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Ripple is pointing to the recent Terraform Labs settlement in a bid to reduce their own penalty from the U.S. Securities and Exchange Commission (SEC).
Earlier this week, the SEC reached a $4.47 billion settlement with Terraform Labs after the stablecoin firm was found liable for defrauding investors of $40 billion in the 2022 TerraUSD and Luna collapse.
The settlement includes $4.05 billion in...
A new proposed class-action lawsuit accuses JPMorgan Chase of illegally sending sensitive personal information on its own customers directly to Facebook.
In a complaint filed in the U.S. District Court for the Southern District of New York, plaintiff Daniel Onn alleges JPMorgan has violated the California Invasion of Privacy Act on a massive scale.
According to the lawsuit, JPMorgan installed a...
One lucky trader is looking at huge profits after one Solana (SOL)-based memecoin soared over 1,200% in just three weeks, according to on-chain data.
Blockchain tracking firm Lookonchain says that one pre-sale participant in Beercoin (BEER) just made off with more than $1 million in profit.
“A BEER pre-sale participant is selling BEER, and he made a total profit of $1.3 million on BEER!
This...
Trader Says Top-10 Altcoin Looks ‘Incredibly Strong,’ Updates Outlook on Ethereum, Solana and Render
A widely followed trader and analyst says that blue skies are ahead for a large-cap altcoin even amid a marketwide correction.
The trader pseudonymously known as Altcoin Sherpa tells his 217,300 followers on the social media platform X that the native token of layer-1 blockchain Toncoin (TON) is in a strong uptrend after hitting an all-time high (ATH) of $8.25 on June 14th.
“This still looks...
A widely followed cryptocurrency analyst and trader believes that Ethereum (ETH) could go up by triple-digit percentage points from the current price.
The analyst pseudonymously known as Credible tells his 396,700 followers on the social media platform X that Ethereum could rise to a five-figure price during the current cycle.
“ETH to $10,000 minimum by end of cycle.
Realistically,...
Seasoned trader Peter Brandt is expressing bearish sentiment on Bitcoin (BTC) as the flagship crypto asset’s price hovers about 10% below the all-time high reached three months ago.
Brandt tells his 729,100 followers on the social media platform X that Bitcoin is exhibiting a bearish chart pattern on the daily time frame.
Based on Brandt’s chart depicting the “Bump, Hump, Slump, Bump, Dump”...
The US Government has seized $5.25 million in six bank accounts at JPMorgan Chase, alleging the funds are the proceeds of a sophisticated fraud scheme.
A complaint filed by the US Justice Department says the funds were stolen from a workers union in Massachusetts that was tricked into wiring millions of dollars directly to scammers.
According to the DOJ, the unnamed union received an email in...
Coinbase has launched support for the newly issued native token of a pirate-themed, role-playing game built on the blockchain.
The top US crypto exchange’s customers can now trade PIRATE, a utility and staking token for the game Pirate Nation.
The Ethereum (ETH)-based token first went live on Wednesday and is up nearly 90% in its first 24 hours.
Coinbase added support for the asset under its “...
The eighth-largest economy in continental Europe is reportedly proposing a new tax on crypto transactions.
According to a new report by Bloomberg, Turkey is seeking to raise taxes as a means of recovering its budget after it was ravaged by earthquakes in 2023.
The plan would haul in an estimated $7 billion for the Turkish government, according to the report.
Turkey’s Ministry of Treasury and...
A proof-of-stake blockchain leapfrogged the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) to become the top non-fungible token (NFT)-related crypto project in terms of development activity, according to the analytics platform Santiment.
Santiment notes that Flow (FLOW), a layer-1 permissionless blockchain, registered 190.77 notable GitHub events in the past 30 days, compared...