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π Ripple Says $10M Penalty Enough, Rejects SECβs Ask of $1.95B Fine in Final Judgment
π Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.
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π Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates
π The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.
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π Venezuela Looks to Tether to Bypass Sanctions: Reuters
π Venezuela's state-run oil company started experimenting with Tether in 2023.
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π Reynolds Foundation Donates $1 Million To Fund Bitcoin And Open-source Projects
π 100% of the funds will go towards funding "projects and contributors working on freedom tech."
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π Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
π Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
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π Stacks Begins 2-Step Rollout of Major βNakamotoβ Overhaul
π The upgrade seeks to solve congestion issues, and will officially launch in May.
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π Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg
π Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a βgross abuse of powerβ while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg.
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π Bitcoin is Borderless: How Decentralization and Permissionless Grant Autonomy Across Political Jursidictions
π Bitcoin exists outside the control of central authorities and in doing so, allows individuals to control and safeguard their wealth regardless of the political and social climate they find themselves in. The seventh installment of β10 Steps to Self-Sovereigntyβ powered by Ledger.
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π Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
π Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
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π NYSE Asks Market Participants About 24/7 Trading for Stocks
π The New York Stock Exchange has asked market participants to weigh in on its proposal to operate 24 hours a day, the same schedule that cryptocurrencies operate on, the Financial Times reported.
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