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The SEC Hits a Roadblock in the Legal Bout with Richard Heart Notably, the U.S. Securities and Exchange Commission (SEC) find themselves in unfamiliar terrain in their billion-dollar lawsuit involving cryptographic expert Richard Heart. Considering the recent court filing, it appears that the SEC hasn’t managed to serve Heart effectively, further complicating this high-stakes legalContinue reading “SEC Faces Challenges in Serving Richard Heart with Multi-Billion Crypto Lawsuit”

Miracle in Mining: Lone Bitcoin Miner Hits Jackpot with a Bare 2 PH/s of Computing Power A recent event of remarkable significance in the world of cryptocurrency saw a lone Bitcoin miner hit a jackpot. Despite operating with a minuscule 0.0004% of Bitcoin’s total hashpower, the solo miner succeeded in discovering block 818,588, verifying anContinue reading “Solo Bitcoin Miner Hits Block Reward with Mere 0.0004% of Total Hashpower: A 2 PH/S Triumph”

The Bold Move by Argentina’s President-Elect: Planning to Abolish the Central Bank In a change of political and economic winds, Argentina has etched a prominent mark in its history as its libertarian president-elect, Javier Milei, attains victory in a recent runoff election. Milei secured 56% of the popular vote, which leads to an audacious changeContinue reading “LatAm Analysis: Milei Emerges Victorious in Runoff Election, Promises Argentina’s Central Bank Abolishment; Drex Advocates for Tokenization.”

The Investment Strategy of Robert Kiyosaki: Embrace Bitcoin, Dismiss Fiat Money Robert Kiyosaki, widely recognized for his financial education book “Rich Dad Poor Dad,” has yet again emphasized the potential value of investing in bitcoin. Kiyosaki, who frequently labels fiat currency as “false money,” staunchly believes that workers and those who save in U.S. dollarsContinue reading “Act Now on Robert Kiyosaki’s Advice to Invest in Bitcoin Before Time Runs Out”

Tron’s Justin Sun proposes a ‘Monumental Airdrop’ after HTX, Heco, and Poloniex Security Breaches Following four distressing security breaches, all linked to cryptocurrency platforms in connection with Tron’s founder, Justin Sun, a significant loss of multi-million dollars was experienced. In the cascade of events, Sun put forth an intriguing solution— a declaration of a ‘monumentalContinue reading “Tron’s Justin Sun Reveals Massive Airdrop Following HTX, Heco, and Poloniex Hacks”

A Respite in Bitcoin’s Transaction Charges Amid Rising Rewards for Miners in November Last week’s costly Bitcoin transactions, which had twice shot up to over $18 per transaction, have now reduced. Figures as of November 24, 2023, suggest a considerable reduction in fees with the average payment costing about $5.89 while the median fee perContinue reading “Miner Revenues Soar in November as Bitcoin Transaction Fees Take a Dip”

Key Triumph for SEC in Binance Settlements as per Ex-SEC Official A Major Success for SEC The triumph of the U.S. Securities and Exchange Commission (SEC) in the recent settlements with Binance, the US Department of Justice (DOJ), and other federal authorities is being emphasised by the former head of the internet enforcement division atContinue reading “SEC Achieves Major Triumph in Binance-DOJ Settlements, Claims Former Official”

Blackrock Advocates for In-Kind Creation Procedure for Bitcoin ETF Blackrock, known to be the globe’s biggest asset manager, appears to be advocating for an in-kind creation protocol in developing its bitcoin exchange-traded funds (ETF). This is in stark contrast to the cash creation approach that the United States Securities and Exchange Commission (SEC) prefers. AsContinue reading “Blackrock Advocates for Spot Bitcoin ETF Through In-Kind Creation Method, Reveals Report”

The Appeal for Interim Release of Former FTX CEO Sam Bankman-Fried Denied in Court The former chief of FTX, Sam Bankman-Fried, has been now detained inside the Metropolitan Detention Center located in Brooklyn, New York since August. His lawyers have been tirelessly pursuing his conditional release while getting ready for his appeal. However, their requestContinue reading “Court Confirms Continued Detention of Former FTX CEO Sam Bankman-Fried after Dismissing Release Arguments as Unconvincing”