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Search Results for: sec

Trust Wallet’s Security Scanner Foils $10.4M Scam Attempts, Protecting Users

Recent news revolving around the Trust Wallet reveals the crypto wallet’s robust security scanner has successfully prevented users from falling victim to scams, protecting funds worth $10.4 million in the past 30 days. This commendable feat not only ensures the financial safety of users but also eliminates the distress that

September 12, 2023 2 mins read

Ripple’s Chief Legal Officer Slams SEC Over Latest Filing

The Securities and Exchange Commission (SEC) has filed yet another interlocutory appeal in its relentless pursuit of a legal case against Ripple Labs. This latest move by the SEC has not gone unnoticed, Ripple’s Chief Legal Officer, Stuart Alderoty, was quick to label it as “hypocritical.” Another SEC filing, another

September 9, 2023 2 mins read

U.S. SEC Issues 20-Page Reply in XRP Lawsuit Appeal

As part of its move to certify its interlocutory appeal in the XRP lawsuit, the U.S SEC issued a 20-page reply memorandum of law yesterday. The SEC is seeking to preserve face by appealing the inquiries asked in the lawsuit, on the grounds that it has an institutional interest in

September 9, 2023 1 min read

LBRY Files Appeal Against Ruling in SEC Lawsuit

Following its notice of appeal to the United States SEC, blockchain-based file-sharing and payment network LBRY received support from the XRP community. The abrupt announcement from LBRY that it will appeal the final ruling in favor of the U.S. SEC sparked widespread interest in the cryptocurrency space. On September 7th,

September 8, 2023 2 mins read

Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement Platform for Telecom Carriers 

Zeebu, the innovative blockchain-based settlement platform for the telecom carrier industry, has successfully raised $25 million in a presale funding round, surpassing its hard cap target of $15 million. The round saw participation from several strategic investors, including Bankai Ventures.  The market’s enthusiasm for Zeebu’s groundbreaking on-chain invoice settlement platform

September 7, 2023 2 mins read

D3 Secures $5 Million Funding for Web3 TLDs and DNS Interoperability

Next-generation domain name company D3 Global is excited to announce the completion of its $5 million seed funding round, which was led by Shima Capital and included participation from Lightshift, Dispersion Capital, VentureSouq, Infinite Capital, MZ Web3 Fund, Kestrel0x1, Nonagon, C² Ventures, Arthur Hayes’ Maelstrom, and Identity Digital founder Paul

September 6, 2023 2 mins read

Ripple Files Opposition Against SEC’s Appeal in XRP Lawsuit

Ripple Labs Inc. and its senior executives have strongly fought the SEC’s attempts to validate an interlocutory appeal. This case may play a significant role in determining the legal framework for cryptocurrencies in the United States, particularly whether or not XRP, Ripple’s native token, is an investment contract. The United

September 2, 2023 1 min read

Analysts Raise Odds of Bitcoin Spot ETF Approval by U.S. SEC

After Grayscale’s recent success over the SEC, Bloomberg analysts have increased the likelihood of a permitted spot Bitcoin ETF by the end of this year. Due to the unanimous and decisive manner in which the U.S Court of Appeals Circuit reached its verdict in the current case, Bloomberg senior ETF

September 1, 2023 1 min read

Binance Granted Permission for New Attorney in SEC Lawsuit

A new attorney for Binance.US has been granted by a federal court in the U.S. SEC case involving Binance, its U.S subsidiary and CEO Changpeng Zhao. On August 30, Andrew Rhys Davies, an attorney representing Binance.US, filed a notice of presence in the ongoing SEC litigation. Davies’s application to appear

August 31, 2023 1 min read

US Bitcoin Corp (USBTC) Secures Deal with Celsius to Host 8,500 Miners at the Alpha Site

MIAMI–(BUSINESS WIRE)–U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC” or “the Company”), a leading operator of large-scale data centers for new-age workloads such as digital asset mining, is thrilled to announce that it has secured a deal with Celsius Network LLC (“Celsius”) to host an initial 8,500 miners

August 31, 2023 7 mins read