U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday. Author: Nikhilesh De
Archives for August 2023
Is Friend.tech a Friend or Foe? A Dive Into the New Social App Driving Millions in Trading Volume
The new social app has driven over 4,400 ETH ($8.1 million) in trading volume in less than 24 hours since its launch, far surpassing OpenSea’s in the same time frame. But with its mysterious origins, lack of privacy policy and lagging network, it raises some red flags. Author: Cam Thompson
Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say
Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds. Author: Elizabeth Napolitano, Ian Allison
Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment
The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend. Author: Shaurya Malwa
First Mover Asia: Bitcoin is CPI Resistant
Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling. Author: Sam Reynolds
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