Leading cryptocurrency exchange, Coinbase, is not backing down in the face of the ongoing lawsuit filed by the Securities and Exchange Commission (SEC). In a recent shareholder letter, Coinbase revealed its intention to file a motion to dismiss the entire case. This bold move is part of a larger strategy as the exchange navigates the
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In the ever-evolving world of decentralized finance (DeFi), uncertainties often arise, leaving protocols to navigate uncharted waters. Amidst this climate of uncertainty, Aave Chan founder Marc Zeller has put forth a controversial proposal for the Aave Treasury to purchase $2 million worth of Curve DAO Tokens (CRV) from Curve Founder Michael Egorov. This move has
In a surprising move that has left the XRP community buzzing with anticipation, Bitstamp, Europe’s leading cryptocurrency exchange, has hinted at a significant announcement related to the XRP token. The Luxembourg-based exchange took to Twitter to tease the upcoming news, sharing a short video of an XRP rocket ascending, along with the hashtags #XRP, #XRPL,
MicroStrategy, co-founded by former CEO Michael Saylor, has gained significant attention as one of the largest holders of Bitcoin. In a recent discussion with Bloomberg, Saylor emphasized that potential approvals of Spot Bitcoin ETFs by the SEC would not impact his company’s “Bitcoin Strategy.” This article critically examines MicroStrategy’s unique approach to Bitcoin and its
Dogecoin (DOGE) has been making headlines recently, but not for the right reasons. The price of DOGE has taken a downward trajectory, causing concern among investors. In the past 24 hours alone, DOGE’s price has dropped by 3.6%, and over the course of the past seven days, it has seen a decline of 5.2%. These
The cryptocurrency market has been witnessing a surge in interest around Telegram trading bots, with projects like Unibot gaining significant traction and market cap exceeding $100 million. Amidst this frenzy, a fresh market-entrant token called Base Bot (BOT) has exploded by over 1,000% in August. However, as sell pressure grows, there is a significant localized
The revival of LUNC, Terra Classic’s native token, has been an ongoing effort within the community. However, the latest artificial intelligence (AI) algorithm has cast a shadow of doubt on the success of these endeavors. According to PricePredictions, a cutting-edge crypto analysis and forecasting platform, LUNC is projected to trade at approximately $0.000076 by the
In a recent letter, US Senators, led by Elizabeth Warren, have called for prompt action to implement new tax reporting requirements for digital asset brokers. The need for these requirements stems from the Infrastructure Investment and Jobs Act (IIJA) enacted nearly two years ago, which aimed to address the estimated $50 billion crypto tax gap
Kaspa, a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform, has gained significant attention in the blockchain sphere. Its emergence came at a time when the community was in search of an alternative to Ethereum (ETH) following its transition to a proof-of-stake (PoS) framework. Unlike traditional blockchain systems, Kaspa’s DAG-based PoW mechanism offers a unique approach
The Australian Securities and Investments Commission (ASIC) has recently filed a lawsuit against the online trading platform eToro, accusing it of violating financial regulations related to cryptocurrency derivative products. This alleged violation has reportedly led to two-thirds of Contract For Difference (CFD) traders losing their funds. The ASIC Deputy Chair, Sarah Court, expressed disappointment over
