For the time being, Insolvent crypto lender BlockFi will be able to put off paying a $30 million penalty to the U.S. Securities and Exchange Commission. A $50 million settlement with the regulator was reached in February of 2022, and this is the remaining balance. Court documents filed on June
June 24, 2023 1 min read
In an effort to acquire blockchain expertise for the agency, Germany’s Federal Intelligence Service has launched around one thousand Non-fungible tokens (NFTs) on Ethereum. The Bundesnachrichtendienst (BND), Germany’s foreign intelligence service, has established a dog-themed non-fungible token (NFT) collection with an on-chain hunt for treasure to attract qualified cyber specialists.
June 22, 2023 2 mins read
Radius, a cutting-edge blockchain firm that pioneered the trustless shared sequencing layer, has announced that it has secured $1.7 million in pre-seed funding. Hashed took the lead in the fundraising round, while Superscrypt, Lambdaclass (Ergodic Fund), and Crypto.com also took part. Due to its scalability, rollups are a growing number
June 22, 2023 2 mins read
On Tuesday, it was announced that the Third Circuit Court of Appeals will continue to hear the case brought by Coinbase and others to clarify Securities and Exchange Commission (SEC) restrictions on digital currencies. The petition for a Writ of Mandamus was noted in the ruling, and the commission was
June 21, 2023 2 mins read
Increased trading volume for the Grayscale Bitcoin Trust (GBTC) has been seen since the biggest asset manager in the world, BlackRock, submitted an application for a Bitcoin exchange-traded fund (ETF) last week to the U.S. SEC. Grayscale Bitcoin Trust (NASDAQ: GBTC) rose by an astounding 11.40% on Tuesday, June 20,
June 21, 2023 2 mins read
Etherscan, a well-known Ethereum block explorer, has added ChatGPT to its arsenal of Ethereum blockchain analysis tools. Code Reader, Etherscan’s beta app that incorporates the ChatGPT API into its analytics platform, was released on Monday. Etherscan stated: “The Code Reader is a tool that leverages the power of AI to
June 20, 2023 2 mins read
The House of Lords, the upper house of Parliament in the United Kingdom, has given its approval to a measure that will regulate stablecoins and cryptocurrencies and provide oversight for the marketing of cryptocurrencies. After passing the House of Commons, the Financial Services and Markets Bill (FSMB) will go through
June 20, 2023 2 mins read
Binance CEO CZ announced the introduction of Spot DCA (Dollar-Cost Averaging) on the Binance Spot platform amidst continuing regulatory issues including a recent lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The biggest cryptocurrency exchange aims to protect its customers’ assets and lessen the effects of market fluctuations.
June 19, 2023 2 mins read
Baby Doge Coin (BABYDOGE), a competitor to Shiba Inu, has launched its own DEX platform called BabyDogeSwap. As a result of BabyDogeSwap’s release, the memecoin community now has access to previously inaccessible services. The protocol introduced an aggregator where tokens could be traded between users. https://t.co/UAopqn3msj is live! -Users can
June 19, 2023 2 mins read
The million-dollar class action lawsuit filed against Elon Musk for insider trading of cryptocurrency Dogecoin took a new turn today. Elon Musk’s lawyer Alex Spiro revealed that Mr. Musk does not own any Dogecoin wallets that were part of price manipulation. Earlier, a class action lawsuit was filed against the
June 18, 2023 2 mins read
