The Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, alleging that he violated federal securities laws during his 2022 purchase of Twitter, now known as X. The SEC claims Musk failed to disclose his ownership stake in Twitter promptly, allowing him to buy shares at “artificially low
The Asian crypto community has once again woken to a price consolidation in the market. Bitcoin has docked firmly at the $94K level causing anticipations among members. Meanwhile, JP Morgan’s recent investment in the cryptocurrency has caught the spotlight sparking discussions in our sector. On the other hand, the political-crypto
Mango Markets, a decentralized exchange (DEX) on the Solana blockchain, is closing down after facing legal problems. Which is including a settlement with the US Securities and Exchange Commission (SEC). The platform was launched in August 2021 and was meant to provide fast and affordable trading and borrowing using its
The community has seen quite some activity after the winter break. While prices have remained a sore spot, the regulatory landscape is slowly springing to action. With Gary Gensler’s resignation approaching fast, prominent personalities discuss their outlooks toward the sector’s regulatory future. Meanwhile, President-elect Donald Trump’s announcement of a Crypto
During the Asian trading hours, while the global crypto market is still facing a steep decline since Tuesday, the knock-on effects have not faded. However, Ripple’s native cryptocurrency, XRP, surged around 8% in the last 24 hours. After a significant dip from the $2.50 zone to around $2.21, XRP has
Nasdaq ISE has filed a proposal with the SEC to raise the position and exercise limits for iShares Bitcoin Trust ETF (IBIT) options. The exchange seeks to increase these limits from 25,000 to 250,000 contracts. This move reflects the ETF’s growing market cap and rising trading volume. Nasdaq ISE Proposes
Ripple has intensified its U.S. hiring efforts, crediting a favorable shift in the crypto regulatory climate under President-elect Donald Trump. The company has doubled its U.S. hiring compared to 2023, expanding into larger offices in cities like San Francisco and New York. 2025 is here and the Trump bull market
As the Asian world wakes up to Bitcoin reclaiming the $97K mark, other altcoins have also traveled further in the bullish trend. In the past day, in an interesting turn of events, AI tokens took to the spotlight, with market cap surging past $100 billion. Meanwhile, TerraForm Labs’ former CEO,
As the holiday cheer continues, crypto prices also continue to fall. The market shows signs of struggle against the bears. Meanwhile, Solana’s co-founder Stephen Akridge was accustomed to a lawsuit from his ex-wife who alleged that he stole millions of dollars from her SOL staking. Apart from this, there has
Israel is set to debut six Bitcoin mutual funds on December 31, marking a milestone for local crypto investment. The Israel Securities Authority (ISA) approved the funds last week, following years of requests from asset managers. The mutual funds will be managed by six firms: Migdal Capital Markets, Phoenix Investment,
