The leading crypto exchangeCoinbase is taking a bold step against the U.S. Securities and Exchange Commission (SEC) by filing for partial summary judgment in an ongoing legal battle. This move follows the SEC’s denial of Coinbase’s requests for information regarding its cryptocurrency classification, particularly concerning whether assets like Ethereum (ETH)
The crypto market has sustained its positive momentum as the sector surges with activity. Bitcoin has hit $67,000, mirroring the US spot Bitcoin ETFs, which have shown significant inflows. Meanwhile, All in Bits, the builder of the Cosmos ecosystem, announced a major security alert a few hours ago. According to
The Flappy Bird Foundation has raised $2 million in seed funding as it revives one of the 21st century’s most iconic games. The round has been led by Kenetic Capital and Scytale Ventures, with Big Brain Holdings, Optic Capital and 4SV also joining the mission to modernize Flappy Bird with
The cryptocurrency sector is bustling, with rapid shifts that can alter market dynamics overnight. Despite a strategic boost in holdings by Ethereum’s co-founder Vitalik Buterin, Ethereum has seen a decline of over 9% in the past week, demonstrating the volatility and challenges in the broader market. Conversely, Kaspa shows promise
The presidential campaign of Kamala Harris received a donation of $1 Million in XRP from Chris Larsen, co-founder of Ripple. A civic action organization that backs her bid for the 2024 election, Future Forward USA, received the funds. The timing of the financial contribution is not ideal for Ripple. The
Record highs in stablecoin dynamics have increased market liquidity in the cryptocurrency sector. Bitcoin (BTC) and the whole cryptocurrency sector might take heart from this, since past performance indicates that more liquidity usually leads to higher prices. According to a new analysis by CryptoQuant, the combined value of the market
According to a filing made on October 11th, the US Securities and Exchange Commission (SEC) has once again delayed. Deciding on whether or not an exchange list options linked to spot Ethereum ETFs. According to the filing, the SEC has postponed deciding on a rule change proposal. That would allow
BNB’s CEO, Richard Teng, recently talked about the release of Binance’s founder CZ from jail, which has gotten people excited about BNB’s future. At the same time, Immutable (IMX) is making news with a new partnership with GRAMPUS to grow in Web3 gaming. But the standout right now is BlockDAG,
Bitnomial, a Chicago-based cryptocurrency derivatives exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The filing challenged the assertion of the SEC that XRP futures should be classified as “Security Futures.” Bitnomial’s lawsuit is the second case filed against the SEC this week. Crypto.com, a digital
The U.S. Securities and Exchange Commission (SEC) has taken legal action against Chicago-based Cumberland DRW LLC, accusing the firm of operating as an unregistered dealer in cryptocurrency assets. Cumberland allegedly handled over $2 billion worth of crypto assets, which the SEC considers securities, without registering as required by federal securities
