Key Takeaways: XRP price rocketed 67% to reach a new 19-month high. The surge resulted from the Ripple-SEC lawsuit ending in the firm’s favor. Read CoinChapter.com on Google News NEW DELHI (CoinChapter.com) — XRP price catapulted over 70% intraday to reach a daily high of $0.934 on July 13 after the Southern district court New […]
Shiba Memu (SHMU) bursts into the meme scene with an unstoppable demand
Shiba Memu is a new meme cryptocurrency that taps into the power of AI and blockchain. Through AI, Shiba Memu will be a self-sustaining marketing powerhouse, delivering value to investors. The price of the meme token increases every day, and its presale concludes in 8 weeks. Who thought meme cryptocurrencies would have so much following […]
Polygon Unveils Game-Changing Transformation of MATIC into Versatile POL Token
Polygon Labs, the development team behind Ethereum scaling solution Polygon, has announced its new native token, POL. Through a Twitter announcement, Polygon Labs proposed an upgrade plan to replace the existing token, MATIC, with POL — thereby establishing POL as the exclusive token for all networks within the Polygon ecosystem. 1/ Today, the next technical […]
A Spot Bitcoin ETF Could Turn Around BTC’s Fortunes, Says Galaxy Digital’s CEO
Galaxy Digital CEO believes Bitcoin (BTC) will finish the year on a high following a string of positives. He notes that approving a Bitcoin ETF will be instrumental in pushing the asset class to new highs. The U.S. SEC currently stands in staunch opposition to a spot ETF, but a wave of applications could see […]
Binance appoints new general counsel amid intensifying legal troubles
Binance has appointed Eleanor Hughes as its new general counsel, effective immediately, according to a July 13 press release. Hughes first joined Binance in November 2021 and was subsequently appointed head of legal for the APAC and MENA regions. She played a key role in successfully securing operational licenses for the exchange in various jurisdictions […]
Crypto scammers, hackers stole $450 million in H1 2023
Crypto ransomware attacks rose in the first half of 2023, but scammers earned 77% less revenue compared to the same period in 2022, according to the Crypto Crime Mid-Year report by Chainalysis
Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities
The Federal Trade Commission (FTC) permanently banned bankrupt lender Celsius (CEL) Network “from offering, marketing, or promoting any product or service that could be used to deposit, exchange, invest, or withdraw any assets,” according to a July 13 statement. The regulator further stated that it agreed to a $4.7 billion fine with the bankrupt crypto […]
Binance Promotes Eleanor Hughes to the Position of General Counsel
Hughes with almost 15 years of expertise, has worked with Binance since November 2021. She will be in charge of 85 attorneys as part of her new position. After the departure of Han Ng, Binance hired Eleanor Hughes to fill the position of general counsel. Last week, not only Ng, but also the chief strategy […]
Ripple Wins as U.S Court Rules XRP Not a Security; Price Up 35%!!
Judge Torres agreed with Ripple Labs’ position that the XRP coin is not a security. The announcement caused the price of XRP to spike from $0.45 to $0.63. In a lawsuit brought up by the Securities and Exchange Commission (SEC) in 2020, Ripple Labs triumphed on July 13 in the United States District Court for […]
Former Celsius CEO Arrested and Sued by SEC After a Probe into the Company’s Collapse
Alex Mashinsky, the former CEO of bankrupt Celsius Network has been arrested. His arrest also follows a lawsuit filed against the firm following investigations into its collapse. In recent news, former Celsius Network CEO Alex Mashinsky has been arrested following a thorough investigation into the collapse of the company. As reported by Bloomberg citing people […]