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Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...
Stripe tackles 'cold start problem' with the launch of fiat-to-crypto onramp
7.5.2023
Web3 companies can utilize the Stripe-hosted fiat-to-crypto onramp to allow their customers to buy crypto at the “precise moment they need it.”
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance
6.5.2023
A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had been taken without notice. Binance also said it could not comply with the injunction since...
Kazakhstan collected $7M in crypto mining taxes in 2022
6.5.2023
Crypto miners paid millions of dollars in energy fees last year following the regulation of the fiscal burden of mining activities
Twitter Founder Jack Dorsey's Crypto Firm Partners with Paxful's Ray Youssef for P2P Marketplace Venture
6.5.2023
Jack Dorsey's crypto firm TBD has partnered with Paxful co-founder Ray Youssef to launch a decentralized peer-to-peer (P2P) crypto trading platform.
The new venture, called Civilization Kit (Civ Kit), will be built on Nostr, a decentralized network protocol for distributed and free social...
How This Crypto Wallet Turned $50k to $500k In A Day With New Meme Coin $SPONGE
6.5.2023
One trader bought new meme coin $SPONGE on Uniswap and made a 10x return on investment within a little over 24 hours.
SpongeBob (SPONGE) was listed on May 4th, opening at $0.00002749 and reaching $0.0006533 shortly after, its current all-time high.
While he didn't capture the entire move,...
Voyager Digital Provides Update on Reimbursement Plan for Creditors
6.5.2023
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...
Cambrian Explosions, Smear Campaigns, Wrongdoing Denials and 20 Crypto Jokes
6.5.2023
Read More: Cambrian Explosions, Smear Campaigns, Wrongdoing Denials and 20 Crypto Jokes
Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more....
6.5.2023
Palm NFT Studio has also launched a new tool via Epic Games’ Unreal Engine that enables creators to make generative “game-ready” 3D assets and art collections
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
6.5.2023
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher...
Biggest Crypto Gainers Today 5 May – Flow, Internet Computer, Casper Network
5.5.2023
The United States Bureau of Labor Statistics recently disclosed favorable data on the nation's employment landscape today, setting stocks and the crypto markets up for a minor rally throughout the day.
The April figures revealed an addition of 185,000 jobs, accompanied by a 3.4% rise...
Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more
5.5.2023
This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace
Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal
5.5.2023
According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval...
RFK Jr. elaborates position on CBDC, crypto: ‘It isn’t just criminals who want privacy’
5.5.2023
The U.S. presidential candidate has added anti-CBDC to his anti-establishment, anti-vaccination repertoire and has gained double-digit support among Democrats
Sen. Warren Plans To Reintroduce Crypto Bill To Crack Down on National Security Risks
5.5.2023
Democratic Sen. Elizabeth Warren has plans to reintroduce a cryptocurrency bill to crack down on money laundering and terrorist financing.
The long-standing crypto critic said she planned to reintroduce that legislation during a Senate Armed Services Committee hearing on Thursday....
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Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles
5.5.2023
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday that 15 digital action figures will be available to collect in total...
Street Fighter 6 Comic Confirms Ken Is A Crypto Bro, Bad Father
5.5.2023
On Thursday, Capcom announced a four comic-book series leading up to the events of Street Fighter VI. Produced in partnership with Udon Comics, the series will catch eager players up on what their favorite fighters have been up to since Street Fighter V. The first of Street Fighter 6’s prequel...
UK financial watchdog announces inspections against sites with suspected illegal crypto ATMs
5.5.2023
The FCA's actions followed similar operations in East London and Leeds, where the regulator said it had issued warnings or cease-and-desist requests to suspected ATM operators
What's Next for Crypto Prices as US Regional Banks Take a Hit? – yPredict Tool Makes AI Price Predictions Easy
5.5.2023
The US banking sector is in the midst of a crisis, and the government's efforts have been insufficient, and some would even say damaging.
As regional banks face financial headwinds, the cryptocurrency market is on the lookout for ripple effects.
Amidst the crisis, yPredict's presale has received...
The Need for Clarity in Washington – Not Just on Crypto
5.5.2023
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such...