In a recent decision, the Third Circuit Court of Appeals has partially sided with Coinbase in their lawsuit against the Securities and Exchange Commission (SEC). This means that part of the case has been decided in favor of Coinbase. According to Coinbase Chief Legal Officer, Paul Grewal, the court determined that the Securities and Exchange … Read more
Coinbase has announced support for the meme coin Peanut the Squirrel. On January 14, 2025, at 9:00 am Pacific Time, the platform intends to initiate Peanut the Squirrel (PNUT) token trading on the Solana network, provided that sufficient liquidity is available. When a plentiful amount of this asset becomes available, we’ll gradually introduce trading with … Read more
Cliff Asness, one of the co-founders at AQR Capital Management, referred to Bitcoin as a speculative bubble, given its dramatic surge past $100,000 following the 2024 U.S. presidential election in November. Clifton Asness expresses ongoing doubt about Bitcoin’s (BTC) lasting worth because it lacks concrete, everyday applications beyond mere speculation and illegal dealings. In an … Read more
Chainalysis has acquired the artificial intelligence-powered fraud detection startup Alterya. On January 13th, it was announced through a press release that the blockchain analytics company, Chainalysis, had been acquired for approximately $150 million. However, the specific financial terms of the deal were not revealed in Chainalysis’ statement. According to a Business Insider report, this acquisition … Read more
Donald Trump Junior, the oldest son of the incoming U.S. President Donald Trump, has taken on a strategic advisory role at the prediction market platform called Kalshi. Trump Jr.’s recent involvement showcases a burgeoning fascination with technology and financial creativity, particularly in the realm of innovation. Kalshi, established in 2018, provides an opportunity for users … Read more