The legal team representing the United States Securities and Exchange Commission in its civil case against Binance is requesting the court grant a motion to allow documents filed under seal. In an Aug. 28 filing in U.S. District Court for the District of Columbia, the SEC petitioned a federal judge […]

On July 13, 2023, District Judge Analisa Torres of the United States District Court for the Southern District of New York delivered her verdict in the legal battle between the SEC and Ripple Labs, initiated in December 2020. The U.S. Securities and Exchange Commission had initiated legal proceedings against Ripple […]

PEPE is garnering attention from major investors as the buzz surrounding the meme coin continues to grow. However, despite the increasing interest, these tokens are grappling with a persistently bearish sentiment, as their price performance remains lackluster. In an interesting turn of events, a significant number of investors are beginning […]

DCG has reached an in-principle agreement with Genesis creditors to address the bankruptcy claims. Under the proposed framework, potential recoveries are anticipated to range from 70% to 90% of the funds. DCG has pledged an additional $275 million to address the May 2023 maturities. Digital Currency Group (DCG) has taken […]

Polygon’s MATIC token experienced fleeting 24-hour gains that offered a momentary glimmer of hope for its investors. However, this uptick was juxtaposed against lingering weaknesses in the bullish sentiment, prompting questions about the potential for further downside.  In the last five days, MATIC embarked on a trajectory marked by a […]

Ethereum price is attempting a recovery wave above $1,650 against the US Dollar. ETH must clear $1,660 and $1,700 to start a steady increase. Ethereum is struggling to rise above the $1,660 and $1,670 levels. The price is trading near $1,650 and the 100-hourly Simple Moving Average. There was a […]

The developers behind Solana-based smart contract automation project Clockwork is set to turn off key infrastructure for the protocol at the end of October, citing “limited commercial upside.” In a series of X (Twitter) posts on Aug. 27, Clockwork founder Nick Garfield Garfield said he and the team will stop […]

On 28 August 2023, the U.S. Securities and Exchange Commission (SEC) announced that it had charged Impact Theory, LLC, a Los Angeles-based media and entertainment company, for conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). The company had sold nearly $30 million worth of NFTs, […]

Ethereum founder Vitalik Buterin has multiple public wallets that carry a significant amount of ETH and these wallets are religiously tracked by on-chain sleuths. This is why whenever the founder makes a withdrawal, the destination of the ETH being sent is closely followed and recent reports reveal that Buterin has […]

Lawyers representing Sam Bankman-Fried, or SBF, have filed an appeal claiming the former FTX CEO’s bail was revoked “in retaliation for him exercising his First Amendment rights” and not witness tampering as alleged. In an Aug. 25 filing in the United States Court of Appeals for the Second Circuit, SBF’s […]