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Search Results for: sec

Ripple Faces $125 Million Fine in Ongoing Lawsuit with U.S SEC

A court filing states that Ripple was fined $125 million as a result of its ongoing action with the U.S Securities and Exchange Commission (SEC). At the time of writing, XRP is trading at $0.6024, up 18.15% in the last 24 hours as per data from CMC. According to the

August 8, 2024 2 mins read

What Has Intensified SEC vs Coinbase Legal Battle Now?

The ongoing legal battle regarding the alleged operation of an unregistered securities exchange between SEC and Coinbase is heating up. Recently, the SEC regulator rejects Coinbase’s access to the personal emails of SEC Chair Gary Gensler. The Coinbase Chief Legal Officer, Paul Grewal hence responded to this on X post.  

August 6, 2024 2 mins read

Aave Secures $6M Revenue During Ongoing Crypto Market Sell-Off

On August 5, the decentralized finance (DeFi) protocol Aave showed notable strength amid a severe crypto market plunge. Aave generated $6 million in revenue from decentralized finance liquidations. This spike in revenue is a response to economic events, like the interest rate hike by the Bank of Japan and the

August 6, 2024 2 mins read

New Bill to Expand U.S Secret Service Crypto Crime Powers

In recent years with the current market hacks and money laundering. To combat this, The US is coming forward by proposing a bill to expand Secret Service powers in the crypto crime fight.  In a bipartisan effort to combat cryptocurrency-related crime, US Senators Catherine Cortez Masto (D-Nevada) and Charles Grassley

August 5, 2024 2 mins read

XRP at a Crossroads: Analyzing Market Sentiment Ahead of Crucial SEC-Ripple Meeting

As the cryptocurrency world holds its breath, Ripple and the Securities and Exchange Commission (SEC) prepare for another closed-door encounter. This imminent meeting has ignited a flurry of speculation about a potential settlement in their long-standing legal battle. Despite the anticipation, the market’s reaction paints a picture of cautious pessimism,

August 1, 2024 2 mins read

XRP Surges as Ripple Community Anticipates Potential SEC Settlement

XRP soared on Wednesday, fueled by tentative discussions of a possible settlement in the longstanding lawsuit between Ripple and the US Securities and Exchange Commission (SEC). The crypto world is closely monitoring every development in this high-stakes case, which has the potential to significantly impact the entire industry. XRP Community

July 31, 2024 1 min read

Bybit Unveils Digital Rupee (eRupee), a Secure Payment Solution for INR Users

The Digital Rupee (eRupee), a new payment option for its INR consumers, is being introduced by Bybit, the second-largest cryptocurrency exchange in the world based on trading volume. Now available, this cutting-edge wallet-based mobile payment solution gives customers a safe and practical method to conduct transactions on the platform. The

July 30, 2024 1 min read

Artists File Lawsuit Against SEC Over Uncertain NFT Regulations

The legal battle of the U.S. Securities and Exchange Commission (SEC) with other firms and personalities are resurfacing to the mainstream. Two renowned artists have filed a legal suit against the SEC due to the uncertain classification of non-fungible tokens (NFTs) as securities. On July 29, songwriter Jonathan Mann, popularly

July 30, 2024 2 mins read