the GAO highlighted blockchain’s ability to streamline and improve annual reporting, facilitating safe loans and monitoring business development progress among others.
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Cathie Wood’s ARK sells 135k Coinbase shares as COIN hits $90
Cathie Wood is taking profits from ARK Invest's Coinbase holdings by selling a small portion of its COIN stash.
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering.
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
Ripple may be holding its breath a bit longer after a United States District Judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security.
On July 11, New Hampshire District Court Judge Paul Barbadoro made the ruling in the case the United States Securities and Exchange Commission (SEC) brought against the decentralized content platform LBRY.
The ruling may have offered legal precedent to fellow District Court Judge Analisa Torres, who is set to make a decision on the SEC’s case against Ripple in the coming months.
In his ruling, Judge Barbadoro said:
“Accordingly, I take no position on whether the registration requirement applies to secondary market offerings of LBC.”
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering.
Grayscale CEO: BlackRock ETF filing a ‘moment of validation’ for Bitcoin
BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein.
Arkham CEO rebuts claims of ‘snitch-to-earn’ program, says it's to find bad actors
Arkham CEO Miguel Morel said public blockchains are "probably the worst possible way of keeping one's private information private.”
‘Extended reality’ to create 860K jobs by 2025: EU Commission
The European Commission has laid out its plans for becoming a “world leader” in Web 4.0 and the Metaverse.
Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements
The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors.
Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements
The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors.
US Senate Finance Committee asks digital asset community how to tax it in open letter
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so.
Experiments show AI could help to audit smart contracts, but not yet
Artificial intelligence has proven effective at identifying security vulnerabilities, but early tests indicate it won’t be able to replace humans for a while.
Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust
Fir Tree hinted at potential additional litigation against Grayscale and parent company Digital Currency Group based on what its GBTC documentation may reveal.
Multichain Executor has been 'draining' AnySwap tokens: Report
The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious.
Multichain Executor has been 'draining' AnySwap tokens: Report
The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious.
Cardano network activity and ADA’s oversold price action hint at a powerful breakout
Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit against Binance and Coinbase.
The lawsuit triggered a 42.5% drop in ADA’s price from $0.37 to a two-year low at $0.21 within a few days after SEC’s lawsuit.
Additionally, the token faced further downside selling pressure due to delisting on U.S.-based trading apps Robinhood and eToro.
However, under the hood, the network has been making progress with an uptick in DeFi activity after a scalability upgrade in May.
The technical and on-chain analysis of the token also shows potential for a positive recovery.
Cardano network activity and ADA’s oversold price action hint at a powerful breakout
Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit against Binance and Coinbase.
The lawsuit triggered a 42.5% drop in ADA’s price from $0.37 to a two-year low at $0.21 within a few days after SEC’s lawsuit.
Additionally, the token faced further downside selling pressure due to delisting on U.S.-based trading apps Robinhood and eToro.
However, under the hood, the network has been making progress with an uptick in DeFi activity after a scalability upgrade in May.
The technical and on-chain analysis of the token also shows potential for a positive recovery.
Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows
Blockchain equities inflows reached a recent high of $15 million as well. However, total trading volume dropped.
Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows
Blockchain equities inflows reached a recent high of $15 million as well. However, total trading volume dropped.
Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows
A third straight week of positive digital asset inflows has fully corrected nine previous weeks of outflows for the market, according to a report from CoinShares published on July 10.
This week’s inflows registered $136 million. Bitcoin (BTC) funds continued their trend of holding the anchor position, with 98% of the inflows coming from BTC. The other 2% mostly came from Ether (ETH), multi-asset holdings, and a handful of altcoins.
Source: Screenshot, CoinSharesAfter nine weeks where digital asset outflows outpaced inflows, this third consecutive week of positive movement brings the current streak’s total to $470 million. According to Coinshares, this total fully corrects for the previous outflow streak.
Bitcoin inflows showed no signs of slowing down this past week after posting year-long highs in the previous two. As Cointelegraph previously reported, BTC inflows for last week were $123 million. This week adds $10 million, bringing the two-week inflow haul for BTC alone to $256 million.
This continues Bitcoin’s crypto market dominance by extending its total market cap from last week’s 51.46% to a reported 51.66% share as of July 11.