Hester Peirce’s Crypto Task Force Takes Charge, But Will Courts?

Hester Peirce is on a mission to clean up the SEC’s crypto mess. But as her task force takes action, legal experts warn the real fight will be in the courts. A new era of crypto regulations For years, the crypto industry has operated in a regulatory fog, where rules felt like shifting targets rather […]

Pump.fun’s lawsuit takes a dark turn—Max Burwick alleges family attacks

Burwick, leading the case against Pump.fun, claims the platform allowed offensive tokens targeting his family in an effort to intimidate him. Pump.fun, a widely used meme coin launchpad built on the Solana (SOL) blockchain, has gained traction as a platform where users can create, trade, and speculate on tokens within minutes. While it has fueled […]

Public Citizen Takes On Trump’s Meme Coin; Will It Collapse?

Public Citizen just threw a legal wrench into Trump’s meme coin empire — calling it a disguised gift and a national security risk. What’s cooking? Trump’s meme coin gamble under fire A new controversy is brewing in the crypto world, and at its center is none other than U.S. President Donald Trump. On Jan. 17, […]

India takes cue from US, re-examines crypto regulations

India is reevaluating its cryptocurrency stance in response to changing global attitudes. Economic Affairs Secretary Ajay Seth told Reuters that India’s review considers the changing positions of multiple jurisdictions regarding cryptocurrency usage and acceptance. This reassessment has delayed the release of a cryptocurrency discussion paper originally scheduled for September 2024. “More than one or two […]

Cipher Mining takes home $50 million

The final week of January saw a strong focus on AI and infrastructure development, with Cipher Mining securing $50 million from SoftBank. The week’s funding reached over $200 million, with investments spread across various sectors, from mining operations to identity solutions and gaming platforms. Let’s look into the key deals that were completed, according to […]

D.E. Shaw takes stake in Riot, may push for changes

D.E. Shaw has acquired a stake in bitcoin mining firm Riot Platforms and may push for strategic changes, Reuters reported, citing sources familiar with the matter.  The size of the hedge fund’s position remains undisclosed, and both Riot and D.E. Shaw declined to comment. This marks the second activist investor to take an interest in […]

Bitcoin strategic reserve left hanging even as Trump takes office, what next?

Bitcoin hit a new all-time high in anticipation of Trump’s inauguration and prioritization of crypto, however the event disappointed many traders. BTC has since corrected to $105,000 on Tuesday. US-based crypto assets could face volatility in the weeks ahead if the Bitcoin strategic reserve and other promises made pre-election are left unfulfilled.  Bitcoin missing from […]