Ether
New York Attorney General Alleges Ether Is a Security in KuCoin Lawsuit
New York State Attorney General Letitia James filed suit against KuCoin on Thursday, alleging the Seychelles-based crypto exchange is violating securities laws by offering tokens, including ether (ETH), that meet the definition of a security without proper registration. Penn State Dickinson Law Professor Tonya Evans discusses the action and the outlook for U.S. crypto regulation. Plus, key takeaways from yesterday's House hearing on the digital asset ecosystem.
On-Chain Liquidations Beckon as Ether Slumps to 2-Month Low
A total of $119 million in on-chain positions are at risk of being liquidated if ether slides by another 20%.
Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Jobs Report
Analysts are worried that other tech-friendly lenders will face similar problems to Silicon Valley's.
Ether Hits Two-Month Low Under $1.4K as Coinbase Premium Index Dwindles
The decline comes as New York Attorney General referred to ETH as a security in its lawsuit against the cryptocurrency exchange KuCoin.
First Mover Asia: Bitcoin Plunges to Mid-January Levels
ALSO: CoinDesk analyst Glenn Williams writes that despite crypto's recent problems, bullish sentiment seems to still be prevailing among holders of perpetual futures contracts for bitcoin and ether.
Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash
The largest long liquidation in at least a month suggests Thursday’s crash in crypto prices has caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from CoinGlass.
What Happens if Ether Is a Security?
A recent suit filed by the New York Attorney General could have far-ranging complications for crypto exchanges that list ether.
New York Attorney General Alleges Ether Is a Security in KuCoin Lawsuit
A press release said the lawsuit was part of ongoing "efforts to crack down on unregistered cryptocurrency platforms."
Bitcoin Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors
Bitcoin and other major cryptocurrencies declined as the crypto-focused lender’s crisis continued to unfold; ether sinks 7%.
First Mover Asia: Bitcoin Hits 3-Week Low, Lingers Near $21.7K Amid Ongoing Inflation Concerns
ALSO: Shaurya Malwa writes about Conic Finance, whose new tool for capturing high yields from stablecoin swapping service Curve has attracted over $60 million from depositors since its unveiling March 1. But at least one analyst questions whether it can deliver on its promise.
