CRYPTO BUSINESS

The recent bull run in the cryptocurrency market led by the Bitcoin price rally fostered progress in many crypto assets, with XRP crossing a crucial psychological price mark for the first time in three months.

The lawsuit claimed the defendants took control of Armstrong's account on X.com (formerly Twitter) "for the express purpose of publicly harassing, embarrassing, and intimidating" him.

Rep. Steve Womack said defunding the SEC is a means to curb its regulatory overreach and help it focus on its primary mission.

The Shiba Inu development team unveiled a new initiative this week as part of its goal of transforming SHIB into a more decentralized ecosystem.

The FTX estate has, by far, moved around $102 million in Solana to exchanges via a series of transactions that could impact the token and could trigger holders to dump their SOL holdings.

The Bitcoin value surge has ended the crypto market's long winter, with predominantly inactive long-term holders signaling a bullish sentiment.

The recent shift in Bitcoin dominance suggests that new investors are entering the market, as it follows a long period of market downtrend.

Currently, there are 12 spot Bitcoin ETF applicants awaiting a decision from the Securities and Exchange Commission (SEC).

John Deaton made the claim in a post on X in response to Ripple Labs chief legal officer Stuart Alderoty, who said the court ruling on the SEC vs Govil case underlined that the financial regulator cannot ask for a "crippling disgorgement award without first proving that 'investors' suffered actual financial harm. In other words, no harm, no foul."

Musk has over the years swayed prices of numerous crypto assets, especially DOGE with just his online posts. The tech billionaire can easily create his own cryptocurrency, but it appears that he is reluctant to officially launch one, and he hasn't explained why.

After his conviction on all seven charges, the question about the funding of SBF's legal war chest has once again surfaced, but this was already answered by a March report from Forbes, which highlighted the link between SBF's legal defense and the controversial use of Alameda Research funds.

Considering the disclosures of FTX advisors, it looks like privacy and anonymity are not at all guaranteed, particularly in centralized crypto exchange platforms like Sam Bankman-Fried's FTX.

Based on the post, the upcoming initiative may have something to do with Shiba Identity since it mentioned that those interested need to submit basic contact information.

Engineers of cryptocurrency exchange platforms are being targeted by the Lazarus Group using the novel macOS malware known as KandyKorn.

Block's Bitcoin revenue represented 43% of its $5.6 billion total revenue, driven by heightened consumer demand and positive spending, boosting its overall Q3 growth.

"Sam Bankman-Fried thought that he was above the law. Today's verdict proves he was wrong," U.S. Attorney General Merrick B Garland said in a statement.

The blockchain firm announced that its native cryptocurrency XRP has been approved under the Dubai Financial Services Authority's virtual assets regime.

The SEC's enforcement action came a few months after PayPal officially launched its stablecoin dubbed PayPal USD (PYUSD).

The SEC's latest move came after Kwon and TFL's lawyers filed a motion for summary judgment with the U.S. District Court for the Southern District Of New York last week.

U.S. Assistant Attorney said SBF's ''Good Morning America'' interview was merely part of a media blitz following the collapse of his crypto empire.

The Shiba Ecosystem marketing specialist teased about another initiative dropping next week, which she described as another pioneering feature of ShibaSwap 2.0 aside from the Shiba Name Service.

MicroStrategy is seemingly maintaining its bullish accumulation of Bitcoin showing no sign of slowing down as the fourth Bitcoin halving approaches and spot Bitcoin exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission (SEC) appears imminent.

Kusama disclosed that they could have owned a French luxury sports car Bugatti instead, they decided to invest the money in the development of "Shiba Eternity."

The value of XRP started to surge 10% over the weekend leading to its price reaching the $0.60 price level for the first time since Aug. 16.

USDC is the second-largest stablecoin in the market, with a supply of $25 billion.

Shin, whose assets in South Korea were frozen by authorities, distanced himself from Kwon. He is facing trial for fraud, illegal fundraising and capital market law violation.

The appearance of the ticker on DTCC's official site is considered a significant development in the progress of the Bitcoin ETF applications of several Wall Street giants.

The agenda of an upcoming closed-door meeting of the SEC was published online and suggested that the regulator may include in its Thursday meeting a review of settlement and resolution claims.

The number of wallets in profit as of Monday was 39.1 million, which is by far the highest number ever recorded for the crypto asset, surpassing the 38.1 million peak seen in November 2021.