SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’

The SEC highlighted contradictory conclusions from similar cases and other pending decisions as some of the contentious legal issues. дальше »

428 +

Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors

The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions. дальше »

351 +

Australia’s Proposed Crypto Bill Rejected by Legislators

The Australian Senate Economic Legislation Committee has rejected a crypto bill proposed by Senator Andrew Bragg, citing the need for further refinement and consultation with industry stakeholders. дальше »

126 +

JP Morgan believes SEC will be forced to approve ETFs after losing case against Grayscale

JP Morgan analysts led by Nikolaos Panigirtzoglou believe the SEC will be forced to approve the spot Bitcoin exchange-traded fund (ETF) applications submitted by multiple firms after losing its court case against Grayscale Investments, The Block reported, citing a research note. дальше »

184 +

From Beta to Boom: Borroe’s 25% Surge Leaves Monero (XMR) & Stellar (XLM) Behind!

Investors appear to be losing confidence in Monero (XMR), citing possibilities of privacy and decentralization attacks. Elsewhere, Stellar (XLM) is expected to rise in the long term after the launch of the Soroban smart contract platform. дальше »

159 +

Binance reportedly loses APAC region head amid regulatory issues

One of Binance’s top executives is reportedly exiting the company following several senior executive departures in recent months.   Binance Asia-Pacific (APAC) chief Leon Foong is resigning from the firm, Bloomberg reported on Aug. дальше »

361 +

US court dismisses class action lawsuit against Uniswap

A US District Court dismissed a class action lawsuit against Uniswap, citing insufficient factual evidence and regulatory ambiguities дальше »

1910 +

Stronghold requests permission to burn tires for crypto mining in Pennsylvania

The company requests the use of tire-derived fuel, citing the United States Environmental Protection Agency’s approval to use the energy source at other industrial facilities in the state. дальше »

62 +

DOJ moves to disqualify expert witnesses in Bankman-Fried trial

The U.S. Department of Justice has filed motions to disqualify all seven expert witnesses put forward by former FTX CEO Sam Bankman-Fried for his forthcoming October trial, citing various inadequacies in their qualifications and methodologies. дальше »

372 +

Binance P2P Removes Support for the Most Used Bank in Venezuela

Binance has removed support for Banco de Venezuela, the country's most used bank, from its peer-to-peer (P2P) platform, citing compliance with local and international regulatory standards. The post Binance P2P Removes Support for the Most Used Bank in Venezuela appeared first on BeInCrypto. дальше »

136 +

CoinDesk retracts two articles citing ‘standard’ issues

CoinDesk, a famous cryptocurrency outlet, has retracted two opinion articles citing “standard” issues while the company’s policy says otherwise. According to a tweet by Cryptadamist, an eminent anonymous crypto influencer, CoinDesk removed an article about Justin Sun, comparing the founder… дальше »

222 +

Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums

The crypto investment platform laid off 44 people, or nearly 7% of its employees, about three weeks ago. дальше »

139 +

Solana-based Clockwork to shutter, citing ‘limited commercial upside’

Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital.

109 +

Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues

Lawyers questioned a judge’s decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was “protected First Amendment activity.” дальше »

138 +

Binance says it ‘continues to serve’ Belgian users via Poland entity

In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements. дальше »

356 +

Solana-Based Clockwork Calls Time Citing Opportunity Cost

Solana-based automation project Clockwork is shutting down due to limited commercial potential, despite raising $4 million from investors. The team will cease development but leave the code open-sourced on GitHub. дальше »

118 +

BitBoy Brand Owners Dump Ben Armstrong For "Substance Abuse" And More

BJ Investment Holdings, which owns the BitBoy Crypto Brand, has announced that it has removed Ben Armstrong from the company and the brand, citing substance abuse issues as the reason. дальше »

58 +

Dropbox drops unlimited storage plans, citing abuse by crypto miners

Cloud storage provider Dropbox has announced a it would discontinue its “unlimited” storage policy offered under its Dropbox Advanced plan and will replace it with a metered model to better manage the unexpectedly high usage patterns. дальше »

171 +

JPMorgan Shares Prediction On Bitcoin’s Next Move: What You Need To Know

In the latest research report, financial giant JPMorgan Chase & Co. has recently shared its belief in Bitcoin and the crypto market. Bloomberg reported, citing data from the financial services firm, that the current downtrend phase in the crypto market might just be nearing its conclusion. дальше »

