In a significant ruling on August 29, 2023, the United States Court of Appeals for the District of Columbia Circuit overturned a Securities and Exchange Commission (SEC) order, delivering a long-awaited victory to Grayscale Investments LLC in their lawsuit regarding the conversion of their Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF). The SEC
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Crypto’s newest decentralized social media (DeSo) app, friend.tech, has found itself in hot water recently due to its decision to punish users who opt for forks or copycat versions of its tokenized social media platform. In an Aug. 28 tweet, the official friend.tech X account stated, “To make sure loyal users are rewarded fairly during
Binance, one of the leading cryptocurrency exchanges, has recently announced its decision to halt 39 liquidity mining pools due to its latest assessment. The platform has stated that these pools will cease operation on September 1, 2023, after failing to meet the assessment’s standards. This move comes as Binance aims to review listed liquidity pools
Thailand has recently witnessed an unexpected turn of events, as Srettha Thavisin, a candidate from the Pheu Thai Party, has been voted in as the country’s 30th Prime Minister. In a surprising move, Thavisin secured 482 votes out of a possible 747, indicating a clear majority in his favor. This marks a remarkable shift in
The world of cryptocurrencies is constantly evolving, and one coin that has recently gained significant attention is Toncoin (TON). In the past week alone, Toncoin’s price has surged by over 8%, sparking renewed interest in cryptocurrency and generating discussions about its potential for sustained growth in the future. With a current price of $1.46, Toncoin
Shibarium, the layer 2 blockchain, has recently made a stunning comeback and relaunched. This relaunch has caused a significant surge in the price of its native token, Bone Shibaswap (BONE), setting new milestones for the token. In the last 24 hours since Shibarium’s official relaunch on Thursday, August 24, the BONE token has experienced a
In a recent development, U.S. prosecutors have bombarded former FTX CEO Sam-Bankman Fried’s legal team with a massive amount of discovery documents. Lawyers representing Bankman-Fried have strongly objected to the government’s approach of providing access to evidence and legal information while their client is held at the Metropolitan Detention Center in Brooklyn. One of the
Back in July, Judge Analisa Torres declared that XRP programmatic sales should not be classified as securities. This ruling initially caused a rally in the price of the XRP token, as it provided clarity and relief to investors. However, as time has passed and the United States Securities and Exchange Commission (SEC) has begun to
In a recent cybersecurity incident, bankruptcy claims agent Kroll suffered a breach that compromised the personal information of some FTX customers. FTX, a cryptocurrency exchange, confirmed the incident on social media and assured its users that measures were being taken to protect them. However, the incident raises concerns about the security of customer data and
The world of cryptocurrency has witnessed a significant surge in the value of Artificial Intelligence (AI) tokens. With chipmaker Nvidia attaining an all-time high, it becomes clearer that their investment in the AI sector has paid off. As per the latest data from crypto market tracker Coingecko, AI-based cryptocurrencies have recorded double-digit gains. This article
