“Coinbase, a multi-billion-dollar entity advised by sophisticated legal counsel, argues it was unaware that its conduct risked violating the federal securities laws, and suggests that by approving Coinbase’s registration statement in 2021 the SEC confirmed the legality of Coinbase’s...
Bitcoin mining company Marathon Digital has linked the recent slump in its total amount of Bitcoin’s (BTC) mined in June to the weather conditions in Texas and a drop in transaction fees. According to a July 5 statement, Marathon...
Cryptocurrency exchange Gemini has dragged bankrupt digital lender Genesis’ parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, to court. In a lawsuit filed today (Friday) before a trial court in New York, the exchange accused both...
Circle, the official issuer of USDC, the second largest stablecoin by circulating supply, has frozen $63 million from the Multichain hack. Compiled Etherscan data on July 7 shows that the stablecoin issuer froze $27.65 million, $30.1 million, and $5.5...
STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, far outdistancing bitcoin and ether, among other digital assets. Source link
Worldwide traffic for the popular artificial intelligence (AI) chatbot ChatGPT has witnessed a decline from the month of May to June, suggesting a reduction in interest in the AI assistant tool developed by OpenAI. According to data estimates from...
The combined value of spot and derivatives trading volumes on centralized exchanges (CEXs) jumped by 14.2% for the first time in three months, reaching $2.71 trillion in June. The bullish trend came amidst a new wave of applications for...
Breaking Shiba Inu news: The highly anticipated layer-2 solution Shibarium, along with other groundbreaking developments, is set to be unveiled at the upcoming Blockchain Futurist Conference and ETHToronto. Shiba Inu’s lead developer, Shytoshi Kusama, revealed in a new blog...
Stablecoin issuers will have to abide by tough rules. Stablecoins must be pegged to the yen or other legal tender and guarantee holders the right to redeem them at face value. Only licensed financial institutions like licensed banks, registered...
HSBC, a London-based bank ranked eighth globally, is partnering with Amazon Web Services, BT, and Toshiba to conduct a series of trials and experiments involving quantum encryption technology. HSBC has become the inaugural bank to pledge its participation in...