Cryptocurrency Analysis and News Portal
U.S. crypto exchange Coinbase claimed that digital assets listed on its platform fall outside the U.S. Securities and Exchange Commission's (SEC) purview in its first legal response to the regulator's lawsuit. The SEC sued Coinbase at the beginning of June, alleging that a dozen of the cryptocurrencies offered through its
Read More
One avenue open to those whose assets are locked up in a bankruptcy estate is to sell their claims at a discount at marketplaces such as X Claims or Claims Market. But there are very few providers of liquidity for relatively small claims of around $50,000 because of the cost
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Outspoken bitcoin maximalist Max Keiser has made a controversial allegation, branding Ripple as a “Ponzi scheme,” adding that the millions of dollars spent by its CEO, Brad Garlinghouse, have failed to rescue the blockchain company. Bitcoin supporter blasts Ripple,
Read More
The agency cited three examples of “false and misleading representations,” including a mention on its website that the Provenance Blockchain’s HASH token on OKCoin had “received broad regulatory acceptance from the SEC, OCC, FED, and the FDIC” and a 2020 posting to the company’s website, where it advertised itself as
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ripple’s chief technology officer (CTO), David Schwartz, has argued on Twitter that Uniswap, a leading automated market maker (AMM) and decentralized exchange (DEX), is not as decentralized as it claims to be. Uniswap’s decentralization claims challenged In a
Read More
Several market analysts, including Dylan LeClair and Cory Klippsten, CEO of Swan Bitcoin, have voiced concerns about Binance’s alleged activities in manipulating the market. Following the recent United States Securities and Exchange Commission (SEC) lawsuit against Binance Holdings Limited and Binance.US, the American arm of the largest global crypto exchange, on
Read More
Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets ahead of a June 13 hearing, claiming that the move would “effectively end” its business.In a June 12 filing, Binance.US slammed the SEC’s emergency motion for a temporary restraining order on its business,
Read More
In Monday's filing, Binance.US's attorneys wrote that freezing its funds would "primarily harm BAM’s customers, effectively put BAM out of business, and prevent BAM from defending itself in this litigation," as it could no longer pay its employees, vendors or other parties or even maintain its technology. Source
Read More
The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely dismissing digital asset custodian BitGo’s case following a dropped acquisition of the firm in 2022.According to court documents filed on June 9, Vice Chancellor J. Travis Laster dismissed BitGo’s complaint
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The virtual asset community has been taken aback by recent statements made by the U.S. Securities and Exchange Commission (SEC) concerning the categorization of virtual assets. Notably, the SEC claims that tokens of Decentraland and The
Read More