145 +

Germany Proposes to Scrutinize AI Investments From China, Citing Risk to Economic Security

Germany's deputy chancellor, Robert Habeck, has proposed restrictions on Chinese investments in AI and semiconductor sectors over concerns about economic security. The post Germany Proposes to Scrutinize AI Investments From China, Citing Risk to Economic Security appeared first on BeInCrypto. дальше »

173 +

Thailand looks to ban Facebook next week over crypto ad scams

Thailand’s Ministry of Digital Economy and Society (DES) is taking steps to shut down Facebook in the country, citing harmful investment scams causing economic and public security concerns. Court petition filed. дальше »

158 +

Thailand Threatens to Ban Facebook Over Crypto Scams and Dodgy Ads

Thailand's Digital Economy and Society Ministry plans to request a court order to shut down Facebook in the country, citing the platform's failure to prevent cryptocurrency scams and fraudulent ads. дальше »

173 +

How Recur’s Shutdown Underscores the Challenges of the NFT Market

Recur, an NFT startup hosting brands like Hello Kitty, announces shutdown despite $50 million raise, citing challenges in the business landscape. The post How Recur’s Shutdown Underscores the Challenges of the NFT Market appeared first on NFT News Today. дальше »

145 +

Gemini files brief in lawsuit against SEC, requests to keep it simple

In a recent court filing, Gemini continued to press for dismissal in its lawsuit against the SEC, citing unclear allegations and shifting arguments. дальше »

462 +

Binance Troubles Escalate: Checkout.com Cuts Ties Citing AML Concerns

According to a recent report by Forbes, Checkout. com, the London-based credit card processing company, has terminated its contract with the largest crypto exchange in the world, Binance, citing concerns over money laundering and compliance issues. дальше »

176 +

SEC Poised To Approve Ether Futures ETFs By October In Bullish Crypto Milestone

166 +

Tether discontinues Bitcoin stablecoin, citing lack of usage

The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year. дальше »

165 +

Coinbase to suspend trading for USDT, DAI, and RAI for Canadian customers

Coinbase is discontinuing its support for Tether (USDT), DAI, and RAI for its Canadian users, effective August 31. The news was first reported by Cointelegraph, citing a customer email it had reviewed dated Aug. дальше »

207 +

Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand

Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014. дальше »

51 +

PayPal to Stop Crypto Purchases in UK Until 2024

Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing new rules by the country’s financial regulator. дальше »

75 +

Lawmakers Grill SEC and FINRA on Granting SPBD License to Prometheum

US lawmakers are questioning the SEC and FINRA's decision to grant a broker-dealer license to Prometheum Ember Capital LLC, citing concerns about the firm's track record and potential national security risks. дальше »

167 +

Coinbase enters the Canadian market with Coinbase One, free 30-day trial

Coinbase is seeking to expand into Canada as it faces tough times at home. Coinbase launched an Ethereum layer-2 network last week. It is worth noting that a number of crypto exchanges have excited Canada in the recent past citing poor crypto environment. дальше »

197 +

Want A Bitcoin Spot ETF? Then Prove BTC Is Not Manipulated, Says SEC

With multiple applications for a spot Bitcoin ETF already filed, many have continued to speculate when the SEC is likely to give its approval or otherwise. To further add to speculations, Galaxy Digital CEO Mike Novogratz, citing his sources, stated that approval was likely to come within four to six months. дальше »

175 +

XRP Set to Soar 500% Says Leading Crypto Expert, Citing Ripple Outlook

XRP, the digital currency that has been making waves in the crypto space, is currently undergoing a significant retest that has caught the attention of traders and enthusiasts alike. This retest aligns with a major trendline dating back to 2022, marking a crucial point for potential entry into the XRP market. дальше »

237 +

Another Fantom project winds down citing Multichain exposure

Over $1.5 billion of users' and enterprises' assets were held on Multichain prior to the arrest of its CEO Zhaojun He.

