The U.S. Securities and Exchange Commission has filed a lawsuit against New Hampshire-based crypto startup LBRY Inc., accusing the company of selling unregistered securities in the form of its token. …
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FTX likely to get the rights to the Miami Heats Arena name
Crypto exchange FTX will likely gain the naming rights to the Miami Heats’ sports arena, according to the Miami Herald. Over the past several weeks, FTX negotiated a $135 million deal …
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Federal Judge’s Decision May Hurt Cryptocurrency Users’ Privacy Rights
A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges. …
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Boston Fed and Massachusetts Institute of Technology To Release Digital Dollar Prototypes In July
Researchers at the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) will unveil prototype central bank digital currency systems as early as July, according to a new …
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Bitcoin mining shares have surpassed BTC by 455% in the past 12 months
Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months. Appearing on CNBC, Fundstrat’s vice president of digital …
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U.S. court authorizes Ripple co-founders to file a dismissal motion
Another development occurred in the ongoing Ripple-SEC lawsuit. Ripple co-founders Brad Garlinghouse and Chris Larsen have been allowed by the court “to file a motion to dismiss the cases against them.” According to legal …
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Wyoming’s ‘DAO law’ to pass State Senate in a 28-2 vote
The upper chamber of Wyoming’s legislature has passed a bill that, if approved, would clear the way for decentralized autonomous organizations, or DAOs, to become incorporated under state law. The …
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US Federal Reserve: digital currencies can ‘coexist’ with cash
Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per …
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Morgan Stanley to becomes 1st big U.S. bank to offer its wealthy clients access to Bitcoin funds
Morgan Stanley is the first big U.S. bank to offer its wealth management clients access to bitcoin funds, CNBC has learned exclusively. The investment bank, a giant in wealth management with $4 trillion in …
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BREAKING: Bitcoin Rises To $ 51K Mark As US Senate Pass $ 1.9 Trillion Covid Aid Bill
At 17:24 UTC on Saturday (March 6), U.S. Senate Majority Leader Chuck Schumer announced that Senate Democrats had just managed to get passed a $1.9 trillion COVID-19 relief bill (“American Rescue …
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