XRP vs SEC Legal Battle Reveals Intense Drama and Ripple’s Response Holds Key to Further Action In a highly intense legal drama, both the US Securities and Exchange Commission (SEC) and the presiding Judge have submitted their separate arguments in the XRP vs SEC legal case. The outcome of this battle now depends on Ripple’s…
Web3 Games Become More Accessible For Web2 Users Blockchain gaming is undergoing a transformation that merges the characteristics of Web2 and Web3. Axie Infinity, a play-to-earn Web3 game, recently introduced a “Lite” version that allows players to participate without owning NFTs. This shift is indicative of a broader movement in the blockchain gaming sector, where…
Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng “CZ” Zhao are facing increasing regulatory pressure in the Euro area. This comes after lawsuits were filed against Binance by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Binance’s recent decision to withdraw its operations from several EU countries,…
Reddit and Cool Cats have teamed up to release a new series of collectible avatars called Retro Reimagined. This collaboration brings together renowned artists such as Micah Johnson, Chris Torres, and Clon, the co-founder of Cool Cats NFT. The Retro Reimagined series marks the fourth generation of collectible avatars and showcases Cool Cats’ unique style….
Prominent crypto lawyers John Deaton and Mike Selig have taken to Twitter to provide clarity on the Torres Decision, which has often been misinterpreted in relation to XRP and security laws. Deaton expressed concern about the misinterpretation, questioning whether it was due to confusion or intentional misstatement to promote false narratives. He specifically called out…
Vera Molnár’s “Themes and Variations” NFT collection sells out at a Sotheby’s auction, raking in $1.2 million in just an hour. Key Points Vera Molnár’s NFT collection created a buzz in the art world as it sold out within an hour at a Sotheby’s auction, generating an impressive $1.2 million in sales. The collection, named…
In a recent blow to the U.S. Securities and Exchange Commission (SEC), the regulatory body has lost a case in the DC Circuit Court related to SPIKES futures. The court ruled that the SEC’s order was arbitrary and capricious, echoing similar language used in the Grayscale lawsuit. This development raises concerns about the SEC’s ability…
Sotheby’s, the renowned auction house, has made a significant leap forward in the blockchain art industry with the introduction of their new generative art program. This program will now record all of its sales on the Ethereum network, paving the way for a new era in the art world. Here’s everything you need to know…
Coinbase CEO Reveals SEC’s Directive to Halt Trading in Digital Currencies Except Bitcoin In a surprising revelation, Brian Armstrong, the CEO of Coinbase, disclosed that the U.S. Securities and Exchange Commission (SEC) had previously instructed the cryptocurrency platform to cease trading in all digital currencies except Bitcoin. This directive, which came prior to the SEC’s…
Worldcoin’s Orb: An Innovative Solution for AI and Digital Identity Challenges In a groundbreaking development, Sam Altman, CEO of OpenAI, has successfully launched Worldcoin’s Orb, a revolutionary blockchain-based global verification system. This system incorporates an innovative eyeball-scanning orb to verify human identity and create a digital passport, ensuring a clear distinction between humans and AI….
