SEC In Turmoil: Internal Rebellion Erupts Over NFT Showdown, Regulators At War?
In a recent development, two prominent commissioners at the US Securities and Exchange Commission (SEC), Mark Uyeda and Hester Peirce, have expressed their dissent against the agency’s enforcement action on Non-Fungible Tokens (NFT). As reported by Bitcoinist on Monday, the SEC had initiated legal proceedings against media and entertainment company Impact Theory, which resulted in […]
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San Francisco-based cryptocurrency exchange Kraken finds itself in the midst of a legal showdown with the Internal Revenue Service (IRS) as it fights against the agency’s request for user data. On its part, the IRS seeks to investigate potential tax liabilities of Kraken customers who engaged in cryptocurrency transactions between 2016 and 2020. However, while […]
CoinJar is getting into the holiday spirit, or as they call it, “the bitcoin-giving spirit.” The personal finance startup is running the CoinJar Bitcoin Donation Showdown this Christmas season to help raise funds in support of two non-profit organizations. Dubbed ‘Puppies vs. Computers,’ the CoinJar team has created a friendly competition between two of their favorite Australian non-profits, PetRescue and Electronic Frontiers Australia. The two organizations will face off in an attempt see which one can raise the most bitcoin donations. The CoinJar Bitcoin Donation Showdown team is....
Josh Wise has won the Sprint Fan Vote and will drive in Sprint All-Star Race this Saturday. The Reddit community, which is the main reason why Wise won, proves why dogecar backwards is race god. Reddit's r/Dogecoin thread had aggressively been pushing the campaign to vote Josh Wise in the Sprint Fan Vote. Some users even tried using voting booths until CAPTCHAs were employed and voting restricted to 100 votes per day. The dogecoin community on Reddit has been waiting eagerly to hear the news and it has been spreading fast. Clint Bower was the Sprint Showdown winner and AJ Allmendinger was....
One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company. Moneygram Distances Itself From Ripple in the Midst of the US SEC Lawsuit According to the official statement, Moneygram pointed out that its collaboration with the blockchain firm doesn’t involve using the ODL platform or Ripplenet for direct transfer of consumer funds, “digital or otherwise.” Also, they added that “Moneygram is....
Bitcoin is erupting higher once again after managing to pass $17,000 just hours ago earlier this morning. It appears that the cryptocurrency is entering the “blow-off top” phase of the market cycle, surging hundreds of dollars higher over the span of a few hours. At the local peak, Bitcoin traded for $17,750, though now trades […]