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Search Results for: SUI

Sui Blockchain Enables Offline Crypto Transactions

One of the biggest concerns with cryptocurrency is what happens if the internet goes down. Typically, users would be unable to access their wallets or make transactions, which is an issue in regions where power shortages are common. However, the Sui blockchain is addressing this issue with a concept called

September 4, 2024 2 mins read

Elon Musk and Tesla Celebrate Dogecoin Manipulation Lawsuit Dismissal

The cryptocurrency sector confronts several legal complications on a daily basis. While regulatory bodies often stand central to such occurrences, there are instances when individual traders raise issues. One such lawsuit was the 2022 Dogecoin Manipulation case filed against tech billionaire Elon Musk and his company Tesla.  According to market

August 30, 2024 2 mins read

U.S Court Rejects Kraken’s Request to Dismiss SEC Lawsuit

Kraken, a prominent cryptocurrency exchange, is under increasing legal pressure after a US court rejected its request to dismiss the SEC lawsuit. The most recent court filing states that US District Judge William H. Orrick rejected Kraken’s request and directed the exchange to respond to the “complaint” within twenty days.

August 24, 2024 2 mins read

Nvidia Lawsuit Ignites New Risks for the Crypto Industry

The U.S. Supreme Court is set to hear a legal dispute between chipmaker Nvidia and a class of its investors. This is a case that could have significant implications for the cryptocurrency industry. The Digital Chamber (TDC), warns that allowing this lawsuit could open the door to “frivolous securities lawsuits”

August 22, 2024 2 mins read

Can Binance Survive Another Lawsuit?

Binance and its former CEO, Changpeng Zhao (CZ), are facing a new class action lawsuit filed by three crypto investors. The lawsuit alleges that the exchange failed to prevent money laundering, which, in turn, led to the plaintiffs’ inability to recover their stolen assets. The plaintiffs filed this complaint in

August 21, 2024 2 mins read

US Court Partly Revives Lawsuit Against Binance US Over HEX Token

A class-action lawsuit against Binance US, has been revived by an appeals court in the US. The lawsuit, which had been partly reinstated after being dismissed earlier, claims that the price of the HEX token was manipulated. A class action lawsuit against Binance US was largely reversed by the United

August 13, 2024 2 mins read

What Drives SUI’s 120% Surge Amid the Market Downturn?

While the cryptocurrency market is experiencing a downturn, Sui (SUI) stands out with a significant performance. In the last 24 hours, SUI has soared over 20%, and its weekly gain has reached 120%. This surge comes at a time when the broader market trends are not as favorable, highlighting SUI’s

August 12, 2024 2 mins read