This week was a series of victories for the cryptocurrency industry, with the federal appeals court siding with Grayscale Investments and the SDNY dismissing the lawsuit against Uniswap.
The federal appeals court said in the 20-page decision that "the denial of Grayscale's proposal was arbitrary and capricious because the Commission failed to explain its different treatment of similar products. We, therefore, grant Grayscale's petition and vacate the order."
The latest data on Arkham revealed a massive spike in Robinhood's SHIB holdings, which showed a 70.4% increase as it added 14.086 trillion more SHIB tokens.
For Grayscale Investments, its recent win in the court "is a monumental step forward for all who have been advocating for Bitcoin exposure through the added protections of the ETF wrapper."
The marketing specialist's comments came as the layer-2 scalability solution achieved another milestone by hitting 300,000 wallet addresses just days after it reopened to the public.
The major Wall Street regulator is due to respond to Bitwise's filing on Friday, while its response to the applications of BlackRock, Invesco, WisdomTree and VanEck should be out by Sept. 2.
It is worth noting that the latest ruling does not guarantee a spot Bitcoin ETF in the U.S. but rather a grant on Grayscale's petition for review of its application, which the regulator previously rejected.
Latin America may soon become the epicenter of emerging and exciting real use-cases that require a critical mass of users and scale to work.
Earlier this week, Rhode Island approved the license requested by Twitter Payments LLC, a payment branch of X, according to the Nationwide Multi-State Licensing System.
SHIB's total circulating supply stands at 589.35 trillion SHIB, with its value up by 0.74% at a $4.75 billion market cap.
BJ Investment Holdings said the "difficult" decision was a "culmination of a prolonged effort to help Ben during his relapse into substance abuse as well as reconcile the emotional, physical and financial damage he has done to the employees of Hit network & the Bitboy Crypto community."
Information about the XRP event in September is scarce, and Ripple said "more details" about the celebratory event will be available "later this week."
JFS is set to join forces with BlackRock, a renowned New York-based investment management giant overseeing over $11 trillion in assets.
Bankman-Fried was previously released on bail and was on house arrest at his parent's house in Palo Alto.
While the reason behind the latest move by Buterin is still unknown, it triggered the crypto community to speculate, especially since the transfer of this amount usually impacts the market, which is currently wallowing in a sea of red.
Even before the announcement's release, Shibarium already "accumulated over 65,000 wallets and 350,000 transactions" and "thousands of tokens" described as "fun, unusual and sometimes offensive."
Friend.tech is a decentralized social media app with a crypto twist. Essentially, every user here has their own chat group where they need to buy keys to enter into other people's private group chat. If and when users decide to leave that group chat, they can sell those keys to other users.
Storm was arrested Wednesday on money laundering and several other charges, including allegedly operating a crypto scheme that was said to have helped North Korea launder billions of dollars.
The Treasury Department published an almost 300-page proposed rule Friday as its response to the 2021 Infrastructure Investment and Jobs Act, which requires cryptocurrency brokers, including exchanges and payment processors to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service.
The former Alameda engineer stated that Bankman-Fried discussed "building a vaccine factory in the Bahamas to fix the invisible graveyard caused by slow FDA approvals."
Despite Musk's subtle attempt to shill Dogecoin, the price rally was brief, with the crypto asset's value plummeting to 80% in just an hour.
Unfortunately, Binance did not reveal the reason behind this development.
Coinbase announced this week that its recent reviews led to its decision to suspend the trading of six crypto assets on its platform, namely BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX).
Kusama confirmed Shibarium was already producing blocks even if it wasn't live to the public yet.
Sam Bankman-Fried's current legal team plans to bring into the trial lawyers from Fenwick & West, as well as former FTX in-house lawyers Can Sun, Ryne Miller and Dan Friedberg.
Bitstamp's latest announcement on the suspension of its ETH staking program came on the heels of its plan to suspend the trading of Solana, Polygon, and other tokens for its U.S. users.
Authorities charged Roman Storm and Roman Semenov with federal money laundering and sanctions violations. The FBI arrested Storm on Wednesday, while Semenov is still at large.
Shopify customers can now use USDC to pay through the e-commerce platform's integration with Solana Pay.
Cypher plans to use the proceeds from the token sale to replenish the project's depleted treasury and finance the development of new assets.
While Kennedy Jr. is championing Bitcoin and seemingly advertising it as a beacon of light in a dark tunnel, many question his intention, particularly since he admitted last month that he owns approximately $250,000 in BTC.
