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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Judge Analisa Torres of the US District Court rules XRP is not a security, sparking community debate on implications for the Binance lawsuit. In court, the judge denied the SEC’s request for summary judgment regarding programmatic sales
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The co-founders of the collapsed crypto hedge fund, Three Arrows Capital (3AC), are committed to donating funds citing “good karma.” Some of their future earnings from their latest crypto venture will go to creditors who suffered
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Social media platform Twitter is temporarily limiting the number of posts that users will be allowed to read per day, after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk. In a July 1 post, Musk said the temporary limits will see verified accounts
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Social media platform Twitter is temporarily limiting the number of posts users will be allowed to read daily after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk. In a July 1 post, Musk said the temporary limits would see verified accounts capped at
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Solana's Cardinal protocol is winding down operations due to economic conditions, nearly a year after raising $4.4 million to improve nonfungible tokens (NFT) utility. According to an announcement on Twitter, withdrawals should be made by August 26. Cardinal Labs was an infrastructure provider dedicated to supporting NFT use cases on the
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SBF will have to issue arguments beyond doubt to the judge and jury why he is not guilty of the charges levied against him. Former FTX boss Sam Bankman-Fried alias SBF who squandered over $8.7 billion of customers’ digital assets with risky bets continues to fight for his innocence in a
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San-Francisco-based crypto payments firm Wyre is shutting down after almost 10 years in business, citing the financial challenges of the bear market, and not anything to do with any hawkish “regulatory agency direction” in the United States. In a June 16 blog post, the firm stated that it made the
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Apple cited the absence of licenses and permissions required for an app to be available in the App Store. Since Zeus has not provided any licenses, including money transmitter licenses, it is considered to be violating Apple’s policy. Tech giant Apple Inc (NASDAQ: AAPL) has denied approving the latest version of
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Venture capital firm Andreessen Horowitz (a16z) is set to open its first office outside of the United States this year, adding to the backdrop of U.S.-based firms seeking greener pastures outside of the country. Chris Dixon, a16z’s crypto founder and managing partner cited a “predictable business environment” as one of
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Credit ratings agency Moody's has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities broker.In a June 8 statement, Moody's said the downgrade was due to concerns about the impact of the SEC action
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