SEC denies Ripple’s request for documents on ‘trading policies governing digital assets’
Despite what appeared to be an apparent victory for the SEC, Ripple’s request for records detailing the watchdogs’ “trading policies governing digital assets” was denied by Judge Sarah Netburn. It was stated in the ruling provided by attorney James K. Filan that the defendants were not permitted to obtain access to documents that would prove […]
U.S. 2016 cryptsy victims to get additional compensation
U.S. cryptsy victims who lost money in 2016 may be eligible for further recoupment, according to the FBI. Following the demise of cryptocurrency exchange Cryptsy , some former customers of the platform received a notice last week advising them of a new development in the continuing class-action lawsuit settlement process. The document, which was authorized […]
Interest in Dogecoin Wanes as Daily Transactions Reach Multi-Year Low
With its eye-watering gains earlier this year, Dogecoin captured the hearts and minds of the financial community. However, in recent months, Dogecoin’s popularity has fallen precipitously. According to CryptoCompare, a cryptocurrency market statistics source, the number of daily transactions on its network has decreased to barely 18,000. In April, it reached a peak of more […]
1inch Network Expands operations to Arbitrum to Reduce Transaction Costs
1inch Network, a well-known decentralized cryptocurrency exchange aggregator, will be extending to Arbitrum in the near future. The 1inch team stated that the move is intended to cut transaction costs while simultaneously increasing throughput and withdrawal speeds. It allows developers to cross-compile contracts for use on Arbitrum, which is an Ethereum scaling solution created using […]
Crypto Twitter cries foul after the discovery that NBA star John Wall’s NFT has a Fortnite background
The firm behind NBA Houston Rockets player John Wall’s NFT may have blatantly stolen from one of the popular online game Fortnite’s backgrounds. On Sept. 21, Wall announced that he would produce a line of “Baby Baller” non-fungible tokens, to raise $100,000 for charity and the “Ballers community.” However, social media fans were quick to […]