[ad_1] While regulators have often targeted projects in and out of the crypto space, the fines levied against digital asset exchanges are a fraction of those against traditional financial institutions.According to data from Good Jobs First’s violation tracker, the platform analyzed 50 of the biggest fines regulators levied against major banks, investment firms, and brokers over the last 20 years. Bank of America accrued roughly $82 billion covering 251 different
[ad_1] Bitcoin (BTC) finally broke above the $50,500 resistance and Ether (ETH) has risen above the $4,000 mark. This suggests that there is growing interest in cryptocurrencies and several legacy finance companies are initiating steps to tap into this increasing demand.One of the world’s largest independent asset managers, Franklin Templeton, has posted fresh job applications for medium to senior-level positions in crypto trading and research, according to Linkedin job postings.Meanwhile,
[ad_1] In response to a warning from South Africa’s Financial Sector Conduct Authority, major cryptocurrency exchange Binance has said it is in compliance with local regulators and is not offering financial advice or intermediary services to residents.In a Friday statement from Binance, the crypto exchange implied the warning from the Financial Sector Conduct Authority, or FSCA, lacked authority because the group does not have the power to regulate “crypto-related investments”
[ad_1] The bullish momentum across the cryptocurrency market continued to build on Sept. 3 as a market-wide rally lifted the prices of most altcoins and boosted Bitcoin (BTC) and Ether (ETH) above their respective resistance levels at $51,000 and $4,000.The recent price gains seen in the altcoin market show no sign of slowing down and several altcoins gained more than 30% on Friday. Top 7 coins with the highest 24-hour
[ad_1] Now that altcoin season is upon us again, multiple tokens are witnessing illustrious price hikes every day. In a sideways market, a key skill for a trader is the ability to anticipate when an asset will break out — and when everything is green, knowing when the rallies are coming to an end becomes equally essential.This week, CELO embarked on a flash rally that generated an almost vertical line
[ad_1] Hackers run wild, but DeFi marches on; all covered in this weeks Finance Redefined. [ad_2] Source link
[ad_1] Decentralized exchange aggregator 1inch has partnered with an animated series which pokes fun at start-ups in a Silicon Valley-like setting.In a Friday announcement, 1inch said it would be sponsoring the non-fungible token, or NFT, series Take My Muffin in addition to providing its technical expertise for the show and introducing team members to projects in the decentralized finance, or DeFi, space. The series follows the exploits of a team
[ad_1] Ethereum (ETH) returned to $4,000 for the first time since May on Sep. 3 as a solid week of gains culminated in a major price milestone.Against month-to-date gains of $600, the pair reclaimed the historic level it had lost in the dramatic trend reversal that rocked the cryptocurrency market roughly three months ago.In so doing, Ethereum broke out of its three-month trading zone, with $4,025 just $350 away from
[ad_1] The S&P 500 slid to yesterday's intraday highs while Bitcoin (BTC) climbed to its best levels in more than three months. The moves came as a key report on Friday showed that the United States economy added fewer jobs than anticipated, lowering the Federal Reserve's likelihood to start unwinding its stimulus program this year.The U.S. Bureau of Labor Statistics revealed that the nonfarm payrolls (NFP) grew by 235,000 in
[ad_1] Are crypto exchange-traded funds (ETFs) finally coming to the United States of America? Dozens of cryptocurrency-based ETFs or ETF-like products are currently selling on regulated exchanges in Europe, while Canada and Brazil have already introduced their own versions this year. Over the past eight years, however, not a single investment firm has won the U.S. Securities & Exchange Commission’s (SEC’s) approval for a cryptocurrency-backed ETF. The winds may now
