Warren Davidson Puzzled By XRP Holders Supporting CBDCs

Warren Davidson Puzzled By XRP Holders Supporting CBDCs

United States Congressman Warren Davidson voices his surprise at the response from the XRP community regarding Ripple’s work with Central Bank Digital Currencies (CBDC). Davidson, an outspoken critic of CBDCs, is determined to…

Coinbase wins NFA approval to offer Bitcoin and Ether futures in US

Coinbase wins NFA approval to offer Bitcoin and Ether futures in US

Cryptocurrency exchange Coinbase has obtained approval from the National Futures Association (NFA) to offer investments in crypto futures to eligible customers in the United States. Announcing the news on Aug. 16, Coinbase noted…

Wall Street Banks Downplay US Recession as Stock Markets Fall

Wall Street Banks Downplay US Recession as Stock Markets Fall

US stock markets have taken a hit since Wall Street bankers and the central bank dismissed the specter of a recession. Furthermore, crypto markets are also backpedaling today but remain range-bound where they…

Singapore central bank says three business days is ‘timely transfer’ for stablecoins

Singapore central bank says three business days is ‘timely transfer’ for stablecoins

While blockchains continue to revolutionize payments by allowing instant transfers, Singapore’s central bank believes three business days is a “timely transfer” for single-currency stablecoins (SCS), similar to transfer speed requirements for domestic money…

ZachXBT Lawsuit Update: Defamation Allegations Dropped

ZachXBT Lawsuit Update: Defamation Allegations Dropped

Well-known crypto sleuth ZachXBT has had a defamation lawsuit against him dismissed.  Upon the lawsuit’s filing, he initiated a fundraising campaign that raised over $1 million in anticipation of a potential legal battle….

Pro-Bitcoin Javier Milei wins most votes in Argentina primary election

Pro-Bitcoin Javier Milei wins most votes in Argentina primary election

An Argentine politician, who supports Bitcoin (BTC) and calls for abolishing his country’s central bank, has taken the lead in the country’s presidential open primary elections. With over 90% of the votes counted,…

Wall Street and US Politics Just as Corrupt as SBF Says Stewart

Wall Street and US Politics Just as Corrupt as SBF Says Stewart

American comedian, political commentator, actor, director, and television host Jon Stewart has lashed out at Wall Street in his latest podcast. Stewart claims that Wall Street is just as bad as former FTX…

Legal scholars file amicus brief in support of Coinbase

Legal scholars file amicus brief in support of Coinbase

A group of six legal scholars specializing in securities law and related fields submitted an amicus brief in favor of crypto exchange Coinbase in its ongoing legal battle against the United States Securities and…

Senator Lummis files amicus brief supporting Coinbase’s dismissal motion against SEC

Senator Lummis files amicus brief supporting Coinbase’s dismissal motion against SEC

The crypto-friendly United States Senator Cynthia Lummis has filed an amicus brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the firm. An amicus brief is a…

Only 2 Crypto Exchanges Operate Legally in Hong Kong

Only 2 Crypto Exchanges Operate Legally in Hong Kong

Hong Kong’s regulatory body, the Securities and Futures Commission (SFC), has recently observed various unlicensed virtual asset trading platforms (VATPs) resorting to dubious practices that could jeopardize investors’ trust and capital. These platforms…

‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC appeal

‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC appeal

As the United States Securities and Exchange Commission (SEC) seeks an interlocutory appeal in its case against Ripple Labs, lawyers working in the crypto space expressed confidence in Ripple’s case, with some underscoring…

Binance Japan to Use Liquid For Biometric Identity Verification

Binance Japan to Use Liquid For Biometric Identity Verification

As Binance prepares to re-enter the Japanese market on Aug. 14, it has disclosed its partnership with Liquid, a biometric data authentication service. This collaboration aims to meet the regulatory requirements established in…

SEC use of Terraform ruling hints Coinbase dismissal motion attack plan

SEC use of Terraform ruling hints Coinbase dismissal motion attack plan

A recent filing from the United States Securities and Exchange Commission (SEC) in its lawsuit against crypto miner Green United could shed light on how it may approach the case against Coinbase. On…

Coinbase Base L2 Opened to the Public as TVL Metrics Soar

Coinbase Base L2 Opened to the Public as TVL Metrics Soar

The Coinbase layer-2 Base Network has just been officially launched to the public in an event called ‘Onchain Summer.’ Moreover, while it was in the developer testing phase, its total value locked has…

South Korea arrests Bitsonic CEO for allegedly stealing .5M of users’ money

South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money

According to South Korean news outlet Chosun Biz, Jinwook Shin, the CEO of crypto exchange Bitsonic — who is under investigation for stealing investments and deposits from exchange users — was arrested by South Korean…

Credit Card Debt Surpasses  Trillion Mark in America

Credit Card Debt Surpasses $1 Trillion Mark in America

In addition to an ongoing banking crisis, the United States is currently drowning in debt. The latest barrage of bad news to emerge from the flailing economy regards record levels of credit card…

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