The U.S. Court of Appeals for the Second Circuit issued a ruling on Wednesday largely agreeing with a lower court’s 2023 decision to toss out a class action suit against decentralized exchange Uniswap.A group of investors originally sued Uniswap Labs
Investors pulled $508 million from digital asset investment products last week, pushing two-week outflows to $924 million. This reversal comes after an 18-week period of inflows totaling $29 billion. CoinShares attributed the decline to market cautio
Wall Street's main indexes were mixed in choppy trading on Monday, as investors awaited results from chip giant Nvidia for clues on the future of demand for artificial intelligence technology. At 13:30 EST, the Dow Jones Industrial Average was up 0.
The Nigerian government filed an $81.5 billion lawsuit against crypto exchange Binance, claiming back taxes and economic damages caused by crashing Nigeria’s fiat currency. Nigeria’s Federal Inland Revenue Service (FIRS) said Binance has unpaid taxes
Many are speculating that the US Securities and Exchange Commission (SEC), under new leadership since the inauguration of President Donald Trump, could drop some of its enforcement cases against crypto firms.According to multiple filings with the SEC
Today, it was released that this past Friday, Michael Saylor presented his proposal to the SEC's Crypto Task Force, outlining a strategic Bitcoin reserve plan that could generate between $16 trillion and $81 trillion in wealth for the US Treasury.The
The race to bring more cryptocurrency exchange-traded funds (ETFs) to market continues as Nasdaq seeks to list the Canary HBAR ETF. The exchange filed an application with the US Securities and Exchange Commission (SEC) to offer an ETF supported by He
Wall Street's main indexes were set to open higher on Monday, after a sharp selloff in the previous week, while Apple dipped as the iPhone maker announced a $500 billion investment plan. At 10:30 EST, the Dow Jones Industrial Average was up 0.07% at
The Nasdaq Stock Market LLC, on behalf of Canary Capital, submitted a 19b-4 filing with the U.S. Securities and Exchange Commission on Monday for a spot Hedera exchange-traded fund. Back in November, the crypto investment firm was the first to file a
By Emily DattiloThe U.S. Securities and Exchange Commission has officially closed its investigation of Robinhood Crypto, sending shares of the brokerage firm higher on Monday.Robinhood Markets stock gained 1.9% to $52.60 in morning trading, as invest
Strategy, formerly known as MicroStrategy, co-founder Michael Saylor posted the Bitcoin chart that signals an impending BTC acquisition after a one-week purchase lapse.The company completed its latest purchase on Feb. 10 by acquiring 7,633 Bitcoin,
Today in crypto, Bybit fell victim to the biggest hack in crypto history, with North Korean hackers stealing over $1.4 billion in assets. Bybit’s assets have fallen by more than $5 billion since the Feb. 21 hack, but independent audits have confirmed
By Adam ClarkCoinbase shares were rising early Friday after the cryptocurrency exchange said the Securities and Exchange Commission was ready to drop its lawsuit against the company.Coinbase said Friday that enforcers at the SEC will recommend dismis
Canary Capital’s U.S. spot Litecoin exchange-traded fund has been added to the Depository Trust and Clearing Corporation’s list of ETFs on its official website. The DTCC is a provider of post-trade clearance, settlement, custody and information servi
SAN FRANCISCO, Feb. 20, 2025 (GLOBE NEWSWIRE) — Investors in Block, Inc. (NYSE: SQ) n/k/a began to learn of potentially adverse information about the company and its Square and Cash App platforms on Mar. 23, 2023, when Hindenburg Research publishe
There were 1,573 institutions with long exposure to Bitcoin as of the end of 2024, according to findings from Bitcoin analyst and educator Sam Callahan.The researcher took a deep dive into US Securities and Exchange Commission 13F filings, which are
Brazil is expected to launch what could be the world's first spot XRP exchange-traded fund after Hashdex’s XRP fund received approval from the country’s regulator.Brazil’s Securities and Exchange Commission (CVM) gave the greenlight to the Hashdex Na
After two weeks of trading within the $2.30 to $2.50 range, the XRP price appears to be on the brink of a significant price movement. Potentially entering a new price discovery phase for the first time in seven years, analysts suggest a possible surg
The U.S. Securities and Exchange Commission is asking the public to weigh in on whether the agency should approve options trading on a trio of spot Ethereum exchange-traded funds. The SEC asked for those comments on whether to allow the Cboe Exchange
Pantera Capital founder Dan Morehead received a letter from the US Senate Finance Committee (SFC) requesting information on over $850 million in profits earned after moving to Puerto Rico in 2020. The SFC reportedly said in a letter that the executiv