CRYPTO

"The IRL component will also open doors to exciting collaborations with brands, influencers, and organizations that align with our values and mission," said Lucie, the Shiba Ecosystem official content specialist.

"The Shares have been designed to remove the obstacles represented by the complexities and operational burdens involved in a direct investment in Bitcoin," the Blackrock's application read.

While the court has yet to rule on Celsius' proposal, it is already being met with opposition.

Kwon will have to wait for six months in custody as the Montenegro court decides on the request of South Korea for his extradition.

Shibacals is a groundbreaking service that allows users to produce premium-quality items, combining the virtual world of Shiba Inu with physical assets.

It isn't clear how the court's decision in the Bahamas would affect Sam Bankman-Fried's prosecution in the United States, but it may have led to the latest move by the prosecution to temporarily stop pursuing the five charges filed after SBF's Bahamas extradition.

After updating its users that it has started working with Chainalysis, Atomic Wallet went radio silent.

Kusama previously mentioned a "something is coming" trailer, scheduled for early July, which is believed to be related to the upcoming addition to the Shiba Inu ecosystem.

Apple pointed out in the warning email that Damus' tipping feature allows users to send tips for receiving content from content creators, which utilizes a mechanism "other than in-app purchase."

The threat, which could have potentially victimized an experienced trader, highlights the ongoing issue that every crypto investor faces every day.

"Since the CFTC and the SEC have not been able to figure this out, we're gonna have to have Congress step in and draft legislation that will unblock this issue in the United States," the Coinbase CEO said.

CZ denied the allegations and shared his disbelief on how "they can know exactly who sold based on just a price chart involving millions of traders. FUD."

The SEC told the court in a Tuesday filing that Coinbase's writ of mandamus "should be denied" and revealed that despite the seven-day deadline, it "has not decided what action to take on Coinbase's rulemaking petition."

The Hinman documents, which contain internal communications within the SEC regarding a speech delivered by Hinman despite warnings from other divisions of the financial regulator, were unsealed Tuesday.

A status update from both parties is expected to be filed in the court by Thursday.

JP Morgan strategists claimed that if the financial regulator wins the legal battle, it could trigger the delisting of tokens from exchanges and restrict the potential development of the blockchains behind the tokens.

BOCI's deputy CEO said that the move was inspired by the "evolution of Hong Kong's digital economy."

Last week, the U.S. SEC classified MATIC, Polygon's native token, as a security.

"U.S. capital markets must be protected from a tyrannical Chairman, including the current one," Davidson said in a tweet, announcing that he has filed the SEC Stabilization Act.

"Binance and Zhao are not the typical foreign entity and individual, as they are widely known for disagreeing with the premise of a headquarters or domicile, let alone identifying one, and Zhao is famously protective of revealing his whereabouts," the SEC said in the court filing.

Last month, a report surfaced online claiming that committee members of the Democratic Party have received a memo ahead of the hearing for digital assets regulation allegedly reminding the lawmakers to support the SEC's position on crypto assets.

Offshore crypto exchanges saw a significant increase in terms of trading volume, with the research revealing offshore trading platforms experiencing four times more than the exchanges in the U.S.

While altcoins continue to wade in the puddle of red, Bitcoin showed dominance in the market, with long-term holders and market participants continuing their accumulation of the world's first-ever crypto asset and showing very little activity when it came to sending their stash to exchanges.

In a previous tweet, Kusama even joked with a Shiba Inu developer that they may have leaked the draft of a crucial Shiba Inu document to the popular Russian-Canadian programmer.

There are a lot more initiatives that the team is currently working on, some of them have not been made public and are tightly kept under wraps.

The prices of the assets deemed as securities nosedived following the classification. ADA witnessed an 11% loss and was trading at $0.325; SOL was down 8% and was trading in the red zone at $19; and MATIC saw a 12% decline in its value at $0.784, according to the data from CoinMarketCap.

When speculations about the exchange relocating offshore surfaced online, its founder and CEO Brian Armstrong dismissed the rumors, saying, "Coinbase is not going to relocate overseas."

Musk's tweet is some sort of reassuring to holders of the meme coin, as the market is experiencing a sharp crypto sell-off because of the mounting regulatory pressure and enforcement by the U.S. SEC in the past week.

In the past few months since the collapse of the so-called algorithmic stablecoin TerraUSD (UST) and token LUNA, several claims and pieces of evidence have hinted that Do Kwon knows exactly what to do when it comes to safeguarding his wealth.