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CRYPTO
SEC asks judge to reject Coinbase’s motion to dismiss lawsuit
The United States Securities and Exchange Commission has asked a federal judge to deny Coinbase’s motion to dismiss a lawsuit by the regulator.In an Oct. 3 filing in a New York District Court, the SEC hit back at claims in Coinbase’s…
Coinbase secures AML registration from the Bank of Spain
Cryptocurrency exchange Coinbase has secured an Anti-Money Laundering (AML) compliance registration from Spain’s central bank, as part of its ongoing expansion across Europe.According to a Sept. 22 statement, the registration with the…
Shrapnel Web3 shooter won’t let US users cash out, thanks to Gensler
The creators of blockchain game Shrapnel — an upcoming AAA first-person extraction shooter — will be cutting a part of its game for United States-based players, in order to avoid the potential ire of the country’s securities regulator.…
FTX wallet shifts $10M in crypto, sparking fear of token dumps to come
A wallet owned by bankrupt crypto exchange FTX has moved $10 million worth of digital assets from the Solana (SOL) network to Ethereum, sparking concerns it could be the beginning of a series of token dumps amid the exchange’s bankruptcy…
VeChain and SingularityNET team up on AI to fight climate change
Artificial intelligence firm SingularityNET and blockchain firm VeChain have become the latest firms to marry blockchain with artificial intelligence — this time, with the aim of cutting down carbon emissions. Over the last year, the…
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
Crypto custodian Prime Trust has filed for Chapter 11 Bankruptcy in Delaware after it faced a shortfall in customer funds.The company said in an Aug.15 filing that it has between 25,000 to 50,000 creditors with estimated liabilities…
The absurd AI mania is coming to an end
AI large language models raised over $25 billion in the first half of 2023. The industry is starting to look like a bubble that’s about to burst.
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Deloitte, Chainalysis alliance to give law enforcement a crypto edge
Professional services giant Deloitte is set to boost its clients’ blockchain-tracking capabilities following a strategic alliance with crypto analytics firm Chainalysis.Announced during a Chainalysis conference in Washington DC on July…
XRP is not a security, Celsius CEO arrested on criminal charges…
Top Stories This Week
Judge rules XRP is not a security in SEC’s case against Ripple
Ripple Labs scored a victory in a district court in New York on July 13, with Judge Analisa Torres ruling partially in favor of the…
Bitcoin miners raked up $184M in fees in Q2, surpassing all of 2022
Bitcoin (BTC) miners made a lofty $184 million from transaction fees in the second quarter, far more than what they pocketed over the entire 2022 — as Bitcoin’s price surged and BRC-20 tokens flourished.The $184 million payout is more…