FractureLabs, the developer of the online game “Decimated,” has filed a lawsuit against Jump Trading. accusing the firm of market manipulation, Bloomberg News reported on Oct. 16. The complaint alleges that Jump... Read more »
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on... Read more »
Bitcoin miner Marathon Digital Holdings said it has secured a $200 million line of credit from an undisclosed lender, according to an Oct. 15 statement. According to the company, the credit facility... Read more »
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam... Read more »
The sharp rally in crypto markets on Oct. 14, partially catalyzed by Vice President Kamala Harris unveiled a “smart regulatory framework” for digital assets, reflects a deep well of investor enthusiasm, according... Read more »
Key Takeaways Litecoin briefly surged past $70 after Canary Capital filed with the SEC for a Litecoin ETF. Given that the SEC views most crypto assets as securities, it remains unclear whether... Read more »
South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession,... Read more »
Tokyo-listed investment firm Metaplanet continues its aggressive Bitcoin acquisition strategy, adding over 450 BTC to its holdings this month. On Oct. 15, Metaplanet CEO Simon Gerovich announced the purchase of 106.976 BTC... Read more »
Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the... Read more »
The U.S. Securities and Exchange Commission (SEC) has charged multiple market makers and individuals with manipulating crypto asset markets, alleging they created fake trading activity to mislead retail investors. These schemes, including... Read more »
