Court denies Kraken’s motion to dismiss SEC lawsuit

“NFTs present a real opportunity for artists to create and derive more value than ever before, and we saw an opportunity to solve the existing challenges and barriers to entry that many are currently facing with Metaplex,” said Raj Gokal, COO of Solana Labs. 2288 Total views 2 Total shares A nonfungible token marketplace by…

U.S. investors have been waiting for a Bitcoin exchange-traded fund (ETF) approval since May 2014 when the Winklevoss Bitcoin Trust filed an amendment request at the Securities and Exchange (SEC). Over the years, the SEC has rejected every applicant and the latest denial was issued to WisdomTree’s application for a spot Bitcoin ETF on Oct. 11.…

A hedge against the traditional market? Nope, crypto assets are now looking closer in risk profile to oil and gas, or EV stocks like Tesla, says Coinbase Institute’s chief economist. 60 Total views 4 Total shares Despite some touting crypto as a hedge against traditional markets, digital assets today share a similar risk profile to…

Until recently, the use of blockchain in elections was perceived as nothing more than an experiment. However, during the recent United States presidential election, some tried to turn the public's perception of the possibilities of blockchain technology. For example, the Associated Press, one of the largest U.S. media outlets, published the election results on the…

Bitcoin (BTC) investors and mainstream consumers are paying more attention to the cryptocurrency’s block reward halving in May 2020.According to data from Google Trends on Dec. 17, worldwide searches for “Bitcoin halving” have significantly increased in the course of 2019, over a year before the halving occurs.BTC halving can provide bullish narrativeWithin the context of…

Polkadot is gearing up for its upcoming network launch as it revealed an integration with Chainlink (LINK) on Feb. 25. The integration of Chainlink oracles may be crucial for the development of Polkadot decentralized finance (DeFi) and other advanced smart contracts.Chainlink has completed an initial integration on Kusama, a canary network for Polkadot similar to…

Estonian consulting firm Eesti has claimed that it is getting harder to get a cryptocurrency license in Estonia in a press release published on May 16.The Estonian government’s Ministry of Finance introduced changes to the licensing process on May 3. The new regulations adds a numbered formal obligation, extends the processing time from 30 to…

U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets.