Oregon sues Coinbase for offering 31 unregistered crypto tokens, including XRP and ADA. State claims Coinbase misled users by promoting risky, unvetted investments. Lawsuit could spark similar state-level actions, reshaping crypto regulation. Oregon has brought legal action against Coinbase, charging the cryptocurrency exchange with selling and marketing unregistered digital currencies to citizens. The lawsuit may … Read more
Unicoin has rebuffed the U.S. Securities and Exchange Commission’s (SEC) attempt to negotiate a settlement agreement to close an ongoing probe into the Miami-based crypto company, its CEO Alex Konanykhin revealed in a Tuesday letter to investors. In his letter, Konanykhin said Unicoin was given an “ultimatum” by the SEC to attend a settlement negotiation … Read more
Bitcoin has broken above $93,000 for the first time in seven weeks, extending its post-Easter rally as recent macro events have analysts expecting more upside. Bitcoin (BTC) has climbed 5.62% over the past 24 hours and surpassed $93,000 on April 22 for the first time since March 3, continuing a 12% price rally its seen … Read more
The Oakland Coliseum will host matches in Major League Cricket (Photo by Ezra Shaw/Getty Images) Getty Images For cricket to make a splash in the Bay Area, administrators needed to dream big. They knew the fledgling Major League Cricket, a monthlong T20 tournament played in summer, had to be staged in a venue with deep … Read more
SOL Strategies Inc. (CSE: HODL, OTCQX: CYFRF), a Canadian-listed firm building institutional-grade infrastructure for the Solana blockchain, has secured a $500 million convertible note facility with U.S.-based investment firm ATW Partners. The deal, signed on April 23, marks the largest capital commitment to date tied directly to Solana token staking and introduces a novel yield-sharing … Read more
In brief Quantum computers can generate “certifiably random” numbers that are truly unhackable, unlike traditional computers. Researchers used a 56-qubit quantum computer to create 70,000+ verified random bits that would require massive supercomputing power to fake. True randomness could revolutionize security for encryption, blockchain, and digital signatures, though implementation remains challenging. A team of researchers … Read more
Malaysia is accelerating its push into blockchain, holding discussions with Binance’s founder as it aims to become Southeast Asia’s leading hub for tokenization and digital finance. Binance Founder Joins Forces With Malaysia to Supercharge Blockchain Agenda Malaysian Prime Minister Anwar Ibrahim announced a strategic engagement with Binance founder and former CEO Changpeng Zhao (CZ) on … Read more
Trump Media and Technology Group (TMTG) has joined forces with Cryptocom to introduce innovative investment products themed around cryptocurrencies under the banner of TruthFi. This collaboration is set to embrace a “Made in America” ethos with its Exchange-Traded Funds (ETFs), showcasing a blend of digital currencies and traditional securities. The launch, anticipated by the end … Read more
US President Donald Trump’s media conglomerate, Trump Media and Technology Group, has signed an agreement with crypto exchange Crypto.com to launch exchange-traded funds “with a Made in America focus.” Trump Media, which operates the social media site Truth Social, said on April 22 that it signed a binding agreement with Crypto.com and asset manager Yorkville … Read more
The US Securities and Exchange Commission and federal prosecutors have charged a man they allege created a crypto scheme that swindled 90,000 people out of $200 million in the hopes of earning returns from Bitcoin and forex trading. The SEC said on April 22 that it had charged Ramil Palafox, a dual citizen of the … Read more