In his recent talk before the 2023 Securities Enforcement Forum, SEC Chair Gary Gensler offered a stark warning to the burgeoning crypto asset securities markets, captured in his terse comment, “Don’t get me started on crypto.” This assertive remark highlights the SEC’s ongoing concerns about compliance and accountability within the rapidly expanding crypto industry and The post Gensler remarks ‘don’t get me started on crypto’ reaffirming most digital assets are securities appeared first on CryptoSlate.

Amid a bullish market for Bitcoin and anticipation of a spot exchange-traded fund (ETF) on the horizon, BlackRock, one of the world’s leading investment advisers, has been charged by the Securities and Exchange Commission (SEC) for failing to report significant investments made by a publicly traded fund accurately it advised. According to the SEC, BlackRock The post Amid Bitcoin ETF rumors, BlackRock stumbles paying $2.5M in SEC charges for investment misreporting other fund appeared first on CryptoSlate.

Crypto lender Genesis Global Capital filed an amended Chapter 11 bankruptcy plan on Wednesday, Oct. 25, to resolve outstanding claims and interests of creditors. The amended plan results from extensive negotiations between Genesis, the Official Committee of Unsecured Creditors, crypto exchange Gemini, and the Ad Hoc Group of Genesis Lenders. While substantial agreement has been The post Genesis bankruptcy plan revised for orderly wind down and asset liquidation appeared first on CryptoSlate.

Like a phoenix rising from the ashes, Bitcoin has once again defied critics and bounced back from predictions of its demise. The leading cryptocurrency has faced hundreds of so-called “obituaries” declaring it dead or doomed to fail since its creation in 2009. Yet Bitcoin has shown longevity and resilience in the face of constant critiques. The post CNBC leads Bitcoin ‘obituaries’ declaring it dead 35 times as it rises 78% YoY appeared first on CryptoSlate.

Bitcoin (BTC) continues demonstrating its market resilience with a substantial uptick in its value over the past week. On a 24-hour cycle, Bitcoin’s value has grown by 10.38%, and over the last seven days, it has seen an impressive 20.42% increase. This surge, which brings the leading cryptocurrency’s price to $33,916 as of press time, The post Bitcoin jumps $4k in 4 hours as it touches $35k on BlackRock seeding anticipation appeared first on CryptoSlate.