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SEC's claim that Coinbase Wallet is an unregistered broker rejected
The court rejected the SEC's claim that Coinbase Wallet is an unregistered broker. The judge affirmed that Coinbase operates within the federal securities laws.
However, the SEC retains the right to take further legal action alleging that the exchange continues to offer and sell unregistered securities.
➡️ Crypto News | Tech Updates | NFT News✅
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21Shares launches ETP steaking on Toncoin
21Shares, an issuer of exchange-traded products, has launched an ETP steaking on Toncoin (TON).
The ETP is called TONN and has been launched on the SIX Swiss exchange.
TONN tracks the performance of Toncoin, collects and reinvests steaking revenues back into ETP.
➡️ Crypto News | Tech Updates | NFT News✅
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Crypto speak: GRIND
This term is used not only in crypto but also, for example, among gamers.
“Grinding” is doing hard, tedious, or boring work to achieve a goal.
In the NFT space, it refers to “Discord grinding,” where, for some collections, users must frequently participate in a collection’s Discord server to get on a collection’s whitelist.
Grinding can also be referred to as constantly searching for and participating in various airdrops and token giveaways (where there’s no guarantee that these tokens will ever be needed and gain real value).
➡️ Crypto News | Tech Updates | NFT News✅
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Crypto speak: NFA
“NFA” is an abbreviation for “nonfinancial advice,” a disclaimer that this person is unqualified to provide financial advice and that their opinion should not be considered as such.
Most crypto resources use this expression to comply with legal requirements, but this word is often used in an ironic sense, just to recommend some coin.
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Crypto News | Tech Updates | NFT News
#1 Source of Cryptocurrency News & Сryptocurrency education Link for friends -
https://t.me/+BfoYfySWNWA3MDdiBuy ads: @Oleg_Akerman1 or
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SEC will go to court to recover $2 bln fine from Ripple Labs
The SEC wants to recover a $2 billion fine from Ripple Labs, the company's chief legal officer Stuart Alderoti said. The claims are part of a multi-year proceeding between the SEC and Ripple Labs.
In turn, Ripple CEO Brad Garlinghouse said that the SEC has "repeatedly acted outside the law." He also rebuked Commission Chairman Gary Gensler for "not paying enough attention to the Sam Bankman-Fried case."
➡️ Crypto News | Tech Updates | NFT News✅
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Cryptocommunity representatives urged Vitalik Buterin to return to the X platform
In the social network X, representatives of the cryptocommunity called on Ethereum co-founder Vitalik Buterin to return to actively maintaining an account on the platform.
According to them, Buterin has been favoring the Farcaster social network lately.
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🔶 The Philippines plans to block Binance in the country, and Nigeria's regulator has filed a criminal case against the platform for tax evasion.
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Crypto Speak: Bounty campaigns
These are various reward techniques aimed at attracting new users. They usually involve tasks and rewards for completing them.
This is how it goes down: You subscribe to a crypto project’s social media and then, say, perform some actions on the platform. For completing tasks, you may be rewarded with bonus coins or given a chance to participate in a draw for valuable NFTs or tokens.
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Cryptocurrency broker Genesis Trading has suspended withdrawals.
Earlier, withdrawals were also stopped in the credit division.
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