Introduction Over the last few months, the SEC has taken to unilaterally labeling certain crypto assets as securities in unrelated lawsuits. But some industry participants say the agency doesn’t understand the technology behind these tokens well enough to make this claim. SEC’s Lawsuits and Listed Tokens In its complaint alleging Coinbase violated securities laws, the[Read more…]
Author Archives: BSCN NEWS REPORTS
The Securities and Exchange Commission (SEC) unveiled a high-profile lawsuit against Binance on Monday, targeting not only the exchange but also its CEO Changpeng Zhao. The charges against them include commingling customers’ funds and attempting to evade U.S. securities laws using “sham controls” for determining business partnerships. Altcoins Also in SEC’s Sights In addition to[Read more…]
Polygon MATIC: Is It Undervalued? Polygon (MATIC), a blockchain protocol experiencing significant growth and activity, hasn’t seen a corresponding increase in its native token’s price, leading to discussions about its potential undervaluation. MATIC’s MVRV-Z Score Based on Santiment’s 5 June data, MATIC’s MVRV-Z score was low, indicating it was in an underbought zone. Is MATIC[Read more…]
Polygon (MATIC) – Low Volatility Amid Tuesday Decline Polygon (MATIC) has been relatively less volatile than the overall cryptocurrency market, as indicated by a recent market analysis. As of Tuesday, the Distributed Software Platform has experienced an 8.87% loss, bringing its price to $0.809096051. Low Volatility Rank According to InvestorsObserver, Polygon receives a low volatility[Read more…]
The U.S. Securities and Exchange Commission (SEC) Designates 12 Tokens as Securities Today, the U.S. Securities and Exchange Commission (SEC) has explicitly categorized 12 tokens as securities in its ongoing lawsuit against Binance, its CEO Changpeng Zhao, and Binance U.S. List of Tokens Classified as Securities “Since the Binance Platforms launched, Defendants have made available[Read more…]
SEC vs. Binance: A Maelstrom of Allegations The latest unfolding in the crypto market has seen some of the giants in the industry under scrutiny. The US Securities and Exchange Commission (SEC) has made a striking move against Binance, one of the world’s leading crypto exchanges, alleging multiple violations of federal securities laws. Allegations against[Read more…]
Introduction Given the challenges associated with trading volatile cryptocurrencies like Polygon (MATIC), traders need advanced tools to help them navigate the market more effectively. Avorak offers an efficient yet easy-to-use tool that utilizes AI mechanisms to help traders navigate volatile markets and make money in any market condition. Polygon Price Polygon (MATIC) has experienced a[Read more…]
All across Asia, nations introduce crypto regulations With the rise of cryptocurrencies, countries in Asia are implementing regulations to govern this emerging industry. Even Beijing has taken a step further by releasing a whitepaper focused on Web3 innovation and development, emphasizing the growing importance of blockchain technology. Tether partners with KriptonMarket in Latin America Similar[Read more…]
Polygon (MATIC) Pitches New Council Bullish sentiments sweep through the cryptocurrency market as TMS Network (TMSN) captures investor attention, successfully raising an impressive $6.3 million, surpassing rivals like Polygon (MATIC) and Arbitrum (ARB). In the midst of this bullish wave, Polygon (MATIC) makes strides by introducing a new council, while Arbitrum (ARB) announces AIP voting.[Read more…]
Swiss Digital Asset Service Provider Taurus Partners with Polygon Swiss digital asset service provider, Taurus, has recently established a strategic alliance with Polygon, the Ethereum blockchain scaling network. About Taurus and Polygon Partnership Taurus, based in Switzerland, offers a range of services including custody, tokenization, and digital asset trading. The company’s partnership with Polygon enables[Read more…]