Updated May 30, 2023 5:06 pm ETCrypto imploded in 2022, as investors lost faith in digital assets and the industry was plagued with crisis. But unlike other collapses, it has largely avoided rippling into other markets. WSJ explains how crypto became so interconnected.
Illustration: Mallory Branganhas reached a settlement with regulators over a novel cryptocurrency enforcement action without resolving a key question for the Securities and Exchange Commission and the crypto industry: which of the exchange’s digital assets are securities.Continue reading your article with
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SEC settles case against Wahi brothers for Coinbase insider tradingThe SEC lawsuit alleged that the former Coinbase product manager and his brother used non-public knowledge to trade crypto securities. The brothers were accused of using knowledge of nine crypto assets that would be listed on Coinbase in the future to purchase before listing. The SEC filed suit against them on July 21, 2022. That agency is now demanding disgorgement of ill-gotten gains with interest.
Source: Cointelegraph - 🏆 562. / 51 Read more »
MicroStrategy Represents Attractive Alternative to Coinbase: BerenbergBerenberg said in a report that MicroStrategy (MSTR) represents an attractive alternative to Coinbase (COIN) for investors looking to gain exposure to the cryptocurrency sector. Mark Palmer, equity research analyst at investment bank Berenberg, joins 'First Mover' to break down the key takeaways.
Source: CoinDesk - 🏆 291. / 63 Read more »
Stocks making the biggest moves midday: Nvidia, Tesla, Coinbase and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
Former Coinbase Employee, U.S. SEC Settle Insider Trading ChargesThe SEC settled charges with former Coinbase product manager Ishan Wahi and his brother Nikhil, the regulator announced Tuesday. The SEC accused the two of insider trading tied to token listings on crypto exchange Coinbase last year. nikhileshde reports
Source: CoinDesk - 🏆 291. / 63 Read more »