Coinbase recently filed a closing brief with the US Court of Appeals for the Third Circuit, challenging the SEC’s denial of its rulemaking petition. The crux of the case revolves around a single sentence in the SEC’s order that “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset firms. This lack
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The U.S. District Court for the District of Utah recently made a significant decision regarding the Securities and Exchange Commission’s (SEC) case against Digital Licensing, operating under the name Debt Box. The judge dismissed the case and ordered the SEC to pay approximately $1.8 million in attorney and receivership fees. In a post on X
Blockchain technology has been making waves in various industries, and the gaming sector is no exception. In a recent announcement, cryptocurrency exchange OKX and blockchain technology company Immutable have come together to revolutionize the gaming industry. By leveraging Immutable’s zkEVM solution, the partnership aims to introduce enhanced features and benefits for gamers and game studios
The launch of spot Ethereum ETFs in the US has been eagerly anticipated, with experts speculating that it could happen as early as June. Bloomberg ETF analyst Eric Balchunas has indicated that there is a legitimate possibility of spot Ethereum ETFs launching by the end of June. However, he also mentioned that an earlier mid-June
The ultra-bullish prediction of Cardano rising to $38 seems highly unrealistic and speculative. While it is important to have optimism in the cryptocurrency market, it is equally crucial to ground predictions in reality. Making such extravagant claims without concrete evidence or a clear roadmap undermines the credibility of the analyst. The prediction fails to take
In a recent development, SEC commissioner Hester Peirce put forward an intriguing proposal for a shared digital securities sandbox between the US and the UK on May 29. This proposal aims to expand the existing joint digital securities sandbox (DSS) of the Bank of England and the FCA to include US firms. The idea behind
In the year of meme coin mania, we have witnessed a surge in the launch of meme coins with dubious connections. Lookonchain’s data has shed light on the dangers of trading meme coins, especially those backed by celebrities. The recent example of American celebrity Caitlyn Jenner’s JENNER coin, launched on the Solana blockchain, serves as
One crypto strategist, known as Xanrox, has made a bold prediction about the future of Bitcoin. Despite the recent climb above $70,000, Xanrox warned the crypto community that a decline in the price of Bitcoin may be on the horizon. This prediction comes at a time when the market is still filled with euphoria and
In the fast-paced world of digital assets, SEI NFTs have made a significant impact on artists, gamers, and collectors alike. The SEI Network, powered by its open-source Layer 1 blockchain, has emerged as a key player in the NFT space. The network prides itself on its ability to handle low transaction fees, provide robust security,
The blockchain analysis firm Nansen recently unveiled a rather intriguing discovery – DBS Bank, one of Singapore’s leading banking institutions, has been identified as a cryptocurrency whale. A crypto wallet supposedly owned by DBS Bank holds a staggering 173,753 Ether (ETH), with a current market value of approximately $650 million. Notably, the address in question