Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack of “faithful allegiance to the law,” and being “arbitrary and capricious.” Ripple’s Legal Chief […] Source: https://news.bitcoin.com/ripples-legal-chief-urges-sec-to-own-up-to-its-mistakes-after-years-of-misguided-war-on-crypto/
Month: April 2024
Binance to Cease Bitcoin NFT Support on Marketplace by Next Week
Binance, a prominent cryptocurrency exchange, has announced its decision to discontinue support for Bitcoin non-fungible tokens (NFTs) on its marketplace by April 18, as stated in an April 4 announcement. Effective April 18, users will no longer have the option to buy, deposit, bid on, or list NFTs on the Binance NFT Marketplace via the Bitcoin network, according to the…
How Long Until Grayscale’s ETF Runs Out of Bitcoin?
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports There are myriad reasons why Grayscale’s Bitcoin spot ETF fund is hemorrhaging cash as investors rush for the door—often to jump into a competing product. Is…
Google Takes Legal Action Against Crypto App Scammers
Google has initiated legal proceedings against a group of individuals accused of orchestrating a scheme to defraud over 100,000 people worldwide through counterfeit cryptocurrency apps distributed on its Google Play store. The lawsuit, filed in the Southern District of New York on April 4, reflects Google’s commitment to combatting crypto scams and establishing legal safeguards for user protection. The defendants,…
Saga Gaming Token Launch Set as Binance Users Stake $3.9 Billion for Rewards
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The arrival of the Saga mainnet appears imminent,and the SAGA token itself has a listing date. That’s thanks to massive crypto exchange Binance, which announced a…
Biden and Trump Meme Coins Skyrocket on Solana: Which One’s Winning This Race?
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Meme coins inspired by United States President Joe Biden and former President Donald Trump are surging on the Solana blockchain, according to blockchain data from DexScreener.…
Google Sues Chinese Nationals for Running Crypto Scam Using Google Play App Store
Tech giant Google has filed a lawsuit against two Chinese nationals, accusing them of developing fraudulent cryptocurrency apps on the Google Play store and defrauding more than 100,000 users globally. “This is a unique opportunity for us to use our resources to actually combat bad actors who were running an extensive crypto scheme to defraud […] Source: https://news.bitcoin.com/google-sues-chinese-nationals-for-running-crypto-scam-using-google-play-app-store/
Bitcoin Mining Ban Proposed in Paraguay Over Power Problems
The sizzling summer heat is just the tip of the melting iceberg when it comes to Paraguay’s crypto conundrum. As temperatures soar and air conditioners run at full throttle, the country’s power grid is on the ropes, struggling to keep the lights on amidst a surge in electricity demand. The hot weather isn’t the only thing that’s straining the system,…
Ethereum Can Still Avoid Being Labeled a Security, Says JP Morgan
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Whether Ethereum (ETH) is a security or commodity has been a hot topic for some time now. But banking giant JP Morgan’s analysts say that it…
Crypto Economy Rebounds With 2.13% Gain; Newcomers W, CORE, and ENA Face Downturns
The cryptocurrency market experienced a positive uptick on Thursday, reclaiming its position at $2.55 trillion, marking a 2.13% gain against the U.S. dollar. Despite a decrease in trading activity, with volumes at $90.78 billion over the past day, bitcoin rose by 2.3%, surpassing the $68,000 threshold, while ether saw a 0.9% rise throughout the day. […] Source: https://news.bitcoin.com/crypto-economy-rebounds-with-2-13-gain-newcomers-w-core-and-ena-face-downturns/