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Elon Musk, Vivek Ramaswamy Warn of Increasing World War III Risk — ‘The US as We Know It Will Cease to Exist’
26.10.2023
Tesla CEO Elon Musk and U.S. presidential candidate Vivek Ramaswamy have cautioned about the increasing risk of World War III erupting. “I think we are sleepwalking our way into World War III,” Musk said. Ramaswamy warned: “If we enter a major conflict, anything resembling World...
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit
26.10.2023
Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach beyond the United States. Binance Accuses CFTC...
Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial
25.10.2023
Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken against him in recent weeks. Facing Accusations:...
Could Doge Uprising Be The Next 10x Meme Coin?
25.10.2023
Doge Uprising is a new meme crypto project fighting against the ‘centralized authorities’ who abuse their power. The platform aims to redefine a typical meme coin’s utility by building a project that goes beyond just crypto to include a storyline, NFTs, staking, and community...
Bitcoin’s Meteoric Rise to $35,000 Erases $232M in Short Positions in Just 24 Hours
24.10.2023
On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed...
Mexican Billionaire Advocates Bitcoin for Wealth Protection — ‘People Need to Realize They’re Being Robbed’
24.10.2023
Mexican billionaire Ricardo Salinas sees bitcoin as a way to protect against inflation tax because the cryptocurrency cannot be debased. “People’s savings are being taken from them without their permission, without their knowledge,” he stressed, adding that “everybody...
DeFi Education Fund, Paradigm File Amicus Brief Supporting James Harper’s appeal against IRS
24.10.2023
DeFi Education Fund (DEF), a crypto research and advocacy group, and crypto investment company Paradigm have filed a separate amicus brief supporting James Harper’s lawsuit against the US Internal Revenue Service (IRS).
Paradigm confirmed Friday that the amicus brief urges the Supreme Court...
Doctor Pleads Guilty to Bitcoin-Paid Darknet Murder Plot Against Girlfriend
23.10.2023
A Georgia medical doctor admitted to using Bitcoin to pay someone $16,000 on the dark web in an attempt to kill his girlfriend, according to the US Attorney's Office, Northern District of Georgia.
On October 17, Dr. James Wan, 54, pleaded guilty in Atlanta federal court to one count of using...
Argentina’s Pro-Bitcoin Javier Milei Heads to Run-Off Election Against Sergio Massa
23.10.2023
Javier Millei lost to Sergio Massa who took around 37% of the vote
SEC ‘Surrender,’ Fear of Middle East Escalation, Meme Coin Market Update — Bitcoin.com News Week in Review
22.10.2023
In big crypto and finance news this week, the SEC has dropped its lawsuit against top Ripple execs, Bridgewater founder Ray Dalio speculates on war in the context of strife in the Middle East, and a look at the meme coin market’s performance in 2023. This and more just below, in the latest...
US Chamber of Digital Commerce Backs Binance, Urges SEC to Drop Lawsuit
21.10.2023
In a significant move on Thursday, the U.S. Chamber of Digital Commerce, a leading crypto policymaking advocacy group, filed an amicus brief urging the U.S. Securities and Exchange Commission (SEC) to dismiss its lawsuit against cryptocurrency giant Binance. SEC’s Authority Questioned:...
Uniswap founder burns $650B HayCoin against speculation
21.10.2023
Uniswap's Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation
Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises
20.10.2023
More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined...
US SEC Obtains Default Judgment Against David Chin and Thor Technologies for Offering Unregistered Securities
20.10.2023
The United States Securities and Exchange Commission (SEC) has secured a default judgment against Thor Technologies and its Chief Executive David Chin.
In an Oct 19 statement on its website, the SEC disclosed the current status of the case after it notched the judgment against the defendants...
Biggest Movers: XRP Surges as SEC Drops Lawsuit Against Ripple’s Senior Management
20.10.2023
XRP was a big gainer on Friday, as markets reacted to the SEC’s decision to drop its lawsuit against Ripple’s management team. The commission previously alleged that CEO Brad Garlinghouse and chairman Chris Larsen had violated securities laws. Solana also surged, rising by over...
Chamber of Digital Commerce Joins Industry Leaders to Challenge SEC's Lawsuit Against Binance
20.10.2023
The Chamber of Digital Commerce has joined forces with various digital assets firms, associations, legal experts, and legislators to challenge the U.S. Securities and Exchange Commission (SEC) in its lawsuit against Binance. ...
Read More: Chamber of Digital Commerce Joins Industry Leaders...
First Mover Americas: SEC Drops Charges Against Ripple Leaders; Bitcoin and XRP Gain
20.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Former ConsenSys AG Employees Take Equity Court Case Against Founder Joseph Lubin to U.S.
20.10.2023
The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity
SEC wins default judgment against Thor Technologies and founder
20.10.2023
Thor Technologies has been instructed to pay a sum of $903,193.06, which encompasses a disgorgement of $744,555, and prejudgment interest amounting to $158,638.06
SEC Scores Default Win Against Thor Token Company and Founder David Chin
20.10.2023
The U.S. Securities and Exchange Commission (SEC) has been awarded a default judgement against Thor Technologies and its founder David Chin