Coinbase contends the SEC’s interpretation of what constitutes a security is dangerously broad and insupportable. In the exchange’s view, only assets conferring explicit financial rights or a stake in a business should be considered securities. The popular crypto exchange Coinbase Global Inc (NASDAQ: COIN) is locked in a major legal …

While the path forward for FTX remains uncertain, the exchange appears to be taking steps to recover from recent turbulent times. The once-dominant cryptocurrency exchange FTX is endeavoring to set a new course following its bankruptcy last year, which was marred by allegations of fraud and mismanagement. Recent court proceedings …

Bitcoin (BTC) has established strong support between $25,000 and $30,000. Take a look at the next key resistance. The price of Bitcoin has been steadily rising since October 13, following its inability to break the support level of around $26,000. Since then, it has continued to climb, reaching $35,000 earlier …

Morgan asserts that XRP sales fail to meet at least two of Howey test prongs, making the SEC’s case weak. With the facts apparently not aligning with the Howey framework, he sees little room for the SEC to overturn the earlier judgment. In the ongoing Ripple versus SEC case over …

By November, all Orb operators are expected to be paid entirely in WLD rather than USDC. Worldcoin Foundation has announced that starting in November 2023, it will pay its Orb operators in WLD tokens instead of USDC stablecoins. These operators are responsible for operating the specialized imaging devices known as …

LBRY announced that all of its executives, staff members, and board directors had resigned. According to LBRY’s statement, the company will now focus on addressing any remaining legal obligations before completely ceasing operations. Cryptocurrency firm LBRY has announced that it will cease operations and shut down following a legal battle …

With Stéphanie Cabossioras’ resignation, she joins at least 10 other senior executives who have left Binance this year. Stéphanie Cabossioras has resigned from her role as executive director of Binance France, the French arm of the world’s largest cryptocurrency exchange. Her departure comes as the latest in a series of …

The situation first arose when BitPay posted a tweet stating that Ripple (XRP) could now be used to buy items in games that use BitPay, including Roblox and Smite. Popular gaming platform Roblox found itself at the center of some confusion on Tuesday after a now-deleted tweet from cryptocurrency payment …

The team overseeing the bankruptcy process has put forward a new plan to distribute the remaining assets to affected creditors. The proposal aims to give creditors back up to 90% of their holdings at the time of FTX’s collapse. Cryptocurrency exchange FTX has introduced an amended proposal to return a …

In achieving this $95 million figure, Swift’s film broke the previous record for the largest opening weekend ever for a concert film. That mark was formerly held by Justin Bieber’s 2011 film “Never Say Never”, which opened to $29 million. Pop superstar Taylor Swift’s new concert film “Eras Tour” dazzled …

The developers elaborated on their decision, stating that cloning Reczek’s voice was a tribute to the legendary voice actor, recognizing him as “one of the best Polish voice talents.” CD Projekt RED, the developer of Cyberpunk 2077, has embarked on a groundbreaking creative endeavor by bringing a deceased actor’s voice …

This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, …