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Texas Regulator Orders Arkbit Crypto Mining To Shut Down


A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud. The post...

Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M


The US District Court for the District of Utah on Tuesday threw out the SEC's case against DEBT Box and imposed fines exceeding $1.8m on the regulatory body for its bad faith actions. The post Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M appeared first on Cryptonews

Pepe Holders Ditch for This Hot New Solana ICO, Chasing 1000% Gains


An explosive ETF-fuelled rally by popular meme coin Pepe ($PEPE) appears to be rapidly losing momentum. Pepe blew up 46% over the last seven days in a rally partly driven by news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Pepe’s native...

Ripple in limbo: ETF dreams clouded by SEC lawsuit


Ripple is surrounded by two crucial factors – a legal battle with the US SEC and hopes for ETF approval. Both are linked to each other, except ETFs could take more inspiration if the dispute with the Commission settles at the earliest. Ripple anticipates increased interest in its product...

JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs


Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether...

Impact of SEC vs Ripple case on XRP ETF


The price of XRP decreased by 2.53% on May 26, 2024, and the session concluded at $0.5282. It is to be recalled that XRP joined the wider crypto market despite policy uncertainties and concerns about the SEC vs Ripple case. The SEC vs Ripple Case has once again brought exchange-traded fund news...

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