Ripple Strengthens Legal Defense with Form C Filing in Ongoing SEC Battle
TL;DR Ripple has filed Form C to appeal a portion of the 2023 court ruling. The SEC is not challenging whether XRP is considered a security in itself.…
Cryptocurrencies
Buterin Slams Michael Saylor’s Bitcoin Custody Proposal as ‘Insane’
TL;DR Vitalik Buterin has strongly criticized Michael Saylor’s recent comments on Bitcoin custody. Saylor suggested that Bitcoin users should trust large banks, such as…
Bitcoin Spot ETF Outflows Begin After 7 Days of Gains, Led by ARKB
TL;DR US spot Bitcoin ETFs saw $79 million in outflows after seven days of net inflows. ARKB was the main driver of outflows, while…
Scroll (SCR) Experiences an 18.4% Drop After Its Launch
TL;DR Scroll has launched its governance token, SCR, initially at $1.40, but it fell to $1.14, marking a decrease of 18.4% and a market…
Metaplanet Secures $67 Million to Expand Bitcoin Holdings
TL;DR Metaplanet raised 10 billion yen through a stock sale. The company continues to expand its Bitcoin reserves, accumulating more than 850 BTC since…
Misspelling ‘Soneium’ Could Drain Your Crypto, Warns Scam Sniffer
TL;DR A sponsored link on Google, when searching for “Soneium,” can lead to a malicious site that drains crypto wallets. Scam Sniffer reports that…
Ethereum Approaches $3,000 with New High and Growing Investor Interest
TL;DR Ethereum (ETH) reached a new high of $2,735 before dropping to $2,665, reflecting a 1.25% increase in the last 24 hours. Open interest…
Bitcoin Holders Reach All-Time High as Institutional Adoption Soars
TL;DR Bitcoin investors are increasingly willing to hold their assets, according to data from Glassnode. Bitcoin reserves on centralized exchanges have decreased significantly since…
Vitalik Buterin: Crypto’s ‘Baptisms of Fire’ Will Drive Future Growth
TL;DR Vitalik Buterin highlights the importance of crises in the crypto industry for its growth. The collapse of FTX and other investment funds exposed…
Venmo Partners with MoonPay to Simplify Crypto Purchases for 60 Million Users
TL;DR Seamless Integration: Venmo’s partnership with MoonPay allows its 60 million users to buy cryptocurrencies directly through their Venmo accounts, simplifying the process without…
Indian National Sentenced to 5 Years for $20 Million Cryptocurrency Fraud
TL;DR An Indian citizen has been sentenced to five years in prison for crypto fraud using fake websites imitating Coinbase. The fraud allowed him…