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Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review
18.8.2024
Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin proponent filed a lawsuit to overturn the government’s crypto ban....
Hamster Kombat Rejected Numerous Venture Capital Investments; Players Will Not Become ‘Exit Liquidity’
12.8.2024
Hamster Kombat, the popular tap-to-earn sensation, revealed having rejected several investment proposals from some of the biggest venture capital firms in the crypto industry. The team behind the game declared that it would not allow players to become exit liquidity for their backers, as...
Bitfarms pushes back against Riot’s $950M takeover attempt
13.6.2024
Riot's $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests
Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation
29.5.2024
Bitfarms, a global Bitcoin mining company, has confirmed receiving and rejecting an acquisition proposal from Riot Platforms on April 22, 2024.
The post Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation appeared first on Cryptonews
Riot Platforms Buys 9.25% Stake in Bitfarms After Rejected Takeover Offer
29.5.2024
Riot Platforms has acquired a 9.25% stake in Bitfarms after its $950 million proposal to buy out the company's outstanding stock at $2.30 per share was rejected.
The post Riot Platforms Buys 9.25% Stake in Bitfarms After Rejected Takeover Offer appeared first on Cryptonews
Ethereum Price Prediction as SEC Approves Ethereum ETFs – Where is ETH Headed Next?
24.5.2024
The Ethereum (ETH) price is trading choppy in late Thursday trade as in wake of news dropping that the US SEC has approved spot Ethereum ETFs, a spectacular u-turn that has shocked the market that, up until one week ago, was betting that Ethereum ETFs would be rejected this week.
The post Ethereum...
DOJ Counters Tornado Cash Developer Roman Storm’s Defense, Asserting Money Transmitting Operations
27.4.2024
The US DOJ has rejected Tornado Cash developer Roman Storm's motion to dismiss criminal charges, arguing that the defense's filing presented disputed facts that should be weighed by a jury rather than being resolved in an early-stage motion.
The post DOJ Counters Tornado Cash Developer Roman...
US Courts Have Serially Rejected Crypto Industry’s ‘Decade’s Worth of Arguments’ – SEC Director
4.4.2024
Over the past decade, the U.S. Securities and Exchange Commission (SEC) has contended with “significant non-compliance” and “creative attempts” by cryptocurrency market participants to avoid its jurisdiction. According to the SEC’s enforcement director, the commission...
Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court
20.3.2024
The U.S. is also seeking Kwon's extradition despite the Montenegrin court's decision to send him to South Korea
Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto
14.3.2024
UK Judge James Mellor has rejected Craig Wright's claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict.
The post Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto appeared first on Cryptonews
Uniswap Community Rejects Governance Proposal to Distribute Revenue to UNI Token Holders
11.3.2024
The Uniswap community has rejected a governance proposal that aimed to introduce changes to the platform's fee mechanism, including allowing the distribution of revenue to token holders.
The post Uniswap Community Rejects Governance Proposal to Distribute Revenue to UNI Token Holders appeared...
Singapore High Court Denies 3AC’s Bid to Dismiss Suit by Defiance Capital Founder
2.2.2024
The High Court of Singapore has denied Three Arrows Capital’s (3AC) attempt to dismiss a lawsuit by Defiance Capital founder Cheong Jun Yoong, affirming the legal standing of digital assets in trust disputes. Singapore Court Upholds Defiance Capital’s Suit Against 3AC in Crypto Case...
Tron Refutes UN Study Findings Linking TRC-20 USDT to Bad Actors
20.1.2024
The Tron Decentralized Autonomous Organization (DAO) has rejected a United Nations assessment which suggested that bad actors are behind most tether transactions facilitated via its protocol. It also sees its over 50% share of the USDT stablecoins in circulation as a “testament to...
Congressman Warren Davidson Rails Against Treasury’s ‘Red Herring Arguments’ On Crypto
12.1.2024
Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has rejected the policy suggestions made by the U.S. Treasury on crypto assets, stating these seek to ban digital assets in the U.S. using unworkable...
Blockchain Association to Elizabeth Warren: Crypto Can Potentially Disrupt or Compete With ‘Too Big to Fail’ Banks
11.1.2024
The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that former security officials collaborating with it seek to weaken the country’s “ability to catch and prosecute America’s enemies.” According to the nonprofit organization, ex-U.S....
Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport
3.1.2024
"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said
Seychelles-Based Crypto Exchange MEXC Rejects ‘Baseless’ User Asset Freeze Claims
25.12.2023
The Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users’ accounts or “wiping” out their profits. The MEXC team said it opposes ongoing attempts to defame its name and may resort to taking legal action. Baseless Claims The Seychelles-based...
Bitcoin Price Prediction: BTC Still Rejected at $45,000 – Can it Breakthrough Before 2024?
22.12.2023
Bitcoin, the world’s most prominent cryptocurrency, continues to show resilience, hovering around the $44,000 mark. As of this writing, the global crypto market capitalization stands at an impressive $1.66 trillion, marking over 2% surge in the last 24 hours. Bitcoin’s recent surge past...
SEC Denies Coinbase’s Petition for Clear Crypto Regulation — Exchange Responds by Taking the Regulator to Court
17.12.2023
The U.S. Securities and Exchange Commission (SEC) has rejected cryptocurrency exchange Coinbase’s petition for regulatory clarity in the crypto industry. SEC Chairman Gary Gensler backs his agency’s decision to deny Coinbase’s petition. In response, Coinbase has pursued legal...
SEC Denies Coinbase Push for Crypto Regulation, Cites Own Priorities
15.12.2023
The SEC rejected Coinbase’s plea for customized crypto regulations, preferring to apply traditional securities laws. Image by RareStock, Adobe Stock. The Securities and Exchange Commission (SEC) rejected a petition by cryptocurrency exchange Coinbase on Friday requesting the creation...