The post Ripple Lawyer Claims SEC’s Actions in Crypto Industry Favored Corporate Capitalism appeared first on Coinpedia Fintech News For many years, the US has been praised as a shining example of capitalism. But the reality, however, is far from this ideal, claims John E. Deaton, a well-known person in the cryptocurrency business. In his […]
FTX and Genesis Finally Reach in Principle Agreement: Report
FTX and Genesis have come to an agreement in principle to settle claims made by both parties in their ongoing legal brawl. Both bankrupt firms had previously claimed that the other party owed money. However, the legal counsel representing both wrote to bankruptcy Judge Sean Lane stating that they had agreed to a settlement. The […]
John Deaton agrees with Mark Cuban: SEC appeal won’t ensure victory in Ripple case
The post John Deaton agrees with Mark Cuban: SEC appeal won’t ensure victory in Ripple case appeared first on Coinpedia Fintech News Based on recent court statements from the U.S. Securities and Exchange Commission (SEC), it is possible that the agency may soon file for an appeal against the XRP lawsuit Summary Judgment. Experts are […]
Bitcoin Price Prediction: Will BTC Price Hit $40K By Mid August?
The post Bitcoin Price Prediction: Will BTC Price Hit $40K By Mid August? appeared first on Coinpedia Fintech News Anticipation is higher in the crypto space as experts project a bullish trend for Bitcoin’s price in the coming weeks. Notably, the BTC is already entered its accumulation phase and as expected by everybody is eyeing […]
$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan
Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan to Power Crypto Mining Hardware With Surplus Green Energy President of Kyrgyzstan, Sadyr […]
Hester Peirce criticizes SEC’s warning to accounting firms working with crypto
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief Accountant at SEC, cautioned that crypto platforms are likely to misrepresent non-audit work as full audit. SEC Commissioner Hester Peirce has criticized a recent statement by the US Securities and Exchange Commission (SEC) directed towards […]
Su Zhu’s OPNX Unveils Justice Tokens Aimed At Terra Whistleblower
Open Exchange (OPNX) has announced the launch of FatManTerra Justice Tokens aimed at the namesake Terra whistleblower. Justice Tokens are ERC-20 tokens that will be used to compensate those harmed by defamation in the crypto space. Open Exchange plans to distribute the Justice Tokens to holders of RLB, LUNA, LUNC, and its native token OX. […]
Ethereum is about to get crushed by liquid staking tokens
Before we know it, liquid staking tokens (LSTs) are going to replace Ethereum’s native cryptocurrency, Ether (ETH). The LST market is already worth approximately $17 billion, and it has grown continuously since Ethereum’s Merge. While LSTs are just beginning to hit their stride, their advantages over traditional ETH will soon become clear to liquidity providers […]
3 economic events to move the cryptocurrency market next week
Key US economic data is due this week An increase in the US dollar’s volatility should move the cryptocurrency market too The NFP report is the highlight of the week The final week of July is ahead of us, and cryptocurrency traders might want to consider what happens with the US dollar. After all, Bitcoin’s […]
Meme Coin Mania Drives Degens to Base, the Ethereum Level-2 Chain from Coinbase
“If you build it, they will come,” a mysterious voice whispered to Kevin Costner in Field of Dreams—yet the phrase seems to ring equally true for degens in search of lucrative gains on Coinbase’s Ethereum layer-2 network Base. The network, which Coinbase launched for developers on July 13, has seen an influx of recent activity […]