On Wednesday, the Securities and Exchange Commission (SEC) filed charges against cryptocurrency entrepreneur Justin Sun and his three companies, Tron Foundation, BitTorrent Foundation, and Rainberry (formerly BitTorrent), for fraud and other securities law violations. Sun and his companies have been…
SEC Targets Coinbase with Wells Notice on Staking & Asset Listings
Unpacking Coinbase’s Response to the SEC’s Wells Notice: Staying Compliant Amid Regulatory Confusion It’s been two years since the SEC thoroughly reviewed Coinbase’s business and approved its public listing. The company’s S1 filing clearly outlined their asset listing process, and…
BitFlyer, a prominent Crypto Exchange to List Shiba Inu (SHIB) and Launch Giveaway Campaign
BitFlyer, a leading Japan-based cryptocurrency exchange and private firm, has officially declared that it will be adding Shiba Inu (SHIB) to its trading platform. To celebrate this significant milestone, BitFlyer plans to conduct a special lottery-style giveaway, distributing SHIB tokens…
Texas Senator Ted Cruz’s Bill to Block CBDC
Senator Ted Cruz Proposes Legislation to Prevent Federal Reserve from Creating Central Bank Digital Currency Introduction: Senator Ted Cruz (R-Texas) recently presented a bill to prohibit the Federal Reserve System from developing a direct-to-consumer central bank digital currency (CBDC), effectively…
Sushi DAO Establishes $3M Legal Defense Fund to Protect Core Contributors Amid Regulatory Uncertainty
In light of the ever-evolving international regulatory environment for Decentralized Autonomous Organizations (DAOs) and the limited insurance options available for contributors, Sushi DAO has proposed the creation of a $3 million USDT legal defense fund. This fund aims to cover…
XRP Skyrockets by 25% as Investors Anticipate Positive Outcome in SEC Lawsuit Against Ripple Labs
Ripple Labs’ native token, XRP, saw a surge of over 25% on Tuesday as investors remained optimistic about the cryptocurrency’s prospects ahead of a crucial court ruling on the Securities and Exchange Commission’s (SEC) lawsuit against Ripple which has been…
Will Bitcoin Surprise Everyone with a New Record High?
Bitcoin has always been described as a store of value similar to precious metals, hence it is sometimes called digital gold. The bear market has been brutal to this cryptocurrency’s price and it has seen a drawdown of almost eighty…
Why more than 80 Crypto Companies Flocking to Hong Kong?
A significant increase in the number of virtual asset-related businesses looking to establish their presence in Hong Kong has been observed recently. With a total of 80 domestic and international companies expressing their interest in the city, Hong Kong is…
Bitcoin is out of the woods and all set to mark new highs for 2023
Bitcoin (BTC) left everyone surprised and created a new high of 2023. The crypto total market capitalization has surged above $1.14 trillion last week. The S&P500 closes positive which turned the overall financial market’s sentiments bullish. In this article, I…
Mastercard Collaborates with Australian Platform to Facilitate Stablecoin Transactions in Asia-Pacific Region
Mastercard Partners with Australian Platform Stables for Stablecoin Wallet and Card Integration. Global payment provider Mastercard has teamed up with the Australian stablecoin platform, Stables, to launch a digital wallet integration specifically for stablecoins. The collaboration aims to enable retail…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
