SEC will ask for $2B in fines and penalties — Ripple chief legal officer

Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty cited a judge imposing sanctions on the SEC in a lawsuit against Debt Box, claiming the regulator exceeded its authority.

SEC will ask for $2B in fines and penalties — Ripple chief legal officer

Ripple Labs chief legal officer Stuart Alderoty said the United States Securities and Exchange Commission (SEC) asked a federal judge for a $2-billion penalty against the blockchain firm. ...

4 months ago

Scammers eye Toncoin as Telegram-TON partnership grabs headlines

Telegram’s integration of the TON blockchain and its native Toncoin token has become a honeypot for scammers promoting a referral pyramid scheme.

Scammers eye Toncoin as Telegram-TON partnership grabs headlines

Telegram's public support for The Open Network (TON) blockchain and its intention to incorporate its native Toncoin token have led to scammers targeting unsuspecting tokenholders to exploit ...

4 months ago

Nvidia, defense sector stocks outperform Bitcoin in post-COVID era, data reveals

New research reveals Nvidia’s 180% surge in stock price, with BAE Systems and Meta closely trailing, while Bitcoin registers a conservative 8.26% increase in the post-COVID period.

Nvidia, defense sector stocks outperform Bitcoin in post-COVID era, data reveals

A recent study conducted by Banking Methods has shed light on the dynamics of both stocks and cryptocurrencies, with a keen focus on Bitcoin‘s performance. Accordi...

4 months ago

Hong Kong officials recommend city’s crypto industry self-regulate

Hong Kong regulators wrote, “Many economically developed regions in the world have established statutory semi-official industry self-regulatory institutions to focus on industry development.”

Hong Kong officials recommend city’s crypto industry self-regulate

The Hong Kong Securities & Futures Professionals Association (HKSFPA) has recommended the city's crypto firms set up a self-regulatory committee and monitor one another for compliance.&n...

4 months ago

Crypto investment products see outflows for second consecutive week — CoinShares

Bitcoin funds led outflows among crypto investments over the past week, with $192 million exiting the market ahead of the halving event.

Crypto investment products see outflows for second consecutive week — CoinShares

Investments in digital asset funds have declined for the second consecutive week, with $206 million in withdrawals between April 15-19, according to data from digital asset investment firm CoinS...

4 months ago

Memecoin developers rugpulled over $26m in pre-sales on Solana amid March’s craze

A recent estimate reveals that more than a dozen memecoin pre-sales on Solana have been abandoned soon after raising funds.

Memecoin developers rugpulled over $26m in pre-sales on Solana amid March’s craze

More than a dozen of the memecoin pre-sales on Solana, which collectively generated over $26 million over the past month, have been abandoned, suggesting a potentially larger scal...

4 months ago

10 days until halving: Bitcoin mining profitability won’t necessarily fall

The increasing Bitcoin network fees could complement miner revenue post-halving thanks to the emergence of Ordinals inscriptions and BTCFi, according to Acheron Trading’s CEO.

10 days until halving: Bitcoin mining profitability won’t necessarily fall

Bitcoin mining profitability won’t necessarily fall after the upcoming Bitcoin halving, despite a 50% Bitcoin supply issuance reduction, Laurent Benayoun, the CEO of Acheron Trading, ...

4 months ago

RFK Jr. wants to put the entire US budget on a blockchain

Robert F. Kennedy Jr. is a big time Bitcoin and decentralized tech advocate who has promised to back the U.S. dollar with BTC if elected as president.

RFK Jr. wants to put the entire US budget on a blockchain

American presidential candidate Robert Francis Kennedy Jr., aka RFK Jr., wants to put the entire United States budget on a blockchain.  During a Michigan rally on April 21, he pro...

4 months ago

Binance launches ‘Megadrop’ early access program for Web3 rewards

The new platform combines airdrops and quests into a loyalty program.

Binance launches ‘Megadrop’ early access program for Web3 rewards

Cryptocurrency exchange Binance recently launched an early access incentive and rewards program for web3 users featuring airdrops and quests.  Dubbed “Megadrop,” the n...

5 months ago

OKX, Binance and Bybit monthly volumes tripled since late 2023

According to Bybit data, the growth trend of CEXs has failed to overtake the growth rate of decentralized exchanges (DEX), as major DEX Uniswap v3 increased volumes by 320%.

OKX, Binance and Bybit monthly volumes tripled since late 2023

A new report says trading volumes on global centralized cryptocurrency exchanges (CEX) like Binance have spiked significantly since late last year. According to data from the Bybit Ins...

5 months ago

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