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Blockchain
Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
Cryptocurrency exchange Bittrex has submitted a motion to dismiss in its legal dispute with the United States Securities and Exchange Commission (SEC).In its recent court filing, Bittrex argues that the SEC does not have the authority to…
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Celsius Network approved to convert altcoins into BTC or ETH
The United States Bankruptcy Court for the Southern District of New York has approved bankrupt crypto lender Celsius Network’s plan to convert its altcoins into Bitcoin (BTC) and Ether (ETH).The order was issued by Judge Martin Glenn,…
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SEC to present response to Coinbase’s legal defense on July 13
The United States Securities and Exchange Commission (SEC) will present its response to Coinbase’s first legal defense on July 13, according to a court order issued on Thursday, June 29.In a legal document filing, the SEC submitted a…
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Canadian committee proposes measures to support blockchain, crypto
Canadian lawmakers in the House of Commons have shown their support for blockchain technology and cryptocurrencies in a report released by the Standing Committee on Industry and Technology (INDU).The report, which consists of 16 separate…
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Voyager to pay $1.1M in legal fees incurred in April
Bankrupt crypto brokerage Voyager Digital is obligated to pay $1.1 million to its legal adviser, Kirkland & Ellis, for fees and expenses associated with its involvement in the company’s bankruptcy proceedings in April.According to…
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100 tokenized Teslas ‘democratize’ and ‘decentralize’ Web3 ride sharing
A Vienna-based car-sharing service company has outfitted nearly half of its 200+ fleet of cars with blockchain-based self-sovereign IDs for tokenization purposes.On June 27, the car-sharing service Eloop and the Peaq Network — a Web3…
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Blockchain Aus CEO hammers ‘regulation by enforcement’
Blockchain Australia’s new CEO Simon Callaghan hopes the Federal Government will take its cues on crypto regulation from the United Kingdom, Hong Kong, and Singapore — and definitely not the United States.In his new position, Callaghan…
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Terra Allies’ Six Samurai team aims to revive the ecosystem
After a joint governance proposal on liquid staking derivatives in Terra Classic (LUNC), a new proposal emerged for the next quarter suggesting the formation of a dedicated team consisting of six senior full-stack engineers.The Terra…
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Shiba Inu burn Twitter account experiences suspension
The Shiba Inu (SHIB) burn tracker Twitter account, Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended. This suspension has garnered attention because the account holders had reached out to…
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JPMorgan bank deploys JPM Coin for euro-denominated payments
The United States-based investment bank JPMorgan is expanding the implementation of one of its major blockchain projects, JPM Coin, into traditional banking.JPMorgan has deployed its blockchain-based payment system, JPM Coin, to…
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