[ad_1] US judge has dismissed several core claims by the Securities and Exchange Commission (SEC) in a case against Binance. In a post shared by the cryptocurrency exchange today (Tuesday), Binance noted that the federal judge had dropped multiple important arguments brought by the SEC, strengthening the company’s defense in the legal tussle against the watchdog.SEC’s Key Claims RejectedSpecifically, the court’s decision dismissed the contention that crypto tokens, including Binance’s native BNB and its fiat-backed stablecoin BUSD, could be categorized as securities. Judge Amy Berman Jackson of the United States District Court for the District of Columbia has ruled that…
Author: dfrancis36
[ad_1] Set against the backdrop of the vibrant Bitcoin 2024 conference in Nashville, Tennessee, Satoshi Summer Camp is poised to be the highlight for families attending the event. This two-day extravaganza promises to blend fun, education, and community-building in a way that’s never been done before.At the heart of Satoshi Summer Camp is the Family Fun Zone, a hub of activity where children and families can engage in a variety of enriching experiences. From instructor-led crafts to kid-approved snacks, and even an indoor play space, there’s something for every member of the family to enjoy. Parents can relax and connect…
[ad_1] Stablecoin issuer Tether has partnered with a technology and strategy company specializing in virtual and crypto assets to develop educational initiatives in Türkiye. This collaboration reportedly aims to equip individuals with the knowledge to navigate the digital age.MoU to Advance Crypto EducationAccording to the press release, the new agreement with BTguru reflects Tether’s broader aspiration for Tether EDU, a global initiative dedicated to making education accessible and boundless. The MoU has outlined plans to develop comprehensive programs that introduce private and public stakeholders in Türkiye to the benefits of blockchain and peer-to-peer technology. These programs will reportedly leverage BTguru’s…
[ad_1] Undemonstrated Effectiveness and EfficiencyI’m not aware of any study establishing the effectiveness of KYC measures in combating money laundering. And it’s not for lack of searching.Conversely, there are numerous studies tending to conclude the opposite. Ronald Pol, a researcher at La Trobe University in Melbourne, synthesized in a research paper published in 2020, many works: Anand 2011; Brzoska 2016; Chaikin 2009; Ferwerda 2009; Findley, Nielson, and Sharman 2014; Harvey 2008; Levi 2002, 2012; Levi and Maguire 2004; Levi and Reuter 2006, 2009; Naylor 2005; Pol 2018b; Reuter and Truman 2004; Rider 2002a, 2002b, 2004; Sharman 2011; van Duyne 2003,…
[ad_1] In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the market approaches several key economic releases that could significantly influence the trajectory of major cryptocurrencies like Bitcoin (BTC) and Solana (SOL). History Repeating For The Crypto Market? Yan’s analysis began with an overview of the current market recovery, noting that both BTC and SOL are “grinding at key technical levels nicely now,” suggesting a potential setup for a breakout similar…
[ad_1] Bitcoin & Beyond is an educational series by the team at The Rollup focused on a new and emerging class of builders in the Bitcoin ecosystem. Through spaces, panels, and interactive presentations, the objective is to provide deep technical insights into innovative scaling projects.In an interview with Chase from Molecule, we dive into the growing appetite for next-generation virtual machines (VMs) aimed at enhancing Bitcoin’s programmability and scalability. Molecule is one company at the forefront of this experiment. Their attempt to implement Solana’s Virtual Machine (SVM) with Bitcoin is a strong signal that builders are also considering alternatives to…
[ad_1] The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend, while others advise caution. Related Reading ENS: Price Explosion & Renewed Investor Interest ENS, the native token of the Ethereum Name Service, which translates human-readable domain names into machine-readable wallet addresses, surged by over 2% in the past day. This propelled the token as one of the highest gainers today. ENS briefly surpassed the $33 mark. It is currently trading…
[ad_1] Cardano (ADA) has faced a significant blow after losing its top position as the leading network for development activities. Despite the Cardano founder, Charles Hoskinson, lauding major updates and developments within the blockchain network, ADA has been overtaken by other crypto networks, pushing it down to fifth place. ADA Loses Top Spot For Network Development Activity In a recent X (formerly Twitter) post, Santiment, a market intelligence platform outlined a list of the top-ranking cryptocurrencies with the highest development activities. Cardano, which has been a major front-runner in developmental projects, has consistently topped charts, recognized by its research-driven approaches…
[ad_1] A top analyst known for making well-timed crypto calls is unveiling a huge price target for the Solana (SOL)-based memecoin dogwifhat (WIF). Pseudonymous analyst Bluntz tells his 264,200 followers on the social media platform X that WIF appears to be in the early stages of a fresh five-wave rally. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to go through a five-wave upside move. The trader shares a chart suggesting that WIF could skyrocket to as high as $11 by November of this year before concluding its five-wave surge. “Don’t be afraid to dream…
[ad_1] Ethereum price started a downside correction from the $3,520 zone. ETH is stable above $3,420 and might attempt another increase in the near term. Ethereum started a downside correction after it failed to surpass the $3,520 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $3,470 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $3,470 and $3,520 resistance levels to continue higher. Ethereum Price Corrects Lower Ethereum price started a decent upward move above the $3,420 level.…