SEC drops Ethereum investigation to avoid ‘embarrassing’ court case

With Tesla’s suspension of Bitcoin payments causing chaos in crypto markets today, critics have targeted CEO Elon Musk’s cavalier attitude to the dramatic effects his words and actions can have on the sector.On May 13, Tesla and Musk announced that it had ceased accepting BTC as payment for vehicles due to concerns regarding the “rapidly…

A judge at Russia’s Supreme Arbitration Court has argued that the term digital assets should be included in the Russian Civil Law, local state-backed media agency Federal Press reports on June 4.Lyudmila Novoselova, chairman at the Court for Intellectual Rights of Russian Federation and a judge at the Supreme Arbitration Court, has introduced the institution’s…

With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England. 211 Total views 10 Total shares Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a

Top crypto exchange Binance has launched its mining pool, however, the crypto community is concerned about the centralization of hashing power. 1881 Total views 44 Total shares Leading cryptocurrency exchange Binance launched its mining pool "Binance Pool" on April 27. The pool will operate with zero fees until May 31, after which the rate will be…

Users automatically receive rewards on some of their crypto positions. The eToro trading platform announced on Thursday the launch of a dedicated staking service for its clients, letting users earn staking rewards from Cardano (ADA) and Tron (TRX).Users who hold positions in either of these currencies will be eligible for staking rewards, awarded monthly. The…

Bitcoin price is gearing up for a second attempt at $12,000 and altcoins continue to rally higher. Bitcoin (BTC) price perked up on August 5, rallying from $11,090 to $11,784 before briefly retracing to the $11,650 area as the daily close approached. Currently the price trades near the $11,500 support after bulls were unable to…

Bitcoin (BTC) climbed to fresh all-time highs on Jan. 7, coming within striking distance of $40,000.Cryptocurrency market overview. Source: Coin360BTC price reaches $37,800Data from Cointelegraph Markets, Coin360 and TradingView showed Bitcoin getting yet another boost overnight on Wednesday as protestors stormed the Capitol in Washington D.C.After showing signs of continuing strength during trading the day…

While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent. After detailed research, the NPCI has developed a distributed ledger technology mechanism to provide a highly secure, tamper-proof database for…