The Securities and Exchange Commission (SEC) and Ripple are still embroiled in a legal battle, and now the SEC is seeking an appeal against Judge Analisa Torres’ ruling. This ongoing drama takes an interesting turn as it involves another case with Terra and conflicting judgments from two different judges. Let’s take a closer look at the recent developments. The SEC …
Continue ReadingChang, a prominent figure in the world of NFT trading, recently found himself at the center of attention after a fascinating turn of events. His innovative tactics and quick thinking allowed him to outsmart a bot and make a substantial profit. Chang’s NFT collection, called Azuki, is renowned for its anime-inspired avatars and its distinctive “Off White A” background. Seizing …
Continue ReadingZynga, the gaming powerhouse known for popular titles like FarmVille, is making a splash in the blockchain gaming industry with its first-ever NFT venture, Sugartown. This whimsical game, powered by Ethereum’s NFT technology, invites players to embark on a captivating journey through an alternate dimension. In this dimension, three adorable farm animals introduce Oras, enchanting creatures that bring Sugartown to …
Continue ReadingKey Developments in Ripple-SEC Lawsuit: Insights and Exclusions Revealed In the ongoing legal battle between Ripple and the SEC, new insights have emerged that shed light on crucial aspects that won’t be part of the trial. A pretrial scheduling order has been issued by Judge Torres, providing important details for the trial ahead. Notably, a jury trial is anticipated for …
Continue ReadingInvestors worldwide are anxiously awaiting the decision of the United States Securities and Exchange Commission (SEC) regarding the approval of a Bitcoin spot exchange-traded fund (ETF). This decision has the potential to be a groundbreaking moment for cryptocurrencies. The SEC has two options: either take more time to make a decision or outright reject the ETF applications. While rejection is …
Continue ReadingArkham Intel Exchange has recently announced a new bounty, offering $5,000 for information on Terra co-founder Do Kwon. The platform has been in the spotlight lately due to its previous bounty of 100,000 ARKM airdrop tokens, which were rewarded to those who could solve the FTX mystery. Currently, Do Kwon is in a Montenegrin prison, and Arkham Intel Exchange aims …
Continue ReadingCoinbase Concludes OnChain Summer Festival with Coca-Cola NFTs Leading cryptocurrency exchange Coinbase wrapped up its blockchain festival ‘OnChain Summer’ by introducing Coca-Cola NFTs that combine classic artworks with emerging talent. These NFTs, known as ‘Masterpieces,’ are housed within the iconic Coca-Cola bottle on Coinbase’s Ethereum-based platform, ‘Base.’ The unveiling of these digital collectibles took place on August 13. The collection …
Continue ReadingBinance US, the compliant subsidiary of Binance, is facing a range of legal and operational challenges. Despite being ordered by the courts to provide accounting statements, the company has failed to do so, leading to concerns within the crypto community. The drama began when Binance US requested an extension to submit the accounting statements, citing the complexity of cross-chain and …
Continue ReadingXRP’s network sees a resurgence in active addresses after a price rally fueled by a legal victory against the SEC, despite subsequent market volatility. Key Points The XRP network has witnessed a notable revival with a surge in active addresses, signaling the resilience of the network despite recent price setbacks. The increase in activity has raised questions about what is …
Continue ReadingFamous investor Michael Burry, known for his role in “The Big Short,” has reportedly taken bearish positions against the S&P 500 and Nasdaq 100 Index, according to recent securities filings. His Scion Asset Management has purchased put options worth $739 million against the Invesco QQQ Trust ETF and separate put options worth $886 million against the SPDR S&P 500 ETF. …
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