US Judge Rejects Landmark Ripple Ruling in Setback For Crypto Industry as XRP Tumbles
A New York federal judge rejected a landmark ruling in favour of Ripple Labs, Inc. and said crypto tokens sold to the public may be Go to Source
Ron DeSantis Vows to End Biden’s “War on Bitcoin,” Toss CBDC Into ”Trash Can” If Elected President
Ron DeSantis, the Republican Candidate for 2024’s presidential election, said he will toss a Central Bank Digital Currency into the trash can and end what Go to Source
Could Bald Token’s Rug Pull Be Linked to Sam Bankman-Fried’s Alameda Research?
Is there a connection between the rug pull of the short-lived BALD meme coin and Sam Bankman-Fried’s Alameda Research? The hype around the BALD token Go to Source
SEC Sues Hex Founder Richard Heart For Alleged Fraud, Says He Used Gains to Buy Sports Cars, Black Diamond
The U.S. Securities and Exchange Commission (SEC) has charged Hex founder Richard Schueler, best known as Richard Heart, for conducting unregistered offerings of crypto asset Go to Source
FTX creditors unimpressed with exchange’s bankruptcy exit plan
FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy. A body representing FTX customers said…
MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin
Michael Saylor-founded MicroStrategy disclosed it now holds 12,800 Bitcoin as of July 30, and is back in the black. Business intelligence firm MicroStrategy — one of the largest corporate holders…
Was Sam Bankman-Fried behind a scam project?
This week’s episode of The Market Report explores allegations that SBF was behind the recent BALD token rug pull and dissects why Bitcoin is falling below $29,000. In the latest…
Bitcoin investor sentiment slumps to a new low, even as macro and equities show improvement
Three key Bitcoin price indicators explain why the BTC price continues to fall toward new lows. Bitcoin surpassed the $30,000 resistance on June 21, or 40 days ago, after a…
Microstrategy Incurs $24 Million Impairment Charge On Bitcoin Holdings In Q2 ‘2023
MicroStrategy reported revenue of $120 million and gross profit of $93 million in Q2 ‘2023. The company incurred an impairment charge of $24 million on its 152,333 BTC worth $2.3…
GameStop will stop support for its crypto wallets, citing ‘regulatory uncertainty’
The retail company used to be known primarily for its brick-and-mortar retail stores but has also launched an NFT marketplace and a soon-to-be-canceled line of crypto wallets. Gaming retail company…
3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship
As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency. Kyle Davies, the co-founder…
Voyager customers targeted by scammers during 30-day withdrawal period: Report
Phony websites offered customers a premium for claiming through them. In reality, they drained customers’ wallets. Scammers set their sights on Voyager Digital customers during the month-long window when they…
Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains. On July 30, Curve Finance, a…
Voyager Digital Customer Data Hacked Amid Bankruptcy Process, VGX Down 10%
Defunct crypto lender Voyager Digital has become the target of a scam amid its bankruptcy proceedings. The scams were designed to extract data from Voyager’s customers who were awaiting repayment…
European digital asset manager CoinShares’ revenue up 33% in Q2
Proprietary trading activities contributed heavily to the revenue increase. CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue of…