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BarnBridge Token Holders Unanimously Vote on SEC Compliance
BarnBridge is the latest crypto project that found itself entangled in legal proceedings initiated by the US Securities and Exchange Commission (SEC). With potential financial penalties on the horizon, the project turned…
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Coinbase continues push to compel SEC to act on crypto rulemaking petition
Coinbase has doubled down on its push for a court order compelling the United States Securities and Exchange Commission (SEC) to act on the firm’s crypto rulemaking petition. Coinbase wants a mandamus issued within 30 days to compel the…
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Ferrari To Take Bitcoin Payments From US Car Buyers
Luxury car manufacturer Ferrari is accelerating into cryptocurrency by accepting Bitcoin and other digital assets as payment for its vehicles in the United States.
Ferrari announced its intention to welcome cryptocurrency payments for…
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What is blockchain network congestion?
Blockchain network congestion, explained Blockchain network congestion refers to a situation where the number of transactions exceeds the network’s capacity, resulting in processing…
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NFTs aren’t dead — they’re just resting
Headlines predicting the death of Bitcoin are nothing new. Over the past decade, we’ve seen every permutation of why “Bitcoin is dead” imaginable, yet the current crypto winter has brought very few of these dire proclamations. It seems a…
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Sam Bankman-Fried’s legal team moves to pursue theory on FTX terms of service
Lawyers representing former FTX CEO Sam “SBF” Bankman-Fried are seeking to bring up certain information from the crypto exchange’s terms of service during witness testimonies.In an Oct. 12 filing in United States District Court for the…
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Bitcoin Remains Flat Despite US CPI Numbers for September Being Higher Than Estimated
According to the most common expectations, the September CPI numbers in the United States should have notched a year-over-year (YoY) increase of 3.6%.
The actual figures were indeed in that range, causing little-to-no…
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Trader swaps 131K stablecoins for $0 during USDR depeg
During the crisis on Oct. 11 involving real-estate-backed U.S. dollar stablecoin Real USD (USDR), a trader appears to have swapped 131,350 USDR for 0 USD Coin (USDC), resulting in a complete loss on investment.According to the Oct. 12…
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ThorChain Hits Record-Setting $355 Million Trading Volume in a Day
ThorChain, a decentralized liquidity protocol, reported a record-breaking transaction volume on Oct. 5, with the number surging to $355 million in a single day, marking an all-time high.
This noteworthy event is part of…
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CFTC announces lawsuit against Voyager Digital and former CEO
The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital.In an Oct. 12 announcement, the CFTC said it had filed a lawsuit in U.S.…
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