The crypto industry is on the edge of its seat as Coinbase, one of the oldest and most recognized companies in the sector, faces off against the U.S. Securities and Exchange Commission (SEC) in a legal battle that could set a precedent for future regulation. The crux of the dispute […]

Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing towards U.S. crypto businesses, according to a recent report. Published by crypto investment firm Galaxy Digital on July 14, the report stated that US-based crypto start-ups had a significant […]

Ripple CEO Brad Garlinghouse believes the United States Securities and Exchange Commission (SEC) will face a prolonged process before having the chance to appeal Judge’s Torres favorable ruling in the case against Ripple.  On July 13, Judge Torres ruled partially in favor of Ripple Labs in a case brought forth […]

According to JPMorgan, the key court ruling going partially in favor of blockchain payments firm Ripple marks a monumental win for the entire crypto industry and provides clarity on what does and doesn’t qualify as a security. One Giant Win For Crypto Industry On Thursday, federal district judge Analisa Torres […]

The latest updates on Coinbase’s legal troubles provide an intriguing glimpse into the state of cryptocurrency regulations in the United States. According to a blog post by Coinbase published on 14 July 2023, the U.S. Securities and Exchange Commission (SEC) and state regulatory bodies from ten states have raised allegations […]

United States-based cryptocurrency exchange Coinbase has announced it will be temporarily stopping customers from staking additional assets in four states amid legal proceedings from local regulators. In a July 14 blog post, Coinbase said users in California, New Jersey, South Carolina, and Wisconsin would be restricted from using certain staking […]

Lending protocol Geist Finance is shutting down permanently due to losses from the Multichain exploit, according to a July 14 social media post from the app’s development team. Geist contracts were paused on July 6, then resumed in “withdraw and repay only” mode on July 9. The latest post confirms […]

OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims. According to the July 14 announcement, FTX claims specifically can be immediately onboarded and converted into collateral in the form of OPNX’s native reborn OX (reOX) tokens or oUSD, its […]

Binance CEO Changpeng Zhao wrote a letter addressing the exchange’s users, reflecting on past crypto winters and laying out key trends shaping up within the industry as the company celebrates its sixth anniversary.  Within the letter, Zhao highlighted some of the company’s challenges throughout its journey. The executive said that […]

British society is both civil and democratic, so it wasn’t unexpected that the government of the United Kingdom would “consult” the public before signing off on a digital version of the British pound. The response it received may have been surprising, though. The public canvassing conducted jointly by His Majesty’s […]