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1 year, 2 months ago
SEC Enforcement Action on NFT Projects Triggers Debate on Regulatory Clarity
The United States Securities and Exchange Commission (SEC) recently charged entertainment company Impact Theory for allegedly conducting the sales of unregistered securities in the form of nonfungible tokens (NFTs)…
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1 year, 2 months agoJacobi FT Wilshire Bitcoin ETF: First Spot ETF to Apply EU's ESG Investing Rules
The European Union has recently seen the launch of the first-ever spot Bitcoin ETF, issued by London-based Jacobi Asset Management. This fund has been classified as an Article 8 fund, which are those that…
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1 year, 2 months agodYdX Unlocks $14.02 Million Worth of Tokens for Community Treasury and Rewards
Decentralized exchange (DEX) platform dYdX will unlock $14.02 million worth of DYDX (DYDX) tokens dedicated to the community treasury and rewards for traders and liquidity providers. On Aug. 29, dYdX will release…
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1 year, 2 months agoRipple Labs Celebrates Win Against SEC, Upcoming Trial Looms
Ripple Labs is celebrating a major victory against the Securities and Exchange Commission (SEC) in New York City on September 29, 2023. CEO Brad Garlinghouse expressed his excitement for the upcoming event and…
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1 year, 2 months agoDCG Reaches In-Principle Agreement with Creditors of Crypto Lending Subsidiary Genesis
Digital Currency Group (DCG) has reached an agreement with creditors of its crypto lending subsidiary, Genesis. According to a court filing, the estimated USD equivalent recoveries could account for 70% to 90% for…
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1 year, 2 months agoDogecoin Price Could Reach $0.20 if Elon Musk Transforms Twitter into PayPal 2.0
Elon Musk is reportedly planning to transform Twitter into an “updated version of PayPal,” offering low transaction costs. Speculation is that Dogecoin, Musk’s favored cryptocurrency, could become the native curre…
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1 year, 2 months agoExperts Rally Behind Pomerdoge (POMD) Presale, Surpassing Hedera (HBAR) and Pepe (PEPE)
Pomerdoge, a new P2E crypto project, has recently launched a blockchain game called Pomergame. Players can create their own avatars and custom in-game assets to upgrade their characters. They can also sell their…
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1 year, 2 months agoMajor Bitcoin Holders Initiate Significant Outflow from Bybit Exchange
Bybit, a notable exchange in the cryptocurrency industry, has recently seen a large outflow of Bitcoin. On a single day, 12.5k BTC, worth $320M, was withdrawn. This is the largest single-day withdrawal in Bybit’s h…
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1 year, 2 months agoSEC Charges NFT Issuer Over Unregistered Securities Offering
The United States Securities and Exchange Commission (SEC) has brought its first enforcement action against a player in the non-fungible token (NFT) space. The regulator charged Impact Theory, a Los Angeles-based…
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1 year, 2 months agoGenesis Reaches Deal in Principle on Bankruptcy Reorganization Plan
Genesis Global and its affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing on Tuesday. The cryptocurrency lender aims to emerge from…
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1 year, 2 months agoStargate Deploys on Kava Chain, Expanding Reach of USDt to Ethereum Ecosystem
Stargate, the leading omnichain liquidity layer, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt to the Ethereum e…
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1 year, 2 months agoBitcoin Price Could Reach $100,000 in Next Cycle: BlackRock's Entry Bullish Signal
Sue Ennis, Vice President of Hut8, recently shared her thoughts on how Bitcoin price will rise above $100,000 in the next year and how the upcoming halving will impact BTC miners. Ennis believes that if Bitcoin…
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1 year, 2 months agoSEC Takes Action Against Impact Theory Over Unregistered NFT Offering
The US Securities and Exchange Commission (SEC) has taken legal action against media and entertainment company Impact Theory for conducting an unregistered offering of crypto asset securities as Non-Fungible Tokens…
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1 year, 2 months agoEthereum Price Consolidates Inside Bullish Triangle Pattern After OnlyFans Parent Company's $20M Investment
OnlyFans’ parent company, Fenix International Limited, has invested nearly $20 million into Ethereum (ETH) to diversify its portfolio. According to a recent financial filing, Fenix International purchased E…
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1 year, 2 months agoWazirX Temporarily Suspends INR Withdrawals, WRX Trading Volume Surges
India-based crypto exchange WazirX has temporarily suspended Indian Rupee (INR) withdrawals from its trading platform. The exchange has reportedly partnered with an alternate payment service provider, and a…
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1 year, 2 months agoFed Interference With Stablecoin Regulation Criticized by Legislators
The Federal Reserve is seemingly running interference with congressional efforts to regulate stablecoins, according to a letter recently sent to Fed Chairman Jerome Powell from Chairman of the U.S. House of…
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1 year, 2 months agoRobinhood Amasses $3 Billion in Bitcoin, Third-Largest Wallet in the World
The crypto world has been abuzz with speculation after a previously unidentified Bitcoin wallet amassed $3 billion in BTC. Data reveals that the wallet belongs to Robinhood, the popular investing and trading…
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1 year, 2 months agoStargate Deploys on Kava Chain, Expanding USDt Reach Across Cosmos and Ethereum Ecosystems
Stargate, the leading omnichain liquidity layer and native asset bridge, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable layer one. This integration will expand the reach of Tether’s C…
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1 year, 2 months agoShiba Inu (SHIB) Ecosystem Launches Layer 2 Scaling Solution Shibarium Network
The Shiba Inu (SHIB) ecosystem has achieved a major milestone with the successful launch of its layer two scaling solution, Shibarium. Lead developer Shytoshi Kusama has invited the Shibarmy to test the network and…
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1 year, 2 months agoSEC Fines Impact Theory $6.1 Million for Offering Unregistered NFT Securities
The US Securities and Exchange Commission (SEC) has charged Los Angeles-based media and entertainment company Impact Theory, LLC with offering unregistered securities in the form of NFTs. The company had raised…
