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SEC Charges Abra With Unregistered Sales of Crypto Asset Securities

26.8.2024
The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing to register the offers and sales of its crypto asset lending product, Abra Earn. The SEC also accused Abra of operating as an unregistered investment company...

U.S. SEC Settles with Abra Over Unregistered Sales of Securities

26.8.2024
Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday

Sony's Latest Big Game, Concord, Is Flopping

26.8.2024
Sony’s latest big video game, Concord, launched last week on PS5 and PC. And while the online shooter is fun and looks very expensive, it seems very few people are playing it based on some truly abysmal numbers and stats. Read more

NFT Sales Soar 24% as Ethereum Takes the Lead This Week

24.8.2024
Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales reached an impressive $99.05 million, with Ethereum-based NFTs leading the charge at $36.62 million. NFT Market Booms...

Get The Whole Dying Light Series For Cheap Ahead Of The Beast’s Release

21.8.2024
Techland announced the newest Dying Light game at Gamescom earlier this week. Subtitled The Beast, the new first-person zombie game (which began as DLC for Dying Light 2) will follow the protagonist of the first title, Kyle Crane, as he embarks on a journey for revenge. What is he getting revenge...

Goldman Sachs Lowers US Recession Risk to 20%

19.8.2024
Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows favorable results, the probability of a recession...

Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash

18.8.2024
Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger...

This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?

17.8.2024
In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51%...

SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes

11.8.2024
The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced...

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