Bitnomial sues SEC over claim that XRP is a security
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.
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iShares BTC ETF investors weather major price drop with zero flows
The Bitcoin ETF from iShares saw a rough entry into the week with the asset down by 14% yet, according to market analysis — no one budged.
Blockchain analytics service Nansen to incorporate DeFi protocol Arbitrum
Arbitrum is currently the ninth ranked DeFi chain with $2.38 billion in total value locked. 362 Total views 9 Total shares Blockchain data provider Nansen has announced the upcoming integration of the Arbitrum network to enable its global users, both retail and institutional-grade, the ability to identify emerging trends in the decentralized finance (DeFi) market.Technical…
Galaxy Digital Fund Leads Funding Round for Blockchain-Based Game Platform
A fund of cryptocurrency investment bank Galaxy Digital led a $1.8 million seed funding round for Azure’s blockchain-based gaming rewards platform, VentureBeat reports on June 5.Smart Challenge, Azure’s gaming rewards platform, reportedly allows users to create and compete in challenges on the EOSIO blockchain protocol. By using blockchain technology, the challenges are said to be verifiably…
Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTM
Bitcoin (BTC) fell close to $34,000 on Jan. 21, which reflects a 50% decline from the $69,000 all-time high made on Nov. 10, 2021. Altcoins also could not buck the trend and faced intense selling pressure, which pulled the total crypto market capitalization to $1.6 trillion, a 46% decline from its November 2021 all-time high…
European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra
European Central Bank executive board member Benoit Coeure said that financial regulators must act fast to prepare for Facebook’s Libra stablecoin, Bloomberg reports on July 7.Per Bloomberg, Coeure argued on Sunday in Aix-en-Provence in southern France that allowing for the development of new financial services and asset classes in a regulatory void is irresponsible. He…
Memecoins, P2P and TON drove 1,614% user growth in Africa — Bitget
Bitget CEO Gracy Chen said that as millions of Africans use Telegram, the rise of TON contributed to Bitget's user growth in the region.
Crypto News From Brazil and Portugal: Aug. 24-31 in Review
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