Despite the recent collapse in its price, many fervent bitcoin supporters still believe in its potential. The Winklevoss brothers, Tyler and Cameron, are among those bitcoiners who see the asset reaching new heights.
In the SEC VS Binance case, a US federal judge has rejected the request from the US regulator. Quick breakdown: Binance US assets will not be frozen. However, the judge demands further negotiations between the SEC and Binance lawyers. The goal is to define boundaries and resolve security issues.
Crypto billionaire Cameron Winklevoss has warned that the ongoing crypto war orchestrated by Senator Elizabeth Warren and SEC Chairman Gary Gensler could harm the Democratic Party. He was followed by his twin brother, Tyler Winklevoss, who is more specific and predicts a Democratic defeat in the 2024 presidential elections if this war continues.
Ordinal inscriptions of Bitcoin are currently experiencing a meteoric rise. However, they are dividing the Bitcoin community. And with the latest upgrade, called “Recursive Inscriptions,” the controversy is likely to resurface. Nonetheless, recursive inscriptions prove advantageous for Bitcoin by transforming the blockchain into a platform for video games.
For several months, the crypto industry has been under pressure. The culprit is the heavy regulatory burden imposed by Gary Gensler, the head of the SEC. He has been launching offensives to exert his power over crypto firms, but some politicians are unwilling to let him deploy his strategy, which they consider fundamentally incoherent.
Every four years, the Bitcoin protocol experiences an event known as the Halving. It is undoubtedly one of the most significant events in the network. This highly anticipated event involves a change in the protocol's monetary policy by halving block rewards. In April 2024, the block reward will drop to 3.125 BTC. With this crucial deadline approaching, how can you best prepare?
Usually, when the SEC classifies any token as a “security,” it is followed by sanctions for fraud or illegal sale of an “unregistered security.” And to make matters worse, the digital asset witnesses a plunge in its price. Three famous crypto projects, Solana, Cardano, and Polygon, recently concerned about the actions of the SEC, are taking a stand to avoid the worst.
Legal actions against crypto firm Binance have become one of the significant events in the crypto news this week. The news has caused a wave of consequences that could significantly impact the company's performance.
ADA, the native cryptocurrency of Cardano, is now among a list of 61 cryptos classified as securities. A legal expert believes that the reasons behind this SEC classification don't hold up. Here's his analysis.
The legal battle initiated by the SEC against Coinbase and Binance is significantly harming the crypto industry. Some experts believe that it exacerbates the already existing risks in this sector, to the detriment of users who now have to think about protecting their interests.
There's no doubt that the SEC lawsuits have cost the crypto firm Ripple a fortune. But what about the financial consequences of this case for XRP users and enthusiasts? That's the question addressed in a recent report by Valhil Capital.
Ever since El Salvador made Bitcoin an official currency within its territory, the country has been facing a campaign of distrust and surveillance from the United States. Without hiding their deep unease, the Joe Biden administration has implemented legal measures to protect the American financial system from the repercussions of the Salvadoran government's decision. Why do the USA feel threatened, and what actions have they taken in response? Find all the answers in this article.
Following the success of Shapella, Vitalik Buterin has announced the arrival of other projects that will complement The Merge. After several months of behind-the-scenes work, the co-founder of one of the world's most popular blockchains is unveiling a new roadmap in which he outlines three major technical transitions. Details in this article.
The conversational AI, ChatGPT, is an unprecedented technological revolution. Since its launch, this artificial intelligence has been setting one record after another. The crypto sector is not immune to this momentum.
The European banking sector may witness new laws in the coming days. EU policymakers, who have never hidden their desire to regulate this sector, particularly banks' access to cryptocurrencies, are taking a giant leap and could see their dream become a reality soon. Governments across the European Union are now all in favor of strict restrictions on bank capital, a decision that could directly impact two prominent cryptos.
Last Tuesday, the SEC, through its chairman, Gary Gensler, filed legal proceedings against the crypto platform Coinbase. The case could see its first twist as Coinbase claims to have evidence of potential bad faith on Gary Gensler's part in this matter.
What does the SEC really want by shaking up Binance? The collapse of the crypto industry or its regulation? Many see Gary Gensler and his team's recent initiatives as developing a visceral hatred towards the cryptosphere. In addition to targeting the world's largest exchange, they have also decided to go after 10 tokens traded on the secondary market, such as Cardano's ADA.
The man who predicted the fall of the United States and the European Union in 2022 has now made statements about the fate of the American banking system and Bitcoin. In a new essay, Arthur Hayes, co-founder and former CEO of BitMex, has made negative prophecies concerning the global finance.
The ongoing legal battle between the SEC and Ripple remains at the forefront of discussions within the crypto community. American attorney and founder of CryptoLaw, John Deaton, recently shed light on the case in an exclusive interview on the “Good Morning Crypto Show” of the 3T Warrior Academy. According to Deaton, the chances of XRP emerging victorious from this legal battle stand at 75%.
Nine countries led by Iran launch an alternative to the SWIFT network. Simultaneously, BRICS discusses the end of the dollar in Cape Town.
For the famous entrepreneur and investor, it is Ethereum that is attracting many new users to cryptocurrencies. The promoter of Bitcoin Cash (BCH) snubs bitcoin and highlights the advantages of Ether, a digital currency in which he has high hopes.
“Damn, all the hard-earned money disappeared in an instant on Atomic Wallet,” a user expresses indignation on Twitter. Every hacking, scam, and rug pull always has its victims. And we are still far, very far, from the end of these malicious acts.
The crypto community is in a frenzy. Indeed, several experts, including Ripple CEO Brad Garlinghouse, believe that the Ripple vs. SEC trial in the United States could wrap up this month. Ripple holders are eagerly hoping for this outcome.
According to Brian Armstrong, CEO of Coinbase, China could benefit from the restrictive laws imposed by the United States on the cryptocurrency industry. “The United States and other democratic nations are facing digital systems promoted by an ambitious adversary, China,” he said.
The revolution of smart contracts is right at our doorstep with Marlowe, an innovation by Cardano (ADA). This domain-specific language (DSL) aims to democratize access to contracts and financial agreements without the need for programming expertise. Marlowe's first steps on the Cardano mainnet herald a promising future for smart contracts.
The next Litecoin Halving Event is scheduled for Wednesday, August 2nd. On this occasion, the block reward of 12.5 LTC will be reduced by half to 6.25 LTC. A major disruption in the price of Litecoin and the cryptocurrency market in general is expected after this event. However, with only two months left until the Litecoin halving, things seem to be accelerating. Let's explain!
Elon Musk, the renowned technologist and futurist, predicts that the dollar will soon be worth next to nothing.
Over the past two weeks, Ledger, a crypto security firm, found itself at the center of a major controversy. This controversy revolved around the new product called Ledger Recover. It is an optional update presented as a useful tool for recovering lost wallet keys. However, Ledger users were not pleased with this technical evolution. They suspected that the company was violating their fundamental right to privacy.
Following in Iran’s footsteps, it will soon be Russia turn to use Bitcoin to bypass sanctions that prevent it from conducting international transactions. Bitcoin, Da? The Russian government has shown a keen interest in Bitcoin since its banks were disconnected from the SWIFT network. Acting stealthily, the Ministries of Finance…
Bitcoin (BTC) is currently navigating troubled waters, with foreign exchange reserves experiencing a significant decline at the beginning of the month. However, despite this price drop, new data from the blockchain analytics platform, CryptoQuant, suggests a possible bullish run for the queen of cryptocurrencies.