The Landmark Ruling on 13 July 2023 On 13 July 2023, a significant ruling was delivered in the ongoing SEC vs Ripple Labs lawsuit. The U.S. Securities and Exchange Commission (SEC) had accused Ripple Labs and its two senior executives, Bradley Garlinghouse and Christian A. Larsen, of unlawfully offering and […]

Self-proclaimed Bitcoin creator must pay £400,000 security deposit for legal claims against Coinbase and Kraken. Doubts persist over Nakamoto’s financial capability and conflicting testimonies. Kraken defends against claims, citing Bitcoin’s decentralized vision. In a significant legal development, the self-proclaimed Bitcoin creator, who goes by the name Nakamoto, has been ordered […]

Ant Group, a company backed by billionaire Jack Ma, is reportedly planning to restructure and cut ties to some operations that are not core parts of its Chinese financial business. The move prepares the company for a potential initial public offering (IPO) in Hong Kong.  Citing anonymous sources, mainstream media […]

Tron price is consolidating near the $0.080 support against the US Dollar. TRX could outperform Bitcoin if the bulls stay active above $0.080. Tron is holding major support near $0.080 against the US dollar. The price is trading above $0.0805 and the 100 simple moving average (4 hours). There is […]

Worldcoin co-founder Alex Blania’s recent refusal to disclose the token’s distribution model has raised some eyebrows, including that of John Deaton, who has expressed his dismay at his action. Something Fishy With Worldcoin? A video surfaced on Twitter in which Alex Blania, during a recent Bankless interview alongside fellow co-founder […]

Ripple’s sales in 2023 have caused mixed feelings for members of the Ripple community, with many considering it bullish for the network while others see it as detrimental to XRP’s price action.  What Has Happened With Ripple’s Sales? Compared to 2022, Ripple sold 37% more XRP per month in 2023, […]

Solana game developer Automata (ATMTA) will undergo “a significant headcount reduction” to preserve its ability to develop Star Atlas. After the restructuring, the Automata team will comprise just 45 staff, compared to 235 in late 2022. According to the July 24 announcement on Discord, Michael Wagner, CEO and co-founder of […]

Sky Mavis, the company behind the popular play-to-earn (P2E) blockchain game Axie Infinity, has announced a partnership with the Ethereum-based nonfungible token (NFT) collection CyberKongz to create a more comprehensive gaming ecosystem for the Ronin blockchain. In the announcement, the company also teased the creation of a new game, though […]

Elon Musk posted an update for users with more information on the rebranding of Twitter to X saying it is part of a larger plan to incorporate financial services on the platform.  On July 25, Musk tweeted that his enterprise X Corp acquired Twitter in the name of freedom of […]