On Oct. 26, Yuga Labs, the company behind the popular Bored Ape Yacht Club (BAYC) NFT collection, announced that two individuals who infringed on its brand had been ordered by the court to pay damages and cease their infringing activities. The company wrote in a statement: “After the court ruling against Ryder Ripps and Jeremy […]
A Bitcoin ETF Could Soon Finally Launch. What If It Flops?
Bitcoin hopefuls are crossing their fingers for the approval of a spot crypto ETF. But will demand match the hype?
FTX Group Claim Prices Surge Amidst Proposals from 3 Bidders
Prices for FTX Group claims have seen a notable uptick following revelations that the bankrupt crypto exchange is considering proposals from three potential buyers for its inactive exchange. FTX claims’ valuations now range between 50 and 53 cents on the dollar, an increase from last week’s low-to-mid 40 cents range. Cherokee Acquisition Reports Rise in […]
Ryder Ripps Must Pay Yuga Labs $1.5 Million for Bored Ape Trademark Infringement
A U.S. District Judge orders Ryder Ripps and Jeremy Cahen to cease all NFT sales and relinquish its blockchain assets.
Binance Crypto Exchange Launches Futures Trading for Ethereum-Based Altcoin That’s Surged Over 50% in a Week
The world’s largest crypto exchange platform by volume is launching futures trading for one Ethereum (ETH)-based altcoin that’s jumped over 50% in a week. In a new announcement, crypto exchange Binance says that it will be launching futures contracts with up to 50x leverage for Powerledger (POWR), a decentralized energy market built on top of […]
Bitcoin Spark continues to onboard users at rapid pace
In the dynamic and fast-paced world of cryptocurrencies, Bitcoin Spark (BTCS) has emerged as a […]
Binance And Tether Accused By Lawmakers: DOJ Investigation Requested For Illicit Finance
In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT). The lawmakers, led by Senator Cynthia Lummis, reference a controversial Wall Street Journal (WSJ) report that alleges Hamas and its affiliate raised significant funds through cryptocurrencies. […]
Ripple vs. SEC: Legal Battle Escalates As Lawyers Predict Prolonged Showdown
In a recent analysis, crypto lawyers foresee an intensification, rather than a resolution, in the protracted legal duel between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Renowned attorney Bill Morgan, known for his astute insights, delved into the roadmap outlined in recent court filings for the remedies phase, anticipating a no-holds-barred clash […]
Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether
U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas.
AVAX’s 7% surge amid this latest integration is all traders need to know
Game-changing Chainlink automation solutions for developers were launched on the contracts chain (C-Chain) of Avalanche.