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Just days after the major legal victory, Ripple Labs CEO Brad Garlinghouse spoke with CNBC on the recent court decision in the legal battle with the U.S. Securities and Exchange Commission (SEC). Garlinghouse emphasized that the verdict in the lawsuit is good for the whole crypto industry, not just Ripple. […]
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On July 13, Ripple Labs won part of its legal battle with the U.S. Securities and Exchange Commission (SEC) in the Southern District of New York’s federal district court. Concerning programmatic sales on digital asset exchanges, Judge Analisa Torres found in favour of Ripple Labs, granted summary judgment, and found […]
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SNX, the native token of the Synthetix Network, has been on the rise, gaining more than 35% in the past week. The cryptocurrency continues to exhibit strong bullish momentum, having registered a positive market performance over the past few weeks. SNX’s recent price surge has been linked to the positive […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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