Crypto memes can be considered financial promotions, says UK watchdog
Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal...
Day: July 17, 2023
Chainlink launches cross-chain protocol bridging blockchain to TradFi
Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol. The...
Cathie Wood very positive on Coinbase after Ripple court ruling
The Ark Invest CEO said the recent Ripple court ruling is a major win for crypto exchanges. Cathie Wood, the...
Multichain saga screws users, Binance fires 1,000 staff: Asia Express
The Multichain saga includes secret arrests, a suspicious exploit, and one man allegedly in control of $1.5B. Plus, Binance fires...
Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration
Gensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would...
Bitcoin price falls under $30K as macro and regulatory worries take center stage
As investor’s euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact BTC price. Multiple data points point...
Ripple court ruling makes call for regulation ‘more compelling and more urgent’ — former CFTC chair
Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for...
Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17
Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which...
Inflows into crypto investment funds rise as Bitcoin carries 99% of the load
However, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date. Bitcoin...
XRP tops BTC in trading volume as it continues to savor partial victory in SEC suit
XRP gained 1% over Bitcoin in volume between June 17 and July 17, with U.S. exchanges listing it again and...
Ripple XRP Rallies 50% After Favorable Court Ruling, ETH, SOL, SNX, Jul. 17
XRP The price of Ripple XRP was 58% higher over the last week after a court ruling said it was...
Proto-Danksharding Is Going to Change Ethereum Completely—And for The Better
Last year, Ethereum faced a seemingly impossible task – migrating from the Proof of Work consensus algorithm to the Proof...
SEC vs Ripple referred to judge who ordered release of ‘Hinman Documents’
Judge Analisa Torres has sent the remaining issues in the SEC versus Ripple case to Magistrate Judge Sarah Netburn. The...
Price analysis 7/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, ADA, DOGE, MATIC
Bitcoin bulls have failed to step in, increasing the chance for a retest of the $29,500 support. Bitcoin remains stuck inside...
Binance cuts back on employee benefits, citing ‘decline in profit’: Report
The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses including use of mobile phones, fitness, and working...
