Saturday, October 23, 2021

EOS under fire over claims its ICO was a shady “pump scheme”

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During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated Proof-of-Stake (DPoS)...

Ripple (XRP) boss agrees the securities lawsuit has backfired on the SEC

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In reference to the unfolding SEC lawsuit, Ripple CEO Brad Garlinghouse doesn’t hold back in framing the case as farcical. Specifically, he referred to the upholding of impossible fair notice...

Ripple wants to know the XRP dealings of SEC employees

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The ongoing SEC vs. Ripple lawsuit sees the defendants file a motion to compel the U.S securities regulator to produce documentation regarding its “trading preclearance decisions” for XRP, Bitcoin, and...

Anti-Bitcoin protests are ongoing in El Salvador ahead of legalization

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The citizens of El Salvador took to the streets to protest the adoption of the country’s new Bitcoin law on Friday. According to a report from Euronews, hundreds of demonstrators...

Cuba jumps on Bitcoin (BTC) bandwagon. Considers legal recognition

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Argentina president weighs Bitcoin legalization. But his government doesn’t agreeIn a recent interview, the President of Argentina Alberto Fernandez said he sees no reason to push against crypto, but in...

Binance woes continue as UK watchdog warns of failure to comply

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U.K monetary watchdog, the Financial Conduct Authority (FCA), said Binance “is not capable of being effectively supervised.” Adding that, within the context of offering complex and high-risk financial products, this...

24 crypto exchanges in Korea face regulatory death knell

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33 face heat in Korea over alleged $1.48 billion in crypto transfersSeoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1.69 trillion...

Cardano Foundation (ADA) signs on Coinfirm to comply with FATF norms

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Cardano Foundation is an independent non-profit that supervises the advancement of Cardano (ADA), while protecting and promoting the protocol’s technology.The Swiss-based foundation recently announced that it has selected a major...

Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries

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El Salvador adopting Bitcoin (BTC) as a parallel legal tender to the US dollar in September could substantially lower the costs of remittances that are a vital source of income...

Crypto sees potential trouble as US blocks changes to infra bill

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The House Rules Committee has blocked infrastructure bill changes and voted 220-212 to lock in the procedure, with a resolution approved on Tuesday afternoon. The Committee that determines the rules of...

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