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SEC Argues for Injunctions in Final Response of Ripple XRP Case


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...

AI Predicts China Will Ban High-Energy Blockchains


We asked three AI platforms to predict the future of high-energy consumption blockchains in China, and the unanimous answer points to a ban. The post AI Predicts China Will Ban High-Energy Blockchains appeared first on Cryptonews

Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep. 332


Backpack CEO Armani Ferrante talked about taking a long, winding path toward Solana and establishing Anchor, creating the Backpack super app, the future of the crypto economy, and why it will be ten times better. The post Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep....

A Spring Downfall: Solana Ecosystem and SOL Price Action in April 2024


In this report, we explore and analyze the Solana ecosystem downtime, SOL price action, and Solana meme coin action in April 2024, with a particular focus on the reasons for a staggering 56% SOL price drop. The post A Spring Downfall: Solana Ecosystem and SOL Price Action in April 2024 appeared...

Jefferies-Backed Tradu Launches Fee-Friendly Crypto Exchange


Tradu, a trading platform owned by Jefferies' Stratos Group, went live with a new crypto exchange aimed at active traders on Wednesday. The post Jefferies-Backed Tradu Launches Fee-Friendly Crypto Exchange appeared first on Cryptonews

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong


Three Asian-based ventures have joined forces to launch Hong Kong's first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday. The post Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong appeared first on Cryptonews

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision


Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs. The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews

FTX Creditors Set for Cash Windfall Beyond 100% of Claims


A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top of that amount. The post FTX Creditors Set for Cash Windfall Beyond 100% of Claims appeared first on Cryptonews

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