Linus Financial, a Nashville-based crypto platform, has settled its dispute with the SEC out of court. Previously, the project offered pooled crypto investment opportunities to its users in exchange for fiat. However, the firm voluntarily winded down its operations when a similar firm got into hot water with the securities regulator over a nearly identical...Read More
The Commodity Futures Trading Commission (CFTC) announced that it had initiated and successfully settled legal actions against the Opyn, ZeroEx, and Deridex platforms. The three decentralized finance protocols allegedly failed to register various derivatives trading offerings. As stated in the official press release, Deridex and Opyn faced allegations of not registering as a swap execution...Read More
Axie Infinity ($AXS) is one of the world’s most popular projects with its blockchain-based play-to-earn (P2E) gaming software. The $AXS token recently witnessed a decrease in value, causing significant losses for its holders. 99% of all $AXS addresses are currently in the red, and these investors may be searching for a profitable cryptocurrency ICO to...Read More
Although Ripple scored a partial court victory against the SEC earlier this summer, the battle is far from over, as the agency has formally requested the right to appeal against the decision. The US securities regulator’s response comes after the deadline for Ripple to present its opposition passed on September 1. Recall arguably the most...Read More
The now bankrupt crypto exchange, which actually has intentions to restart operations at some point, reportedly wants to retrieve some of the money it paid to professional athletes and teams that used to promote it. Some of those names, according to Bloomberg, include Shaquille O’Neal and Naomi Osaka, but Tom Brady has not been mentioned....Read More
Amidst growing anticipation for the imminent launch of a Bitcoin Spot ETF, market observers have been left puzzled by what appears to be a relatively muted response. In an attempt to shed light on this conundrum, prominent crypto analyst and YouTube personality, Crypto Rover, has shared some valuable insights. The general consensus is that a...Read More
