SEC charges Quantstamp for 2017 initial coin offeringThe SEC charged the company "for conducting an unregistered initial coin offering (ICO) of crypto asset securities."Happy Thursday!The global crypto market cap is $1.18 trillion, with a 24-hour volume of $31.21 billion. The price of Bitcoin is $29,308.65, and BTC market dominance is 48.2%. The price of Ethereum is $1,867.75, and ETH market dominance is 19.1%. The best-performing sector is Agriculture, which gained 13%. The Crypto Fear & Greed Index is currently Neutral (51). Top NewsSEC charges Quantstamp for 2017 initial coin offeringThe SEC charged the company "for conducting an unregistered initial coin offering (ICO) of crypto asset securities." Elon Musk’s acquisition of Twitter’s ‘X’ handle sparks widespread decentralization discussionElon Musk's takeover of Twitter handle @X stirs up debate on centralization and fuels discussions on decentralized Web3 social network alternatives. Federal Reserve resumes rate hikes at FOMC meeting, bringing federal funds rate to 22-year highThe Federal Reserve is cautiously but unwaveringly pursuing its goal of 2% inflation, resuming rate hikes after a month-long pause. Latest Insights
More NewsFederal prosecutors want Sam Bankman-Fried’s bail revokedProsecutors believe the disgraced CEO to be engaging in witness tampering and have recommended his imprisonment awaiting trial. Wall Street remains bullish on blockchain despite hurdles to mainstream adoption: CNBCWall Street banking giants bet on blockchain's potential to reinvent financial infrastructures and optimize a $5 trillion industry by 2030. Landmark crypto legislation defines SEC, CFTC jurisdiction on digital assets, commoditiesHouse Financial Services Committee greenlights the historic 'FIT for the 21st Century Act' shaping the future of digital assets industry. EOS Network Foundation preparing to sue Block.one over unfulfilled $1B investment promiseThe Foundation accused Block.one of failing to keep its promises to the network. Meta’s Zuckerberg sees metaverse as long-term goal despite $3.7B loss, AI investments ‘paying off’Meta to grow AI, metaverse with no focus on crypto or NFTs in future plans according to the Q2 Earnings Call |