602 +

Billionaire Rubenstein calls Bitcoin mainstream adoption inevitable

Renowned billionaire investor David Rubenstein reiterates his belief in the long-term viability of Bitcoin, citing the substantial institutional interest. In an interview with Bloomberg Television, Rubenstein highlighted the “enormous interest” in a currency that offers privacy and security against governmental… дальше »

215 +

Bitstamp to halt US trading for MATIC, SOL, CHZ and five other altcoins

Crypto exchange Bitstamp has announced that it will soon halt trading for several altcoins for users in the United States, citing the prevailing regulatory environment. US regulatory environment According to an update Bitstamp published on August 8, US customers will not have access to Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near Protocol […] The post Bitstamp to halt US trading for MATIC, SOL, CHZ and five other altcoins appeared first on Invezz. дальше »

226 +

Bitget Slammed with 60-Page Lawsuit Alleging Shady Practices – Should Users Run?

In a recent series of revelations, Bitget, a renowned crypto exchange, has come under scrutiny, with serious allegations leveled against its operations. A prominent figure in the crypto community has served Bitget with a claim exceeding $16 million, citing damages and lost funds purportedly due to the platform’s unethical practices. дальше »

149 +

Revolut Quits US Markets Citing Regulatory Challenges

Revolut is closing its crypto trading operations in the US due to regulatory challenges. The US Revolut customers will be unable to buy crypto from September 2. The post Revolut Quits US Markets Citing Regulatory Challenges appeared first on BeInCrypto. дальше »

126 +

Elon Musk’s X Seeks Data Partner to Build Trading Service on App: Semafor

Elon Musk’s soon-to-be super app X, formerly known as Twitter, is looking for a financial-data giant to build a trading hub inside the app, news outlet Semafor reported citing documents and people familiar with the matter. дальше »

127 +

GameStop Drops Crypto Wallets: Is Its NFT Marketplace Next to Go?

GameStop, the video game retailer, has confirmed it will cease its support for its cryptocurrency wallets, citing “regulatory uncertainty.” The post GameStop Drops Crypto Wallets: Is Its NFT Marketplace Next to Go? appeared first on BeInCrypto. дальше »

158 +

U.S. Department of Justice weighing Binance criminal charges against risk of market panic: Report

Semafor reports today that U. S. Department of Justice (DOJ) officials are deliberating potential fraud charges against the cryptocurrency exchange giant, Binance, but have concerns over protecting American investors already participating in crypto markets, citing sources familiar with the matter. дальше »

165 +

GameStop will stop support for its crypto wallets, citing ‘regulatory uncertainty’

The retail company used to be known primarily for its brick-and-mortar retail stores but has also launched an NFT marketplace and a soon-to-be-canceled line of crypto wallets. дальше »

548 +

GameStop to Remove Crypto Wallets Citing 'Regulatory Uncertainty'

Leading game retailer GameStop will suspend its crypto wallets due to regulatory uncertainty in the United States, just one year after launching, the company announced Tuesday. дальше »

139 +

Binance calls for dismissal of CFTC charges citing lack of jurisdiction

Binance has moved to dismiss the charges filed against it and CEO Changpeng ‘CZ’ Zhao by the U. S. Commodity Futures Trading Commission (CFTC) because the financial regulator acted outside its powers. дальше »

184 +

Judge gives US prosecutors until Oct. 3 for discovery in case against Alex Mashinsky

U.S. District Judge John Koeltl granted a continuance for former Celsius CEO Alex Mashinsky’s trial start date, citing the “volume of discovery” and the “complexity of the case.” дальше »

235 +

KuCoin dispels layoff rumors, CEO cites ‘normal’ personnel adjustments

Crypto exchange KuCoin denied “any alleged layoff plan,” according to a July 25 email statement to CryptoSlate. On July 25, Wu Blockchain, citing three unnamed internal employees, reported that KuCoin planned to lay off 30% of its workforce. дальше »

172 +

President Putin approves digital Ruble, as Russia prepares for crypto exchange trial run

Russian President Vladimir Putin signed a law introducing a central bank digital currency (CBDC), the Digital Ruble, and creating an electronic platform for its use, local media Tass reported on July 24, citing official documents. дальше »

155 +

Proposed gag order in SBF’s criminal case under review, citing attempt to ‘influence public opinion’

The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial. дальше »

1222 +

Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’

Twitter has not specified what the daily DM limits will be, and the move hasn’t been well-received by both verified and unverified users. дальше »

709 +