The bail of crypto entrepreneur Do Kwon and his colleague Han Chang-Joon was recently revoked by the Montenegro High Court, according to recent sources. The judgement was reached when the local prosecution team challenged the bail, claiming the accused were going to leave Montenegro for another nation. Prosecutor Haris Sabotic
Coinbase, the largest cryptocurrency exchange, has filed a writ of mandamus against the US Securities and Exchange Commission (SEC), ramping up its ongoing conflict with the SEC. The necessity for standardized regulations and norms for the cryptocurrency industry in the United States has been the source of contention for months,
Blockchain security company Certik has made an announcement regarding an upcoming Shiba Inu Discord Ask Me Anything (AMA) session. The AMA is scheduled to occur on Tuesday, May 23, at 1:00 p.m. UTC, 9:00 a.m. EST, and 6:00 a.m. PST. Shibarium and tokenomics are expected to be the subject During
First-ever SEC registered Special Purpose Broker-Dealer approved to custody digital asset securities NEW YORK–(BUSINESS WIRE)–Prometheum Ember Capital LLC (“Prometheum Capital”), a subsidiary of parent company, Prometheum Inc., announced today it has received a first-of-its-kind approval from the Financial Industry Regulatory Authority (“FINRA”) to operate as a special purpose broker-dealer (“SPBD”)
The biggest cryptocurrency exchange in the US, Coinbase, is planning a TV ad campaign to shift people’s minds about digital money. The majority of US politicians and regulators, where the campaign’s focus lies, are based in Washington, DC. Brian Armstrong, CEO of Coinbase, shared some data on the effectiveness of
Crypto lawyer Jesse Hynes has expressed the belief that the resolution of the Ripple-SEC lawsuit may be nearing. Hynes shares his perspective on the potential outcome of the lawsuit and makes a prediction that early XRP sales will be deemed to have violated securities laws, which may come as a
The Web3 Move-to-Earn (M2E) game STEPN has announced the addition of Apple Pay as a fiat onramp for in-app purchases, in an effort to increase accessibility and attract a wider audience. The Australian firm’s long-term goal is to make it unnecessary for Stepn users to leave the app and go
Local media in Brazil reported on May 19 that Binance’s Brazilian payment processor, Latam Gateway, has been awarded a license by the country’s central bank to function as a payment institution and electronic money issuer. In a recent statement, Binance said that Brazil is one of its most promising international
In the “never-ending SEC vs Ripple battle,” Ripple Labs has recently seen some positive winning streaks. On 16th May, Ripple bagged a significant win against the U.S. Securities and Exchange Commission to make Hinman speech-related documents public. However, both parties in the ongoing legal battle over the use of the
The last seven days remarked a quiet stability in the market capitalization of Lido (LDO), Uniswap (UNI), and Maker (MKR), these are all within the DeFi space. The governance proposals of these DeFi spaces are significant and certain details regarding them are explained in this article. Last Week’s Updates Concerning
