Worldcoin WLD token jumps nearly 5% despite Kenyan government suspension

The Kenyan Government has suspended the activity of Worldcoin, the recently launched digital identity crypto project, according to an Aug. 2 statement shared by Kenya’s Ministry of the Interior on its official... Read more »

MicroStrategy made largest Bitcoin purchase since 2021 in Q2 2023 amid slight revenue decrease

In its Aug. 1 financial results, business intelligence firm MicroStrategy said it acquired substantial Bitcoin during Q2 2023. Andrew Kang, Chief Financial Officer at MicroStrategy, said: “The addition in the second quarter... Read more »

BALD token surge sparks rumors of ties to Alameda Research

The BALD token, which experienced an explosive surge of over 10,000% on the Coinbase-backed Base network before plummeting, triggered a storm of investigations on Twitter, with some analysts linking BALD to Alameda... Read more »

Coinbase distances itself from CEO Brian Armstrong’s comments on SEC investigation

Coinbase has publicly distanced itself from statements made by CEO, Brian Armstrong, which suggested that the U.S. Securities and Exchange Commission (SEC) had requested the delisting of all non-Bitcoin crypto assets. Earlier... Read more »

Elizabeth Warren asks SEC to investigate Elon Musk’s dual roles at Twitter and Tesla

On July 17, Senator Elizabeth Warren called on the U.S. Securities and Exchange Commission (SEC) to initiate investigations into two companies led by Elon Musk, namely Tesla and Twitter, due to potential legal... Read more »

Get paid by the second as token streaming looks to disrupt global liquidity

Payments could soon be streamed in real-time rather than paid out on a monthly or weekly basis, according to Maxime Desalle, Operations Lead at Sablier, in a recent talk at EthCC. Desalle... Read more »

The SEC has put ‘power and politics’ over ‘sound policy,’ says Ripple CEO

The U.S. Securities and Exchange Commission (SEC) has been prioritizing “politics and power” over creating “sound policy,” Ripple CEO Brad Garlinghouse said in a July 15 interview with Bloomberg. Reiterating his criticisms... Read more »

SEC’s lawsuit against Binance demonstrates scope of its crypto enforcement efforts

On June 5, 2023, the SEC filed an extensive civil complaint against Binance Holdings Limited, its assorted affiliates, and its beneficial owner and CEO, Changpeng Zhao, alleging multiple violations of the Securities... Read more »

Ripple ruling is likely to be appealed and overturned, ex-SEC official says

The Ripple case ruling is “ripe for appeal” and likely to be overturned, John Reed Stark, former chief of internet enforcement at the SEC, noted in a LinkedIn post on July 14.... Read more »

Crypto markets are booming after historic XRP ruling; BTC and ETH both break critical barriers at 31k and 2k

Bitcoin and the rest of the cryptocurrency market saw significant gains after Ripple secured a victory against securities regulators on July 13. As of 8:30 p.m. UTC, Bitcoin (BTC) had gained 4.3%... Read more »