Legal actions against crypto firm Binance have become one of the significant events in the crypto news this week. The news has caused a wave of consequences that could significantly impact the company's performance.
ADA, the native cryptocurrency of Cardano, is now among a list of 61 cryptos classified as securities. A legal expert believes that the reasons behind this SEC classification don't hold up. Here's his analysis.
The legal battle initiated by the SEC against Coinbase and Binance is significantly harming the crypto industry. Some experts believe that it exacerbates the already existing risks in this sector, to the detriment of users who now have to think about protecting their interests.
There's no doubt that the SEC lawsuits have cost the crypto firm Ripple a fortune. But what about the financial consequences of this case for XRP users and enthusiasts? That's the question addressed in a recent report by Valhil Capital.
Ever since El Salvador made Bitcoin an official currency within its territory, the country has been facing a campaign of distrust and surveillance from the United States. Without hiding their deep unease, the Joe Biden administration has implemented legal measures to protect the American financial system from the repercussions of the Salvadoran government's decision. Why do the USA feel threatened, and what actions have they taken in response? Find all the answers in this article.
Following the success of Shapella, Vitalik Buterin has announced the arrival of other projects that will complement The Merge. After several months of behind-the-scenes work, the co-founder of one of the world's most popular blockchains is unveiling a new roadmap in which he outlines three major technical transitions. Details in this article.
The conversational AI, ChatGPT, is an unprecedented technological revolution. Since its launch, this artificial intelligence has been setting one record after another. The crypto sector is not immune to this momentum.
The European banking sector may witness new laws in the coming days. EU policymakers, who have never hidden their desire to regulate this sector, particularly banks' access to cryptocurrencies, are taking a giant leap and could see their dream become a reality soon. Governments across the European Union are now all in favor of strict restrictions on bank capital, a decision that could directly impact two prominent cryptos.
Last Tuesday, the SEC, through its chairman, Gary Gensler, filed legal proceedings against the crypto platform Coinbase. The case could see its first twist as Coinbase claims to have evidence of potential bad faith on Gary Gensler's part in this matter.
The man who predicted the fall of the United States and the European Union in 2022 has now made statements about the fate of the American banking system and Bitcoin. In a new essay, Arthur Hayes, co-founder and former CEO of BitMex, has made negative prophecies concerning the global finance.
The ongoing legal battle between the SEC and Ripple remains at the forefront of discussions within the crypto community. American attorney and founder of CryptoLaw, John Deaton, recently shed light on the case in an exclusive interview on the “Good Morning Crypto Show” of the 3T Warrior Academy. According to Deaton, the chances of XRP emerging victorious from this legal battle stand at 75%.
Nine countries led by Iran launch an alternative to the SWIFT network. Simultaneously, BRICS discusses the end of the dollar in Cape Town.
For the famous entrepreneur and investor, it is Ethereum that is attracting many new users to cryptocurrencies. The promoter of Bitcoin Cash (BCH) snubs bitcoin and highlights the advantages of Ether, a digital currency in which he has high hopes.
“Damn, all the hard-earned money disappeared in an instant on Atomic Wallet,” a user expresses indignation on Twitter. Every hacking, scam, and rug pull always has its victims. And we are still far, very far, from the end of these malicious acts.
The crypto community is in a frenzy. Indeed, several experts, including Ripple CEO Brad Garlinghouse, believe that the Ripple vs. SEC trial in the United States could wrap up this month. Ripple holders are eagerly hoping for this outcome.
According to Brian Armstrong, CEO of Coinbase, China could benefit from the restrictive laws imposed by the United States on the cryptocurrency industry. “The United States and other democratic nations are facing digital systems promoted by an ambitious adversary, China,” he said.
Over the past two weeks, Ledger, a crypto security firm, found itself at the center of a major controversy. This controversy revolved around the new product called Ledger Recover. It is an optional update presented as a useful tool for recovering lost wallet keys. However, Ledger users were not pleased with this technical evolution. They suspected that the company was violating their fundamental right to privacy.
Following in Iran’s footsteps, it will soon be Russia turn to use Bitcoin to bypass sanctions that prevent it from conducting international transactions. Bitcoin, Da? The Russian government has shown a keen interest in Bitcoin since its banks were disconnected from the SWIFT network. Acting stealthily, the Ministries of Finance…
Bitcoin (BTC) is currently navigating troubled waters, with foreign exchange reserves experiencing a significant decline at the beginning of the month. However, despite this price drop, new data from the blockchain analytics platform, CryptoQuant, suggests a possible bullish run for the queen of cryptocurrencies.
The crypto market has promising days ahead. At least, that's what Changpeng Zhao, CEO of Binance, the world's largest cryptocurrency exchange in terms of trading volume, claims. In a recent interview with Bankless, Zhao predicted a series of successes for the industry and highlighted potential future scenarios. Let's briefly decipher his statements.
Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, has surpassed its previous all-time market cap high of $83.2B set in May 2022.
Binance announces the delisting of twelve cryptocurrencies under French regulatory pressure. Monero is among them.
Hinman's emails, the former head of the SEC, are crucial in its lawsuit against Ripple. It is believed that they could contain the evidence that settles the debate on the nature of XRP, Ripple's native asset. However, access to these emails has been blocked by the court. But this lock could potentially be fully lifted.
Launched only in 2020, Solana is one of those layer 1 blockchains that already enjoys a certain level of recognition in the crypto market. In an interview, its co-founder even goes as far as declaring that Solana has the potential to be the Apple of crypto.
Cardano has been experiencing turmoil and a rollercoaster-like evolution since the beginning of the year, which led some observers to believe that the project still held promise. Is that still the case?
Several analysts are betting on the SEC's defeat against Ripple after a long and tough legal battle. We just have to wait for Judge Torres' verdict, which they believe will favor Brad Garlinghouse's company. As this case approaches its conclusion, crypto investors see positive signs everywhere. The robust performance of XRP and the enthusiasm of whales for this cryptocurrency speak volumes on the matter.
In a recent interview on the Bankless podcast, Changpeng Zhao, the CEO of Binance, shared his perspective on the crypto industry and the current market. During the conversation, he addressed the persistent rumors (FUD) surrounding his company. Additionally, Zhao provided insight into the next major trend in the crypto space. Let's delve into the details of this interview.
Hyperbitcoinization is a concept that has been theorized by some of Bitcoin's most ardent supporters. It refers to a hypothetical state where Bitcoin would be universally accepted as currency. Is this truly credible, and what would be the consequences for the global economy?
Never before have so many bitcoins stayed with the same owners for such a long time. Everyone is eagerly awaiting the halving.
In the tumultuous arena of cryptocurrencies, Bitcoin reigns supreme. However, its omnipresence is starting to reveal itself in an unexpected light: it has become a key player in divorce proceedings. The consequences of this intrusion into the marital sphere are raising new legal and ethical questions.