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Nalezeno "setback": 53

SEC Suffers Another Setback Against Ripple — What Next?

14.10.2023
On October 3, U.S. District Judge Analisa Torres denied the Securities and Exchange Commission’s (SEC) interlocutory appeal of her July 13 decision. Judge Torres’ decision marked another public defeat for the SEC, and if you haven’t read about the case, check out our earlier...

Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?

3.10.2023
The bear has claimed more victims: blockchain and smart-contract platform Chia Network announced today that it has fired nearly 30 of its staff, at the time the company is making moves to go public in the US. According to the post on the project's Twitter account, Chia has "eliminated...

Russia Survey: 90% Don’t Want to Be Paid in Digital Rubles – CBDC Setback?

21.9.2023
Most citizens in Western Russia say they do not want to get paid in digital rubles, dealing a further blow to the Central Bank’s CBDC plans. Per the media outlet Lipetsk News, the recruitment agency HH conducted a digital ruble-themed survey of job seekers in the key Lipetsk Oblast in Western...

SEC Denied Immediate Access to Binance US Infrastructure

19.9.2023
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...

SEC sees temporary setback in request to access Binance.US software

19.9.2023
A federal magistrate judge has denied the SEC's request to gain immediate access to Binance.US's software, asking the regulator to provide more specific requests for discovery

Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst

5.9.2023
At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks

PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize

27.8.2023
Approximately 16 trillion PEPE tokens worth $15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin’s anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token’s...

DEA Duped: How a Crafty Crypto Scammer Outwitted the Agency and Made Off With $55K

26.8.2023
In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to an unrelated scammer, falling prey to a notorious...

Bitcoin Price Prediction: BTC Investors in UK Face Setback as Paypal Suspends Crypto Purchases

17.8.2023
As Bitcoin price grapples with a decline, trading at $28,643 and witnessing a decrease of nearly 2% on Thursday, BTC investors in the UK face a new challenge. Paypal, a major facilitator of online transactions, has temporarily halted all cryptocurrency purchases in the UK, attributing the move...

Bitcoin ETF Hopefuls Face Setback as SEC Delays Ruling

14.8.2023
Bitcoin exchange-traded fund (ETF) hopefuls have faced a setback as the US Securities and Exchange Commission (SEC) decided to delay their ruling on Ark Invest’s spot Bitcoin ETF application. Next up now is the Bitwise Bitcoin ETP Trust's, which the SEC will need to decide on whether to approve...

Setback for Terra as member resigns, Borroe aims to surpass LUNC’s holder count

6.8.2023
The world of cryptocurrencies is no stranger to unexpected turns, and the recent events surrounding Terra Classic have sent shockwaves through the crypto community. Two prominent LUNC L1 Task Force members, LuncBurnArmy (LBA) and Fragwuerdig were faced with a distressing breach of their privacy...

Binance Introduces FDUSD Listing Amid Stablecoin Market Decline, Faces Initial ‘Technical’ Setback

26.7.2023
As the stablecoin market economy witnessed a loss exceeding $3 billion within a 40-day span, several fresh stablecoin endeavors are emerging. Binance, the globe’s leading exchange by trade volume, unveiled three new trading pairs attached to a stablecoin labeled first digital usd (FDUSD)...

SEC's appeal won't be a setback for XRP holders – Pro XRP lawyer

23.7.2023
Attorney Deaton elaborated on the possible scenarios and intricacies of how the summary judgment would be enforced

Major Setback: Smart Contract Exploit Results in Over 200 Ethscriptions Being Nabbed

17.7.2023
According to its creator, a new protocol allowing the creation and sharing of digital objects on Ethereum has experienced a significant setback due to a major hack in its main marketplace. Ethscriptions, a novel method to create Ethereum assets launched last month by Tom Lehman, co-founder...

Weekly NFT Sales Fall 4.33%, Bitcoin Burials NFT Fetches $1.68 Million

16.7.2023
In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the top five blockchains known for NFT sales have witnessed...

Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network

13.5.2023
On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that...

South Africa Added to FATF ‘Grey List’ Despite Designation of Crypto as a Financial Product

26.2.2023
In a move seen as a major setback for South Africa, the international financial watchdog, the Financial Action Task Force, announced on Feb. 24 that it had added the country to its “grey list.” Getting grey-listed by the financial watchdog potentially makes it difficult for South Africa...