The U.S. Securities and Exchange Commission’s arguments in the much-awaited reply in support of its motion for remedies and final judgment turned out to be weak. Ripple CLO Stuart Alderoty even quoted it as “More of the same from the SEC — failing to faithfully apply the law and trying to pull the wool over […]
Chicago Hedge Fund CTC Alternative Holds 685K BlackRock BTC ETF
Chicago-based Hedge Fund CTC Alternative Strategies Ltd has disclosed its recent holdings or exposure to Bitcoin as an asset class. In a 13F-HR filing lodged with the United States Securities and Exchange Commission (SEC), the firm said it holds 685,364 shares of BlackRock’s iShares Bitcoin Trust (IBIT). More US Firms Enter Bitcoin ETF Train The […]
WisdomTree Prime Debuts Crypto Trading Amid Internal Wrangling
WisdomTree Prime, the financial ecosystem app, has officially launched in New York, in a move that marks an expansion of its crypto trading services. The platform’s offer of access to digital assets such as a gold token and crypto is now available to New Yorkers. A Milestone for WisdomTree Prime With this latest addition, WisdomTree […]
Is This Crypto Bull Run Another Bubble?
The cryptocurrency market skyrocketed in prices this year with bulls projecting a bull run while critics say it could be a bubble. Both sides of the divide cite fluctuations in macroeconomic factors and crypto prices in the last five months. The crypto market is up this year after picking up from its previous bottom in […]
Ripple CLO Hails Bipartisan Pushback on SEC’s Anti-Crypto Rules
Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has praised bipartisan efforts in the U.S. House of Representatives to curtail the Securities and Exchange Commission (SEC) ‘s overreach in cryptocurrency regulation. On Wednesday, the House voted to overturn the SEC’s Staff Accounting Bulletin No. 121 (SAB 121), which mandates financial institutions to include the cryptocurrency holdings […]
Terra Luna Classic Developer Announces Key Upgrade, LUNC Price To $0.0002?
The Terra Luna Classic community saw a major development today as the Terra Classic Wallet gets a much-needed upgrade. The developer informed the community that the upgrade improves functionalities, usability, and other advancements in general. Terra Classic Wallet is developed by popular LUNC developer StrathCole utilizing the CosmES Wallet Kit, with UI design by Dawid […]
Binance Announces 54th Launchpool Project Notcoin (NOT)
Binance is thrilled to unveil its 54th project on Binance Launchpool: Notcoin (NOT). Notcoin is a community token designed to introduce users to web3 through a tap-to-earn mining mechanic. The project’s webpage is set to go live in just 24 hours, ahead of the Launchpool commencement. Users will have the opportunity to stake their BNB […]
Agridex Funding: $5M Investment Paves Way for Agricultural Tokenization on Solana
AgriDex, a Solana (SOL)-focused platform that tokenizes agricultural products, has been able to finish its $5 million pre-seed funding round. The funding round, headed by Endeavour Ventures, a tech-oriented venture fund, had contributions from African Crops Limited, Oldenburg Vineyards, as well as Hank Oberoi – a famous Goldman Sachs and Citadel ex-executive. These investments have […]
Crypto Scam: $71M WBTC Thief Returns 51 ETH, Seeks Victim’s Telegram
The crypto scammer behind the poisoning attack, responsible for stealing wrapped bitcoin (WBTC) worth $71 million, contacted the victim and asked for their Telegram details before sending over 51 ETH, equivalent to approximately $151,600. The interaction, made known by the crypto investigator ZachXBT, was carried out on the Ethereum blockchain via an input data message […]
Ripple-Partner SBI Holdings To Establish Joint Venture In Japan
Ripple Labs partner, SBI Digital Holdings has announced a deal to bring sports fans tokens to the Japanese market. In a May 9 announcement, the company unveiled a partnership with Chiliz to introduce a joint venture for sports and entertainment. According to the release, the digital arm of SBI Holdings will give users access to […]