Category: Crypto

The SEC has hit a setback after Judge Analisa Torres denied its settlement bid with Ripple, saying the request to void an injunction and cut penalties lacked legal grounds. The ruling delays efforts to dismiss appeals and complicates Chair Paul Atkins’ push for clearer crypto rules.
The post Judge Torres Shatters SEC-Ripple Pact, Sparking Crypto Regulation Turmoil appeared first on Cryptonews. …

Eric Trump Token has rocketed 6,200% after its May 16 launch on Solana’s Pump.fun, reaching a $140M market cap. Yet blockchain sleuths warn that more than 80% of the supply sits in only 10 wallets, mirroring distribution patterns behind earlier Solana meme-coin rug pulls like WOLF and MELANIA.
The post Eric Trump Token Skyrockets 6,200% – Is a Solana Rug Pull Next appeared first on Cryptonews. …

Panama City Mayor Mayer Mizrachi has sparked speculation about the city creating a Bitcoin reserve after meeting with two of El Salvador’s leading Bitcoin strategists.
The post Panama City Mayor Teases Bitcoin Reserve Plan After Meeting El Salvador Officials appeared first on Cryptonews. …

Tinian, a Northern Mariana Islands municipality, has overridden a governor veto to issue the Marianas US Dollar, a USD-backed stablecoin on the eCash network. Backed by cash and Treasuries, it is paired with internet casino licenses to widen tourism and revenue.
The post Tinian Defies Veto, Unveils First U.S. Public USD Stablecoin on eCash Network appeared first on Cryptonews. …

The DOJ has charged 12 people aged 18-21, plus one older defendant, with a cyber racketeering scheme that netted $263 m in cryptocurrency. Prosecutors say the group laundered funds through mixers before converting them to cash for luxury cars, watches, rentals and $500 k nightclub tabs.
The post DOJ Busts Crypto Ring: $263M RICO Scam Fueled Supercars, $500K Parties appeared first on Cryptonews. …

Luxembourg’s financial watchdog has granted Bitstamp its CASP license under the EU’s landmark crypto law MiCA, authorizing the exchange to offer trading, custody, and order execution services across the European Economic Area.
The post Bitstamp Secures EU CASP License Under MiCA, Approved by Luxembourg Regulator appeared first on Cryptonews. …

A growing number of financial institutions are turning to stablecoins, with 90% either actively using or preparing to integrate them into their operations.
The post 90% of Institutions Now Using or Exploring Stablecoins, Fireblocks Finds appeared first on Cryptonews. …

In this Dogwifhat price forecast we look at how the token has behaved as it reaches a critical resistance at $1.
The post Dogwifhat Price Forecast: WIF Faces Critical Resistance Around $1, Is $2 Possible This Month? appeared first on Cryptonews. …

Coinbase is under SEC investigation for the accuracy of its reported 100m “verified users” figure, which was initially included in its 2021 public offering but omitted in 2023.
The post SEC Probes Coinbase Over Misrepresentation of User Data: Report appeared first on Cryptonews. …

DDC Enterprise is planning to buy 100 BTC as an immediate acquisition and targets 500 BTC within six months and 5,000 BTC within 36 months.
The post Chinese Firm DDC Enterprise Plans Strategic Bitcoin Reserve, Targets 5,000 BTC Accumulation appeared first on Cryptonews. …