Wed, November 13

Elon Musk and Tesla Celebrate Dogecoin Manipulation Lawsuit Dismissal

The cryptocurrency sector confronts several legal complications on a daily basis. While regulatory bodies often stand central to such occurrences, there are instances when individual traders raise issues. One such lawsuit was the 2022 Dogecoin Manipulation case filed against tech billionaire Elon Musk and his company Tesla.  According to market

August 30, 2024 2 mins read

HEX Founder Richard Heart’s Case Dismissal Plea Sees SEC Opposition

The SEC has become an integral part of the US crypto regulatory landscape, particularly in the past few months. Amid several lawsuits and reexamination of crypto assets, the regulatory body has hawk-eyed crypto institutions. Recently, on August 22, the SEC raised claims against HEX founder Richard Heart.  Notably, the SEC

August 23, 2024 2 mins read

Binance CEO Declines IPO or Fund Raising Needs Amid Regulatory Focus

Binance, one of the leading crypto exchanges, is currently being scrutinized internationally by regulators. However, the institution is not alone in its struggle as other leading firms such as Coinbase and Ripple have also faced challenges on the regulations front. Meanwhile, the crypto exchange despite the struggles has reported several

August 22, 2024 2 mins read

US NFA Fines Crypto Fund Ikigai Strategic For Mismanaging Loans

In the past few months, within crypto regulations, there have been numerous reports of  advancements and lawsuits. While leading cryptocurrency firms such as Coinbase and Ripple battled with the SEC, other institutions also encountered legal issues. Recently, Ikigai Strategic Partners, a cryptocurrency fund was found to have mismanaged Bitcoin loans

August 21, 2024 2 mins read

Democrat Donor Ron Conway Slams Major Crypto PACs on $12M Pledge

The world of cryptocurrency has found itself drawn into the political landscape over the past few months. Particularly, in the USA the upcoming elections have caused a spur of activity within the sector. Recently, in the last 24 hours, one of the leading donors in the industry Ron Conway announced

August 20, 2024 2 mins read

US Spot Bitcoin ETFs End Two-day Inflow Streak Amid BTC Price Dip

The US Spot ETFs over the last few months have begun to witness declining activity. While the spot Ethereum ETFs are attempting to stage a revival, the spot Bitcoin ETFs have failed to do so. Meanwhile, the two cryptocurrencies have struggled to surpass their current price levels.  According to Sosovalue

August 15, 2024 2 mins read

Senator Chuck Schumer Advocates For Pro Crypto Laws at Crypto4Harris

The US political landscape has taken an intriguing crypto approach this election term. Amid former president Donald Trump’s persistent support for the sector, in an interesting turn of events the Democratic party has expressed interest to “reset” its crypto approach. On August 14, Vice President Kamala Harris held a meeting

August 15, 2024 2 mins read

Spot ETH ETFs Record First Positive Weekly Inflows Amid Price Struggles

US spot Ethereum ETFs after the July 23 launch were expected to draw significant inflows similar to the spot Bitcoin ETFs. The digital assets failed to meet analysts’ expectations as it witnessed mounting outflows following its initial launch day. However, the past week has witnessed for the first time weekly

August 12, 2024 2 mins read

Ripple CLO Calls on Kamala Harris to Intervene Against SEC Actions

The crypto market saw several key actions in the Ripple vs. SEC lawsuit this week. Ripple’s chief legal officer, Stuart Alderoty, recently asked Kamala Harris to end the SEC’s war against cryptocurrency. Meanwhile, the XRP token exhibits a price increase of 0.80% after showing notable surges on August 8.   Notably,

August 10, 2024 2 mins read

Senator Marshall’s Exit Marks Setback for Controversial Crypto Bill

Senator Roger Marshall, a Republican from Kansas, has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA), dealing a significant blow to the controversial legislation co-authored with Democratic Senator Elizabeth Warren. The move, announced on July 24, reduces the bill’s backing to 18 senators, complicating its legislative prospects.

July 26, 2024 2 mins read