SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit

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KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China. 415 Total views 1 Total shares The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer.Employees of Trust Reserve — the…

Alex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an interview with British media outlet, The Telegraph.According to de Vries, a single Bitcoin transaction expends the same quantity of electricity needed to power a British household for 59 days, 780,650 Visa transactions,…

In today’s data-driven world, it’s essential to be familiar with key data terms to effectively navigate and make sense of the vast amounts of information available. Here are 15 important data terms to know:Big dataLarge and complicated data sets that are difficult to manage, process or analyze using conventional data processing techniques are referred to…

Vending machines operated by major Asia Pacific soft drink bottler and distributor Coca-Cola Amatil will now be accepting payments in crypto. 1778 Total views 67 Total shares Vending machines operated by major Asia Pacific soft drink bottler and distributor Coca-Cola Amatil will now be accepting payments in crypto.The development follows a new deal with digital…

Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering. Ukrainian government officials partnered with Everstake, Kuna and the now infamous crypto exchange FTX to launch…

15% of Goldman Sachs’ family office clients have already purchased digital assets. 601 Total views 7 Total shares A survey conducted by major investment bank Goldman Sachs has found that close to half of its family office clients want to add cryptocurrency to their portfolios, signaling the ultra-wealthy are becoming increasingly bullish on digital assets.The…