The Sui Foundation, a non-profit organization that oversees the development of the Sui blockchain, recently found itself at the center of controversy due to claims of insider trading involving its native token, SUI. Launched with the intention of creating a robust layer-1 blockchain ecosystem, SUI had been enjoying a significant rally. However, discussions ignited on
Gains
In the turbulent arena of cryptocurrency, Shiba Inu (SHIB) has demonstrated a notable uptick, with a 5% rise over the past week and an impressive 30% increase over the last month. However, this spike comes at a time when the broader cryptocurrency market is experiencing a revival. Bitcoin, for instance, recently reached a three-week high
The intersection of cryptocurrency and regulation has become a battleground, especially with high-profile cases such as Coinbase’s ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). Seeking to access internal SEC documents, Coinbase is attempting to illuminate the regulatory body’s enforcement strategies toward the thriving crypto sector. This conflict transcends mere corporate grievances; it
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has drawn significant attention from both the crypto community and financial sectors. As we examine the intricate details of their conflict, there is a mixture of legal ramifications and potential market implications for XRP, Ripple’s native cryptocurrency. Recent court rulings,
As the 2024 presidential election approaches, the cryptocurrency landscape is poised for significant change depending on the policies and ideologies endorsed by the candidates. Alex Thorn, the head of research at Galaxy Digital, has put forth a ‘policy scorecard’ that evaluates the positions of leading candidates on key issues affecting the crypto industry. In doing
In a defining moment for the Australian cryptocurrency landscape, Monochrome Asset Management is set to debut the nation’s first-ever spot Ethereum exchange-traded fund (ETF) on the Cboe exchange. The Monochrome Ethereum ETF, known by its ticker symbol IETH, is scheduled to commence trading on October 14, following the green light given to similar products in
In an unprecedented legal battle, a man is pursuing nearly £500 million ($646.4 million) from Newport Council in an attempt to retrieve 8,000 Bitcoin (BTC) he alleges were lost during a hard drive disposal incident back in 2013. James Howells, the plaintiff, claims that a simple mix-up led to his hard drive being thrown away
As the US presidential election approaches, the political terrain is growing increasingly complex, with significant implications for the cryptocurrency sector. With only days remaining, analysts have noted a pivotal shift in prediction markets favoring Republican candidate Donald Trump—an individual whose agenda resonates more closely with crypto advocates. This shift not only reflects public sentiment but
The cryptocurrency sector has rapidly evolved, not only attracting investors but also catching the attention of regulators across the globe. The recent actions taken against firms like FTX and Alameda Research shed light on an intense crackdown by U.S. authorities. With FTX’s staggering $12.7 billion in combined settlement charges, there is no denying the severity
The ongoing saga of Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has captured the attention of the cryptocurrency community since the commencement of legal proceedings back in 2020. As the stakes rise, both parties recently solidified their positions, with Ripple filing a notice of cross-appeal just after the SEC announced its appeal.