The tide may be turning in the highly watched legal battle between Ripple Labs and the US Securities and Exchange Commission. A recent decision by the Second Circuit Court of Appeals could significantly weaken the SEC’s case and bolster Ripple’s defense. The case in question, SEC v. Govil, involved allegations of fraudulent securities offerings by…
The cryptocurrency market experienced a sudden and sharp downturn on Friday, April 12, which saw the Bitcoin price and the value of other large-cap assets take severe hits. The price of Bitcoin, which has been mostly moving sideways over the past few days, fell below the $67,000 mark for the first time in more than…
On-chain data shows the Bitcoin mining difficulty has risen by 4% recently as the mining hashrate has approached all-time high (ATH) levels. Bitcoin 7-Day Mining Hashrate Is Back Near ATH Levels The “mining hashrate” refers to the total computing power that the miners have connected to the Bitcoin blockchain. This metric correlates with the network’s…
The legendary crypto educational platform 99Bitcoins is taking its educational resources one step further by launching an intuitive learn-to-earn platform that rewards users learning about crypto. The presale for $99BTC started today and raised over $120,000 in its first few hours, demonstrating the massive popularity of the new learn-to-earn platform. Alongside the learn-to-earn core feature,…
Uniswap Labs, the software development company behind the decentralized exchange (DEX) Uniswap, was served with a Wells Notice by the US Securities and Exchange Commission (SEC) on Wednesday, which could result in an Enforcement Action. Amid these regulatory challenges, Uniswap Labs has partnered with Across, a cross-chain protocol, to propose a new standard for cross-chain…
Solana continues to be on the news, this time due to some projects based on the chain having a dispute. Solana-based lending and borrowing protocol MarginFi has recently been “beefing” with Solend, another lending protocol, and SolBlaze, a liquid staking platform. Amid the drama, MarginFi’s CEO and founder stepped down after some “inappropriate” X posts…
Uniswap, the pioneering decentralized exchange (DEX), finds itself at the center of a legal maelstrom as the US Securities and Exchange Commission (SEC) sets its sights on the platform. The unexpected developments echo throughout the bitcoin space, igniting a fresh discussion about governmental overreach and its possible to inhibit innovation. The tempest began when Uniswap…
Recent SEC filings under the Form 13F have disclosed that several major Wall Street firms and US banks have started purchasing Bitcoin ETFs. These revelations underscore a growing institutional interest in Bitcoin, which could have considerable implications for the cryptocurrency’s acceptance and valuation. Julian Fahrer, the CEO of the Bitcoin-centric app Apollo Sats, highlighted the…
In a dramatic conclusion to a five-year legal saga, Craig Wright, the controversial figure who claims to be the elusive creator of Bitcoin, has dropped his lawsuit against a prominent Bitcoin enthusiast known as Hodlonaut. The culmination of this lengthy dispute marks a significant victory for Hodlonaut and casts further doubt on Wright’s assertions regarding…
The Bitcoin halving is a significant event that captures the attention of savvy investors who are ready to welcome a new bull run. This once-in-a-four-year event is scheduled to occur on April 19, 2024, and is expected to drive up Bitcoin’s price. The excitement for this event has led to an increase in trading activity….
