In a significant legal victory for Tether and Bitfinex, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York dismissed a class action lawsuit brought against the stablecoin issuer. The lawsuit, filed by Matthew Anderson and Shawn Dolifka in 2021, alleged that Tether’s claims of its stablecoin, USDT,
In the ever-evolving world of Twitter, where breaking news tweets saturate our timelines and blend into a monotonous blur, Lea Thompson, also known as Girl Gone Crypto, has managed to capture the attention of over 225,000 followers with her unique approach. Rather than regurgitating the same old news, Thompson brings her own quirky spin, interesting
Shiba Inu (SHIB) has recently experienced a remarkable surge in its upward movement, driven by the growing anticipation among meme coin enthusiasts for the upcoming introduction of Shibarium. Shibarium is an innovative upgrade to the layer 2 blockchain of Shiba Inu, designed to address scalability and network congestion issues. Set to be released in August,
In a recent announcement, financial technology company Revolut revealed that it will be “suspending” crypto services for its customers in the United States. This decision comes as a result of the evolving regulatory environment and uncertainties surrounding the crypto market in the US. Starting from September 2, 2023, Revolut’s US customers will no longer be
In recent times, the cryptocurrency market has witnessed a surge in the popularity of meme tokens. These tokens, often associated with social media platforms and influential figures like Elon Musk, have skyrocketed in value within a short period. In the latest development, TwitterDAO (TWITTER) experienced an astonishing 11,800% increase in just ten hours. Additionally, Wall
In an unprecedented move, Ukrainian President Volodymyr Zelenskyy has announced “Game4Ukraine,” a charity soccer match that combines the real world with the metaverse. Set to take place on August 5 at Chelsea’s Stamford Bridge in London, this unique event aims to raise funds for the reconstruction of the Mykhailo-Kotsiubynsky Lyceum in Chernihiv Oblast, which was
Cryptocurrency exchange Coinbase recently released its Q2 earnings report, revealing significant revenue despite facing overall losses. The report highlighted various financial figures, including revenue, net loss, adjusted earnings, and transaction revenue. Additionally, Coinbase discussed its market performance and future plans. In Q2, Coinbase reported a total revenue of $708 million, which experienced an 8% decline
Dogecoin (DOGE) has recently faced a decline in its price, raising concerns among traders. However, beneath the surface of these numbers lies an intriguing pattern that might hold the key to future price action. Technical analysis reveals a fascinating pattern on DOGE’s four-hour time frame chart – the bullish flag pattern. This pattern, characterized by
The potential approval of Spot Bitcoin ETFs by the Securities and Exchange Commission (SEC) has been a topic of discussion in the cryptocurrency community. However, MicroStrategy co-founder and former CEO, Michael Saylor, has made it clear that these approvals would not influence the company’s “Bitcoin Strategy.” In fact, Saylor believes that MicroStrategy’s unique approach to
In a surprising and enigmatic move, Bitstamp, Europe’s leading cryptocurrency exchange, has set the XRP community abuzz with speculation by teasing a forthcoming announcement related to the XRP token. On Twitter, the Luxembourg-based exchange shared a short video accompanied by the hashtags #XRP, #XRPL, and #XRPLedger, along with a simple yet tantalizing caption: “tomorrow.” The
