Sotheby’s Dismisses BAYC Lawsuit as ‘Groundless’

Auction house Sotheby’s has responded to allegations made by investors in Bored Ape Yacht Club (BAYC), dismissing the lawsuit as opportunistic and without merit. The lawsuit, which includes a class action suit against Yuga Labs, the creators of BAYC, named Sotheby’s as a defendant. In response to the claims, Sotheby’s stated that it will vigorously defend itself against the baseless …

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Co-Founder of DeGods Departs from Project

Finn DeGods, one of the co-founders of DeLabs, the entity behind the popular Ethereum NFT profile picture (PFP) collection DeGods and the related project y00ts, has recently announced his departure from the company. Finn stated that he feels it’s time to move on to the next chapter of his career. The transition away from the company began in July. Despite …

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Brick Art on the Blockchain with Nathan Sawaya

Nathan Sawaya’s Transfiguration Series 1 digital collectibles are set to make a highly anticipated debut on VeVe, the top NFT platform. The exclusive event is scheduled for Saturday, August 19, at 8 AM PT. The renowned artist Nathan Sawaya, known for his awe-inspiring LEGO® brick sculptures, collaborates with VeVe to bring this artistic journey to life. Nathan Sawaya’s artistic journey …

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XRP Drops 14% as Mastercard Collaborates with Ripple

Mastercard, a leading global payment technology company, has announced a strategic relationship with several blockchain companies, including Ripple. This move signals the increasing importance of central bank digital currencies (CBDCs) in the global financial system. Despite this positive development, the value of Ripple’s native token, XRP, has experienced a significant decline of 14.3% in the past 24 hours, along with …

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YOMP Token: The Crypto Religion is Here!

The Nexus of Faith and Finance Beyond Digital Currency: An Ethos Unveiled YOMP is not merely a token; it is an invitation to be part of a grand tapestry, interwoven with faith, hope, and the thrill of Decentralized Finance (DeFi). It heralds an era where individuals no longer just transact but connect with a higher purpose. YOMP transforms the face …

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Second Postponement for Grayscale vs SEC Verdict, Faces Another Obstacle

Grayscale Spot Bitcoin ETF Verdict Postponed Again- Crypto Community Holds Its Breath The much-anticipated verdict on whether Grayscale can convert its Bitcoin Trust into a fully-fledged ETF has been delayed once again. The U.S. Court of Appeals for the District of Columbia Circuit did not announce its decision on the matter today, leaving investors and industry experts eagerly waiting for …

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Which cryptocurrency, Ripple or Terra, will face regulatory actions from the SEC?

Ripple Challenges SEC’s Plan in Courtroom Drama In a recent twist to the courtroom drama, Ripple, the popular cryptocurrency company, has taken a bold stand against the Securities and Exchange Commission’s (SEC) plan to challenge a judge’s ruling. This move by Ripple has caused ripples in the world of crypto law. Ripple has responded to the anticipated appeal by the …

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Public Criticism for Bloomberg’s Misleading XRP Headline; XRP Community Responds.

Bloomberg’s recent headline regarding Ripple’s XRP token has sparked controversy and misinformation, as the media giant published an inaccurate statement regarding the Securities and Exchange Commission’s (SEC) request for permission regarding the token. Pro XRP lawyer John Deaton and CryptoLawUS quickly pointed out the error and emphasized the importance of factual reporting that could impact financial markets. The SEC, in …

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Arkham Intelligence Keeps a Close Watch on Trump’s Cryptocurrency Wallet

Trump’s Crypto Wallet Under Scrutiny: Here’s What Happened Blockchain intelligence firm Arkham Intelligence has announced its active monitoring of a cryptocurrency wallet suspected to belong to former President Donald Trump. According to Arkham’s Twitter threads, Trump allegedly owns a wallet that is collecting substantial royalties from non-fungible tokens (NFTs). The evidence provided by Arkham includes financial statements from August 14th, …

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Ripple Effects Caused by Ripple CTO’s Response to SEC’s Immediate Appeal

Ripple’s CTO, David Schwartz, has addressed the recent move by the US Securities and Exchange Commission (SEC) in response to a significant decision regarding Ripple’s XRP token. Judge Analisa Torres ruled that XRP is not a security, which was a major victory for Ripple. However, the SEC is now seeking to quickly appeal another aspect of the decision, sparking internal …

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