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SEC Ordered to Pay $1.8M After Judge Dismisses Debt Box Case
A U.S. federal judge ruled on May 28 that the Securities and Exchange Commission (SEC) must pay approximately $1.8 million in legal fees in its case against Digital Licensing Inc., operating as Debt Box. Judge Dismisses Debt Box Case “Without... -
Nomura, Laser Digital, and GMO Internet Partner to Explore Stablecoin Issuance in Japan
Nomura, a global financial services firm, has partnered with Laser Digital, a digital asset company, and GMO Internet, the parent company of stablecoin issuer GMO-Z, to explore issuing US dollar and yen-based stablecoins in Japan. This collaboration aims to leverage... -
GameStop Shares Soars as Meme Stock Trade Drags On
GameStop shares are trading sharply higher today as the meme stock mania looks far from over. The gaming retailer last week announced that it has raised almost $1 billion through a stock sale in an apparent bid to capitalize on... -
Donald Trump’s Cryptocurrency Holdings Surpass $10 Million Amid Presidential Election Build-Up
Former U.S. President Donald Trump has seen significant returns on his crypto investments. His on-chain cryptocurrency holdings recently surpassed the $10 million mark on May 27, a milestone primarily driven by the increased value of the MAGA (TRUMP) meme coin.... -
Donald Trump Urges U.S. to Strive for Crypto Industry Supremacy
Former President Donald Trump disclosed that the United States should strive to be the global leader in the cryptocurrency industry, refusing to settle for anything less than the top position. He made this known shortly before his scheduled address at... -
SRC20 Protocol Distinguished for Exceptional Data Permanence on Bitcoin Network
A recent study by consultancy firm Universelle has spotlighted the SRC20 protocol for its "unmatched data permanence," distinguishing it from other Bitcoin network protocols like BRC20 and Runes. The report praises SRC20 for its unique ability to maintain data integrity... -
Robert Kiyosaki Urges Investment in Bitcoin as Bond Market Teeters
Renowned 'Rich Dad, Poor Dad' author Robert Kiyosaki has issued a stark warning about the potential collapse of the bond market, urging investors to divert their funds into "safer real assets" like Bitcoin. Kiyosaki criticizes financial advisors for promoting bonds... -
SEC Greenlights Regulatory Filings for Multiple Spot Ether ETFs
In a pivotal development for the cryptocurrency industry, the United States Securities and Exchange Commission (SEC) has authorized critical 19b-4 filings for spot Ether ETFs. This approval allows several major exchanges to list these ETFs, signalling the SEC's increased willingness... -
Federal Reserve Survey: Just 7% Used Cryptocurrency in 2023, Disputing Coinbase Data
The latest "Economic Well-Being of U.S. Households in 2023" report issued by the Federal Reserve, which was conducted by Ipsos, reveals a significant gap in cryptocurrency adoption among Americans. Contrary to claims made by Coinbase, which assert that over 52... -
Brokerages Turn Bullish on Chinese Stocks as Hang Seng Enters Bull Market
Chinese stocks have underperformed global markets over the last decade and the Hang Seng index fell to multi-year lows earlier this year. However, they have since rebounded and the Hang Seng is now in a bull market after having risen...
