TL;DR Ripple and the SEC have been in a significant dispute involving key witness testimony from Andrea Fox. The entities have also clashed over the sealing of certain financial documents, with the regulator viewing this data as critical to the case. The Clash Over Key Testimony The infamous legal battle between Ripple and the US […]
[PRESS RELEASE – Burmuda, Bermuda, June 8th, 2024] HashKey Global will launch the second phase of the Launchpool project, Aethir (ATH), on June 11, 2024. Users can lock ATH or USDT to share a pool of 5,870,000 ATH. The locking period is 3 days, starting on June 11 at 02:00 (UTC), with rewards beginning to […]
New York Attorney General Letitia James has filed a lawsuit against NovaTechFx, a crypto trading company, and AWS Mining, a digital asset mining company. The lawsuit alleges their involvement in illegal pyramid schemes that defrauded over 11,000 individuals and hundreds of thousands of investors, resulting in losses exceeding a billion dollars in cryptocurrency. $1 Billion […]
Creditors of the bankrupt cryptocurrency exchange FTX have filed an objection to the platform’s proposed reorganization plan, citing its failure to meet certain requirements of the Bankruptcy Code. According to a tweet by FTX creditor activist Sunil Kavuri, the objection argues that the reorganization plan ignores property rights issues, does not satisfy the best interest […]
It’s meme coin season, alright! There are no two ways around it: meme coins are undoubtedly the main narrative on Solana, and it seems it’s just a matter of time before another celebrity jumps on board. After Iggy Azalea, it’s now Andrew Tate who has put the Solana community on its toes. Tate-inspired meme coins […]
TL;DR Polkadot’s native token, DOT, is currently priced at around $7.20, showing a modest 2% weekly increase, despite a booming cryptocurrency market. Analysts, including Michael van de Poppe and Crypto Thanos, predict a potential bull run for DOT, with targets up to $17, driven by fundamental growth, improved use cases, and advancements in AI and […]
Almost $220 million was once again poured into the spot Bitcoin ETFs yesterday, June 6, thus extending the consecutive inflow streak to 18 trading days in a row. BlackRock’s IBIT had given up its first place in terms of daily inflows but saw $350 million inserted yesterday, while the former leader – Fidelity’s FBTC – […]
Kraken, one of the oldest and largest cryptocurrency exchanges in the United States, is orchestrating a large funding round before a potential initial public offering next year, according to a new report from Bloomberg. Sources contacted by the outlet say the exchange likely aims to raise $100 million before the move. Kraken To Go Public? […]
SEC Chair Gensler has voiced concern over unethical conduct within crypto exchanges, noting that the introduction of spot Ethereum ETFs will require additional time. Gensler’s comments were made during a June 5 interview on CNBC, where he also responded to Jim Cramer’s inquiries about potential exchange-traded products for cryptocurrencies beyond Bitcoin and Ethereum. Gensler Criticizes […]
Cardano founder Charles Hoskinson has dismissed claims that the network suffers from weak fundamentals. He criticized media outlets for their continued negative portrayal of the ecosystem, asserting a stark contrast between the reality of Cardano’s progress and the media’s depiction. Cardano Founder Refutes Media’s Gloomy Forecasts In a sharp rebuke this week, Hoskinson accused the […]