First Mover Americas: SEC Suing Do Kwon for Misleading Investors
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
A tweet suggesting the city will make crypto “fully legal” for all citizens is a misreading of the legislation.
Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC
Around $100 million have since been withdrawn from the Swiss account, the securities regulator said in a court filing as it sued the company for misleading customers.
Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator
The U.S. SEC charged Singapore-based Terraform Labs and its chief Kwon Do-hyung for defrauding investors.
13 Best High-interest CDs and Savings Accounts Today: Money Market Accounts Paying up to 4.45% APY
Most of the best high-interest CDs and savings accounts today are with online banks and credit unions.
Trader Frontruns Gains Network's Listing on Crypto Exchange Binance to Profit $100K
A trader bought $208,000 worth of Gains Network (GNS) tokens less than 30 minutes before the token was listed on Binance, making a profit of $106,000 according to blockchain sleuth Lookonchain.
JPM Cuts Coinbase Price Target Due to Regulatory Risks
Analysts at J.P. Morgan cut their price target for Coinbase (COIN) stock from $60 to $52 for the year ending in December, a report from the bank on Friday showed.
Binance CEO says report on firm weighing delisting of U.S.-based crypto is "false"
The report said Binance was considering ending relationships with U.S. business partners, citing a person familiar with the matter, after its relationships...
Why now may be a good time to buy a used Rolex — if you plan to keep it
Analysts estimate that the total supply of pre-owned Rolex watches more than doubled in 2022 as dealers and collectors tapped into their holdings.
SEC vs. Kraken: A one-off or opening salvo in an assault on crypto?
The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its sights?
US stocks slip as investors digest hawkish Fed comments on future rate hikes
US stocks fell Friday as traders mulled comments from Fed officials on the path of rate hikes. Treasury yields ticked higher and oil prices fell.
Here’s What Crypto Custody Is and How the SEC Wants to Change It
The Securities and Exchange Commission has proposed a rule that would affect how crypto assets are stored on behalf of customers, a practice known as custody. Here’s what you need to know.
