SEC Faces Further Setbacks in Court, Grayscale Wins Spot Bitcoin ETF Approval Review

by Александр Пирогов | Dec 21, 2023 | Blog News

The U.S. Securities and Exchange Commission (SEC) encountered another legal setback, this time in a petition for the review of its rule on share repurchase data. This follows recent defeats in lawsuits involving XRP and Grayscale. In the Grayscale case, the US Court...

Elon Musk’s New X Upgrade Praised by Crypto Community

by Александр Пирогов | Dec 20, 2023 | Blog News

Elon Musk has unveiled a significant upgrade to the X social media platform, particularly focused on improving the Community Notes feature. Musk’s announcement on Twitter generated excitement within the crypto community, with several influential figures...

Bitcoin bounces back to 43K USD

by Александр Пирогов | Dec 20, 2023 | Blog News

Bitcoin (BTC) faced substantial selling pressure, plunging to a low of $40,500 recently. Despite the market’s initial downturn, BTC swiftly turned around within the past day, reclaiming a position above the $43,000 level. The cryptocurrency’s resilience in...

Judge Blocks DCG from Changing Genesis Ownership During Bankruptcy

by Александр Пирогов | Dec 20, 2023 | Blog News, Uncategorised

A judge has ruled that Digital Currency Group (DCG) is prohibited from making any ownership changes with Genesis until the latter exits bankruptcy. This decision ensures that Genesis remains protected under DCG’s tax consolidated group, providing specific...

HashKey Capital Secures Full Capital Markets License in Singapore

by Александр Пирогов | Dec 20, 2023 | Blog News

Crypto asset manager HashKey Capital has successfully obtained a full capital markets service license from the Monetary Authority of Singapore (MAS). The license allows HashKey Capital to operate as a regulated capital markets service provider in Singapore, providing...

Montenegro Appeals Court Cancels Extradition Approval for Do Kwon

by Александр Пирогов | Dec 20, 2023 | Blog News

The legal saga surrounding Do Kwon, co-founder of Terra Labs, takes an unexpected turn as Montenegro’s Appellate Court annuls a previous decision to extradite Kwon. Citing procedural errors and a lack of clarity in the legal process, the court’s decision...