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Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally?
27.5.2024
As President Biden nears a decision on SEC crypto regulations, Bitcoin's cautious market response sees a minor drop to $68,400.
The post Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally? appeared first on Cryptonews
Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments
22.5.2024
Uniswap Labs filed a 40-page response on Tuesday to the SEC’s Wells Notice, arguing against a potential lawsuit and urging the agency to drop the matter.
The post Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments appeared first on Cryptonews
SEC Files Opposition To Ripple’s Latest Motion
21.5.2024
A response to Ripple's move to redact and seal the company's business facts was filed by the US Securities and Exchange Commission (SEC) on May 21 in the parties' remedy briefings.
The post SEC Files Opposition To Ripple’s Latest Motion appeared first on Cryptonews
Former Treasury Official Graham Steele Gets Pushback On FIT21 Take After DIFA Petition Criticism
21.5.2024
Former U.S. Treasury Graham Steele is receiving backlash after he took to X Monday morning to scrutinize a petition created by Digital Innovation For America (DIFA) for the Financial Innovation and Technology for the 21st Century Act (FIT21). The bill is set for a full House vote taking place...
Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response
21.5.2024
Uniswap Labs moved Tuesday to quash a looming regulatory battle over Ethereum's dominant decentralized crypto exchange, imploring the Securities and Exchange Commission in legal filings that its planned lawsuit wasn't worth the fight
Kaamel Technology to lead investigation into XLink's $10M breach
20.5.2024
XLink partners with Kaamel Technology to investigate the initial cause of the breach while accelerating previously communicated security upgrades
Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report
20.5.2024
Digital asset investment products experienced substantial inflows totaling $932 million for the second week.
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Community Launches Decentralized Memecoin To Take Anti-SEC Stance
16.5.2024
In response to the increasing regulatory scrutiny by the SEC on crypto, a small group of community members has launched a decentralized memecoin called NotWifGary (NWG).
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KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance
15.5.2024
Kucoin has made the decision to suspend all naira-based P2P trading in response to increased scrutiny from Nigeria's regulatory authorities.
The post KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance appeared first on Cryptonews
Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit
13.5.2024
Nicolas Bonta, Bitfarms co-founder and chair, will take over as interim president and CEO after Geoffrey Morphy filed a lawsuit for $27 million in damages against the mining firm
Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers
10.5.2024
In response to fraud and money laundering risks in the virtual asset landscape, Taiwan’s Ministry of Justice has proposed several amendments to the city’s existing AML laws, suggesting hefty fines and prison terms for non-compliant service providers.
The post Taiwan Proposes AML Amendments, Seeks...
SEC Argues for Injunctions in Final Response of Ripple XRP Case
8.5.2024
The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense.
The post SEC Argues for Injunctions in Final Response...
SEC files final response in Ripple XRP case
8.5.2024
The SEC argues that Ripple’s assertions do not negate the need for injunctions to prevent future violations
Bitfinex database breach 'seems fake,' says CTO
5.5.2024
Bitfinex CTO Paolo Ardoino explained that if the hacking group was telling the truth, they would have asked for a ransom, but he "couldn't find any request."
UK gov't calls for action on AI copyright, market competition
3.5.2024
The U.K. government is under pressure to increase AI oversight following a House of Lords report highlighting the need for stricter regulations for AI standards
SOLWealth to introduce Solana Spot ETF in response to surging demand
30.4.2024
A fresh wave of excitement could be hitting the world of cryptocurrencies with what may be the first-ever Solana spot exchange-traded fund (ETF) in North America. SOLWealth, a Canadian federal corporation that wants to take advantage of investor confidence in digital assets since Bitcoin ETFs were...
Austria’s NOYB Files Privacy Complaint Against OpenAI’s ChatGPT
29.4.2024
According to the Austrian privacy advocacy group, the complainant's requests for the OpenAI chatbot to remove or amend the inaccurate response were turned down. Further infringing on the complainant's right to privacy, ChatGPT informed the subject that data modification was not feasible on the...
Io.net CEO Details Recent Sybil Attack and New Security Measures
29.4.2024
Io.net CEO Ahmad Shadid provides a detailed postmortem of the recent Sybil attack and outlines the company's response to enhance network security, addressing vulnerabilities exposed by GPU spoofing.
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Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
25.4.2024
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates its expenses will soar to between $96 billion...
Turbulent times ahead as Ripple files response to penalty of $2 billion
22.4.2024
The continuing legal encounter between Ripple Labs and the American SEC is climaxing this week. Ripple is planning to file an opposition brief, and its sealed response will be submitted by 22/April/2024. Ripple Lab’s submission of a sealed response will be followed by a version that will...