Ripple asks court to reject SEC’s $2b claims

Ripple, the company behind XRP, declined the U.S. Securities and Exchange Commission’s demand to return approximately $2 billion over institutional sales of XRP tokens. Ripple’s lawsuit counters that the disputed amount is relatively insignificant and accuses the Securities and Exchange Commission (SEC) of bullying tactics in the digital asset sector. Recently, the SEC presented papers … Read more

Solana-Based Memecoin Hipposol is Set on a Moonbound Mission

London, United Kingdom, April 23rd, 2024, Chainwire The cryptocurrency world is abuzz with excitement over the debut of Hipposol, a fresh meme coin making its entry on the reliable and quick Solana blockchain. Instead of merely reaching for the stars, Hipposol aspires to touch the moon. A Journey Beyond the Stars In the expansive digital … Read more

Injective Boosts INJ Deflation by 400% with 3.0 Tokenomics Update

The governing body of Injective recently approved a significant revision to its token economics, introducing the INJ 3.0 system. This change will substantially modify Injective’s economic framework. The community-driven choice aims to boost the deflationary aspect of the INJ token noticeably. INJ 3.0 has been launched on the mainnet, making $INJ a noteworthy deflationary cryptocurrency … Read more

WazirX Receives 1,700 Law Enforcement Requests, 100% Compliance

During the period from October to March, WazirX, the leading cryptocurrency exchange in India by trading volume, reported receiving approximately 1,700 investigative requests from both domestic and international law enforcement agencies. On Tuesdays, WazirX’s latest Transparency Report unveils a perfect record in addressing data requests, as indicated in the document. The report discloses that the … Read more

Crypto lobbyists file lawsuit against SEC on ‘dealer’ definition

The Blockchain Association and the Crypto Freedom Alliance of Texas have initiated a lawsuit against the U.S. Securities and Exchange Commission. Two opposing sides argue that a recent rule set by the SEC, effective from February, may harm the crypto sector. This new regulation applies federal securities legislation to market players with substantial functions in … Read more