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Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach


The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that...

SHIB gains overwhelming attention due to hike in token burn rate


Shiba Inu (SHIB) meme coin receives much attention owing to its overwhelming jump in its token burn rate to 3,900%. This is according to Shibburn, a platform meant for monitoring the burning of SHIB tokens. The pricing of SHIB, too, has seen a rise.  The increase in Shiba Inu’s burn rate...

Speculations are rife regarding Bitcoin breaking the $74K mark


With Bitcoin prices hovering around $74,000 this month and with increased demand, rumors are circulating that it will shatter its own record in the upcoming days. According to certain analysts with QC Capital, there is a strong demand for bitcoin call option purchases in the current month, pointing...

Unstoppable Domains and Blockchain.com Partner for DNS-Enabled Web3 Domain


Unstoppable Domains and Blockchain.com have announced a collaboration to create a DNS-enabled Web3 domain. The initiative aims to integrate Web3 domains into the traditional web ecosystem through an application with the Internet Corporation for Assigned Names and Numbers (ICANN). Unstoppable...

Binance battles to slash $13 Billion UK lawsuit in high-stakes legal showdown


Binance, one of the world’s largest cryptocurrency exchanges, is taking decisive steps to significantly reduce the scale of a $13 billion lawsuit filed against it in the United Kingdom. The lawsuit, which has garnered significant attention in the financial and crypto communities, alleges that...

Gensler asserts: Disclosures alone fail to shield crypto exchanges


SEC Chair Gary Gensler has issued a stark warning to the cryptocurrency industry, asserting that disclosures alone are not enough to ensure the safety and integrity of crypto exchanges. Gensler’s remarks highlight the growing concerns among regulators about the adequacy of current oversight...

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