEC) denied information about the investigation into the BNB token of the Binance exchange.
- In June 2022, Bloomberg reported on an investigation in which the SEC will allegedly determine whether the BNB token was a security at the time of its sale in 2017.
..Media: Taiwan banned the purchase of cryptocurrencies with bank cards
- The Taiwan Financial Supervisory Commission (FSC) has sent a letter to the banking association demanding a ban on the use of credit cards to pay for digital assets.
..Large institutions have sold $5.5 billion worth of BTC since the beginning of May
- Since May 10, major organizations have sold 236,237 bitcoins worth $5.452 billion, according to research firm Arcane Research.
..Media reported searches in the house of the co-founder of Terraform Labs
- Seoul Southern District Attorney's Office raided the home of Terraform Labs co-founder Daniel Shin as part of an investigation into the collapse of the Terra ecosystem. Investigators also came to the headquarters of the cryptocurrency exchanges Upbit, Coinone, Bithumb, Korbit and Gopax.
..Bitcoin exchange Zipmex partially resumed withdrawals
On July 20, the exchange suspended the withdrawal of funds. The company cited "coincidences" beyond its control, which included "unstable market conditions and resulting financial difficulties of key business partners."
Zipmex explains the suspension of the withdrawal of funds by circumstances beyond its control. Coinbase made an offer to buy the Thai cryptocurrency exchange Zipmex at the beginning of the first quarter of 2022. However, on June 9, the deal fell through. Instead of buying the asset outright, Coinbase made a "strategic investment" in the company for an undisclosed amount.
Although the company is interested in working closely with Coinbase, as an investor, it is suitable for more than a week as a new owner, according to the company's CEO and co-founder Marcus Lim. At the same time, Lim tried to refute the rumors, according to which the company is experiencing financial problems.
current rate of top cryptocurrencies:
$BTC - $22386.3 (-2.5%)
$ETH - $1558.28 (-2.06%)
$BNB - $259,744 (-3.01%)
$DOT - $7.37514 (-1.37%)
$ADA - $0.51461 (+4.08%)
$XRP - $0.35885 (-0.94%)
$LTC - $57.1421 (+0.11%)
$WAXP - $0.10232 (-1.17%)
$SOL - $40.0981 (-3.87%)
$XLM - $0.11264 (-0.5%)
Market cap: 1,029,027,545,915 USD (-2%)