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SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
The lawyers representing the United States Securities and Exchange Commission (SEC) have contended that the additional documents submitted by Dentons, the legal counsel for Terraform and Do Kwon, in support of their motion to dismiss the…
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BlackRock’s Bitcoin ETF ‘is the best thing to happen’ to BTC, or is it?
BlackRock’s latest filing for a spot Bitcoin (BTC) trust will drive investors’ confidence in Bitcoin and may even be “the best thing that could happen” to BTC, according to some crypto industry observers — but others warn of a hidden…
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Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report
According to a new report published by blockchain analytics firm Nansen on June 14, most reputable cryptocurrency exchanges adopted user protection funds amid the collapse of FTX. Together, exchanges such as Binance, OKX and Bitget have…
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Puma launches metaverse experience: Nifty Newsletter, June 7–13
In this week’s newsletter, read about footwear giant Puma’s new metaverse experience for Puma Pass nonfungible token (NFT) holders. Check out Meta CEO Mark Zuckerberg’s comments on the new Apple Vision Pro headset, and how NFT platform…
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EU lawmakers vote for landmark AI regulation
The European Union Parliament has voted in favour of an AI Act.
If ratified, the law will require AI systems like…
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The World’s Most Successful Tech CEOs Remain Bullish on Bitcoin
Bitcoin’s recent tumultuous ride in the crypto market, marked by an alarming 4.11% drop that saw the price dip below $25,000, might be causing some market watchers and investors to break into a cold sweat.
Still, while fear permeates…
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North Korean hackers swipe over $100M from Atomic Wallet users
Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto…
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Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its BNB (BNB) token.The rumors have come from several market commentators, including…
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Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
Cryptocurrency payments service provider Ripple continues to see global adoption of its payment services despite a long-winded legal battle with the United States Securities and Exchange Commission (SEC) over its XRP (XRP) token.In a…
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SEC Chief Gary Gensler Called BTC, ETH ‘Not Securities’ in 2018
A newly-surfaced video that dates back to 2018 showed that the current Chairman of the US Securities and Exchange Commission (SEC) – Gary Gensler – classified several cryptocurrencies, including Bitcoin (BTC) and Ether…
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