Court denies Kraken’s motion to dismiss SEC lawsuit
The SEC alleges Kraken is operating an unregistered securities exchange.
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‘Smart Dubai’ Initiative Receives a Boost as DAG Platform Comes On Board
A DAG blockchain platform that can operate as the IT infrastructure for smart cities has announced a partnership with the private office of Sheikh Saeed bin Ahmed Al Maktoum — paving the way for an operational presence in Dubai.The Fantom Foundation says its protocol is designed to operate as the information technology infrastructure for smart…

Coinbase to raise $1.25B via debt securities for institutional investors
With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors. 1945 Total views 21 Total shares United States-based cryptocurrency exchange Coinbase seeks to raise $1.25 billion in funds through a proposed private offering for institutional buyers. According to an announcement on May 17, the offering will…

PleasrDAO files preliminary injunction against Martin Shkreli
In 2021, PleasrDAO acquired “Once Upon A Time in Shaolin,” a one-of-a-kind musical album by Wu-Tang Clan, for $4.75 million.

Price analysis 12/30: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, BSV
On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by Bitcoin whales.Data also signals that large investors have been buying and holding their purchases throughout 2020, without booking profits…

Axie Infinity V-shape recovery fizzles as AXS price drops 20% from three-week high
Strong correlation with Bitcoin and traditional markets continue to pull Axie Infinity price lower. 298 Total views 5 Total shares Axie Infinity (AXS) price dropped sharply on June 1, suggesting that its supersonic gains in the last two days might have been a part of a bear market rally.The AXS/USD pair soared 54% week-to-date to over…

2 key Ethereum price metrics prove pro traders are behind ETH’s new highs
As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise.Some analysts might dismiss Ether derivatives, considering CME's future has $355 million in open interest compared to Bitcoin's $2.4 billion. However,…

Turnover at SEC continues as Lizárraga announces January exit
On the heels of Chair Gary Gensler’s resignation, SEC Commissioner Jaime Lizárraga has also decided to step down from his role at the agency.

Wilshire Phoenix Updates Its Bitcoin ETF Filing With SEC
The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund.According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment to their Bitcoin ETF application to…