In the last 24 hours, the cryptocurrency market has witnessed positive and negative developments. One significant event that sent shockwaves throughout the market this week was the Securities Exchange Commission (SEC) taking legal action against Binance, the leading cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ). However, certain cryptocurrencies have
A US judge has rejected reality TV star Kim Kardashian’s plea to dismiss the crypto-related litigation now pending against her. There are allegations that Kim defrauded investors. By promoting EthereumMax on her social media platforms without disclosing that she was compensated for doing so. Kim Kardashian’s attorneys asked the judge
The innovative move-to-earn initiative Sweat Economy is introducing a new governance vote today in the Sweat Wallet app, allowing the community to determine what will happen to 2 billion idle SWEAT tokens in inactive user accounts. The 2 billion SWEAT tokens, or around 13% of the entire supply, are now
BNB Coin (BNB), the native cryptocurrency of Binance, reflects the harsh impact of SEC’s crypto crackdown in its soaring selling pressure. The SEC vs Binance lawsuit succeeded in inducing BNB to plummet by 9.15% — from $306 to $278 — over the past 3 days. In the lawsuit, the US
Jack Dorsey, a staunch supporter of Bitcoin, has been embroiled in a Twitter spat with numerous crypto industry analysts. This is after answering “yes” to a query on whether or not Ether qualified as a security. Bitcoin Ordinals developer at Taproot Wizards Udi Wertheimer saw the message and tweeted on
The recently released 2023 New Value Report by Ripple, a leading player in the cryptocurrency and blockchain industry, paints an illuminating picture of the top trends shaping the global business landscape. The annual thought leadership publication, now in its sophomore year, provides a glimpse into the trajectory of crypto and
Following the filing of a new lawsuit by the United States Securities and Exchange Commission (SEC) against Binance, the overall cryptocurrency market capitalization fell 3.6% overnight, according to statistics compiled by CMC. Although the market has rebounded and is up 2.87% as per CMC. The complaint claims that Binance and
The global cryptocurrency market has been significantly jolted, including digital currencies such as Bitcoin (BTC) and Polygon (MATIC). This disturbance is mainly due to the recent measures undertaken by the U.S. Securities and Exchange Commission (SEC) against Binance, a leading cryptocurrency exchange. Market Instability and Dipping Prices Bitcoin, the leading
As the long-running SEC vs. Ripple lawsuit comes to an end, it’s interesting to hear that pro-XRP attorney John Deaton has expressed such a prediction regarding the possibility of winning. He stated that Ripple had an outright win against the Securities and Exchange Commission. Also, the SEC has a less
Litecoin’s highly anticipated third halving is just around the corner, and the excitement surrounding this event is capturing an immense amount of attention for the renowned cryptocurrency. Recent network activity suggests increased investor interest. Although Litecoin’s price has remained in a downtrend over the past 24 hours. However, positive on-chain
