Tag: criticized
Ripple contests SEC’s US$2 bln fine, suggests US$10 mln
Ripple Labs, the San Francisco payments technology company, has disputed the Securities and Exchange Commission’s (SEC) proposed US$2 billion penalty, labeling it as excessively...
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IRS draft tax form for crypto defines unhosted wallets as brokers
The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19.Ji Kim,...
Bitcoin halving event looms, market volatility spikes
The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its...
Startenders Delivers Intergalactic Bartending On PC VR Soon
Startenders lets you live your intergalactic bartending dreams on PC VR in two weeks.Developed by Foggy Box Games and published by Yogscast Games, Startenders:...
Mempool Founder Mononaut Raises Red Flag Over Bitcoin Layer 2 Implementations
Bitcoin Layer 2 solutions have gained significant traction this year but have also drawn their fair share of criticisms. Mempool founder Mononaut has strongly...
Crypto Industry Reacts to U.S. SEC Signaling Legal Action vs Uniswap | BitPinas
The international and local cryptocurrency communities have had varied reactions after the U.S. Securities and Exchange Commission (U.S. SEC) issued a Wells Notice to...
Pac Finance Sudden Parameter Change Sparks $24 Million Liquidation
Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change...
Miniclip Acquires PowerWash Simulator VR Studio FuturLab
PowerWash Simulator VR studio FuturLab has been acquired by the Miniclip Group.Following last November's launch for PowerWash Simulator VR, FuturLab confirmed the acquisition went...
SEC Takes Aim at DeFi Exchange Uniswap in Potential Enforcement Action
Uniswap Labs is facing a potential enforcement action from the Securities and Exchange Commission (SEC). The regulator is considering taking legal
action against the company...
Hester Peirce, Also Known As ‘Crypto Mom’, Calls For Productive Regulation In Coinbase Global – CryptoInfoNet
Hester Peirce, a Commissioner at the Securities and Exchange Commission (SEC) often referred to as “Crypto Mom,” criticized the agency’s cautious approach to cryptocurrency...
S&P Global Downgrades Five US Banks, Warns Lenders Hold Billions of Dollars in Loans That May Face ‘Material Deterioration’ – The Daily Hodl
Standard & Poors (S&P) just downgraded five more regional banks as pain in the sector continues to spread.
In a new outlook report, S&P says...
Ripple’s XRP Primed For Massive Price Shakeup as Expert Says ‘Non-Security’ Status Could Be in Jeopardy
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The legal battle between Ripple Labs and the Securities and Exchange Commission...
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