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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin drops to $60,000 level to start the week: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad, Solidus Labs co-founder, weighs in on what Consensys' announcement that the SEC was dropping its investigation into the firm and the Ethereum network means for adoption of the network.
Persons: explainers, Chen Arad Organizations: CNBC Crypto, CNBC, Solidus Labs, SEC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSolidus Labs' Chen Arad breaks down crypto security firm's new report on wash tradesChen Arad, co-founder and chief external affairs officer of Solidus Labs, discusses the findings of the digital asset security startup's latest crypto market manipulation report on wash trading activity.
Persons: Chen Arad Organizations: Solidus Labs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin sinks below $27,000 after Fed signals keeping rates higher for longer: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad, co-founder and chief external affairs officer of Solidus Labs, breaks down the findings of the digital asset security startup's latest crypto market manipulation report on wash trading activity.
Persons: explainers, Chen Arad Organizations: CNBC Crypto, CNBC, Solidus Labs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSolidus Labs' Chen Arad discusses firm's new report on crypto insider trading activityChen Arad, a co-founder of crypto security startup Solidus Labs, breaks down the firm's new report on insider trading activity in the space.
Persons: Chen Arad
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGemini sues DCG, and Binance CEO responds to high-profile departures: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad, a co-founder of crypto security startup Solidus Labs, breaks down the firm's new report on insider trading activity in the space.
Persons: Gemini, explainers, Chen Arad Organizations: CNBC Crypto, CNBC
On June 13, the U.S. Securities and Exchange Commission sued Coinbase, the second-largest crypto exchange by volume, according to CoinMarketCap.com. The federal regulator alleges Coinbase operated its crypto asset trading platform as an unregistered national securities exchange and broker, per the June 13 press release. The SEC also alleges at least 13 crypto assets that Coinbase made available to customers, including Solana and Cardano's tokens, qualify as "crypto asset securities," according to the complaint. This comes just one day after the SEC sued Binance, the world's largest crypto exchange, and its billionaire founder, Changpeng Zhao. Trading crypto on an exchange versus peer-to-peer
Persons: Coinbase, Coinbase's, Brian Armstrong, Paul Grewal, we'll, Binance, Changpeng Zhao, Zhao, Gary Gensler, Chen Arad, they've, Arad, Omid, Malekan, wasn't, Bitcoin, There's, bitcoin Organizations: The U.S, U.S . Securities, Exchange Commission, SEC, CNBC, Twitter, Solidus Labs, NBC, Columbia Business School, Architecting, Money, U.S, Commodity, Futures, Metrics Locations: Paris, France, The, Solana, U.S, Arad
Bryan Lee, a 57 year-old Las Vegas resident, was named in a superseding indictment over his involvement in an alleged investment fraud scheme called CoinDeal. Lee was charged with conspiracy, mail fraud, wire fraud and criminal monetary transactions. Lee worked alongside three other individuals to convince investors that CoinDeal was a legitimate family of businesses working towards developing virtual reality products, federal prosecutors alleged. The SEC charged a Nevada man, Garry Davidson, who matches the description of Individual-1. He and his backers "targeted mostly unsophisticated investors," claiming that his technology would be sold for "trillions of dollars" to the fake billionaire-backed consortium, the SEC alleged.
Scammers are trying to cash in on the hype surrounding popular artificial intelligence chatbots including OpenAI's ChatGPT and Microsoft's Bing AI. A search on DEXTools, an interactive crypto trading platform that tracks prices, reveals about 287 tokens that mention "ChatGPT" in their name. They then promote the coin and convince investors to pour money into it in order to drive the price higher. The firm has identified at least one of those digital coins as having been created by a user notorious for "pump and dump" crypto schemes. Scam crypto tokens are commonly deployed on "permissionless blockchains" also known as public blockchains, says Chen Arad, chief operating officer at Solidus Labs, a cryptocurrency risk monitoring and market surveillance company.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChen Arad discusses Solidus Labs' report on crypto enforcement actionsCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad, one of the founders and the COO of Solidus Labs, discusses the digital asset monitoring firm's new research on crypto enforcement action.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChen Arad takes a deep dive into Solidus Labs' 2022 rug pull reportCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad, co-founder and COO of Solidus Labs, discusses the findings of the digital asset market integrity firm's recent research on crypto scams.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin dips, and new research reveals uptick in crypto scams: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad, co-founder and COO of Solidus Labs, discusses the findings of the digital asset market integrity firm's recent research on crypto scams.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin dips as U.S. economy grows, and a crypto scam launches every four minutes: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad of Solidus Labs discusses new data that shows 15 crypto scams launch per hour.
Despite the crypto winter and a funding slowdown, several VCs remain interested in Web3 security. Like in most other areas of the market, venture funding for cybersecurity has dropped this year. These are prime areas, in his view, for security startups to step in. In September, Solidus Labs made Insider's list of the most promising crypto startups of 2022. Crypto security, according to Seewald, is not so different from security for other tech applications.
"There is more asset allocation towards baskets that combine the top five or 10 crypto assets by market cap. TICK BY TICKMost active crypto ETP products are registered outside the United States, though, with Switzerland, Canada, Australia and Brazil racing ahead with spot crypto offerings. One reason is that U.S. regulators have turned down several applications for spot bitcoin funds, which mirror the cryptocurrency's price movements tick-by-tick, citing multiple reasons including a lack of surveillance-sharing agreements with regulated markets relating to the spot funds' underlying assets. The world's largest bitcoin fund, Grayscale Bitcoin Trust (GBTC.PK), is down 34% in the same time. At Grayscale's Bitcoin Trust, the AUM have tumbled to $12.2 billion from over $30 billion at the end of 2021, data from the firm showed.
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