Tag: Altcoin News

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JPMorgan Report: Hinman Documents in SEC-Ripple Case Strengthen Ether

June 19, 2023

JPMorgan believes the release of the Hinman documents in the ongoing legal battle between Ripple and the US Securities and Exchange Commission could benefit ethereum (ETH).  In a Thursday research report, JPMorgan analyst Nikolaos Panigirtzoglou wrote that the internal SEC messages related to a 2018 speech by former Director William Hinman suggest ether did not look like a security…. Read More: JPMorgan Report: Hinman Documents in SEC-Ripple Case…
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Crypto.com Internal Trading Teams Prompt Concerns Over Conflicts of Interest

June 19, 2023

Major cryptocurrency exchange Crypto.com has come under scrutiny for deploying internal teams to trade tokens for profit.  The Singapore-based group reportedly operates proprietary trading and market making teams, which has raised concerns about potential conflicts of interest, the Financial Times reported, citing people familiar with the matter. … Read More: Crypto.com Internal Trading Teams Prompt Concerns Over Conflicts of…
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Today in Crypto: IMF Will ‘Pursue Relentlessly’ CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down

June 19, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: IMF Will ‘Pursue Relentlessly’ CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down  Read more »Sign up…
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Elon Musk’s ‘Scam Crypto’ Claim Leads to Suspension of AI Bot on Twitter – What’s Going On?

June 19, 2023

Twitter suspended the account of the popular memecoin-linked AI-powered bot “Explain This Bob” after Elon Musk called it a “scam.” The tech guru claimed the account was a scam in a Sunday tweet. “This sure looks like a scam crypto account. If so, it will be suspended,” Musk said in response to a tweet by the bot.  The…
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Terra’s Do Kwon Blames ‘Chinese-named Agency’ for ‘Fake Passports’

June 19, 2023

Do Kwon, the Terraform Labs founder and CEO, has told a Montenegro court that he did not know the “fake” travel documents he was allegedly trying to leave the country with were forged – and blamed a “Chinese-named agency.” Per the South Korean media outlets Segye Ilbo and MBN, Kwon told a District Court in…
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Binance BUSD Drops $1 Billion in Market Cap, Falls to Fourth Among Stablecoins – What’s Going On?

June 18, 2023

Binance-branded BUSD stablecoin has lost another $1 billion in market cap, descending to the fourth position among stablecoins. The Binance USD (BUSD) stablecoin currently has a market cap of around $4.3 billion, down from $5.5 billion a month ago, data by CoinMarketCap shows. This places BUSD in fourth position among stablecoins and right behind decentralized stablecoin DAI, which…
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Cardano Founder Charles Hoskinson Joins Search for Aliens and UFOs

June 18, 2023

The founder of Cardano, Charles Hoskinson, has confirmed on Twitter that he is part of an expedition that is searching for a “meteor of interstellar origin” that crashed onto Earth from outer space in 2014. The United States Department of Defense verified the origin of the meteor back in 2019, and the search for it…
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Binance.US Avoids Total Asset Freeze Through Agreement with SEC

June 18, 2023

Binance.US and the US Securities and Exchange Commission have agreed on a compromise that avoids the freezing of the exchange’s assets. On Saturday, US Judge Amy Berman Jackson approved an agreement between the two, dismissing a previous temporary restraining order (TRO) that would freeze all Binance.US assets. … Read More: Binance.US Avoids Total Asset Freeze Through Agreement with SEC  Read more »Sign…
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BlackRock vs Grayscale: Experts Highlight Key Distinctions Between Bitcoin Trusts

June 17, 2023

BlackRock has recently filed an application for a spot Bitcoin ETF with the Securities and Exchange Commission. While some might think that the investment giant is applying for an ETF or a trust with properties similar to the Grayscale Bitcoin Trust (GBTC), there are certain distinctions between the two products. … Read More: BlackRock vs Grayscale: Experts Highlight Key Distinctions…
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On-Chain Detective ZachXBT Slapped with Defamation Lawsuit

June 17, 2023

Prominent on-chain detective ZachXBT has been sued by NFT trader MachiBigBrother, otherwise known as Jeffrey Huang. Huang alleged ZachXBT defamed him by publishing a report last year that claimed Huang embezzled tens of millions of dollars worth of crypto from unsuspecting NFT users, the crypto sleuth said in a Friday Twitter thread. … Read More: On-Chain Detective ZachXBT Slapped with Defamation Lawsuit  Read…
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