The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones, which regard them as value-affirming elements, to the negative ones, which state that there is no value behind them. Bitcoin.com News examines the views of Solana’s Anatoly Yakovenko, Avalanche’s Emin Gün Sirer…
Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues
April 1, 2024
The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be permissionless while blocking some of these…
PRESS RELEASE. Geneva, Switzerland, March 28, 2024 – HackaTRON Season 6, co-hosted between TRON DAO, HTX DAO, BitTorrent Chain, and JustLend DAO, introduces an exciting lineup of new sponsors, partners, and judges.
Showcasing HackaTRON Sponsors
Diamond Sponsors:
Ankr…
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
March 29, 2024
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency.
Bitwise Aims for SEC Approval With Spot Ethereum ETF, Backed by Correlation Data
Bitwise’s proposed ETF, conducted in partnership with NYSE…
Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for “top-tier talent” to help them…
Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our…
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets.
Kucoin’s Legal Battles Shine a Bright Light on…
According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian…
Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations
March 27, 2024
The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws.
Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering Failures
Damian Williams, the…
SEC Asks Judge to Fine Ripple $2 Billion in XRP Case — Ripple CEO Says 'There Is Absolutely No Precedent for This'
March 27, 2024
The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines from Ripple Labs in the ongoing XRP lawsuit. “There is absolutely no precedent for this,” exclaimed Ripple’s CEO regarding the $2 billion fine. “We will continue to expose the SEC for what they are when we respond to this.”
SEC Wants Ripple to Pay $2 Billion
The U.S. Securities and Exchange Commission…
