Today’s top headlines in the crypto roundup: the SEC files a lawsuit against Kik over the Kin (KIN) ICO, the FBI seeks information from QuadrigaCX victims and Apple unveils CryptoKit as part of iOS upgrade.
The cryptocurrency markets appear to be stabilizing after a market wide sell-off that took most cryptoassets down between -5% and -10% on Monday. At the time of writing, bitcoin (BTC) and ether (ETH) are trading at $7,831 (-0.55%) and $247 (+0.95%).
The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,852.47 (+5.36%). Out of the top 10 cryptoassets by volume Bitcoin Cash (BCH) and TRON (TRX) have held up the best and are up +5.09% and +4.84% respectively in the past 24 hours. Kin (KIN) has suffered a -42.86% drop after news broke that the SEC was suing Kik.