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Judge Torres Denies SEC’s Request District Judge Analisa Torres has rejected the Securities and Exchange Commission’s (SEC) request to certify an interlocutory appeal in the ongoing legal battle with cryptocurrency firm Ripple. The judge’s decision was based on her belief that the appeal wouldn’t significantly expedite the resolution of the lawsuit. In addition to denying…
CZ Rejects SBF’s $40M Offer to Create Futures Exchange Binance CEO Changpeng “CZ” Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange, as revealed in Michael Lewis’ book “Going Infinite.” This proposal was a departure from Binance’s existing model, which focused on…
So, as the cryptocurrency space keeps growing, a lot of organizations and big institutions are beginning to set their sights on the industry. Over the past few years, there has been an influx of hedge fund investment in the crypto space, and in this article, we will be talking briefly about crypto hedge funds…
Ethereum Staking Platforms Liquidity Surge Ethereum’s liquid staking platforms are witnessing remarkable growth, with the addition of 640,000 ETH, valued at approximately $1.04 billion, in just the last 20 days. Among the 23 decentralized finance (DeFi) protocols offering liquid staking, the top five have reported substantial gains over the past 30 days. Lido, one of…
Walmart Metaverse Retail Ambitions Walmart’s vision for the future of retail involves a transformation that melds physical and virtual shopping experiences. The retail giant is set to revolutionize the way customers shop by allowing them to purchase real-world versions of items they encounter or use in the House Flip virtual environment. Walmart’s strategy includes integrating…
Three Arrows Capital Founders Hit With Ban Source: Coindesk The Monetary Authority of Singapore (MAS) has imposed a nine-year prohibition order on the founders of Three Arrows Capital, effectively barring them from engaging in Singapore’s regulated financial services industry. This order extends to Su Zhu and Kyle Davies, preventing them from participating in any regulated…
Binance Ceo Resigns Source: Bloomberg Binance.US, the American arm of the crypto trading platform, is undergoing significant changes as its CEO, Brian Shroder, steps down from his role. Shroder has been succeeded on an interim basis by Norman Reed, who previously served as the Chief Legal Officer, according to a company spokesperson. This leadership transition…
Introduction In recent headlines, the cryptocurrency community was rocked by the news of the collapse of the Turkish cryptocurrency exchange THODEX and the subsequent arrest and sentencing of its CEO, Faruk Ozer. This article delves deep into the intricacies of the THODEX scandal, shedding light on the events leading up to Ozer’s imprisonment, the impact…
Korean Asset Management Giant Mirae Ventures into the Future: Partners with Polygon Labs for a $500 Billion Securities Tokenization Initiative” Source: Coindesk Mirae Asset Securities has teamed up with Polygon Labs, a scaling solution for Ethereum to create a tokenized security network and accelerate the adoption of Web3 technology. Mirae Asset Securities (South Korea’s largest…
So imagine going to the bank to keep your valuables, such as gold bars, chains, and expensive jewelry, in the vault, believing it is secure and safe there. This is similarly applicable when it comes to storing your crypto assets. As the cryptocurrency industry is fast growing, more and more individuals are beginning to embrace…
Bitget Makes Shocking Announcement Users Must Complete Level-one KYC Verification Before October 1st Bitget is a place where you can trade cryptocurrencies. With the new Bitget Kyc Verification, they want to make sure everyone is safe, so they are making their rules stricter. [ez-toc] People sometimes do bad things with cryptocurrencies, so exchanges are making…
Shiba Inu, a digital token, disappoints its investors by experiencing an 8% decline in value after the shibarium mainnet launch. Here’s What We Know This event was expected to boost the token’s value, but instead, it faced technical problems that hindered its growth. Shiba Inu’s price dropped below $0.00001, contrary to what investors had hoped…
In this article, we will delve into the importance, benefits and examples of these crypto trading mentorship programs, emphasizing how they have become invaluable resources for both novice and experienced crypto traders alike. The Importance and Benefits of Crypto Mentorship Programs As the world of cryptocurrencies continues to evolve, the need for proper guidance and…
Binance, one of the leading cryptocurrency exchanges, has made an exciting announcement regarding its expansion into the Japanese market. The company revealed its plans to launch a new Binance platform, dedicated to crypto trading in Japan that will fully comply with local regulations. This move aims to tap into the growing interest in cryptocurrencies within…
