Trump memecoins set to be sued — but to what end?

An elderly crypto whale known as “HEX 19” lost nearly $4.5 million in a slow-moving hack that drained his staked HEX (HEX) over multiple years.  At first, it looked like a HEX whale was cashing out. But it wasn’t long before the community realized he didn’t voluntarily unstake his tokens — he had become a

Today the price of Bitcoin (BTC) abruptly rose by 6% from $10,136 to as high as $10,743. After this powerful 24-hour rally, analysts are now turning cautiously bullish for various reasons but will Bitcoin price be able to tackle the $11K mark any time soon?Cryptocurrency daily market performance snapshot. Source: Coin360Currently, the factors that appear to…

Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although Bitcoin is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level.The weakness is not limited to the cryptocurrency markets alone. United States equities markets also witnessed a losing week. The S&P 500 Index fell…

Like DeFi in 2020, gaming is considered by many to be the next major growth play for the blockchain industry in 2022. 65 Total views 1 Total shares Crypto-focused venture firm Framework Ventures has raised $400 million in new funding to invest in early-stage companies across the Web3, blockchain gaming and decentralized finance (DeFi) industries. The…

Five U.S. asset managers bidding for an Ether ETF have amended their 19b-4 filings with the SEC.

The U.S. Securities and Exchange Commission, or SEC, and Kik Interactive have both filed oppositions to each other's motions for summary judgment on April 24.While Kik claims its offerings were exempt from registration requirements, the SEC asserts Kik’s 2017 initial coin offering (ICO) comprised a clear violation of securities laws.Kik and SEC battle it out…

A former JPMorgan derivatives trader is suing one of the world’s biggest cryptocurrency exchanges for $300 million after it allegedly failed to deliver his equity.According to filing with the Superior Court of the State of California in San Francisco dated Dec. 4, Frank Amato and RGB Coin are now pursuing action against BitMEX, its CEO…

About $755 million in crypto assets from AltLayer, Arbitrum, Optimism and other projects will be released in July as their vesting period concludes.

United Kingdom-based financial software firm Finastra has partnered with Ripple to join RippleNet, a global blockchain payments network with over 200 members.Faster integration with partnersAs officially announced by Ripple on Oct. 9, the new partnership will allow hundreds of Finastra’s customers to connect and transact with RippleNet to provide faster and cheaper cross-border payments.In turn,…