US District Judge Analisa Torres has denied a joint request from the SEC and Ripple Labs for an indicative ruling, labeling it “procedurally improper.” Judge Torres issued the decision on May 15, stating clearly that even if jurisdiction returned to her court, she would reject the motion based on procedural grounds. What Does This Mean … Read more
XRP’s regulatory clarity remains rock-solid as Ripple’s legal chief confirms its non-security status is untouched, even after a court setback stalls a proposed SEC deal. Ripple Legal Chief Defuses Panic After Court Rejects SEC Deal Over XRP Ripple’s chief legal officer, Stuart Alderoty, addressed the crypto community on Thursday following a court ruling that denied … Read more
Coinbase, one of the biggest names in crypto, is dealing with a serious mess. A recent cyber attack targeted the company’s internal systems through a mix of deception and insider manipulation. The Coinbase hack wasn’t just another phishing attempt. It involved insiders, stolen data, and a potential $400 million fallout. Now, the fallout could cost … Read more
While most of the crypto world was busy watching charts and memecoins, one of the biggest sovereign wealth funds on the planet made a serious move. We’re not talking about small players here. The Abu Dhabi Bitcoin investment is coming from a $300 billion fund, that’s a serious signal. Abu Dhabi’s Mubadala Investment Company invested … Read more
Topline The Secret Service and Department of Homeland Security are investigating former FBI Director James Comey, DHS Secretary Kristi Noem said, after he shared an image to Instagram on Thursday showing a message made out of seashells that spelled out “86 47,”, which he later apologized for and said was not a call for political … Read more
Investment momentum continues as Avenir increases its holdings in Islamic Bitcoin ETFs, highlighting the growing institutional interest in cryptocurrency. Avenir’s recent purchase underscores a larger trend among financial institutions embracing digital assets, particularly as regulatory frameworks evolve. “This strategic move not only underscores Avenir’s confidence in the future of digital assets but also marks a … Read more
The State of Wisconsin Investment Board (SWIB), which oversees the state’s retirement funds, unloaded its shares in BlackRock’s iShares Bitcoin Trust ETF (IBIT) during the first quarter, filings show. The Wisconsin Investment Board reported no spot Bitcoin ETF positions in its 13F filing to the US Securities and Exchange Commission on May 15, liquidating all … Read more
Cryptocurrency has emerged as one of the most disruptive technologies of the 21st century. With blockchain providing decentralization, transparency, and security, a tidal wave of retail investors have entered the crypto space, looking to catch the next bull cycle or discover the next high profile token. But not all that glitters is gold. While crypto … Read more
Patrick McHenry, who served as chairman of the House Financial Services Committee from 2023 to 2025, explained that the private opinion of former SEC Chair Gary Gensler on cryptocurrency differed from his public actions. He attributed Gensler’s anti-crypto stance to progressive ideology and Senate politics. Former Representative Patrick McHenry: Gensler Opposed Crypto Due to Senate … Read more
The crypto universe is buzzing with growth stories, and Shiba Inu (SHIB) is back in the limelight. With its current price at $0.000016, a 364% spike in its burn rate, and a history of strong May rallies, SHIB has caught the attention of investors yet again. But as Shiba Inu rides this wave of popularity, … Read more