The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2. The most talked about crypto lawsuit involving the United States Securities and Exchange Commission (SEC) and Ripple is approaching its conclusion after a two-year-long battle. On Dec. 2...Continue Reading

The Australian crypto exchange said while it had no exposure to FTX, it was “not immune” to its fallout. Australian-based crypto exchange Swyftx has laid off a total of 90 staff members, which it said was in preparation for a “worst-case scenario” caused by the fallout of FTX and a potential fall in global trading...Continue Reading

The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals. Mike Novogratz-led investment firm Galaxy Digital Holdings has won the bidding to buy GK8, an institutional digital asset self-custody platform owned by Celsius Network — pending court approvals and certain closing conditions. According to a...Continue Reading

With the record mint day for Reddit avatar NFTs, there are now around 4.4 million Reddit NFTs in circulation. Reddit’ NFT minting hits new high Reddit’s nonfungible token (NFT) collection hit another milestone on Dec. 3 with a record 255,000 of its “avatars” minted in the one day. The new minting record beat the previous...Continue Reading

An unverified photo purportedly shows Caroline Ellison making an order at a New York cafe, leading to questions as to why she is back on US soil. A recent photo of what appears to be former Alameda Research CEO Caroline Ellison in a Manhattan coffee shop in New York has been making the rounds on...Continue Reading

One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress. Former CEO of FTX, Sam Bankman-Fried, has signaled he’s unwilling to testify before the United States Congress until he’s “finished learning and reviewing what happened.” Bankman-Fried was responding to a Dec. 2...Continue Reading

The Ethereum co-founder has recommended weary crypto investors to shift away from price watching and focus on the tech instead. Ethereum co-founder Vitalik Buterin has shared some sage advice for traders feeling the blues of the crypto bear market: Focus on the tech rather than the price. The Ethereum co-founder made the recommendation in response...Continue Reading

Thanks to Ethereum removing the stigma associated with “altcoins,” more projects have the opportunity to prove their name doesn’t matter. Altcoin originally meant “Bitcoin alternative” because, in the early stages of cryptocurrency development, every blockchain-based currency was seen as a sort of Bitcoin (BTC) knockoff. Cryptocurrencies back then were mainly used for payments, such as...Continue Reading

If Bitcoin rises above its overhead resistance, TON, APE, TWT and AAVE could begin to tack on outsized gains. The United States equities markets shrugged off the hotter-than-expected labor data on Dec. 2 and recovered sharply from their intraday low. This suggests that market observers believe the Federal Reserve may not change its stance of...Continue Reading

A group of angry users attacked crypto exchange employees after withdrawals were halted, according to local media. Nigerian customer’s of the crypto exchange AAX reportedly attacked the company’s office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according to local reports from Dec. 3.  Although it’s unclear when...Continue Reading