Ad Former SEC branch chief Lisa Braganca warned the public against using certain emojis in promotional materials following a court ruling that classified DapperLabs’ use of emojis as investment advice. Braganca issued the warning via Twitter while referring to a recent court ruling against DapperLabs. Lisa Braganca via Twitter (24/02/2023) Using emojis relating to rocket…
Ad The International Monetary Fund (IMF) warned that giving cryptocurrencies the status of legal tender or official currency could lead to adverse effects on the monetary sovereignty and stability of a nation. The UN financial agency considers this to be the first of nine elements to create effective policies for crypto assets, according to a…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 5…
Ad United States District Court Judge Victor Marrero has ruled in a case against Dapper Labs that NFTs associated with NBA Top Shots are likely securities. On Feb. 22, Marrero denied Dapper’s request to dismiss the suit, stating that the NFTs offered on Dapper’s platform “plausibly” satisfy the requirements of a security. In his ruling,…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 4…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 3…
Ad Yuga Labs Co-Founder, Greg Solano, announced on Feb. 18 that Bored Ape Kennel Club would change its logo following copyright allegations against the company related to images from Easy Drawing Guides, a learn-to-draw company. Below is the BAKC logo alongside the Easy Drawing Guides image, illustrating the apparent similarities between the two. The BAKC…
Ad A former top employee of FTX is preparing to reach a plea deal with U.S. prosecutors, Bloomberg News reported Feb. 17. The publication reported that Nishad Singh, who served as FTX’s director of engineering, plans to plead guilty as Manhattan prosecutors prepare to file charges. Based on previous developments, the U.S. Attorney’s Office for…
Gemini Exchange Company in North America Gemini is a regulated digital asset exchange and custodian that allows customers to buy, sell, store, and stake digital assets in a regulated, secure, and compliant manner. More about Gemini Info Twitter LinkedIn
Ad Former NBA player Paul Pierce agreed to pay $1.409 million to the U.S. Securities and Exchange Commission (SEC) as penalties for his undisclosed promotion of the unregistered securities token EthereumMax (EMAX), according to a Feb. 17 statement. The SEC said the NBA star received over $244,000 worth of EMAX tokens to promote the tokens…