Coinbase challenges the SEC, demanding transparency on crypto enforcement costs. Shifts in SEC leadership suggest a more favorable regulatory landscape for the crypto industry. Following the recent legal battle, pro-crypto U.S. Senator Cynthia Lummis has filed an amicus curiae brief in support of Coinbase in its case against the SEC, which is now p
BDACS Partners With Ripple to Expand Institutional Crypto Custody in South Korea
BDACS partners with Ripple to expand institutional crypto custody in South Korea, integrating Ripple Custody for secure storage of XRP, RLUSD, and other digital assets. BDACS, South Korea’s first regulated custodian for institutional digital assets, has announced a strategic partnership with blockchain firm Ripple. This alliance aims to expand secu
Yuga Labs Announces SEC Closure of Investigation into NFT Firm
After conducting a thorough review, Yuga Labs announces that the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the company’s NFT platform. This news comes as a relief to the cryptocurrency community, as regulatory scrutiny can sometimes hamper innovation and growth in the industry. Yuga Labs’ NFT platfor
XRP ‘distribution’ hits record level as the altcoin trades below $3
XRP retraced most of its recent “Trump pump” and data shows whales selling their positions.
Bitcoin Miner MARA Reports 69% Revenue Surge in 2024 Amid BTC Rally
Bitcoin miner MARA reports a 69% revenue increase in 2024, driven by Bitcoin’s price surge and strategic expansion into AI and energy infrastructure. MARA’s Q4 Revenue Hits Record $214.4 Million Bitcoin mining firm Marathon Digital Holdings reported a 69% year-over-year revenue increase in 2024, reaching $656.4 million, compared to $387.5 million i
Forget Bitcoin And Ethereum — This Under-the-Radar XRP Rival Could Spark A 15,000% Rally
While Bitcoin and Ethereum continue to make headlines, a new contender with the potential to generate exponential gains is quietly gaining the crypto market’s audience. A formidable XRP rival, WallitIQ (WLTQ), is establishing itself as the upcoming crypto sensation. With its cutting-edge AI-powered strategy and solid technological foundation, the A
Bitcoin ETFs Face $755 Million Outflow Streak, Marking Seven Consecutive Days of Losses
Bitcoin ETFs face $755 million in outflows over seven consecutive days, while Ether ETFs see five days of losses, reflecting bearish investor sentiment. Bitcoin and Ether ETFs Experience Continued Investor Withdrawals Bitcoin exchange-traded funds (ETFs) recorded a seventh consecutive day of outflows on Wednesday, Feb. 26, with investors pulling ou
Yuga Labs Announces SEC Investigation Closure, Boosting NFT Firm’s Reputation
Yuga Labs has announced that the US Securities and Exchange Commission (SEC) has closed its investigation into the popular NFT platform. This news comes as a relief to many in the NFT community who have been concerned about potential regulatory issues surrounding NFTs. The SEC’s investigation into Yuga Labs was focused on whether or not […]
MEXC Invests $20 Million in USDe to Drive Stablecoin Adoption
MEXC invests $20 million in USDe to boost stablecoin adoption and DeFi innovation, launching a $1 million rewards campaign to drive user engagement. Crypto Exchange Aims to Expand DeFi Innovation with Strategic Investment of $20 Million MEXC, a global cryptocurrency exchange, has announced a $20 million investment in USDe, the Ethereum-based synthe
Yuga Labs says SEC has dropped its investigation into the NFT firm
Yuga Labs said the SEC has dropped its probe into the NFT conglomerate, which the agency first launched in late 2022.