Crypto.com Challenges SEC in Court

Crypto.com challenges SEC

Crypto.com, a major player in the cryptocurrency exchange market, has taken a bold step by filing a lawsuit against the United States Securities and Exchange Commission (SEC). This legal action comes in response to a Wells notice from the SEC. Indicating the regulator’s intention to initiate legal proceedings due to purported securities violations by the […]

El Salvador Bonds Surge Amidst Controversial Bitcoin Bet

El Salvador bonds

Despite frequent criticism from institutions and politicians regarding President Nayib Bukele’s financial strategies, El Salvador bonds are experiencing a significant rally. Recent data from Bloomberg highlights this surge following the government’s proposal to buy back nine dollar-denominated bonds from investors—a move aimed at restructuring the country’s debt. Bukele’s Unconventional Methods Paying Off? El Salvador’s approach […]

Meme Coin Frenzy Over Satoshi’s Identity Ahead of HBO Doc

meme coin

As the crypto world braces for the HBO documentary “Money Electric: The Bitcoin Mystery,” set to air on October 8. Meme coin traders are buzzing with speculation about the identity of Bitcoin’s mysterious creator, Satoshi Nakamoto. The film promises to unveil the person behind the pseudonym who initiated the blockchain revolution with a forum post […]

Bitwise Consolidates Crypto ETFs into New Rotation Strategy Fund

Bitwise consolidates crypto ETFs

Bitwise Asset Management is set to consolidate three of its futures-based cryptocurrency exchange-traded funds (ETFs) into a single innovative offering. According to recent filings with the U.S. Securities and Exchange Commission (SEC). The newly proposed ETF, named the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF, is designed to adaptively shift its holdings between Bitcoin […]

U.S. Supreme Court Urged to Proceed with Nvidia Crypto Lawsuit

Nvidia crypto Lawsuit

Officials from the U.S. Department of Justice and the Securities and Exchange Commission have urged the U.S. Supreme Court to allow a class action lawsuit against Nvidia to proceed. Accusing the tech giant of misleading investors about the impact of cryptocurrency mining on its 2017-2018 revenues. Details from the Amicus Brief The amicus brief, filed […]

The Truth Behind the $56.3 Million CryptoPunk Sale

Cryptopunks

A recent transaction claiming a record $56.3 million sale of a CryptoPunk NFT on Ethereum has sparked skepticism due to its peculiar circumstances and use of complex blockchain maneuvers, like flash loans, that suggest the transaction wasn’t a straightforward sale. Analyzing the Sale of CryptoPunk 1563 CryptoPunk 1563, which sold for a purported 24,000 ETH […]

Franklin Templeton Adopts Aptos Blockchain for U.S. Fund

Franklin Templeton

Wall Street giant Franklin Templeton has announced the transition of its Nasdaq-listed On-Chain U.S. Government Money Fund (FOBXX) to the Aptos blockchain. Marking a significant step in the firm’s embrace of blockchain technology for financial services. Embracing Blockchain Innovation The move to Aptos, a blockchain platform developed by alumni of Meta’s unsuccessful Diem project. Represents […]

Trump Vows to Save Silk Road Founder Ross Ulbricht

Donald Trump

Former President Donald Trump has once again pledged to intervene in the case of Ross Ulbricht. The imprisoned founder of Silk Road, marking a significant moment that rekindles discussions about justice, decentralization, and the role of cryptocurrencies in society. Renewed Pledge for Intervention Trump’s declaration, “I WILL SAVE ROSS ULBRICHT!” shared on Truth Social, has […]