The crypto community received the decision it had been hoping for when the District of Columbia Circuit Court of Appeals ruled on Grayscale Investments’ Bitcoin spot ETF application. The United States Securities and Exchange Commission (SEC) rejection of the application was overturned. The decision was “a slaughterfest of the SEC arguments,”…
X, formerly known as Twitter, has edged closer to its goal of integrating cryptocurrencies into its services by securing a currency transmitter license in Rhode Island. This development signifies a critical step towards X’s envisioned transformation into a comprehensive “everything app,” akin to China’s WeChat. Under the stewardship of owner…
A federal judge has overturned the United States Securities and Exchange Commission’s decision to deny an exchange-traded fund (ETF) offering from Grayscale Investments through its Bitcoin Trust, but many experts have pointed out the court ruling will not automatically lead to the first spot Bitcoin ETF in the country. In an…
The U.S. Securities Exchange Commission (SEC) submitted a sealed and potentially high-impact court filing in its case against Binance on Aug. 29. The filing in question represents the SEC’s sealed motion to leave to file a document under seal. It also includes 36 attachments, including statements from SEC lawyers Jennifer…
A trio of researchers from the University of Cincinnati recently developed a crypto literacy scale (CLS) to help standardize and measure economic and financial knowledge as it relates to consumer and policymaker understanding of cryptocurrencies and related technology. The team’s research paper, titled “Measuring Crypto Literacy,” details the gap between…
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Leaders of traditional companies across industries may be hearing a lot about the unique versatility and security of blockchain technology and wondering what role it could play in their own businesses. With many pundits proclaiming Web3 and decentraIization to be the future of business and financial transactions, there is likely…
Bitcoin (BTC) neared two-week highs on Aug. 29 as news hit that digital asset manager Grayscale had won a lawsuit against United States regulators. BTC/USD 1-day chart. Source: TradingView SEC was “arbitrary and capricious” with Bitcoin ETF rejection Data from Cointelegraph Markets Pro and TradingView captured an instant BTC price…
Grayscale’s victory against the U.S. Security and Exchanges Commission (SEC) triggered over $90 million in liquidations during the past four hours, significantly impacting traders betting on the further decline of the market. According to data from Coinglass, short traders accounted for 88% of the $97.63 million liquidations recorded in the…
The landscape of web development has undergone a profound transformation with the emergence of Web3 technologies. As blockchain and decentralized applications (DApps) gain momentum, developers are embracing this new paradigm to create a more open, secure and user-centric internet. This article will embark on a journey of learning Web3 development…