The US Securities and Exchange Commission (SEC) has pushed back against Hex founder Richard Heart’s attempt to dismiss the $1 billion securities fraud lawsuit filed against him. The SEC filed an opposition brief in a New York federal court, arguing that Heart’s motion to dismiss does not adequately address the allegations in the complaint and
Marketing
In a historic move, Crypto.com, the Singapore-based cryptocurrency exchange, has solidified a groundbreaking partnership with the prestigious Union of European Football Associations (UEFA) Champions League. This partnership marks a significant milestone as Crypto.com becomes the official global sponsor of the UEFA Champions League, setting a new standard in the world of sports sponsorships. This exclusive
European investment company CoinShares recently announced impressive financial results for the second quarter of 2024. The company’s revenue more than doubled compared to the same period in 2023. According to the earnings report, CoinShares achieved a revenue of £22.5 million ($28.5 million) in Q2 2024, showing a 110% year-over-year growth from the £10.7 million ($13.5
In today’s rapidly evolving political landscape, the intersection of cryptocurrency advocacy and political campaigns has become increasingly prominent. A recent Fox Business report highlighted the emergence of a new advocacy group, “Crypto for Harris,” aimed at challenging Donald Trump’s industry appeal. This development signifies the growing influence of the cryptocurrency industry in shaping political narratives
Ferrari, the renowned Italian luxury sports car manufacturer, recently announced its plans to broaden its cryptocurrency payment system to its European dealer network by the end of July. The company also has ambitions to extend this option to more countries within its global dealership network where digital currencies are legally recognized by the end of
In a groundbreaking move that has sent shockwaves across the sports and crypto industries, the leading crypto exchange Kraken has recently partnered with one of England’s most iconic football clubs, Tottenham Hotspur. This alliance has not only put Kraken on the map as the official crypto, web3, and sleeve partner for Tottenham Hotspur’s men’s and
The forecast presented by Joe Burnett, a Senior Product Marketing Manager at Unchained Capital, sheds light on a compelling argument for Bitcoin potentially reaching a valuation of $750,000. According to Burnett, the current market may not fully grasp Bitcoin’s true potential in the current cycle, often failing to consider its broader context within the global
In a time of challenging market conditions, DWF Labs, a prominent Web3 market maker and investment firm, has set forth ambitious plans for continued growth and innovation. The recent unveiling of its new website marks the beginning of a series of steps aimed at fostering greater transparency and fair market practices within the industry. Amidst
The recent news of Artur Schaback, co-founder and former CTO of Paxful, pleading guilty to conspiracy to deliberately fail in establishing, developing, implementing, and maintaining a compliant AML program has sent shockwaves through the fintech industry. The US Department of Justice’s revelation that Schaback neglected to collect necessary KYC information of customers who traded on
The cryptocurrency industry is a fast-paced and ever-evolving ecosystem, full of exciting developments and innovations. However, with these advancements also comes the looming threat of hackers and malicious actors who are constantly on the lookout to exploit vulnerabilities, especially among novice users. One particular sector that often falls victim to such attacks is the meme