The United States Securities and Exchange Commission has a very slim chance of winning its appeal against Ripple in the ongoing lawsuit, according to lawyer Bill Morgan, who has been closely following the lawsuit. Morgan, in a post on X (formerly Twitter), argued that there is no obvious appellable error […]
In the most recent development in the SEC’s action against Binance, Binance.US, and CEO CZ, the SEC plans to submit an omnibus brief. The securities regulator aims to dismiss the complaint filed by Binance.US and a motion by Binance Holdings and Changpeng “CZ” Zhao to dismiss the lawsuit. SEC’s Omnibus […]
Pro-Bitcoin (BTC) presidential candidate Javier Milei failed to secure victory in the first round of the Argentine presidential election and is now set to face off against economy minister Sergio Massa in a Nov. 19 run-off vote. On Oct. 23, election results provided by Bloomberg show with over 90% of […]
Renowned pro-Ripple lawyer John Deaton has weighed in on the complex dynamics surrounding the XRP lawsuit and the potential for an expeditious appeal by the U.S. Securities and Exchange Commission (SEC). Deaton’s insights followed the SEC’s decision to voluntarily drop charges against Ripple CEO Brad Garlinghouse and executive chairman Chris […]
Greek Prime Minister Kryiakos Mitsotakis announced the establishment of an advisory committee to create a national strategy for artificial intelligence (AI) in Greece on Oct. 19. The Greek government said the “exponential pace” of AI development has created the necessity for an advisory committee under the country’s prime minister. The […]
Until Bitcoin (BTC) breaks its long-established $25-30k trading range, the crypto market is arguably in what some analysts have called a “crab market”. It is likely that a decisive macroeconomic or crypto-specific catalyst will be necessary to break out of it. This failed to occur in the month of September. […]
Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing its reserve data reports. Paolo Ardoino, Tether’s chief technical officer and upcoming CEO, disclosed that the firm plans to start publishing reserve data in real-time in 2024, […]
Binance, one of the top cryptocurrency exchanges, has informed Ethereum network users about an upcoming development that could affect their deposit and withdrawal activities. Binance is gearing up for a routine wallet maintenance operation with a focus on the Ethereum network (ERC20). Ethereum (ETH) Withdrawals to Be Temporarily Suspended by […]
After a series of remarks about the potential benefits of a central bank digital currency (CBDC) for the national economy, the Central Bank of the Argentine Republic said it has accelerated its work on legislation to implement the CBDC workflow in the country. On Oct. 18, during a public discussion on […]
While the development of artificial general intelligence (AGI) comes with a truckload of benefits, it also comes with massive risks if the technology falls into the wrong hands. However, decentralization using blockchain technology might help prevent a catastrophe, according to Janet Adams, the chief operating officer of the artificial intelligence […]
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