Recently, the U.S. District Court for the District of Utah made a significant decision to dismiss the Securities and Exchange Commission’s (SEC) case against Digital Licensing, known as Debt Box. Along with the dismissal, the judge has ordered the SEC to pay around $1.8 million in attorney and receivership fees. This comes after the SEC’s
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Blockchain technology has been making waves in the gaming industry, offering new possibilities and opportunities for game studios and players. In a recent strategic partnership announcement, cryptocurrency exchange OKX and blockchain technology company Immutable have come together to bring cutting-edge solutions to the world of gaming. By leveraging Immutable’s zkEVM technology, both companies aim to
The world of cryptocurrency is filled with speculations and predictions, with experts and analysts constantly forecasting the future prices of various digital assets. One such prediction that has caught the attention of many is the ultra-bullish forecast for Cardano (ADA) made by crypto analyst Nick from the Cheeky Crypto YouTube channel. In this article, we
Despite the anticipation in the cryptocurrency market, Bloomberg ETF analyst Eric Balchunas is tempering expectations regarding the launch of US spot Ethereum ETFs. Balchunas recently commented on the possibility of a mid-June launch, calling it a “long shot.” However, he did acknowledge that there is a “legit possibility” of spot Ethereum ETFs hitting the market
On May 29, SEC commissioner Hester Peirce put forth a groundbreaking proposal for a shared digital securities sandbox between the US and the UK. This innovative idea seeks to extend the Bank of England and FCA’s joint digital securities sandbox to include US firms, fostering collaboration and experimentation in the realm of digital securities. The
The rise of meme coin launches in recent years has brought to light the dangers of trading these volatile assets, especially when endorsed by celebrities. The latest example of this is American celebrity Caitlyn Jenner’s JENNER token, which was launched on the Solana blockchain. Despite doubts surrounding the legitimacy of the token, some traders still
In a recent analysis, a crypto strategist accurately predicted the current Bitcoin downtrend and provided insights into where the price may be headed next. The decline in the crypto market, according to the analyst, may only be in its beginning stages. The prediction came at a time when the crypto market was still euphoric with
In the ever-expanding realm of digital assets, SEI NFTs have emerged as a game-changer for artists, gamers, and collectors alike. Powered by its open-source Layer 1 blockchain, the Sei Network is making waves in the NFT space by offering low transaction fees, robust security, and fast transactions. The appeal of SEI NFTs lies in their
Blockchain analysis firm Nansen has recently identified DBS Bank, a leading banking institution in Singapore, as a cryptocurrency whale. The firm’s research revealed that a crypto wallet allegedly owned by DBS Bank contains a substantial amount of 173,753 Ether (ETH), equivalent to approximately $650 million in the current market environment. While DBS Bank has not
The Web3 gaming ecosystem XPLA, in partnership with Com2uS Group, has officially launched its own layer 2 chain, XPLA Verse, on the Oasys blockchain. This launch marks the inclusion of several well-known games from Com2uS, such as “Summoners War: Chronicle” and “The Walking Dead: All-Stars,” into the blockchain gaming world. XPLA Verse introduces notable games
The cryptocurrency market has been abuzz with the recent surge in Ethereum whale activity. These large investors, known as whales, have been making their presence felt in the market, with on-chain data indicating a significant increase in holdings by wallets containing at least 10,000 ETH over the past 14 months. This accumulation amounts to a
The recent surge in Solana meme coin prices has caught the attention of many investors in the cryptocurrency market. Dogwifhat (WIF) has experienced a significant increase of 27% in value since the beginning of the week, reaching an impressive $4.0 on Wednesday. On the other hand, a new coin called Sealana (SEAL) has managed to
Senator Cynthia Lummis has been a leading voice in advocating for pro-crypto legislation in the United States. She firmly believes that the crypto market has the potential to significantly impact the US economy if the opportunity is not wasted. Lummis, along with other like-minded lawmakers, has been working diligently to educate her colleagues about the
Gemini, the crypto exchange founded by billionaire entrepreneurs Cameron and Tyler Winklevoss, recently announced the successful recovery of virtually all its customers’ digital assets. This marks one of the most successful industry recoveries from insolvency to date. The customers of Gemini Earn program received $2.18 billion of their digital assets in kind, which is a
