The bankruptcy court has approved an extensive probe into the relationship between Sullivan & Cromwell LLP, a leading law firm, and FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022. This ruling is a stepping-stone to the scrutiny of the legal firm’s role and actions prior to and during FTX’s bankruptcy proceedings. Scrutiny […]

As Coinbase unveils its plans to introduce futures trading for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH), XRP lawyer Bill Morgan voices disappointment over the lack of support for Ripple’s native cryptocurrency, XRP. Notably, the move has sparked discussions within the crypto community, with questions raised about Coinbase’s choice to prioritize Dogecoin over XRP. […]

Grayscale CEO, Michael Sonnenshein, has stepped forward to defend Ethereum’s classification as a commodity in light of potential scrutiny from the Securities and Exchange Commission (SEC). Sonnenshein’s stance comes amidst ongoing debate within the cryptocurrency community regarding the regulatory status of Ethereum. Sonnenshein’s defense is rooted in the precedent set by former SEC Director Bill […]

Montenegrin prosecutors have refused to accept the court’s verdict on the extradition of Do Kwon, Terraform Labs co-founder Do Kwon to South Korea.  Complications in The Do Kwon Extradition to South Korea Two weeks ago, a high court in Podgorica, Montenegro ruled that Do Kwon should be extradited to South Korea. This was a reversal […]

In what comes as another attention-grabbing phenomenon within the AI landscape, the United Nations General Assembly (UNGA) recently embraced a global accord on AI, showcasing efforts to bring about this newly emerging technology’s seamless and secure functioning. Aligning with the dynamic global tech landscape, as AI continues to push the boundaries of organizations, this pivotal […]

WisdomTree, a prominent U.S. Spot Bitcoin ETF issuer, has captured the attention of investors following its recent approval from the New York State Department of Financial Services (NYDFS). Notably, this green light allows WisdomTree to expand its crypto services in New York, marking a significant milestone in the company’s journey into the digital asset landscape. […]

A brief bullish wave on Tuesday convinced investors that this week’s retrace was temporary and that cryptocurrencies were ready to resume their ballistic rallies. However, a 2.6% drop in Ethereum price in 24 hours seems to be dimming the hope for an immediate U-turn toward all-time highs. After climbing to $4,091, Ethereum price hovers at $3,430 during […]

Analysts have opined that social platform Reddit will need to invest more in content regulation in the coming months following its Initial Public Offering (IPO).  Market watchers say this is likely due to the increasing scrutiny the platform would face as a public company. Its present reliance on individual volunteers to check community guidelines may […]

In a thrilling plot twist, Shiba Inu, the self-proclaimed Dogecoin killer, curated a tidal wave of speculations among crypto market traders and investors globally following a significant plunge in its price in the past few days. This plunge in SHIB’s price surfaced along with a weekly dip recorded in the SHIB burn rate, giving rise […]

The US Securities and Exchange Commission (SEC) lawsuit against Binance Holdings, Binance.US, and Changpeng “CZ” Zhao reaches the final stages of dispute resolution. The defendants have met almost all discovery and depositions requirements by the US SEC, with a final joint status report and a potential briefing in April. Binance and SEC Files Joint Status […]