Shibarium developers continue with upgrades

Bulls stage epic buyback of trillions of SHIB amid Shiba Inu price plunge

The Society for Worldwide Interbank Financial Telecommunication (Swift) on Tuesday announced a collaboration between major banks and Web3 infrastructure provider Chainlink to trial connecting private and public permissionless blockchains. Swift is a global financial messaging system that underpins most international money and securities transfers. In 2022, it initiated tests to explore the int…

Binance CEO Changpeng Zhao (CZ) described the U.S. Security and Exchange Commission lawsuit against his firm as an attack on the entire crypto industry. On June 5, the SEC filed a lawsuit against Binance, and related entities, alleging federal securities law violations placing American investors at risk, including the firm offering of unregistered security tokens in BNB, ADA, and ALGO, among othe…

The SEC is suing Coinbase a day after it went after Binance. In the lawsuit, filed on Jun. 6, the SEC alleges that Coinbase has been operating as an unregistered exchange.  The SEC names Coinbase and CGI — Coinbase’s holding company — as defendants in the suit. The lawsuit alleges: “Since at least 2019, through the Coinbase Platform, Coinbase has operated as: an unregistered broker, incl…

If granted, the motion requests the repatriation of assets and the preservation of records.

The US Securities and Exchange Commission has filed a lawsuit against Coinbase – in what seems to be the latest turn of events. The motion comes a day after the SEC also filed against Binance. The two cryptocurrency heavyweights are under some serious fire, but a closer look into the lawsuit against Coinbase reveals some interesting details. One of the more interesting findings (or the lack of) …

XRP Ledger passes major test in quest to surpass Ethereum's dominance

XRP (XRP) has staged several promising price rallies this year, driven by a mix of factors, including increasing user engagement, rising social interest, and positive developments in Ripple’s lawsuit against the US Securities and Exchange Commission (SEC).  In that light, crypto expert Ali Martinez, also known as ali_charts on Twitter, pointed out a notable spike in the number of new XRP addr…

SEC Chair Gary Gensler appeared on CNBC’s Squawk Box to discuss the recent lawsuits filed by the SEC against Binance and Coinbase. The lawsuits accuse both platforms of operating as unregistered securities exchanges. Gensler’s main thrust was that Coinbase, Binance and other crypto exchanges are evading American regulation and that “there’s been clarity for years.” “It’s fundamentally a lac…