The crypto world has been abuzz with speculation after a previously unidentified Bitcoin wallet amassed $3 billion in BTC. Data reveals that the wallet belongs to Robinhood, the popular investing and trading platform.The wallet is now the third-largest in the world, behind Binance and Bitfinex, which possess Bitcoin holdings of $6.4 billion and $4.3 billion, […]
The US Securities and Exchange Commission (SEC) has charged Los Angeles-based media and entertainment company Impact Theory, LLC with offering unregistered securities in the form of NFTs. The company had raised over $30 million from investors in the US, emphasizing that it was “trying to build the next Disney” and that it would deliver “tremendous […]
Robinhood, an investing and trading platform, has become the third-largest Bitcoin holder after accumulating $3 billion worth of BTC in three months. This wallet address had attracted attention, with some speculating that it belonged to Winklevoss-led Gemini or asset management giant BlackRock. However, Arkham Intelligence data showed that Robinhood is, in fact, behind the wallet. […]
Robinhood, a retail trading giant, has been identified as the third largest holder of Bitcoin by blockchain intelligence firm Arkham. Jump Trading Custody, a Chicago-based trading firm, has been providing crypto services to Robinhood since at least 2019. According to data from BitInfoCharts, the wallet began accumulating in mid-May and by late June, was the […]
Stellar Lumens (XLM) has been making significant progress in the cryptocurrency market, with its growing network of off-ramp destinations and global collaborations. The Stellar Development Foundation is also nearing the official mainnet launch of its Soroban smart contract platform, which could potentially broaden the scope and applications of XLM.The platform offers Turing-complete smart contract capabilities […]
The United States Securities and Exchange Commission (SEC) has charged Impact Theory, a Los Angeles-based media and entertainment company, with conducting unregistered securities sales when it sold nonfungible tokens (NFTs) to investors between October and December 2021. The company raised almost $30 million through the sales of NFTs it called Founder’s Keys, which were offered […]
The US Securities and Exchange Commission (SEC) has charged Los Angeles-based media and entertainment company Impact Theory, LLC for allegedly offering unregistered securities in the form of NFTs.The SEC said that Impact Theory had raised over $30 million from investors in the United States, and had emphasized that it was “trying to build the next […]
Cryptocurrency exchange Binance may be considering withdrawing its services from Russia due to sanctions from countries including the United States. A Binance spokesperson said the exchange was considering all options, including a full exit. Binance has already removed certain sanctioned Russian financial institutions from available payment options on its P2P platform and added fiat currency […]
The SEC has recently intensified its crackdown on crypto firms, filing lawsuits against two of the largest crypto exchanges in the world, Coinbase and Binance. Ripple Labs is also facing a lawsuit from the SEC, which alleges that Ripple Labs issued unregistered securities in the form of XRP tokens. Both Coinbase and Binance have vowed […]
A federal court in Chicago has taken a groundbreaking step to combat cybercrime by using innovative technology to lock criminals out of their blockchain accounts. The court order applies to 16 individuals and international criminal organizations sanctioned by the United States Treasury Department, including the notorious Lazarus Group and Hydra Market.The Lazarus Group is a […]
