Ripple Chief Legal Officer Gets Honored
The Burton Award 2023 in the ‘Legends in Law’ category was recently presented to Stuart Alderoty, Chief Legal Officer of Ripple. While the crypto market environment continues to expand despite enforcement actions by the United States Securities and Exchanges Commission (SEC), the Bitcoin price has recently increased due to spot Bitcoin ETF filings by financial […]
Litecoin (LTC) Displaces Solana: Reclaims Top-Ten Position
Litecoin has regained its position as one of the top 10 largest cryptocurrencies due to a remarkable price increase. Litecoin (LTC) has recorded a remarkable daily and weekly price increase amidst the current market volatility. Layer-1 Proof-of-Work (PoW) has reclaimed its position among the top nine digital currencies, displacing Solana (SOL). The Bullish Run of […]
Celsius to convert altcoins to BTC, ETH in updated bankruptcy plan
Judge Martin Glenn of the US Bankruptcy Court has permitted Celsius Network to convert all its cryptocurrencies into Bitcoin and Ethereum. This decision starts liquidating altcoins, excluding Bitcoin and Ethereum, for the bankrupt cryptocurrency lender. Judge Martin Glenn, from the Southern District of New York, ruled, allowing the bankruptcy procedures to proceed. The liquidation of […]
Crypto Lending Firm Delio Under Investigation by Regulators
The Financial Services Commission (FSC) of South Korea is currently investigating Delio, a cryptocurrency loan company, as of June 30th. Before suspending transactions earlier this month, Delio claimed it had no affiliation with Haru Invest, a struggling lending firm. The Commission accuses Delio of committing fraud, embezzlement, and breaching trust by unilaterally halting user deposits […]
CME Group Set to Introduce ETH to BTC Ratio Future
The Chicago Mercantile Exchange (CME) Group has announced its plan to introduce Ether/Bitcoin ratio futures on July 31, pending regulatory approval. This new product allows traders to speculate on the price movements between these two popular cryptocurrencies. CME Group’s ether futures will determine the settlement of these futures contracts by dividing their final prices with […]