Former SEC Chief Warns of the Risks and Deceptions in the Crypto Market

Former Chief of the SEC Office of Internet Enforcement, John Reed Stark, has issued a warning about the dangers of the crypto marketplace. In a recent series of tweets, Stark revealed shocking revelations about the fraudulent practices and market manipulation that plague the digital currency industry. Stark referred to a new study that provides compelling evidence of the rampant manipulation …

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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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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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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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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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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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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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$1B in Liquidations Triggered as Bitcoin and Ether Prices Plummet in Crypto Market Bloodbath

Passionate Cryptocurrency News Writer Sohrab Shares Expertise on Blockchain Technology and its Potential to Revolutionize Finance Sohrab, a seasoned writer in the field of cryptocurrency news, brings over five years of experience to his work. With a strong interest in blockchain technology and its transformative power in the financial sector, Sohrab remains at the forefront of the crypto world. His …

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Optional status to be given to OpenSea Royalties.

NFT marketplace OpenSea is introducing a new fee structure for creators, which will come into effect in September. As part of this change, OpenSea will remove the Operator Filter on August 31. This update has important implications for creators in the NFT space. Previously, the Operator Filter enforced on-chain royalties for collections. However, after February 29, these royalties will no …

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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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