Ripple Continues Winning Streak in Ongoing XRP Lawsuit

Ripple vs. SEC: Latest Updates on the LawsuitThe legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical phase in November 2023. Both parties have submitted a joint proposal outlining the next steps in the lawsuit, focusing on the remedies briefing and discovery process.John E. Deaton, a lawyer […]

Bitcoin Hits New High for 2023, Ethereum ETF Application Open for Public Comments, Binance to Phase Out BUSD, and More

Bitcoin has reached a new high for the year, surpassing $39,500, which has brought joy to crypto enthusiasts and investors worldwide. In November, MicroStrategy, the largest corporate holder of Bitcoin, purchased around 16,139 BTC worth approximately $608 million at current prices. The US Securities and Exchange Commission (SEC) has opened the floor for public comments […]

Bitcoin Hits New High for 2023, Ethereum ETF Application Open for Public Comments, Binance to Phase Out BUSD, and More

Bitcoin has reached a new high for the year, surpassing $39,500, which has brought joy to crypto enthusiasts and investors worldwide. In November, MicroStrategy, the largest corporate holder of Bitcoin, purchased around 16,139 BTC worth approximately $608 million at current prices. The US Securities and Exchange Commission (SEC) has opened the floor for public comments […]

Ronaldo’s NFT Endorsement Sparks Legal Battle in Cryptocurrency Industry

In the fast-paced world of digital currency, soccer superstar Cristiano Ronaldo is facing a legal battle over his involvement with cryptocurrency exchange Binance. Ronaldo’s promotion of his NFT collections has resulted in a class-action lawsuit alleging investor damages. This case highlights the complex relationship between celebrity endorsements and digital finance, which has been a recurring […]

Ronaldo’s NFT Endorsement Sparks Legal Battle in Cryptocurrency Industry

In the fast-paced world of digital currency, soccer superstar Cristiano Ronaldo is facing a legal battle over his involvement with cryptocurrency exchange Binance. Ronaldo’s promotion of his NFT collections has resulted in a class-action lawsuit alleging investor damages. This case highlights the complex relationship between celebrity endorsements and digital finance, which has been a recurring […]

Terraform Labs Faces Landmark Lawsuit Over Alleged Fraud in Singapore

Terraform Labs and its co-founder, Do Kwon, are facing a significant legal battle in Singapore. The High Court has rejected their attempt to dismiss a class-action lawsuit, which accuses them of fraudulent misrepresentation in promoting the terraUSD (UST) stablecoin. The lawsuit was initiated by 375 claimants who allege losses of $57 million. Terraform Labs’ lawyers […]

Terraform Labs Faces Landmark Lawsuit Over Alleged Fraud in Singapore

Terraform Labs and its co-founder, Do Kwon, are facing a significant legal battle in Singapore. The High Court has rejected their attempt to dismiss a class-action lawsuit, which accuses them of fraudulent misrepresentation in promoting the terraUSD (UST) stablecoin. The lawsuit was initiated by 375 claimants who allege losses of $57 million. Terraform Labs’ lawyers […]

UK Lawmakers Express Concerns Over Launching Retail CBDC Due to Privacy and Financial Stability Worries

The U.K. Parliamentary Treasury Committee has issued a stern warning about the potential risks of developing a retail central bank digital currency (CBDC), or ‘digital pound’. Lawmakers are urging the Bank of England and H.M. Treasury to carefully consider data privacy and financial stability concerns before moving forward with the implementation of this new form […]

UK Lawmakers Express Concerns Over Launching Retail CBDC Due to Privacy and Financial Stability Worries

The U.K. Parliamentary Treasury Committee has issued a stern warning about the potential risks of developing a retail central bank digital currency (CBDC), or ‘digital pound’. Lawmakers are urging the Bank of England and H.M. Treasury to carefully consider data privacy and financial stability concerns before moving forward with the implementation of this new form […]

Hashdex Submits Revised Spot Bitcoin ETF Proposal Ahead of SEC Decision

Hashdex, a crypto asset management company, has submitted a revised proposal for a Bitcoin Spot ETF to the United States Securities and Exchange Commission (SEC). The company plans to combine Spot Bitcoin with its Bitcoin Futures ETF and change the ticker to a Hashdex Bitcoin ETF. Hashdex has also announced a partnership between Teucrium Trading […]