Ripple Labs won a lengthy battle with the Securities and Exchange Commission (SEC) on Sept. 29 after U.S. District Judge Analisa Torres ruled that the SEC must release documents written by former official William Hinman as evidence . Ripple (XRP) jumped 10% on the news. “Ether is not a security,” Hinman said in a June …
Ripple wins a round of SEC lawsuits! XRP surges 10% on news Read More »
Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC), said on Wednesday that a regulatory model dominated by the CFTC could have a major impact on the cryptocurrency space, including driving up the price of bitcoin. Rostin Behnam told attendees in a fireside chat at NYU Law School: If we can be properly …
US CFTC chairman: Bitcoin may double if the cryptocurrency market is ‘under our control’ Read More »
Since being kicked out of the SWIFT payment system by Western countries, Russia has been trying to find another way out. A senior lawmaker recently said that Russia is expected to launch a “digital ruble” early next year, and intends to use “digital rubles” with China to settle mutual settlements. Attempts to undermine US global …
Terra founder Do Kwon is currently wanted by the South Korean authorities. Although his whereabouts are unknown, he still tweeted that he did not deliberately avoid being pursued, and that he has gone out for walks and shopping malls “in the past few weeks”. Even though he is “upright”, he does not reveal which country …
Wanted and stubborn? Do Kwon: I didn’t hide, I went out for a walk! Read More »
According to Glassnode data, Bitcoin is currently in a historic “bear-to-bull” phase, a transition from a bear market to a bull market. A recent report from Glassnode shows that the correlation between Bitcoin’s price and “supply in profit” (which represents the absolute amount of Bitcoin currently in profit in a given network) often drops below …
Glassnode: Bitcoin is in the transition period of ‘bear-to-bull’ Read More »
After several months of delay, the hard fork upgrade of the public chain project Cardano (ADA) “Vasil” was finally officially launched today (23rd). The team says the upgrade will “dramatically improve Cardano’s performance and functionality.” Cardano blockchain developer Input Output Hong Kong (IOHK) announced on Twitter earlier that it has successfully completed the long-awaited Vasil …
FTX, the cryptocurrency group owned by crypto billionaire Sam Bankman-Fried (SBF), is rumored to be looking to raise up to $1 billion, which would keep the company’s valuation at around $32 billion. “CNBC” quoted people familiar with the matter as saying that FTX is in talks with investors to raise up to $1 billion in …
Not afraid of the cryptocurrency winter, the world’s second largest stock exchange Nasdaq (NASDAQ) is stepping up its pace to expand the territory of the cryptocurrency business. The official statement pointed out that Nasdaq is preparing to launch cryptocurrency custody services, aiming to meet institutional Investor needs. Tal Cohen, executive vice president of Nasdaq and …
The cryptocurrency market has been falling continuously this year. However, MicroStrategy, known as the “Big Brother Stud” in the currency circle, not only did not sell, but instead bought more bitcoins. MicroStrategy’s former CEO and chairman of the board of directors Michael Saylor said earlier today (20) that MicroStrategy purchased 301 bitcoins with about $6 …
Singapore police confirmed on Saturday that Terra founder Do Kwon, who is currently wanted by South Korean police, is no longer in Singapore. Just as people from all walks of life suspected that he was “fleeing in fear of crime” due to his guilty conscience, Do Kwon broke his silence for several days and issued …
