Crypto law firm loses appeal to force SEC’s hand on Ether classification
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security.
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Crypto lending rates are low and DeFi is not competition says Nexo co-founder
It's all about location and perception. Much has been said about attractive interest rates offered by popular crypto lending platforms like BlockFi, Celsius Network and Nexo. However, there are two sides to every coin. Paying out high interest rates requires charging even higher rates to the borrowers. Yet, Nexo co-founder Antoni Trenchev disagrees that crypto lending…

No One Knows What Will Happen With Fiat or Crypto — Buy Peanut Butter, Says McAfee
John McAfee, arch libertarian, tax fugitive and staunch advocate of cryptocurrencies, is offering 101 survival tips in lieu of investment advice during the pandemic crisis.McAfee appeared on the left-wing podcast Aufhebunga Bunga on April 14, in an episode devoted to the political, economic and civic fault lines that have been exposed by the COVID-19 crisis. Podcast…

Research Says Crypto Market on Verge of ‘Implosion,’ Cites Low Transaction Volumes
A recent study from Juniper Research states that the cryptocurrency market could “implode” and that transaction volumes are decreasing, Bloomberg reported Oct. 9.In a report dubbed “The Future of Cryptocurrency: Bitcoin & Altcoin Trends & Challenges 2018-2023” Juniper assessed the challenges of digital currencies, with a focus on technical, social and regulatory concerns. The survey…

CFTC commissioner visits Ripple offices as decision in SEC case looms
The outcome of the SEC v. Ripple lawsuit could influence whether the CFTC or SEC will play a greater role in handling the XRP token as a commodity or security. Caroline Pham, one of five commissioners at the United States Commodity Futures Trading Commission, or CFTC, met with Ripple CEO Brad Garlinghouse ahead of a…

US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority. 223 Total views 15 Total shares Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue bad actors in

Bitcoin chart shows ‘diamond pattern’ with $96K target — What kicks off the downside?
Bitcoin shows strength due to traders’ hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation.

Pay-to-use blockchains will never achieve mass adoption
Pay-to-use blockchains are done.Not for us, of course — the nerdy crypto crowd. We’re perfectly happy to open wallets, engrave seed phrases on steel cards we bury in the ground, find exchanges we haven’t been blocked from yet, wrap some assets to leverage yield, and become OpSec professionals while we pray to the blockchain gods

Gibraltar Gov’t Launches Advisory Group to Develop Blockchain-Related Educational Courses
The Government of Gibraltar in collaboration with the University of Gibraltar have created an advisory group focused on the development of blockchain-related educational courses, national news outlet the Gibraltar Chronicle reported Oct. 19.The New Technologies in Education (NTiE) group is reportedly a joint initiative between the government, the University of Gibraltar, and a number of…