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DraftKings Inc. has agreed to a $10 million settlement in response to a class-action lawsuit alleging that its sale of non-fungible tokens violated state and federal securities laws. The lawsuit, initiated in 2023, argued that DraftKings’ NFTs should have been…
News
Ondo Finance dominates the real-world asset sector in transaction volume, outpacing other RWA tokens, despite the current market downturn. Ondo Finance (ONDO) is leading the RWA sector in terms of transaction volume, significantly outperforming other RWA tokens in recent months,…
ONDO
Ondo
News
Polter Finance has partnered with blockchain security provider FailSafe to enhance its security system to prevent future exploits. According to a press release sent to crypto.news, Polter Finance’s collaboration with FailSafe will ensure the implementation of real-time threat detection and…
BASE
Base
Feature
On Jan. 14, 2025, Gary Gensler had a farewell interview on CNBC. On January 20, he will step down as the chairman of the SEC. What were their conclusive words to the crypto community? At the very start of the interview, the…
News
The U.S. SEC is set for a significant shift in cryptocurrency policy under the incoming Trump administration. According to Reuters, the SEC is preparing to review its enforcement actions, potentially freezing or even withdrawing cases that do not involve fraud…
BTC
Bitcoin
News
CEO of Daiwa Securities believes Japan should allow for crypto exchange-traded funds to enter the local market. Daiwa is one of the many companies pushing for Japan to approve crypto ETFs. According to a Bloomberg report published on Dec. 24,…
News
In an amended complaint against crypto exchange Binance and former CEO Changpeng Zhao, the U.S. SEC stated it never intended to label cryptocurrencies as securities. While expanding the Binance lawsuit to include three more tokens, the Securities and Exchange Commission…
Opinion
If there is to be a benefit of the SEC’s Wells Notice to OpenSea, it will at least be for regulatory clarity in the realm of NFTs.
Feature
Could Operation Choke Point 2.0 and the SEC’s focus on OpenSea and Custodia push the crypto industry into a corner? SEC strikes the crypto industry again… As the U.S. approaches the upcoming presidential elections, the crypto industry once again finds…
Opinion
If the digital asset industry exerts the influence it so clearly now has, then stablecoins can continue to proliferate, and millions can reap the benefits of financial inclusion.
News
Crypto markets saw an XRP god candle after the Ripple v. SEC ruling, but AMLBot’s CEO warned that an appeal from the agency could stall price momentum. Last year, Ripple’s (XRP) initial triumph over the SEC lifted markets. Sentiment that…
XRP
XRP
News
The U.S. Securities and Exchange Commission has accused BitClout founder Nader Al-Naji of fraud and violating federal securities laws. According to the SEC complaint filed in a U.S. District Court for the Southern District of New York, Al-Naji offered unregistered…
News
The U.S. House of Representatives failed to override President Biden’s veto of a bill to end SAB 121, a controversial SEC guidance. Although most representatives voted against the veto of a SAB 121 resolution, the votes did not meet the…
News
Hydrogen Technology Corporation executives have been sentenced for operating a multimillion-dollar crypto securities fraud scheme. A federal Florida judge has sentenced Michael Kane, the chief executive of Hydrogen Technology Corporation, a New York-based crypto firm, to nearly four years in…
Opinion
Securitization is no revolution, and speculative excitement around the tokenization of real estate markets is far-fetched.
News
Bitcoin maxi Michael Saylor opined that several crypto altcoins, like Ethereum and Ripple, will not achieve institutional acceptance this decade.
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