Patrick McHenry, Chairman of the House Committee, has sent a strong message to Gary Gensler, Chair of the Securities and Exchange Commission (SEC), regarding the release of critical documents related to the FTX collapse and the SEC’s climate disclosure rule. In a tweet, McHenry expressed his frustration, stating that if Gensler withholds the requested documents, […]
The US court has drawn a distinction between Ripple Labs’ case and those of Terraform and LBRY. Judge Analisa Torres based her decision on the understanding and expectations of retail investors. The court highlighted that Ripple’s sales of XRP are not synonymous with the Terraform case, as retail investors would not expect XRP sales to […]
Yield Protocol, a prominent player in the Decentralized Finance (DeFi) space, recently announced its decision to wind down its operations. This marks the end of an era for Yield Protocol, as it will not be launching its March 2024 fixed-rate series, and all borrowing and lending activities will cease by December 31, 2023. The team […]
The Bank of International Settlements (BIS) has developed a proof of concept (PoC) called Project Atlas to track on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains including Bitcoin. Working with the Deutsche Bundesbank, De Nederlandsche Bank, European Central Bank and the Bank of France, the project aims to provide insights, information and economic […]
John E. Deaton, a lawyer known for his pro-XRP stance, has hinted at a potential significant defeat for the Securities and Exchange Commission (SEC) in its ongoing case against Coinbase. Deaton believes that the odds of Coinbase winning the motion to dismiss have improved to 50%, which is an extraordinarily high percentage for victory. He […]
Bitcoin (BTC) has come under selling pressure in October 2023, trading at $27,445 with a market cap of $535 billion. Bloomberg Intelligence’s Mike McGlone suggests that Bitcoin could drop to $10,000 before the year ends due to negative liquidity and the potential long-lasting effects of rising global interest rates. Despite the bearish sentiment, significant Bitcoin […]
ASICRUN is a technology company based in Hong Kong that is revolutionizing the cryptocurrency mining space with its advanced ASIC miners. The company’s AR1, AR2, and EliteAR miners have taken mining efficiency to unprecedented levels with their high hash rates. The AR1 Miner has a Bitcoin hash rate of 1050 TH/s, Litecoin/Doge 400 GH/s, and […]
Pionex, the world’s leading AI trading bot platform, hosted the largest networking event at Messari’s 2023 Mainnet on September 22nd. The event was attended by over 800+ founders, investors, and venture capitalists, including Polygon, Horizon Labs, Magna, Pantera Capital, Outlier Ventures, and Deep Ventures. The event was organized with the aim of advancing the frontier […]
Dumb Money, a crypto project on the Ethereum Chain, has been unveiled to the public, with the goal of revolutionizing the way investments are perceived. The project was inspired by the GameStop saga, which saw a group of passionate individuals come together to challenge traditional finance. This group proudly embraced the label of “APE” and […]
The US District Court for the Southern District of New York has denied the Securities and Exchange Commission’s (SEC) motion for an interlocutory appeal in its case against San Francisco-based blockchain tech company Ripple Labs. The judge noted that the issues at hand involve complex factual and economic analyses, and that the SEC did not […]
