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Search Results for: sec

Final Judgment on LBRY vs SEC Case Raises Several Questions

The United States District Court for the District of New Hampshire has released its final judgement in the case of SEC v. LBRY. The court rules that LBRY, Inc. violated Section 5 of the Securities Act of 1933 and penalizes the company accordingly. In light of the continuing legal struggle

July 12, 2023 2 mins read

Tron-based stUSDT Secures 1st Spot on DefiLlama’s RWA TVL Rankings

Through the decentralized platform JustLend, the TRON ecosystem recently welcomed its first Real World Asset (RWA) product: stUSDT. Justin Sun, creator of TRON and member of Huobi’s global advisory board, predicted that stUSDT will become the cryptocurrency equivalent of Alipay’s Yu’e Bao, a money market fund service provided by Alibaba.

July 12, 2023 2 mins read

Cboe Refilings Added More Pressure on SEC to Approve Bitcoin ETF

In the world of the crypto market, the Bitcoin Exchange Traded Fund (ETF) has caught the attention of the crypto community. Recently, the former chairman of the U.S. Securities and Exchange Commission (SEC) stated that the Bitcoin ETF should be approved. While these things are going around, Cboe, the global

July 12, 2023 2 mins read

XRP Set to Soar as CertiK’s Comprehensive Security Audit Validates Bullish Outlook

Ripple (XRP) is experiencing a surge in bullish sentiment as recent positive developments fuel optimism among investors. A comprehensive security audit of an Automated Market Maker (AMM) on the XRP Ledger, conducted by CertiK, has reinforced confidence in Ripple’s security measures, attracting more participants to the ecosystem. The audit’s successful

July 12, 2023 1 min read

Gamercraft Secures $5 Million in Funding to Expand AI-Powered Competitive Gaming Ecosystem

Co-founders of Alienware lead funding round to support Gamercraft’s mission of empowering amateur gamers and enhancing the online competitive gaming experience MIAMI–(BUSINESS WIRE)–Gamercraft, the AI-driven, skill-based competitive gaming platform, has successfully raised $5 million in funding for the first part of its seed round. The funding was led by the

July 12, 2023 3 mins read

Former SEC Chair Made an Interesting Statement on Bitcoin ETF Filings

Jay Clayton, former Chairman of the U.S. Securities and Exchange Commission, shared his thoughts on the major traditional financial institutions’ Bitcoin ETF requests. He stated that the spot Bitcoin ETF should be approved. Moreover, he mentioned the crypto market’s significant growth and benefits from the Bitcoin ETF.  JUST IN –

July 11, 2023 2 mins read

Ault Alliance Announces the Completion of the Initial Distribution of TOG Securities

Ault Alliance Distributed Approximately 58.6 Million Shares of Common Stock and Warrants to Purchase Approximately 58.6 Million Shares of Common Stock of Imperalis Holding Corp. on July 10, 2023 LAS VEGAS–(BUSINESS WIRE)–$AGREE #2nd_distribution_tranche_pending—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), hereby announces that

July 11, 2023 5 mins read

Hedera’s Recommendations to SEC on Proposed Amendments to Exchange Act Rule

Hedera, a leading decentralized public network, recently submitted its recommendations and feedback to the U.S. Securities and Exchange Commission (SEC) regarding the proposed amendments to Exchange Act Rule 3b-16. These amendments aim to redefine the term “exchange” and carry potential unintended consequences for the emerging Web3 and distributed ledger technology

July 10, 2023 2 mins read

Swaap v2 Launches: Revolutionizing DeFi Market Making with Secure, Autopilot Strategies

Paris, France, July 10th, 2023, Chainwire Leveraging its successful $4.5m fundraising, Swaap launches its v2 protocol, bringing easy-to-use and powerful market-making strategies to the global DeFi community. Swaap v2 is unique in addressing key challenges such as impermanent loss which have plagued Liquidity Providers. Swaap, the cutting-edge market-making protocol for

July 10, 2023 3 mins read