A U.S. judge has ruled that lawsuits alleging securities violations by cryptocurrency companies Gemini and Genesis are valid. District Judge Edgardo Ramos denied a motion to dismiss filed by Gemini cryptocurrency exchange and cryptocurrency lender Genesis in a U.S. SEC complaint filed through the Earn program hosted by the two companies until the end of 2022. In a March 13 court order, Judge Ramos said the SEC had provided sufficient grounds to allege that Gemini and Genesis violated U.S. securities regulations. The decision, issued in the U.S. District Court for the Southern District of New York, cited the Howey and…
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A U.S. district judge has denied a request by the Securities and Exchange Commission to dismiss a case brought by cryptocurrency exchange Gemini and cryptocurrency lender Genesis regarding their Gemini Earn program. Judge Edgardo Ramos said in an order Wednesday in the U.S. District Court for the Southern District of New York that the SEC “plausibly alleged” that Genesis Global Capital, LLC and Gemini Trust Company, LLC offered and sold unregistered securities. The judge cited the Howey test and the Reves test, which implement a multi-step test to determine whether assets fall within the securities laws.“Under Howey and Reves, the…
Cryptocurrencies have recently experienced incredible development and growth, with impressive figures showing the rapid development of this digital asset. From soaring market valuations to record-breaking transactions, the cryptocurrency industry captivates investors and tech enthusiasts.Thousands of cryptocurrencies are available, with a total market capitalization reaching trillions of dollars. The scale and potential of this industry is truly astonishing. From the rapid growth of decentralized finance (DeFi) platforms to the emergence of non-fungible tokens (NFTs) as a new form of digital art ownership, the cryptocurrency space continues to evolve and reshape our understanding of value and ownership. Let’s take a look at…
Binance introduced “Make Money Wednesday,” offering attractive APRs on products like USDT and USDC, as well as exclusive rewards for BNB holders. Binance, a leading global cryptocurrency exchange, announced the launch of “Earn Wednesday,” an innovative limited-time offer series designed to provide cryptocurrency investors with higher returns on a variety of digital assets. The new plan was revealed in a recent announcement on Binance’s official support page dated March 13, 2024. The “Make Money Wednesday” program offers Binance users a unique opportunity to increase their profits through a variety of products, including Simple Earn, BNB Vault, ETH staking, and dual…
St. Patrick’s Day: One day when everyone is Irish, the rivers are green and wearing leprechaun hats is the fashion. Ah, tradition! We celebrate keeping snakes out of Ireland and find pots of gold as real as the opportunity to enjoy a Guinness in peace. Now, if you want a real chance at finding real gold coins, try entering GameArt’s Sweet Greens tournament. It starts on March 15th and the total prize pool is €100,000. This is your chance to turn legends into fortunes and compete for cash in an early appearance by Stingy Jack (the miserable Irish drinker who…
Fjord raises $4.3 million to connect early-stage Web3 projects with participating backers – Chainwire housenewsroomFjord has raised $4.3 million to connect early-stage Web3 projects with participating backers. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical…
The imminent release of the Ethereum Dencun upgrade at 14:00 UTC today, March 13th, has seen a notable spike in the prices of native tokens for layer 2 protocols including Arbitrum, Polygon, and Optimism.According to CryptoSlate’s According to the data, the sector has surged around 5% in the last 24 hours, reaching a total market capitalization of $20.21 billion. This growth maintains the consistent upward trend of 10% observed throughout the week.Layer 2 Token IncreaseIn the past 24 hours, Arbitrum’s ARB token has surged about 10%, reaching $2.18. This surge coincides with the team’s plans to launch over $1 billion…
Tech mogul Elon Musk, known for his ventures in space and electric vehicles, also has an undeniable influence in the cryptocurrency market. His tweets have historically been the catalyst for significant price movements, especially for cryptocurrencies like Dogecoin (DOGE). Musk’s recent cryptic hints have sparked speculation about the next cryptocurrency and are attracting a lot of attention. Option 2 Trade (O2T) As a potential “new gold” in the cryptocurrency space. Dogecoin (DOGE)’s fascinating journey from light-hearted meme to cryptocurrency with a substantial market presence highlights the unpredictable nature of the cryptocurrency market. Dogecoin (DOGE) Not only did it gain a…
join us telegram A channel to stay up to date on breaking news coverage The price of Pepe has surged 5% in the last 24 hours. Traded for $0.00000871 As of 0:25 AM EST, trading volume was down less than 1% to $1.4 billion. Pepe was one of the best-performing meme coins last month, recording a 789% increase and hitting an all-time high (ATH) of $0.000009793 on March 9. This increase occurred after the token was listed on Newton. Regulated exchange in Canada. $PEPE Listed on Canada’s most highly regulated exchange. @newton_crypto pic.twitter.com/MHU157Pf4C — Plasma (@Plazma0x) March 11, 2024 Pepe…
join us telegram A channel to stay up to date on breaking news coverage The price of Pepe has surged 5% in the last 24 hours. Traded for $0.00000871 As of 0:25 AM EST, trading volume was down less than 1% to $1.4 billion. Pepe was one of the best-performing meme coins last month, recording a 789% increase and hitting an all-time high (ATH) of $0.000009793 on March 9. This increase occurred after the token was listed on Newton. Regulated exchange in Canada. $PEPE Listed on Canada’s most highly regulated exchange. @newton_crypto pic.twitter.com/MHU157Pf4C — Plasma (@Plazma0x) March 11, 2024 Pepe…