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A Crypto Ruling Ripples Across the Industry - The Journal. - WSJ PodcastsLast week, a federal judge ruled that crypto company Ripple Labs did not violate securities laws by selling its token to retail investors. The ruling is seen as a setback for the Securities and Exchange Commission's strategy to regulate cryptocurrencies and as a victory for the crypto community as a whole. WSJ’s Vicky Huang explains. Further Listening: -SEC Chair Gary Gensler On His Crypto Crackdown -A Crypto Exchange Crackdown Further Reading: -Ripple Ruling Deals a Blow to SEC’s Effort to Regulate Crypto
Source: WSJ - 🏆 98. / 63 Read more »
OpenSea halts trading of staked-ether NFTs as creator calls marketplace 'unlicensed casino'The most popular NFT marketplace by number of traders stops trading of Ether.Fi's staked-ether tokens.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Ethereum ICO Participant Transfers $116M ETH After 8 Years of DormancyA wallet that received over 61,000 $ETH after the initial coin offering (ICO) in 2015 transferred the entire amount to a wallet linked to crypto exchange Kraken, blockchain data shows. By shauryamalwa.
Source: CoinDesk - 🏆 291. / 63 Read more »
Celsius could repay all USD claims if Bitcoin, Ether prices rose by 2X: Simon DixonThe total Recovery under the orderly wind-down comes to $3,519 million which exceeds the total assets available at $3,417 million. This discrepancy is accounted for by the variable cost. Based on the final deal with the Fahrenheit consortium, which won the bid to acquire the assets of CelsiusNetwork in May, if the BTC price touches $54,879 and the ETH price reaches $3,750, Celsius could repay all claims from the price appreciation of both assets.
Source: Cointelegraph - 🏆 562. / 51 Read more »