The United Kingdom is set to launch its second crypto sandbox in the first quarter of 2024. The Financial Conduct Authority (FCA) Head of Capital Markets, Helen Boyd, revealed the news during her speech at the CCData’s Digital Asset Summit. The Digital Securities Sandbox, which will be under the purview of the HM Treasury, will […]
Vitalik Buterin, the co-founder of Ethereum, has outlined a roadmap for the future of the blockchain network. Despite the differing perspectives of the Ethereum community, Buterin has mapped out a path for the evolution of the platform. Buterin has proposed a series of upgrades to the Ethereum network, including the implementation of sharding, a scaling […]
Ripple achieved another legal victory as a federal judge dismissed the SEC’s appeal to a July ruling. Following this win, XRP’s price surged to nearly $0.55 amid a broader cryptocurrency market decline, marking its second significant price increase in response to legal developments.The trial in the lengthy lawsuit between Ripple and the SEC is scheduled […]
The United States Securities and Exchange Commission (SEC) has been dealt another setback in its ongoing legal battle against Ripple Labs. District Court Judge Analisa Torres has dismissed the SEC’s interlocutory appeal motion. On October 3, Judge Torres based her decision on the regulator’s failure to convincingly demonstrate “controlling questions of law” and “substantial grounds […]
The SEC filed a motion to oppose Coinbase’s motion to dismiss the case on October 3. Coinbase’s chief legal officer, Paul Grewal, said that the agency has no grounds for their claims as crypto assets have not been legally deemed as securities by Congress. Coinbase filed a motion to dismiss the complaint on August 4, […]
Recently, four Friend.tech users have had a total of 109 Ether ETH, worth around $178,000, stolen from their accounts in under a week. The users have warned of possible SIM-swap attacks, where exploiters gain control of a user’s mobile number to intercept two-factor authentication codes and access accounts. One user, Froggie.eth, reported that their account […]
XRP, the cryptocurrency of Ripple, has seen a 3.7% increase in its price in the past 24 hours, outperforming most other cryptocurrencies which were trading in the red. This surge in XRP price was driven by the dismissal of the United States Securities and Exchange Commission’s (SEC) appeal in the lawsuit against Ripple.The lawsuit has […]
The Asia Pacific region is emerging as a crypto powerhouse, with Hong Kong recently opening its doors to crypto trading and Vietnam and India being crowned the top crypto adopters in 2022. For companies eager to enter these booming markets, bulletproof KYC processes and localized onboarding experiences are essential. Checkin.com stands out in this endeavour, […]
Ripple scored another win in its legal battle against the U.S. Securities and Exchange Commission (SEC) in July when a judge dismissed the SEC’s appeal. The SEC had argued that there were substantial grounds for differences of opinion on the matter, but the judge ruled that the agency had failed to meet its burden of […]
The ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs has taken a new turn with District Judge Analisa Torres denying the SEC’s motion to appeal its previous loss against Ripple Labs. The SEC had failed to demonstrate controlling questions of law or substantial grounds for differences of opinion.Ripple […]
