October 20th, 2025
SEC Crypto News - Page 118
Tesla (TSLA) Stock Down Less Than 1%, Elon Musk Postpones Annual Shareholder Meeting
By Christopher Hamman
June 20th, 2020
Tesla (TSLA) stock has difficulties in fixing its positions above $1,000. After hours it has gone below this milestone level again.
Bitcoin Miner Maker Ebang Selects Nasdaq for Its IPO, Plans to Raise More Than $100 Million
By Bhushan Akolkar
June 19th, 2020
The China-based Ebang International has submitted a revised prospectus for a U.S. IPO as it plans to raise over $100 million by listing its shares on the Nasdaq Global Market under the EBON ticker.
Hertz Puts Plan to Sell $500M in Shares on Hold Following SEC’s Concerns
By Darya Rudz
June 18th, 2020
Hertz’s plan to sell $500 million in shares was “promptly suspended pending further understanding of the nature and timing of the Staff’s [SEC’s] review”. Hertz (HTZ) stock is down in the pre-market.
XRP Isn’t a Security, Declares Former CFTC Chairman Who Is Now Working at Ripple
By Teuta Franjkovic
June 17th, 2020
Chris Giancarlo, who as a CFTC chairman decreed that both Bitcoin and Ether were not securities, has argued the same for XRP.
CryptoUnit Scam Hypothesis Denied
By Andy Watson
June 9th, 2020
“CryptoUnit-scam” hypothesis is not verified no matter how many times it appears in the searching engines. The main reasons why it’s false are explained here.
Elon Musk Calls Amazon Monopoly and Wants Its Breakup after His Book Was Unduly Censored
By Godfrey Benjamin
June 5th, 2020
Elon Musk believes it’s time to break up Amazon. In a series of tweets, he called the company a monopoly after it was revealed that his book about coronavirus doesn’t meet Amazon guidelines for sale.
‘Crypto Mom’ Hester Peirce to Remain SEC Commissioner on President Trump’s Nomination
By Muhaimin Olowoporoku
June 4th, 2020
Hester Peirce, a U.S. SEC commissioner, has been nominated for a second term. She became a popular crypto advocate after her public objection of SEC’s disapproval of the Bitcoin exchange-traded fund application.
GAP (GPS) Stock Gains Over 4% Today after JPMorgan Upgraded It
By Teuta Franjkovic
June 2nd, 2020
Gap (GPS) stock is in the green after JPMorgan upgraded it to neutral from underweight. The stock has managed to gain around 28% in May as the economy started to reopen step-by-step.
Ripple Securities Lawsuits Consolidated in California by Federal Court, XRP Price Down 1.6%
By Christopher Hamman
June 1st, 2020
It has become known that two securities lawsuits previously filed against Ripple Labs have been consolidated by the court in California.
Tesla CEO Elon Musk Awarded Stock Worth More Than $700 Million
By Darya Rudz
May 29th, 2020
Before now, Tesla has already hit three targets that allow Elon Musk to exercise the stock options. They included $100 billion in average market cap in a 30-day period, $20 billion revenue, and $1.5 billion in earnings before adjustments.
Louisiana Lawmakers Propose Bill for Licensing Cryptocurrency Businesses
By Bhushan Akolkar
May 26th, 2020
Louisiana’s House of Representatives has forwarded a bill that seeks to establish clear directives and regulatory infrastructure that will allow crypto businesses to work legally in the state.
Moderna (MRNA) Stock Below $70 Again, Why It Jumped and Then Plunged?
By Teuta Franjkovic
May 24th, 2020
The Moderna episode is a case study of how the coronavirus pandemic and the desperate hunt for treatments and vaccines are shaking up the financial markets. Now Moderna (MRNA) stock is trading below $70 again.
Kadena Collaborates with Chainlink in First Hybrid Blockchain Oracle Integration
By Teuta Franjkovic
May 19th, 2020
Chainlink and Kadena will be first in the industry in deploying oracles to a public/private hybrid blockchain platform.
Bitcoin Is More Profitable to Invest Into than Bank Stocks
By Teuta Franjkovic
May 19th, 2020
Bitcoin price rose more than 36% since the year’s beginning while the shares of banking giants have experienced huge fallings.
Jack Ma to Quit SoftBank Board, Vision Fund Posts Record $18 Billion Loss
By Muhaimin Olowoporoku
May 18th, 2020
Jack Ma, China’s richest man and co-founder of Alibaba Group, is going to leave the board of SoftBank on June 25. SoftBank’s Vision Fund has announced that its losses amount to $18 billion.