Coinbase is taking a bold stand against the SEC, accusing the regulatory body of attempting to skirt around established legal tests in their ongoing legal battle. The exchange argues that the SEC is avoiding the fundamental question of whether a digital asset transaction without post-sale obligations can be considered an investment contract under the Howey
The Dogeverse (DOGEVERSE) presale is coming to a close, with the last chance for investors to participate ending on 3 June 2024. This unique multi-chain offering has already raised over $15 million, showcasing its popularity and potential in the crypto space. With the Dogeverse token currently priced at $0.00031, many are anticipating a significant price
The recent surge in popularity of the Floki Inu (FLOKI) token has taken a hit as investors are now flocking towards a new ICO called 5thScape. With the promise of delivering 1,700% gains, many holders of FLOKI are jumping ship in hopes of maximizing their returns. This shift in focus showcases the volatile nature of
Recently, there have been rumors circulating on social media about Bybit crypto exchange’s alleged insolvency. These rumors started spreading through obscure social media accounts, suggesting that a bug in a proof-of-reserves graph from Arkham Intelligence could have sparked the speculation. However, Bybit’s CEO, Ben Zhou, has firmly denied these claims, stating that they are baseless
Cryptocurrency analyst, Crypto Con, has recently made a bold prediction regarding the future of Bitcoin. By analyzing historical data and trends, Crypto Con believes that Bitcoin is on track to reach its peak in the ongoing bull cycle. Utilizing the Stochastic Momentum Index (SMI) Ergodic Indicator, the expert has identified that Bitcoin is currently in
LidoDAO (LDO) has been making waves in the cryptocurrency market recently, with a 26% jump in price in just 7 days. The native crypto of the decentralized Ether staking platform Lido, LDO also serves as the governance token of the Lido decentralized autonomous organization (DAO). While some may think it’s too late to buy LidoDAO,
The recent nullification of the Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US by the First District Court of Appeals in Florida has raised eyebrows in the financial and cryptocurrency communities. The ESO was initially put in place earlier this year, banning Binance.US from serving residents of Florida due to
Bitcoin whales have displayed a strong bullish trend in the market, as they continue to capitalize on the price dips by buying significant amounts of BTC. The co-founder of Bitcoin-based company Apollo, Thomas Fahrer, made a stunning revelation about the rapid accumulation of Bitcoin tokens by these large investors. Despite smaller investors selling their holdings,
SEC Chairman, Gary Gensler, has recently expressed his strong opposition to the Financial Innovation and Technology for the 21st Century (FIT21) Act, which has been praised for its potential to bring regulatory clarity to the crypto industry. Gensler argues that the bill, if passed, would actually weaken the current consumer protections in the crypto market.
Uniswap Labs has recently come out with a bold and defiant response to the Securities and Exchange Commission’s (SEC) Wells notice, pushing back against the agency’s attempts to regulate decentralized finance (DeFi). In a blog post on May 20, the company stated that it firmly believes it is in the right and is ready to
