BitGo Acquisition Deal Leads to Bankruptcy Filing for Prime Trust Subsidiary Banq
Banq, the payments subsidiary of crypto custodian Prime Trust, filed for bankruptcy in the United States on June 13th, according to court documents. Just days after the announcement of a…
MiCA Regulation Welcomed by Ripple as US Lawsuit Spotlights Uncertainty
Despite a drawn-out legal dispute with the US Securities and Exchange Commission (SEC) concerning its XRP (XRP) token, Ripple, a provider of cryptocurrency payment services, continues to experience global acceptance…
Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
Ripple Welcomes Europe MICA Regulation Ripple has welcomed the new European Market Infrastructure Regulation (MICA), which was recently adopted by the European Parliament. The regulation is designed to provide a…
Regulators Set to Make the Crypto Industry Primarily Focused on Bitcoin, According to Michael Saylor
Regulatory enforcement actions against cryptocurrency companies in the U.S. could lead to a Bitcoin (BTC)-oriented sector that would propel its price beyond $250,000, according to Michael Saylor, co-founder of MicroStrategy….
Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor
Introduction Michael Saylor is the CEO of MicroStrategy, a business intelligence software company. Recently, he has been vocal about his views on the future of Bitcoin and the crypto industry….
Ethereum Continues to Operate Despite AWS Outage in the US
Despite a minor outage of Amazon Web Services (AWS), the Ethereum network nodes that largely depend on Amazon’s hosting were not affected. At 12:08 PM PDT on June 13, the…
AWS went down in the US, but Ethereum kept humming
AWS went down On June 29, Amazon Web Services (AWS) went down for several hours, causing problems for many companies and services that rely on its infrastructure. This outage affected…
Investigation Requested into Bill Hinman’s Notorious Address by Ripple’s Alderoty
Ripple’s Chief Legal Officer, Stuart Alderoty, has urged for an inquiry into what prompted the ex-SEC official, William Hinman, to make his famous speech in 2018. Alderoty’s call for an…
Ripple’s Alderoty calls for probe into Bill Hinman and his infamous speech
Ripple Alderoty Probe The U.S. Securities and Exchange Commission (SEC) is currently investigating Ripple’s involvement in the Alderoty case. This case involves former SEC Director Bill Hinman, who made a…
Negotiating a Deal to Avoid a Total Asset Freeze Between SEC and Binance.US
Binance.US and the United States Securities and Exchange Commission (SEC) have come to an agreement on a plan that will prevent the exchange from having to freeze all of its…