John Reed Stark, former Chief of the SEC Office of Internet Enforcement, recently shared his insights on the Ripple decision in a LinkedIn post. Stark’s analysis, published on July 16, 2023, provides a detailed breakdown of the court’s ruling, which he believes is a momentary cause for celebration at best and is ripe for appeal. … Continue reading Former SEC Officer Analyzes Ripple's Momentary Celebration in SEC Lawsuit
The U.S. Securities and Exchange Commission (SEC) has charged John A. DeSalvo, a former New Jersey State Correctional Police Officer, with fraudulently raising funds through the unregistered offering of the Blazar Token, a crypto asset security he created. The token saw its downfall in May 2022. DeSalvo initiated the Blazar Token in November 2021. By … Continue reading Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC
On 17 October 2023, The Sandbox (crypto symbol: SAND), a leading decentralized virtual world platform and a subsidiary of Animoca Brands, welcomed Nicola Sebastiani as its new Chief Content Officer, marking a significant stride in its global content development endeavor. The announcement also introduced two other executive reshuffles within the organization. Nicola Sebastiani, with a … Continue reading The Sandbox Appoints Nicola Sebastiani as Chief Content Officer
The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against Terraform Labs and its co-founder, Do Kwon, by submitting a demand for the company to pay civil fines and disgorgement in the amount of billions of dollars. The SEC has filed a petition in response to a judgement in a civil matter, … Continue reading SEC Seeks $5.3B Judgment Against Terraform Labs and Do Kwon
Wikipedia is the largest online encyclopedia and one of the top 5 websites worldwide in terms of web traffic. While Wikipedia has been dominant in decades, the ecosystem of the encyclopedia is likely to be changed with the advent of blockchain. Everipedia is a wiki-based online encyclopedia which adopts EOS blockchain technology. Besides, a cryptocurrency … Continue reading Exclusive: Why is Everipedia Built on EOS, not on Ethereum?
The United States Commodities and Futures Trading Commission (CFTC) confirmed that LedgerX has not yet been approved to offer physically-settled Bitcoin futures in contrary to previous announcements. LedgerX has officially launched their product on July 31, as they revealed to CoinDesk that they had launched the first physically-settled Bitcoin futures contracts in the U.S, surpassing Intercontinental Exchange’s Bakkt and TD Ameritrade-backed ErisX. CEO of LedgerX, … Continue reading LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures
The Premier League championship, Manchester city had signedSouth Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan, and South-East Asia. Gacha games involve virtual currency. The club will now be featured in the Superbloke’s online game FC superstar. This development is said to enable … Continue reading Premier League Champion Manchester City Tokenizes its Players via Superbloke
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE 13 September 2019 Rejection of Conditional Proposal from HKEX Further … Continue reading Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX
Nigeria’s Unity Bank has entered into a collaboration with Binkabi, a commodity trading structure that is blockchain-based. The primary objective of this partnership is to propel lending to Nigeria’s agriculture sector. Expressly, Binkabi will avail blockchain-based agricultural solutions, whereby value addition will be availed to SMEs and farmers by propelling quality storage for farm produces … Continue reading Nigeria’s Unity Bank Collaborates with Binkabi for Blockchain-Based Agricultural Solutions
Greta Thunberg, the 16-year-old has been on the headlines for the global climate crisis movement and has delivered a compelling speech at the 73rd United Nations General Assembly (UNGA) on how businesses and political involvement have stolen her dreams by the lack of response to the crisis. The burning platform created by Thunberg and the Global Climate … Continue reading Blockchain Unleashed at the United Nations General Assembly on the Global Crisis