SEC has no authority over crypto, argues defendants in $18M fraud lawsuit

Blockchain payment app MoneyTap, co-developed by Ripple and Japanese financial services giant SBI Holdings, has received investments from 13 local banks, according to an SBI press release published on March 28.In the announcement, SBI Holdings informs that Kiraboshi Bank, Shinsei Bank and Hokuriku Bank, along with ten other local financial institutions, have joined their project…

Global settlement firm OKLink, a sister company of major cryptocurrency exchange OKEx, will launch its stablecoin today, June 3, an OKEx representative told Cointelegraph.In an email sent to Cointelegraph, the OKEx rep specified that the stablecoin — dubbed USDK — will be launched today in partnership with United States-based custodian Prime Trust.On June 2, OKLink…

In this week’s newsletter, read about how Yuga Labs settled a lawsuit with one of the creators of a copycat nonfungible token (NFT) collection. Learn how the Bitcoin Ordinals creator fixed the first instance of porn uploaded to the protocol and how YouTuber Coffeezilla tricked MMA fighter Dillon Danis into promoting fake NFTs. In other…

After months of work, Bancor V2 finally launches promising to improve the user experience for both traders and liquidity providers. 787 Total views 13 Total shares The Bancor project has launched a heavily upgraded version of its decentralized exchange, promising to solve what it calls “DeFi’s dirty little secret.”According to a blog post released on…

8% daily losses are painful for longs but no problem for still bullish analysts. 1851 Total views 5 Total shares Bitcoin (BTC) extended its slide on Nov. 16 as BTC price action returned to test $60,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin finally closes large CME gapData from Cointelegraph Markets Pro and TradingView showed BTC/USD coming…

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On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly's team exposure. Former PEPE promoter turned crypto influencer, Jeremy "Pauly" Cahen, has leveled insider trading allegations against the Pepecoin team following the reported theft of around 16 trillion PEPE tokens. Pauly is now exposing team members' identities,…

Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities. 414 Total views 11 Total shares Own this piece of history Collect this article as an NFTAn investor with nearly $2 million worth of funds frozen in bankrupt cryptocurrency lender BlockFi has filed a class…