What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC
Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said. Original Source
Read MoreCoinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said. Original Source
Read MoreGiving further credence to XRP Army, Byrne adds that the SEC was targeted by a “huge marketing campaign from Ethereum promoters, and people with large quantities of Ethereum” so that the SEC would “leave it alone in the name of technology.” But there’s yet more nuance. Byrne adds that there
Read MoreBut the messaging surrounding the suits makes the SEC’s recent moves seem reactive, political and frankly, just beneath the bluster, weak. Specifically, the SEC seems to be trying to put Coinbase and Binance into the same bucket as the frauds of 2022, such as Luna, Celsius and above all FTX.
Read MoreThe Blockchain Association and the DeFi Education Fund have become the latest industry advocates to file their support of Coin Center’s lawsuit against the United States Treasury over its “unlawful” sanctions aga Tornado Cash.On June 2, the two cryptocurrency industry advocacy groups filed a joint amicus brief in support of
Read MoreThe rise of fake credentials and teachers being undervalued and underpaid are some of the recurring problems that the education sector continues to face. Cryptox went on a mission to see if nonfungible tokens (NFT) can provide a solution to these headaches found in the education sector. One of the pressing
Read MoreRipple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest
Read MoreGarlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year. The SEC vs Ripple Labs lawsuit is slated to be one of the largest legal fights for blockchain and cryptocurrency development in the United States for the next decades. Already,
Read MoreEconomist Peter Schiff has predicted that the U.S. Federal Reserve will ultimately throw in the towel on its inflation fight to confront “something it fears even more, which is a complete economic collapse, another financial crisis, or a sovereign debt crisis.” He stressed, “The months of declining inflation are in
Read MoreThe conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most of these banks refuse to include crypto companies as customers for risks that are nevertheless managed in the
Read MoreBitcoin price is still attempting an upside break above $17,000. BTC could gain bullish momentum if there is a daily close above the $17,000 and $17,200 resistance levels. Bitcoin is again attempting an upside break above the $17,000 and $17,200 levels. The price is trading above $16,750 and the 100 hourly simple
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