Crypto.com sees ‘strong legal footing’ in crypto rulings against SEC

Draft legislation that would allegedly impose a ban on the use of cryptocurrencies in India is being circulated by local blockchain legal experts on social media.An unverified document published to Scribd by tech lawyer Varun Sethi on July 15 appears to reveal a draft bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currencies.”…

Undoubtedly, 2022 was one of the worst years for Bitcoin (BTC) buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the drop, such as the LUNA-UST crash in May and the FTX implosion in November, the most important reason was the U.S. Federal Reserve policy of tapering and…

Despite the current struggle in the global economy, the gap between traditional finance (TradFi) and crypto seems to be closing with each passing day. For example, earlier this month, Vienna-based fintech unicorn Bitpanda announced that it was adding commodities to its list of investment options, thus allowing investors to rake in profits from short-term price fluctuations…

In a U.S. courthouse for the Southern District of New York, Judge Katherine Failla heard this afternoon from three plaintiff teams suing iFinex et. al. and vying to serve as lead counsel in the emerging class action with potentially tens of thousands of injured members.IFinex’s Tether (USDT) stablecoin firm and its Bitfinex subsidiary are charged…

United Kingdom-based banking giant HSBC is seeking banking partners in South Korea to deploy the blockchain platform Voltron in the country, Korean news outlet The Korea Times reports on Tuesday, March 12.As reported, Voltron is a platform that enables companies to process and settle their trading invoices via blockchain. The solution was launched in October…

EigenLayer leads the restaking sector with a $12.9B TVL, driven by AVS rewards and growing interest in Ethereum-based restaking.

The Banco Bilbao Vizcaya Argentaria (BBVA), a multinational bank headquartered in Spain, has announced a partnership with Madrid-based research center IMDEA Software Institution to explore zero-knowledge proofs (ZKPs) alongside other “advanced cryptographic techniques.”Both entities will freely utilize each other's technologies and research to drive innovation as quickly as possible. BBVA plans to offer products based on…

County officials negotiated with the crypto exchange in 2021 to name Miami Heat's arena FTX Arena until 2040, for $135 million. 146 Total views 2 Total shares Own this piece of history Collect this article as an NFTMiami-Dade County will soon start to remove FTX's advertising brand from the NBA’s Miami Heat arena, after granting…