The recent unanimous decision by the U.S. Supreme Court against Coinbase Inc. dealt with an arbitration dispute stemming from the cryptocurrency exchange’s 2021 Dogecoin sweepstakes. The ruling clarified the importance of determining which legal agreement takes precedence when parties are governed by multiple contracts. This decision highlighted the necessity for courts to establish which contract
Coinbase has accused the SEC of attempting to evade established legal tests by overlooking the question of whether digital asset transactions that do not entail any post-sale obligations can be considered investment contracts. In a recent motion filed with the US District Court for the Southern District of New York, the exchange argued that the
The Dogeverse (DOGEVERSE) presale is quickly approaching its conclusion, with investors having until 10 am UTC on 3 June 2024 to participate. This presale offers a unique opportunity to get in on the ground floor of a multi-chain offering, the $DOGEVERSE meme token, which has already raised over $15 million, highlighting its popularity and potential.
OpenSea has recently introduced the “Get Based” series, a project aimed at shining a spotlight on artists working within Coinbase’s Base network, a Layer 2 solution for Ethereum. This initiative plans to feature the works of up to 15 artists over the course of the summer, with the first installment focusing on a reimagined piece
The cryptocurrency market is abuzz with anticipation as the approval of spot Ethereum ETFs looms on the horizon. Thomas Fahrer, the co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics that could unfold following this approval. Fahrer’s insights have sparked a debate within the crypto
The U.S. District Court for the Western District of Texas recently ruled in favor of the Securities and Exchange Commission (SEC) in a case against crypto influencer Ian Balina. The court found that Balina had offered and sold SPRK Tokens as securities in unregistered transactions, thus violating US securities laws. The SEC’s complaint, filed on
Bitcoin, the leading cryptocurrency, has been the subject of much speculation and analysis in recent times. A crypto analyst known as ‘CrediBullCrypto’ has put forth a bold prediction of an ‘ultra bull scenario’ for Bitcoin, with potential price targets exceeding $80,000 in the near future. This forecast is based on key support levels and technical
In a recent decision, the United States House of Representatives voted to block the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) directly to its citizens. This move has sparked a heated debate within Congress, with strong opinions on both sides of the issue. The bill, known as the CBDC Anti-Surveillance State Act,
Some recent developments in the crypto world have caught the attention of investors, particularly regarding the Floki Inu (FLOKI) holders’ shift towards a new ICO called 5thScape. This movement signifies a potential opportunity to secure 1,700% gains with the new project. The FLOKI price has been in the spotlight after reaching multi-week highs, but the
Amidst rumors circulating on social media about Bybit crypto exchange’s alleged insolvency, CEO Ben Zhou has stepped forward to firmly deny these claims. The speculations began to surface this week, originating from obscure social media accounts. One user even suggested that a bug in a proof-of-reserves graph from Arkham Intelligence may have triggered the rumors.
