One week later: X’s future in Brazil on the line as Supreme Court reviews ban
With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns.
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OpenSea marketplace receives Wells notice from the SEC
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Crypto Mining Giant Canaan Partners With Blockchain Firm Northern Data
Two major players in the global blockchain industry have signed a strategic partnership to pool together their technological and operational achievements.According to a Feb. 19 press release, Canaan Creative, the world’s second-largest Bitcoin (BTC) mining hardware manufacturer, and blockchain infrastructure firm Northern Data AG were joining forces to work across several fields.In particular, the two…
SEC Requests Telegram Banking Data as New Evidence Emerges
The Securities and Exchange Commission is once again requesting that Telegram provide bank records on its Gram initial coin offering (ICO). The timing of the request, filed on Jan. 10, coincides with new evidence of alleged underwriters requesting commission fees for the sale of Telegram tokens.The reappearance of an earlier requestThe request for banking data comes…
French Artist Launches Personal Crypto Tied to Value of His Career and Output
Paris-based artist Ben Elliot’s efforts to revolutionize the artwork purchasing and collecting experience have resulted in what he claims to be the world’s first personal cryptocurrency directly pegged to a career.The Stellar blockchain-based digital currency is called Ben Elliot Token (BET) and is expected to launch in 2021. The value of the token will rise…
Bitcoin poised for breakout as US money market funds reach $6.2T
Bitcoin could be on track for a September breakout to new record highs, but it faces significant resistance around $65,000.
Blockchain streaming platform Audius announces Solana NFT integration
The market for nonfungible tokens, or NFTs, has grown exponentially over the past year. Now, users of Audius will be able to feature NFTs from the Solana ecosystem in addition to Ethereum. 883 Total views 16 Total shares Blockchain-based music streaming platform Audius announced Thursday that it had launched full Solana NFT integration, allowing its…
Illicit crypto transactions are getting more attention from the government
The COVID-19 pandemic has forced governments worldwide to focus on bringing blockchain technology to their financial services, along with the needed regulatory upgrades to keep the burgeoning fintech industry clean.Related: Not like before: Digital currencies debut amid COVID-19For example, on Sep. 10, Switzerland — a global center for the wealth management industry, housing around $2…
Disgruntled Investor Appeals to US SEC Guidelines in Class Action Suit Against Ripple
XRP investor Bradley Sostack has amended a class action suit against Ripple, in which he alleges that the company misled investors and proceeded to sell XRP as an unregistered security, in violation of federal law.Sostack submitted his latest filing on Aug. 5 to a United States district court in California. According to a report by…