Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP is not a security.” In addition, he noted that crypto sales on exchanges […]
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis. Labor Department’s CPI Data Shows […]
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Russian lawmakers have decided to end plans to create a state-owned cryptocurrency exchange, planning instead to set rules and regulations for existing companies. Colin Wu of Wu Blockchain delivered the story on Twitter on Monday, May 29, 2023. He linked a translation from a Russian news outlet explaining the country’s new focus is allowing private […]
Former product manager of Coinbase Global Inc, Ishan Wahi on Tuesday, May 9, 2023 was sentenced by US prosecutors to two years in prison in the first insider trading case involving cryptocurrency. Reporting from Channel News Asia, Wednesday (10/5/2023), US District Judge Loretta Preska convicted Ishan Wahi, in Manhattan federal court after the defendant pleaded […]
In a blog post, Independent Blogger Andy Baio recently revealed that Bitcoin whitepapers are hidden on every Apple MacBook computer running the latest version of macOS software. Specifically, he wrote, “The file is found in every version of macOS from Mojave (10.14.0) to the current version, Ventura (13.3), but isn’t in High Sierra (10.13) or […]
Blocknox, part of Boerse Stuttgart’s digital division, has received final approval as a crypto custodian from the country’s financial regulator, BaFin. The license means Boerse Stuttgart Digital will be able to offer institutional investors in crypto trading and securities services, Germany’s second largest exchange said in an email on Thursday. Among the companies he plans […]
Investors are once again considering the payment of the XRP cryptocurrency in the futures market in the hope that Ripple Labs, the company that issued the token, will win its legal battle against the States Securities and Exchange Commission. in the wider market. XRP has risen 57% since March 22, hitting a 10-month high of […]
Bitcoin and ether prices were little changed, with BTC down 0.57% and ETH down 2.52%. Trading activity is in order with the overall range below the 20-day moving average for both assets. This week is a bit uneventful, however, with the Federal Open Market Committee (FOMC) announcing another interest rate hike, banking institutions trying to […]