Key Insights: Cardano’s Voltaire upgrade promises enhanced governance, setting it apart from competitors in the decentralized blockchain space. Crypto analyst Dan Gambardello predicts Cardano may hit $0.50 by October 2024, signaling a…
Category: Cryptocurrency
Crypto.com Takes SEC to Court Over Unlawful Crypto Regulations
Key Insights: Crypto.com sues SEC, claiming regulatory overreach threatens crypto innovation. SEC faces growing legal challenges from Crypto.com, Coinbase, and industry groups. Crypto lawsuit could reshape U.S. crypto regulation, clarifying industry guidelines….
Chainlink Partnerships and Staking Drive Optimism for Future Price Surge
Key Insights: Chainlink’s collaborations with financial giants like SWIFT and ANZ are driving institutional adoption. Chainlink’s staking increases scarcity, potentially boosting its price and market cap in the coming years. The Cross-Chain…
Michael Terpin’s $24M Crypto Lawsuit Against AT&T Revived by Federal Court
Key Insights: Michael Terpin’s $24 million lawsuit against AT&T moves forward, alleging telecom failure led to a SIM swap crypto theft. The court reinstates Terpin’s claim under the Federal Communications Act, requiring…
Bitcoin Gains Momentum as US PCE Inflation Cools Boosting Q4 Outlook
Key Insights: Cooling US PCE inflation strengthens expectations for further Fed rate cuts, boosting Bitcoin’s bullish outlook for the fourth quarter. Matrixport forecasts a strong Bitcoin rally in Q4, driven by historical…
Worldcoin Hit With $830K Fine by South Korea Over Privacy Law Breaches
Key Insights: Worldcoin fined $545K for mishandling user biometric data and failing to disclose data transfers overseas as required. Tools for Humanity faces a $285K fine for breaching data transfer protocols and…
Rari Capital Settles SEC Charges as Ex-Official Criticizes Crypto Regulation
Key Insights: An ex-SEC official blasts the agency’s enforcement focus amid Rari Capital’s recent settlement charges. Rari Capital faced SEC charges over unregistered activities and misleading investors about autonomous management. SEC’s “whack-a-mole”…
Succinct Labs and OP Labs Collaborate to Enhance ZK Rollups
Key insights: OP Succinct upgrades OP Stack chains to ZK rollups in 1 hour, slashing costs and boosting transaction speed. ZK rollups offer faster finality and lower gas fees, eliminating dispute periods…
Nigerian SEC Grants Approval in Principle to Two Crypto Exchanges
Key Insights: Nigerian SEC grants AIP to Busha and Quidax, the first crypto exchanges approved under the Accelerated Regulatory Incubation Program. Nigerian SEC’s new regulatory programs aim to create a robust framework…
Crypto Exchange Halts Withdrawals for Elderly to Prevent Scams
Key Insights: Independent Reserve monitors elderly users’ transactions, contacting them directly to prevent potential crypto scams. Crypto scams target all age groups, with younger users also at high risk, especially in the…
Ripple Attorney Questions SEC’s Crypto Scam Alert on X Platform
Key Insights: XRP lawyer Fred Rispoli questions SEC’s crypto scam warnings, accusing the agency of misleading investors through ambiguous regulation. Legal actions against major crypto firms like Binance and OpenSea fuel ongoing…