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LBRY Gears Up to Contest US Securities Law Violation Ruling


In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented...

China’s Social Media Giant Weibo Purges Crypto Content, Bans Users


The Chinese social media titan Weibo has deleted 80 popular crypto-related accounts and removed “17,000 illegal profit-making-related posts” from its platform. The firm’s operator Sina says Weibo has some 258 million daily active users. It thrives in a nation where popular international social...

Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?


This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of...

Musk Funded Dogecoin, Mulled Blockchain Social Media, Biography Details


A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a failed attempt by former crypto mogul...

DC Circuit Court of Appeals Chastises SEC for Grayscale Denial


On Tuesday, August 29, 2023, The U.S. Court of Appeals, District of Columbia Circuit (Court) unanimously granted Grayscale’s petition for review of the Securities Exchange Commission’s (SEC) denial of Grayscale’s Bitcoin Exchange Traded Product (Grayscale ETP) and vacated the SEC denial order....

Elon Musk's X Social Media Platform Acquires Crypto Payments License


The social media platform X, formerly known as Twitter, has acquired a regulatory license that enables it to process cryptocurrency payments in the US. The specific license is the Rhode Island Currency Transmitter License, issued to X on August 28, according to publicly available data from...

Social Media Powerhouse X Paves the Way for Digital Transactions


Social media giant X, still reffered to many as Twitter, has obtained the regulatory green light to introduce cryptocurrency payments for its users. X's intent to integrate crypto solutions into its platform are well known, and the company is well-equipped to advance its goals thanks to an eToro...

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