IN BRIEF Coinbase has launched a preliminary appeal against the SEC to contest the regulatory definition of “investment contract” in the digital asset sector. Bill Morgan indicates that the result of Coinbase’s appeal might influence the SEC’s ongoing case involving XRP. Coinbase, a major player in the cryptocurrency industry, has taken a significant step by…

Before the advent of Web3, brands predominantly relied on Web2 platforms, notably social media, as their primary channels for connecting with consumers. Recent statistics underscore this reliance, revealing that a staggering 77 percent of businesses utilize social media as a key tool for reaching and engaging with customers. However, the landscape of consumer engagement is…

VeChain, a prominent blockchain platform, has unveiled an exciting collaboration with the Ultimate Fighting Championship (UFC) that promises to revolutionize the way fighter gloves are tracked and authenticated. Through this partnership, VeChain aims to tokenize fighter gloves and harness the power of its VeChainThor network to ensure transparency and reliability in the realm of combat…

Craig Wright, the Australian computer scientist who has famously asserted himself as the elusive creator of Bitcoin, known as Satoshi Nakamoto, has opted to forego his appeal in a high-profile defamation case in Norway. This legal dispute involves Hodlonaut, also recognized as Marcus Granath within the Bitcoin community, a prominent figure known for his contributions…

Sources familiar with the matter indicate that Hong Kong is likely to approve Bitcoin and Ether exchange-traded funds (ETFs) as early as Monday, representing a significant advancement for the cryptocurrency industry in the region. Harvest Fund Management, along with Bosera Asset Management and HashKey Capital, are expected to obtain approval for their spot Bitcoin and…

In a significant development related to the investigation surrounding the Bitcoin theft allegedly involving Luke Dashjr, Mike Schmidt, the co-founder of Brink, disclosed that he had received a subpoena from the Federal Bureau of Investigation (FBI). This subpoena compelled Schmidt to provide detailed information regarding participants who attended the CoreDev Atlanta event held in October…

On Thursday afternoon, prominent figures within the U.S. legislative body, specifically members of the esteemed House Financial Services Committee, engaged in a crucial meeting with Senate Majority Leader Chuck Schumer. The primary agenda of this significant gathering was the much-anticipated stablecoin bill, a legislative initiative that has been eagerly awaited and scrutinized by stakeholders across…

Over the past 24 hours, Bitcoin (BTC) has experienced a notable rebound of 2.5%, propelling its price to $70,561. This surge occurred amidst a broader uptrend in the cryptocurrency market, which witnessed a collective gain of 1.5%. In the span of a week, Bitcoin has demonstrated a 6.5% increase, although it has experienced a slight…

Luno, a cryptocurrency exchange, has become one of the inaugural recipients of a license from South Africa’s Financial Services Conduct Authority (FSCA), enabling the exchange to function as a financial services provider within the nation. In its announcement, Luno disclosed that it has been granted a financial services provider license following the FSCA’s classification of…