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Search Results for: sec

Soluna Secures Navitas Global as Investment Partner at Project Dorothy 1B

$14 Million Prop-mining Partnership Completes Flagship ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a $14 million investment partnership with Navitas Global (“Navitas”) for

May 15, 2023 4 mins read

Tron Records $90.04M Revenue in Q1 2023 Despite SEC Crackdown

Messari, a market intelligence organization, has released research indicating that the use of the Tron blockchain increased in Q1 of 2023. The total value of its native cryptocurrency, TRX, increased by over 20% quarter over quarter. In spite of the SEC’s announcement of many lawsuits targeting Tron ecosystem coins, the

May 15, 2023 1 min read

U.S SEC Urges Court To Reduce LBRY’s Penalty from $22M to $111k

The Securities and Exchange Commission (SEC) recently made headlines when it urged a New Hampshire court to reduce the fines levied on LBRY, the decentralized content platform best known for its video-sharing platform Odysee. The New Hampshire District Court ruled in November 2022 that LBRY owed the SEC $22 million

May 15, 2023 1 min read

Bullish Surge for MATIC as Polygon Reigns in GameFi Sector

In a significant development for the blockchain gaming and decentralized finance (DeFi) sectors, Polygon (MATIC) has emerged as the undisputed leader in GameFi, boasting the highest number of active wallets across all Layer-1 solutions over the past 90 days. .@0xPolygon has the most active GameFi wallets out of all Layer-1s

May 15, 2023 2 mins read

Secure and Efficient Payment Solutions From PassimPay for Businesses

A cryptocurrency-based payment system, PassimPay provides businesses with a secure and efficient means of processing transactions. Business transactions are simplified and streamlined with this innovative system, which provides an affordable, reliable, and fast approach to business operations. Payment systems based on cryptocurrency are extremely important for businesses. There are several

May 15, 2023 5 mins read

U.S Chamber of Commerce Backs Coinbase in SEC Tussle

The U.S. Chamber of Commerce has come out in favor of Coinbase, the largest cryptocurrency exchange in the United States, in its efforts to clarify regulations from the Securities and Exchange Commission (SEC). The Chamber of Commerce, according to court documents, has filed an Amicus Brief in support of Coinbase’s

May 12, 2023 2 mins read

CCI Files an Amicus Brief on SEC Seeking Response to Coinbase’s Petition

The Crypto Council for Innovation (CCI) has filed an amicus brief, a written argument over the U.S. SEC seeking a proper response to Coinbase firm. The reason for this is the failure of the U.S. Securities and Exchange Commission (U.S. SEC) to respond back to the petition raised by Coinbase.

May 12, 2023 2 mins read

U.S. SEC’s John Reed Stark Urges Tether Ban In America

One of the official representatives of the U.S. Securities and Exchange Commission (U.S SEC), John Reed Stark warns to ban Tether (USDT) from financial regulators of crypto-based companies in America. He also portrays Tether as a ‘Mammoth House of Cards‘. As per John, Tether would be the next denomination to

May 11, 2023 2 mins read

U.S SEC Issues Second Subpoena to Bitcoin Miner Marathon Digital

The newest development involves allegations of securities law breaches at the Montana Data Center. Which has led to a subpoena being issued to Bitcoin miner Marathon Digital Holdings by the U.S SEC. Marathon Digital said on Wednesday, May 10th, in filings: “The Company received an additional subpoena from the SEC

May 11, 2023 1 min read

Salsa Secures $10 Million to Reimagine Payroll

SAN FRANCISCO–(BUSINESS WIRE)–Salsa, a startup that allows software platforms to embed and launch payroll features inside their own products, announced today it has raised $10 million in funding to modernize the way workers get paid. Salsa enables developers to easily add a revenue-generating payroll solution inside their own software products

May 10, 2023 4 mins read