Cointime

Download App
iOS & Android

Crypto Morning Briefing: SEC To Sue Paxos,Hong Kong Hires Banks for Inaugural Tokenized

Cointime Official

Top Stories

SEC To Sue Crypto Trust Co. Paxos Over Binance Stablecoin

The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar (USDP) and Binance USD (BUSD) tokens, over the latter stablecoin, the Wall Street Journal reported Sunday.

Hong Kong Hires Banks for Inaugural Tokenized Green Notes

The government of Hong Kong has mandated banks to arrange a debut offering of tokenized green notes.

Digital Currency Group Plans Restructuring To Pay Creditors of Bankrupt Genesis Unit

Digital Currency Group (DCG), the parent firm of failed crypto broker Genesis Global Capital, plans to transfer equity in another unit, Genesis Global Trading, to Genesis Global Holdco and eventually sell both companies to raise capital to pay back creditors.

Cathie Wood's ARK Buys Another $9.2M Coinbase

Cathie Wood is back to buying up shares of Coinbase (COIN), after a nearly month-long break, as ARK disclosed it had purchased 162,325 shares of COIN on Friday.

Vitalik Buterin Donates $227K To Help Earthquake Victims in Turkey

Ethereum co-founder Vitalik Buterin has now made at least two substantial contributions to help the victims of last week’s devastating earthquake in Turkey and Syria.

Coinbase CEO Says he Will “Happily Defend” Crypto Staking Service Against Claim it’s a Securities Product

Brian Armstrong, the chief executive officer of the Coinbase cryptocurrency exchange, said on Twitter Monday that the company will “happily defend” its staking services in court against claims that they need to be classified as securities. Coinbase, which trades on the Nasdaq, is the biggest crypto exchange in the U.S. 

Crypto Price Action

As of press time, according to Cointime data:

BTC 's live price is $21,845.25 USD with a 24-hour trading volume of $19,326,661,771 USD. Bitcoin has climbed by 0.13% in the last 24 hours.

ETH’s live price is $1,521.31 USD with a 24-hour trading volume of $6,212,440,723 USD. Ethereum has dropped by 0.76% in the last 24 hours.

BNB’s live price is $314.19 USD with a 24-hour trading volume of $619,452,398 USD. BNB has climbed by 2.34% in the last 24 hours.

SOL's live price is $21.11 USD with a 24-hour trading volume of $680,405,818 USD. Solana has climbed by 0.91% in the last 24 hours.

Fundraising News

Pantera Capital on Bitcoin: We’re in Next Bull Market Cycle

Pantera Capital published its February Blockchain Letter last week. The letter, titled “The Seventh Bull Cycle,” is authored by founder and managing partner Dan Morehead and investment associates Ryan Barney and Sehaj Singh.

MoodMiner Secures $3 Million in Series a Funding Round, Paving the Way for Disrupting the Yield Earning Space

The funds will be used to further the growth and expansion of the company, allowing it to continue revolutionizing the yield-earning space.

LBank Labs Welcomes Valeria Kholostenko As Fund Principal

Venture capitalist fund and blockchain accelerator LBank Labs has announced the appointment of crypto pioneer and industry veteran Valeria Kholostenko as Principal.

Cointime Research

Exploring Rage Trade: DeFi Platform for ETH Perpetual Swap and USDC Farming

  RageTrade is using 80-20 Vault and Omnichain Liquidity Recycle mechanisms to improve liquidity while utilizing Delta Neutral Vault to minimize risks. 

Comments

All Comments

Recommended for you

  • Bank of Japan to Maintain Interest Rates in April

    On April 21, according to Nikkei News: The Bank of Japan will maintain interest rates unchanged in April.

  • Iranian Military: Ready to Respond Decisively to 'Enemy's Breach of Promises'

    On April 21, local time, Abdollahi, commander of the Khatam al-Anbiya Central Command of the Iranian Armed Forces, stated that Iran is prepared to respond decisively to the 'enemy's breach of promises.' Abdollahi emphasized that the current Iranian military possesses 'authority, readiness, and comprehensive strategic capabilities.' He noted that the Islamic Revolutionary Guard Corps and other defense forces have demonstrated combat capabilities in relevant operations, putting 'Israel and the United States in a difficult and fatigued position,' forcing them to 'seek a ceasefire.' Abdollahi also stressed that the Iranian armed forces maintain a high level of unity with the government and the people under the supreme leader's unified command, and will respond 'decisively, resolutely, and promptly' to any threats and actions. (CCTV News)

  • Another Iranian Oil Tanker Returns to Iran After Breaking US Blockade

    On April 21, according to CCTV News, maritime intelligence company 'TankerTrackers' reported that a tanker belonging to the National Iranian Tanker Company returned to Iran after unloading approximately 2 million barrels of crude oil in Indonesia, crossing the relevant maritime blockade line. The tanker is currently en route to Iran's main oil export hub, Khark Island, and is expected to arrive on April 22 local time. It is reported that the tanker set sail from Iran in late March, heading towards the Riau Islands of Indonesia.

  • White House: US and Iran on the Verge of Reaching an Agreement

    On April 21, White House Press Secretary Kayleigh McEnany stated in an interview with Fox News on the evening of the 20th that the United States and Iran are on the "verge of reaching an agreement." McEnany remarked, "The US has never been closer to achieving a truly good deal." However, she did not disclose any information regarding the current status of the negotiations. McEnany noted that even if an agreement is not reached, President Trump has multiple options and is not afraid to utilize these measures. Previous actions have demonstrated that Trump is not just "bluffing."

  • Kelp DAO Attacker Transfers 30,800 ETH to Special Address

    On April 21, news emerged that, according to monitoring by PeckShield, the Kelp DAO attacker transferred 30,800 ETH to a special address starting with 0x00000, possibly indicating a destruction action.

  • Trump: 'Midnight Hammer' Completely Dismantled Iran's Nuclear Dust Base

    On April 21, U.S. President Trump stated that the 'Midnight Hammer' operation has completely destroyed the 'nuclear dust' base within Iran. As a result, the cleanup will be a long and arduous process. The fake news media, including CNN and other corrupt media networks and platforms, have failed to give our great pilots the credit they deserve, instead always attempting to belittle and undermine them. They are losers!!! (Dongxin News Agency)

  • BTC Drops Below $76,000

    Market data shows that BTC has dropped below $76,000, currently priced at $75,999.63, with a 24-hour increase of 1.68%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Japan Officially Allows Export of Lethal Weapons Through Cabinet Resolution

    On April 21, according to Kyodo News, the Japanese government officially revised the 'Three Principles on Transfer of Defense Equipment' and its operational guidelines during a cabinet meeting, which will, in principle, allow the export of lethal weapons. (Xinhua News Agency)

  • Trump Claims Iran Will Negotiate

    On April 21, during a phone interview with CNN, U.S. President Trump stated that Iran "will negotiate" and expressed confidence in potential talks set to take place in Pakistan. Trump remarked, "They will negotiate; if they don't, they will face unprecedented problems." He also expressed hope that both sides could reach a "fair agreement" and emphasized that Iran "will not have nuclear weapons." Additionally, he defended military actions against Iran by stating there was "no choice" and claimed that they would ultimately "wrap things up."

  • Amazon to Invest Additional $5 Billion in Anthropic

    On April 21, Amazon announced on Monday that it will invest an additional $5 billion in the artificial intelligence company Anthropic, bringing the total investment to as much as $20 billion. Anthropic develops the Claude chatbot and programming tools, and plans to invest over $100 billion in Amazon's cloud technology and chips over the next decade.