SEC sues Elon Musk claiming disclosure failures with Twitter stock
The SEC sued Elon Musk alleging he violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022.
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SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains
Volatility reared its ugly head for a second day after growing fear of the new Omicron COVID-19 variant and the Federal Reserve's admission that an earlier-than-expected adjustment to its bond-buying program continues to impact global stock markets. The impact of these concerns appears to have impacted Bitcoin price and this morning, the digital asset retreated…
Galaxy Asset Management raises $113M for new crypto venture
The $113 million could be a significant financial lifeline for cryptocurrency startups and invite more institutional attention to the crypto space.
Cryptocurrency News From Japan: July 5 – July 11 in Review
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week. 1233 Total views 18 Total shares This week’s headlines from Japan included real estate player Tosei and Tokyo Financial Holdings listing an asset-backed digital financial…
Swan Bitcoin sues ex-staff over ‘rain and hellfire’ plan to steal mining biz
Swan Bitcoin has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.”
3 reasons why Ethereum price might not hit $5,000 anytime soon
Ether (ETH) price has been in a downward spiral ever since the Ethereum co-founder Vitalik Buterin presented at the StartmeupHK Festival 2021. In a fireside chat session on May 27, Vitalik stated that several internal team conflicts caused the Proof-of-Stake migration to delay its launch.As reported by Cointelegraph, ‘Phase One,’ which introduces scalability through sharding,…
CoreWeave expands Core Scientific computing deal by $1.225B
Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities.
New York financial regulator investigates Gemini over FDIC claims: Report
Many Gemini Earn users reportedly claimed assets in their accounts had been protected by the Federal Deposit Insurance Corporation. Own this piece of history Collect this article as an NFTNew York State’s Department of Financial Services is reportedly investigating cryptocurrency exchange Gemini over claims the firm made in regards to assets under its Earn lending…
The bright side of Evergrande’s collapse? More crypto volatility
As Evergrande Group, China’s heavily indebted property developer, files for bankruptcy in the United States, many are concerned about how this will impact the global economy and cryptocurrencies. The situation represents one of the largest debt faultings in the world and will have sizable ramifications.However, it shouldn’t come as too much of a surprise that…