Gemini exchange recently announced that users of its now-defunct Earn product have received $2.18 billion in digital assets, representing 97% of the total owed assets. This recovery is significant given the collapse of crypto lender Genesis, which ceased withdrawals in November 2022. The assets were returned in kind, ensuring that users received the same amount
Ryan Salame, the former co-CEO of FTX Digital Markets, was recently sentenced to 90 months in prison for his involvement in illegal political contributions and defrauding the Federal Election Commission. This sentence was handed down by US District Judge Lewis A. Kaplan after Salame pled guilty to conspiring to run an unlicensed money-transmitting business. Salame’s
The Sandbox, a decentralized gaming platform, has made a significant announcement regarding the launch of its decentralized autonomous organization (DAO). This initiative, known as The Sandbox DAO, is aimed at empowering SAND token holders and virtual LAND owners to actively participate in the platform’s governance. The implementation of The Sandbox DAO will unfold in three
The world of Bitcoin is always buzzing with excitement, especially when it comes to price predictions. Recently, Cryptorphic, a well-known crypto analyst, made a bold prediction that Bitcoin could reach an impressive $156,000 by May 27, 2025. This forecast is based on the historical phenomenon of halving, where the number of Bitcoins rewarded for mining
The recent resurgence of Ethereum meme coin markets has brought attention to coins like Baby Apu Apustaja (BAPU), which has seen a significant spike in its market price. With a unique marketing campaign and promising project fundamentals, BAPU has quickly gained popularity among traders in the crypto community. BAPU’s market price skyrocketed overnight, reaching $0.000000059
The US District Court for the District of Utah recently made a significant decision regarding the SEC’s case against DEBT Box. The court dismissed the case without prejudice and levied fines amounting to over $1.8 million against the SEC for what was deemed as bad faith conduct. These fines, in the form of attorney fees
In the latest Solana meme coin pump, the new token SHIB on Solana has experienced a significant surge in price overnight. This surge can be attributed to the continued interest in dog-themed meme coins, which have gained popularity among Solana meme coin traders in recent months. As of now, SHIB on Solana is trading at
The NFT market landscape in 2024 has experienced a remarkable transformation with the emergence of leading marketplaces catering to the diverse needs of the NFT community. Magic Eden Marketplace stands out as a vibrant hub for NFT enthusiasts, initially making its mark in the Solana-based NFT sector and later expanding to support Ethereum NFTs and
The Rehabilitation Trustee of the defunct crypto exchange Mt. Gox has confirmed that it has not sold its significant Bitcoin holdings despite transferring over 140,000 BTC today. The trustee clarified in a May 28 statement that preparations to repay creditors were ongoing. According to the firm, the bankruptcy process will compensate creditors with fiat currency,
In the midst of a positive sentiment surrounding the cryptocurrency market, prominent crypto analyst and enthusiast Crypto Con has offered a bullish outlook on Bitcoin. By identifying historical patterns and analyzing past market behavior, the expert believes that the price of BTC could surge to $123,832 in the coming months. According to Crypto Con’s analysis,
Grayscale’s Ether exchange-traded fund (ETF) has recently gained approval from the U.S. Securities and Exchange Commission, sparking speculation about the potential impact on market outflows. A recent report by Kaiko suggests that if the trend set by Grayscale’s Bitcoin Trust is any indication, the Ether ETF could see an average outflow of $110 million per
As Ethereum (ETH) gains momentum, market experts are paying close attention to a significant technical breakout that could potentially propel the cryptocurrency to new heights. According to crypto analyst Jelle, Ethereum has recently broken out of a bearish pattern known as the “falling wedge,” turning key resistance levels into support zones. This breakout is seen
The European Securities and Markets Authority (ESMA) has recently put Maximum Extractable Value (MEV) under the spotlight as a form of illegal market abuse in the realm of cryptocurrency. This move, proposed under the Markets in Crypto-Assets (MiCA) regulation, has sparked discussions within the industry. Notably, Patrick Hansen, a respected voice on crypto regulations, shed