Industry
Celsius Bankruptcy: $24M Spent on Legal Fees!
Celsius, a bankrupt cryptocurrency lending firm, has sought court relief related to the distribution of funds from the sale of self-custodial platform GK8.Christopher SmithFTX Local Entity's License Canceled by Australian Financial Regulator
The financial license of FTX Australia, the local subsidiary of the bankrupt cryptocurrency exchange, has been canceled by Australia's financial services regulator.Martha GrizzardManta Network Raises $25M, Launches Layer 2 for ZK Apps
P0x Labs, the development team behind Manta Network, has successfully raised $25 million in Series A funding, led by Polychain Capital and Qiming Venture Partners.Wayne IngramNasdaq Halts Cryptocurrency Custody Service Launch
Nasdaq, the global securities market, has decided to halt the launch of its cryptocurrency custody service, which was initially planned for the end of the second quarter of 2023.Jerry McNeillVC's Startup Success at EthCC Conference
At a recent Ethereum community meeting in Paris, venture capitalists shared their insights on effective strategies for startups seeking to bring new cryptocurrencies to the market.Sherry CantwellRipple Court Ruling Sparks Optimism for XRP Adoption Among Banks
Stu Alderoty, the chief legal officer of Ripple Labs, has suggested that US banks may consider utilizing XRP for cross-border transactions following the recent court ruling.Barry StidhamBinance Adopts Cost-Cutting Measures Amid Profit Downturn
According to reports, global cryptocurrency exchange Binance has reduced certain employee benefits as part of its efforts to reassess the company.Craig GreenCelo Blockchain Returns to Ethereum Ecosystem, Embraces L2 Transition
CLabs, the organization responsible for the development of the Celo blockchain, is considering a return to the Ethereum ecosystemChristopher SmithBinance Integrates Bitcoin Lightning Network for Faster Transactions
Binance, a prominent cryptocurrency exchange, has announced the integration of the Bitcoin Lightning Network for Bitcoin withdrawals and deposits on its platform.Cornell RachelUnstoppable Domains Enhances Portfolio with Ethereum Name Service Integration
Unstoppable Domains has announced support for Ethereum Name Service (ENS) .eth domains, bringing together two prominent platforms in the Web3 decentralized domain spaceWayne IngramCathie Wood Bullish on Coinbase Following Ripple Court Ruling
Cathie Wood, the CEO of ARK Investment Management, expressed her continued bullishness on Coinbase following Ripple's partial victory over the SEC on July 13.Hallie GillSEC Chairman Gensler Reacts to Ripple Decision: Mixed Response Under Consideration
SEC Chairman Gary Gensler recently addressed the agency's ruling in the Ripple lawsuit during a speech and subsequent interviews.Jerry McNeillJudge Orders Release of 'Hinman Papers' in SEC v. Ripple Case
The next phase of the SEC v. Ripple case is set to proceed, as US District Court Judge Analisa Torres has filed papers to transfer the case to Magistrate Judge Sarah Netburn.James DeanNational Australia Bank Joins Cryptocurrency Trading Boycott, Labels it a 'Scam'
National Australia Bank (NAB) has announced new measures to protect customers from fraud, including blocking certain cryptocurrency platforms.Barry StidhamSEC Unlikely to Appeal Ripple Case, Claims Haun Ventures CEO
Speculation is mounting regarding whether the US Securities and Exchange Commission (SEC) will appeal the recent partial defeat in its legal battle against Ripple.Craig GreenFormer SEC Official Criticizes Ripple's Decision: Troubling on Multiple Fronts
John Reed Stark, a former SEC official, has criticized the recent ruling in the Ripple Labs case, calling it "troubled on multiple fronts" in an analysis on LinkedIn.Christopher SmithSenator Lummis Urges Clear Crypto Regulations: Post-XRP Ruling Advocacy
US Senator Cynthia Lummis took to Twitter to emphasize the significance of Judge Analisa Torres' recent court ruling regarding Ripple's XRP tokens,Cornell RachelToken Hoarders Hamper DAOs' Purpose: Obstacle to Decentralized Governance
Researchers from The University of Texas at Austin and Princeton University collaborated on a study to explore the impact of tokenization on decentralizationMartha GrizzardGlobal Encryption Framework Proposal Finalized by FSB: Enhancing Digital Security
The Financial Stability Board (FSB), an international body overseeing the global financial system, has proposed a global regulatory framework for cryptocurrencies.Hallie GillBlackRock Bitcoin ETF Application Accepted by SEC: Regulatory Scrutiny on Horizon
The US Securities and Exchange Commission (SEC) has accepted BlackRock's application for a spot Bitcoin (BTC) exchange-traded fund (ETF)Jerry McNeill
