Binance and SEC Lawyers Clash: Intense Arguments Over Crypto as Security
Following an argument over whether or not particular tokens qualified as securities, attorneys for Binance requested that the court dismiss the case.
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BIS Unveils Ambitious 2024 Roadmap with CBDCs and Tokenization Projects
The BIS Innovation Hub will introduce a blockchain-based tokenization project and move forward with the second phase of its CBDC privacy testing.
Abra Settles Lawsuit, Investors Can Access $13M in Frozen Crypto
Key Takeaways Cryptocurrency lending platform Abra has resolved a legal dispute with the Texas State Securities Bureau (TSSB), paving the way for over 12,000 investors to withdraw approximately $13 million worth of previously frozen cryptocurrency. The settlement, which concluded on…
SEC Reveals X Account Hack Caused by ‘SIM Swapping’
Key Takeaways In a surprising update, the U.S. Securities and Exchange Commission (SEC) shed light on the recent breach of its official Twitter account (formerly X), attributing the incident to a SIM swap attack. This disclosure unravels the mystery surrounding…
FTX Sells Nearly $1 Billion in GBTC Shares
Key takeaways: In a recent development, defunct cryptocurrency exchange FTX has reportedly offloaded nearly $1 billion worth of shares in Grayscale’s GBTC fund since the launch of the firm’s instrument as a spot bitcoin ETF. According to CoinDesk, which cited…
B. Riley Financial Faces SEC Scrutiny Over Securities Fraud
Key takeaways: In a recent development, US authorities are reportedly investigating B. Riley Financial Inc.’s transactions with a key client who has alleged connections to securities fraud. The investigation revolves around the use of the client’s assets to secure a…
OP Crypto Looking strong for a Rally!
OP Crypto Price Prediction OP crypto has been trading in a narrow range between $2.91 and $4.30 in the past week, with a slight downward trend. The candlestick chart shows that OP crypto has been forming lower highs and lower…
Coinbase Challenges US GAO’s Crypto Sanctions Stance: CLO Takes a Stand
Paul Grewal took a harsh stance against the US GAO for its latest study on the usage of cryptocurrencies to circumvent sanctions.
Trezor Reveals Impact of Phishing Attack: 66K Users Exposed to Security Breach
Trezor announced that it had discovered a security vulnerability that resulted in the exposure of over 66,000 customers' contact details.
US Virginia Senate Bill Proposes Favorable Rules for Crypto Mining
Key Takeaways Saddam Azlan Salim, a state senator in Virginia, has presented Senate Bill 339 (SB 339), aimed at preventing state authorities from hindering citizens in engaging in various cryptocurrency and bitcoin-related activities. Introduced on January 9, the bill addresses…
