Coinbase urges court to reconsider appeal, cites SEC vs Ripple
The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities.
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Lithuanian Finance Ministry to Introduce Legal Amendments for Crypto-Related Firms
The Republic of Lithuania’s Ministry of Finance plans to release legal amendments for operating crypto-related businesses in the country, Riga-based newspaper The Baltic Times reports on April 8.According to the report, the Lithuanian finance ministry wants to bring more legal certainty to the operation of companies relating to cryptocurrency exchanges, crypto wallet operators, as well…
NFT marketplace bug undervalues tokens, helps exploiter nab $750,000
The NFT marketplace bug was reportedly discovered on Dec. 31, which showed transferred NFTs as listed on OpenSea. A bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price.The bug seems to be prevalent with Bored…
Georgia lawmakers consider giving crypto miners tax exemptions in new bill
The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv. 79 Total views 14 Total shares Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax.On Monday, Georgia…
Class action lawsuit targeting Tezos ends in $25M settlement after 3 years
After three long years, the class-action lawsuit alleging that Tezos violated securities laws through its 2017 ICO has concluded. The three-year-long class-action lawsuit targeting Tezos (XTZ) has come to a conclusion after Judge Seeborg approved Tezos’ $25 million settlement on Aug. 28.According to the judgment, the funds will be distributed among “all persons and entities”…
Fashion house Alexander McQueen joins blockchain trend with new label
While the concept of decentralization has been demonstrated within collaborative sectors like the gaming industry, where participants are given a voice, it’s notable that a major fashion house has decided to use blockchain and its underlying values to give creative collaborators freedom of expression. On Sept. 3, Alexander McQueen launched a new technology-driven label called MCQ.…
Ripple Reports Double Revenue From XRP Token Sales in Third Quarter of 2018
American tech company Ripple reported that its revenue from XRP token sales doubled in the third quarter (Q3) compared to the second quarter (Q2) of 2018, according to the company’s quarterly report published Oct. 25.In the Q3 2018 XRP Markets Report, the company reveals that it sold $163.33 million worth of XRP in the Q3,…
Bitcoin’s price doubled in 75 days — How long until the next 100% leg up?
Historical analysis suggests that the amount of time it takes for the Bitcoin price to double may accelerate during this bull run. 1879 Total views 20 Total shares The price of Bitcoin has doubled in the past 75 days, prompting some analysts to question whether the market is approaching over-extension.However, historical analysis from Bitcoin monitoring…
Kevin O’Leary says his crypto holdings could reach 20% of portfolio
Clearer regulations around stablecoins could make crypto a more viable investment option, according to the Shark Tank star. 1567 Total views 49 Total shares Shark Tank celebrity Kevin O’Leary, also known as Mr. Wonderful, says he would be ready to increase his crypto allocations up to 20% as soon as there are clearer regulations around…