‘The Future is Now Film’ has been enlightening its audience over the past 5 years showcasing the amazing feats that blockchain technology has endured and overcome. Even in such a short time, it’s now clear just how revolutionary cryptocurrencies and blockchain technology have come out to be. Starting in the 1990’s with the internet of […]
US Supreme Court halts Coinbase cases in its first crypto ruling
The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23. The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases. Plaintiffs in the […]
Robust crypto fundamentals pull through after May’s monthly red candle: Report
What are the current trends in VC investment in the crypto sector, and when will the bear market finally end? In May, Bitcoin (BTC) posted its first monthly loss since December 2022 with a negative 6.98%. However, this consolidation was not obviously driven by a change in fundamentals or the broader macroeconomic environment. The crypto […]
SEC waives BlockFi’s $30M fine until creditors are paid
The U.S. SEC was at the top of BlockFi creditor’s list with a $30 million settlement balance from February 2022. The United States Securities and Exchange Commission (SEC) has agreed to postpone the payment of a $30 million fine from bankrupt crypto lender BlockFi until creditors are paid back. The amount represents the balance of […]
Institutional Interest Fuels Crypto Rally as Market Adds $110 Billion in 7 Days
During the past week, crypto assets increased in value by 9.62%, rising from $1.10 trillion to the current $1.21 trillion. Apart from the listed stablecoins, the top 20 crypto assets by market capitalization all experienced gains this week, as $110 billion was injected into the crypto economy. Crypto Market Surges, Rally Led by Pepe, Stacks, […]
Supreme court rules in favor of Coinbase, issues order to move user lawsuit into arbitration
The U.S. Supreme Court ruled in favor of cryptocurrency exchange Coinbase in a dispute involving the enforcement of arbitration clauses on June 23, Reuters reported. The court issued an order to halt proceedings in one of the pending customer lawsuits — Bielski vs. Coinbase — while the exchange followed up on its appeal. A second […]
Bitcoin breaks $31k as it continues to shake off recent slumps
As ongoing regulatory pressures ramp up towards several cryptocurrencies, Bitcoin (BTC)has shown impressive resilience, breaking the $31,000 barrier today and marking its highest close of the year. This jump comes after a prolonged period of stagnant trading, with Bitcoin wavering between $25,000 and $30,000 since March 16. BTCUSD (Source: TradingView) The liquidation volumes for each […]
Supreme Court Hands Coinbase Landmark Victory in High-Stakes Arbitration Case
The post Supreme Court Hands Coinbase Landmark Victory in High-Stakes Arbitration Case appeared first on Coinpedia Fintech News In a landmark decision, the Supreme Court has ruled in favor of Coinbase, the leading cryptocurrency exchange, in a high-stakes arbitration case. This ruling marks a significant milestone in the legal recognition and regulation of cryptocurrency exchanges. […]
Binance Hires Former Justice Department Prosecutor in Fight with SEC
Coinspeaker Binance Hires Former Justice Department Prosecutor in Fight with SEC Amid its ongoing legal fight with the US Securities and Exchange Commission (SEC), crypto exchange Binance has hired a former white-collar prosecutor of the Department of Justice (DoJ), as per the court filing on Thursday, June 22. M. Kendall Day, a partner at Gibson […]
IMF still pushing CBDCs while continuing to highlight crypto risk
A recent IMF post was extremely favourable towards countries in Latin America and the Caribbean using central bank digital currencies, while denigrating El Salvador’s adoption of Bitcoin. The post by the International Monetary Fund suggested that Latin American and Caribbean (LAC) countries were making “significant strides in the introduction of central bank digital currencies (CBDCs). […]