United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due to purportedly deceptive statements in a legal action against Digital Licensing Inc., also recognized as DEBT Box, a crypto company. Lodged in the federal court of Utah, the SEC’s legal […]
Binance Holdings Ltd., under CZ’s leadership, faced a plethora of regulatory challenges globally, even before the US government demanded a hefty $4.3 billion fine and accused CZ of crimes. From license cancellations in Australia to warnings from Hong Kong and Singapore, regulatory woes have marred the exchange’s operations worldwide. In […]
Every cryptocurrency fan is aware of the famous phrase “to the moon”, which often means the price of assets rising to astronomical heights. However, top memecoin Dogecoin is now actually about to be beamed up to the moon — literally. A Physical Dogecoin Is Headed To The Moon The DOGE-funded […]
Executives of cryptocurrency exchange Binance reportedly gave a heads-up to its top market makers regarding a potential $4.3-billion settlement with authorities in the United States. According to a Dec. 1 Bloomberg report, Binance traders at an exclusive September dinner in Singapore were informed about a tentative deal the crypto exchange […]
Renowned analyst Hassan Tyler disapproves of SEC chair Gary Gensler’s regulatory tactics, asserting that Gensler hasn’t learned from the SEC’s loss in the XRP case. Ripple’s Legal Triumph Over SEC The Ripple case, initiated by former SEC chair Jay Clayton in December 2020, accused Ripple of selling $1.3 billion in […]
In a Singapore High Court battle, Terraform Labs and its founder, Do Kwon, are facing the heat as a class-action lawsuit gets a green light despite attempts to push it into arbitration based on website terms. Imagine investing in a promising digital coin only to watch its value crash overnight. […]
The Starknet Foundation has moved quickly to quash speculation around screenshots of early iterations of a distribution portal for the upcoming launch of its native SRTK ecosystem token. Information shared with Cointelegraph ahead of an announcement on X (formerly Twitter) outlined that the Foundation is still developing plans to distribute […]
Bitcoin (BTC) has commenced December with a surge, catapulting above the $38,000 mark and signalling promising year-end highs above $40,000. The cryptocurrency’s recent ascent reflects a resurgence to levels last observed in May 2022, marking a notable shift in market dynamics following a prolonged downturn since its peak in October […]
The Coinbase exchange has released its 5th annual transparency report, and in its 2023 report, Coinbase revealed a 6% increase in requests for customer information from government agencies and law enforcement compared to the previous year. The report, which covers the period from October 1, 2022, to September 30, 2023, […]
Overview of Economic Data and Inflation Earlier today, Andrew Hollenhorst, Citi’s Chief U.S. Economist, joined CNBC’s “Squawk on the Street” to provide an analysis of the current economic data and its implications. He discussed the concept of a ‘Goldilocks’ economy, the potential for stickier inflation, and the timeline for achieving […]
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