A US judge has rejected reality TV star Kim Kardashian’s plea to dismiss the crypto-related litigation now pending against her. There are allegations that Kim defrauded investors. By promoting EthereumMax on her social media platforms without disclosing that she was compensated for doing so. Kim Kardashian’s attorneys asked the judge
As soon as the major cryptocurrency exchange, Binance got sued by SEC on Monday, the U.S. District Court sent a summons to the current CEO of Binance, Changpeng Zhao. This has created a disruption in the crypto market that leads to the global crypto market capitalization falling at a 1.63%
According to Semafor, FTX is considering selling its interest in OpenAI competitor Anthropic. According to reports from November 2022, the cryptocurrency exchange now owns over $500 million worth of shares in Anthropic. Semafor reports that the bank that might be selling the shares is Perella Weinberg, and that the bank
Ripple CEO Brad Garlinghouse recently shared his perspective on the recent remarks made by SEC Chairman Gary Gensler regarding digital currencies via Twitter. In his statement, Garlinghouse suggested that he perceives certain limitations to the SEC’s authority and interpreted Gensler’s actions as indicative of weakness. Prominent Ripple lawyer reacts to
Shiba Inu has garnered significant attention and gained a strong following, resulting in the emergence of the SHIB army community. This surge in popularity can be attributed to various factors that have contributed to its position as the second-largest meme coin. As time has passed, Shiba Inu has established numerous partnerships,
Cryptocurrency mega-exchange Coinbase is currently facing a challenging period as it grapples with a lawsuit from the Securities and Exchange Commission and a surge in user withdrawals. The SEC has accused Coinbase of intentionally violating securities laws by listing unregistered securities and offering a staking program. This legal action follows
Like any other industry with many moving components, volatility is always present in the cryptocurrency sector. Today, we explore two notable projects – Shiba Inu and Tradecurve – and the shifting sentiments surrounding their price performance. While Shiba Inu has experienced a period of stagnation, analysts are increasingly bullish on
The U.S. Securities and Exchange Commission (SEC) has been called for by the Third Circuit Court of Appeals to provide more explanation of its stance on a rulemaking petition submitted by Coinbase (COIN), a cryptocurrency exchange. Coinbase argued that the current regulations are not appropriate for digital assets, therefore in
On June 6, when Coinbase Global Inc. shares plunged to over five-month lows owing to the Securities and Exchange Commission’s crackdown on the crypto sector, Cathie Wood’s Ark Invest increased its investment in the company. On June 7, the three funds controlled by Cathie Wood had acquired about 400,000 shares
BNB Coin (BNB), the native cryptocurrency of Binance, reflects the harsh impact of SEC’s crypto crackdown in its soaring selling pressure. The SEC vs Binance lawsuit succeeded in inducing BNB to plummet by 9.15% — from $306 to $278 — over the past 3 days. In the lawsuit, the US
