Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.
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Ripple Announces $105 Million Charity Venture for Education, Financial Inclusion Projects
Ripple is launching a formal social impact program, dubbed “Ripple for Good,” according to a press release published September 27. The initiative will pool $25 million from the firm together with $80 million in donations to invest in projects focused on education and financial inclusion.The press release states that Ripple is still assessing which projects…
BTC price eyes $58K CME gap as analysis flags 2 Bitcoin 'death crosses'
Bitcoin faces issues with liquidity despite an admirable comeback from six-month lows — can BTC price upside last?
Nebraska senator introduces bills to allow state banks to custody crypto
“We need to be a leader in FinTech,” said State Senator Mike Flood. 1653 Total views 11 Total shares A Nebraska state senator has proposed new crypto-friendly legislation which could see his state become the next regulatory safe haven for FinTech firms.Sworn in just two weeks ago, Republican Mike Flood today introduced the Transactions in…
Terraform proposes $1M penalty for SEC case, no relief or disgorgement
Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case.
Metaverse project The Sandbox unlocks $133M worth of tokens
The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisors. 197 Total views 7 Total shares Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital…
Canadia’s new opposition leader is a Bitcoiner
The new Conservative Party of Canada leader has previously advocated for financial freedom through crypto tokens, smart contracts and decentralized finance. 363 Total views 23 Total shares Canadian politician and noted crypto advocate Pierre Poilievre has taken the helm of Canada’s Conservative Party, which looks set to give the current administration a run for its…
IT Analyst Jason Bloomberg: What I’m Really Saying Is ‘Shut Down Permissionless Blockchains’
This interview has been edited and condensed.Aside from occasional blisteringly anti-crypto commentary from the likes of Warren Buffett and Bill Gates, one of the crypto industry’s most consistent and vocal naysayers is IT industry analyst Jason Bloomberg.Bloomberg is a published author, Forbes contributor and president of the firm Intellyx, which helps enterprises integrate new technological…
Illicit crypto usage as a percent of total usage has fallen: Report
A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline. 300 Total views 24 Total shares Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics…