Tuesday, July 27, 2021

Ripple transfers 60 million XRP even as US SEC lawsuit crawls on

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To bolster its fair notice defence in a lawsuit filed by the Securities Exchange Commission (SEC), Ripple (XRP) claims two of their sitting Commissioners have spoken out about the lack...

Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto while USDC gets auditor...

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Triggered by this week’s sell-offs, Jim Cramer expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets.“Tether, which is the giant stablecoin, could...

In throwback to Coinbase boss warning, the EU now looking to ban anonymous crypto...

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The EU is looking at stricter crypto controls under the guise of preventing money laundering and terrorist financing.Last year, Coinbase CEO Brian Armstrong raised concerns over rumors the U.S Treasury...

SEC lays the smackdown on alleged $12 million crypto scam ‘Profit Connect’

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The U.S Securities and Exchange Commission (SEC) takes action against alleged crypto fraud perpetrated by Profit Connect Wealth Services Inc.Through an emergency action filing, the U.S securities regulator obtained a...

Agreement to reschedule deposition on Ethereum and XRP 

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Ripple insists on deposing former high-ranking SEC official as part of XRP lawsuitRipple Labs, the blockchain company behind the XRP token that is currently locked in a $1.3 billion legal...

Crypto bank BlockFi faces regulatory block in New Jersey

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The New Jersey Bureau of Securities has filed a cease and desist order against cryptocurrency lending company BlockFi, prohibiting it from accepting new clients for the firm’s Interest Account service...

No shilling Dogecoin or Shiba Inu? How TikTok’s crypto ban helps the space

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Celebrities shilling meme coins like Dogecoin, Shiba Inu, and Baby Doge Coin became a recurring theme throughout 2020 as the crypto markets rose. It initially came off as a real...

US Feds want to tame ‘wildcat’ stablecoins like Tether and USDC

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A research paper titled “Taming Wildcat Stablecoins,” published in the Social Science Research Network (SSRN) by a professor of finance at Yale, Gary Gorton, and the US Federal Reserve attorney...

After UK and Cayman Islands, Binance now faces regulatory concerns in Italy

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Regulatory pressure surrounding Binance keeps increasing as Italy joins the club of jurisdictions that issued notices referring to the biggest crypto exchange by trading volume.Italian government authority, responsible for regulating...

Ripple (XRP) scores as judge orders former SEC Director to testify

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In the ongoing SEC vs. Ripple case, Judge Netburn has ruled that former SEC Director William Hinman will testify under oath.Having filed charges against Ripple in late December 2020, the...

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