The recent ruling by the U.S. District Court for the District of Utah saw the dismissal of the Securities and Exchange Commission’s (SEC) case against Digital Licensing, operating as Debt Box. The judge also ordered the SEC to pay around $1.8 million in attorney and receivership fees. Debt Box confirmed the dismissal in a post
admin
Cryptocurrency analyst Nick from the Cheeky Crypto YouTube channel recently made a bold prediction for Cardano (ADA), suggesting that the price could reach $38 in the future. While acknowledging that this might not happen in the immediate future, Nick pointed towards Cardano’s technological advancements as a key factor that could drive the price of the
There has been recent speculation by Bloomberg ETF analyst, Eric Balchunas, that US spot Ethereum ETFs could potentially launch in June. Balchunas has suggested that there is a legitimate chance that these spot Ethereum ETFs will be up and running by the end of June, although he believes an earlier mid-June launch is unlikely. Balchunas’
In a recent move, SEC commissioner Hester Peirce has put forward a proposal for the establishment of a shared digital securities sandbox between the US and the UK. This initiative aims to extend the existing joint digital securities sandbox (DSS) operated by the Bank of England and the Financial Conduct Authority (FCA) to include US
In recent times, there has been a surge in the launch of meme coins, many of which come with questionable ties. Lookonchain’s data sheds light on the risks associated with trading meme coins, especially those backed by celebrities. The latest instance involves American celebrity Caitlyn Jenner’s JENNER token, introduced on the Solana blockchain. Despite concerns
Recently, a crypto strategist known as Xanrox accurately predicted the current Bitcoin downtrend, suggesting that the decline in the crypto market may only be just beginning. Even when the market was euphoric with Bitcoin climbing above $70,000, Xanrox foresaw a possible price decline. This prediction was based on Xanrox’s analysis on the TradingView website, where
In the realm of digital assets, SEI NFTs have emerged as a game-changer for artists, gamers, and collectors. Powered by an open-source Layer 1 blockchain, the Sei Network is making significant strides in the NFT space by offering low transaction fees, robust security, and fast transactions. What sets SEI NFTs apart is their focus on
Blockchain analysis firm Nansen recently revealed that DBS Bank, a prominent banking institution in Singapore, has garnered attention in the cryptocurrency space as a significant player. The bank is said to own a crypto wallet containing 173,753 Ether (ETH), valued at approximately $650 million. This revelation has sparked interest in the crypto community, prompting discussions
XPLA, a prominent player in the web3 gaming ecosystem, has recently partnered with Com2uS Group to introduce its own layer 2 chain, XPLA Verse, on the Oasys blockchain. This collaboration marks a significant milestone in the world of blockchain gaming, bringing together popular titles such as “Summoners War: Chronicles” and “The Walking Dead: All-Stars” into
The surge in Ethereum whale activity in recent months has been a topic of significant interest in the cryptocurrency community. With on-chain data pointing to a substantial increase in holdings by wallets containing at least 10,000 ETH over the past 14 months, it is clear that the Goliaths of the crypto world are flexing their
