In response to Celsius Network’s Bitcoin (BTC) fraud accusation, stablecoin issuer Tether has declined to assume responsibility. The chief executive officer of the company, Paolo Ardoino, provided a clear account of what happened between them. Celsius Network has sued the USDT issuer and its related organizations, claiming that they were
A court filing states that Ripple was fined $125 million as a result of its ongoing action with the U.S Securities and Exchange Commission (SEC). At the time of writing, XRP is trading at $0.6024, up 18.15% in the last 24 hours as per data from CMC. According to the
About NAVI Protocol NAVI is the pioneering Native One-Stop Liquidity Protocol on Sui, offering users the opportunity to participate as liquidity providers or borrowers within the Sui ecosystem. Since its launch in August 2023, NAVI has achieved significant milestones, including: •$200M+ Total Value Locked (TVL) •900,000+ Users •$5B in Borrow
Grand Cayman, Cayman Islands, 6th August 2024, Chainwire
The legal battle of the U.S. Securities and Exchange Commission (SEC) with other firms and personalities are resurfacing to the mainstream. Two renowned artists have filed a legal suit against the SEC due to the uncertain classification of non-fungible tokens (NFTs) as securities. On July 29, songwriter Jonathan Mann, popularly
BlockDAG (BDAG) is commanding the spotlight with a phenomenal 1400% increase in its presale value, targeting a $20 valuation by 2027. This surge is fueled by its sophisticated technology and pioneering strategies. Its hybrid consensus model, which surpasses traditional Proof-of-Work systems, boosts security, increases efficiency, and speeds up transactions. On
SUI is rebounding impressively, with a 30% increase from its quarterly low, catching eyes with an optimistic forecast. Shiba Inu also intrigues, with SHIB price movements signaling great potential. However, BlockDAG steals the show. BlockDAG, joining forces with UFC champion Alex Pereira, has quickly become today’s top-performing crypto. With its
Last week, an agreement was filed in court by the two parties involved in the KeyFi and the founder Jason Stone’s link to the insolvent crypto lender Celsius. This settlement follows a series of lawsuits and countersuits. As part of the settlement deal, Celsius will get a plethora of assets
About NAVI Protocol NAVI is the pioneering Native One-Stop Liquidity Protocol on Sui, offering users the opportunity to participate as liquidity providers or borrowers within the Sui ecosystem. Since its launch in August 2023, NAVI has achieved significant milestones, including: •$200M+ Total Value Locked (TVL) •900,000+ Users •$5B in Borrow
Grand Cayman, Cayman Islands, 11th July 2024, Chainwire
