SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.
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P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons
Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a mobile, blockchain-based game where users collect, breed, raise and battle nonfungible tokens (NFTs) called Axies for monetary rewards. As the market topped and then entered what has become a deep bear market,…

US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve
A new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, a move that could further integrate Bitcoin into the nation’s financial strategy. Trump signed an executive order on March 7 to use Bitcoin (BTC) seized in government criminal cases to establish a

KPMG enters the metaverse, invests $30M in Web3 employee training
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services. 320 Total views 10 Total shares KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to…

What new EU sanctions mean for crypto exchanges and their Russian client
Nine months into the conflict between Ukraine and Russia, sanctions against the latter have continued to grow at an aggressive pace. This time around, legislators for the European Union announced that they are introducing a complete ban on all cross-border crypto payments between Russia and its citizens. To elaborate, a prohibition of all “crypto-asset wallets, accounts,…

Emergency ‘wall of liquidity’ to prop up Yen bullish for Bitcoin: Swan
Swan Bitcoin's Dante Cook suggests that Bitcoin could benefit from the declining Japanese yen, depending on what the U.S. and Japan central banks do next.

If Crypto Traders Abandoned Litecoin Why Are Investors Hoarding LTC?
Price wise, Litecoin (LTC) has had a pretty rough year and currently the altcoin is down 51% over the past twelve months. The lack of GitHub activity and planned protocol upgrades have Litecoin co-founder Charlie Lee to admit 2019 saw a historic low in the number of developers working on Litecoin Core, the software behind…

EMAX investors given third and final chance at celeb promo suit
The judge presiding over a class suit by EMAX token investors gave them a final chance to file their claims against celebrities who allegedly promoted it. 28 Total views 1 Total shares The plaintiffs of the EthereumMax (EMAX) investor class action lawsuit have been given a final sh to amend their claims against the celebrities

Russian security agency wants exchanges to share data with crime investigators
The measure comes along with a proposed ban on advertising of non-licensed crypto services. 214 Total views 3 Total shares Russia's Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) have submitted their review notes on the forthcoming “crypto bill,” developed by the country's Finance Ministry. Law enforcement agencies push for requiring crypto firms…