• XRP pump draws thousands
    Regulation,  XRP

    XRP pump draws in thousands, and victims lose millions

    Some crypto enthusiasts are coming to terms with sizeable losses after XRP plummeted at a time when it was meant to surge

    In the darkest corners of Crypto Twitter, on the r/WallStreetBets Reddit page, across a myriad of Telegram chats and in Discord messaging rooms, thousands of inexperienced investors were being sold a promise: buy at this time and riches will follow.

  • SEC settlement Kik
    Alt coins,  Cryptocurrencies,  Opinion,  Regulation

    Citing SEC settlement Kik moves forward with Kin token

    Unfortunately, the Securities and Exchange Commission and Kin Foundation appear to have different opinions over whether KIN is still a security

    With the legal uncertainty finally over, Kin is poised to thrive as an active blockchain ecosystem, the Kin Foundation said. But, there seems to be some disagreement between the SEC and the Foundation over the status of the KIN token.

  • Telegram drops Gram trademark
    Alt coins

    In a coda to its failed TON blockchain project, Telegram abandons trademark suit

    Telegram paid one last time—to a competitor—for the death of its plan to distribute $1.7 billion in Gram tokens at the hands of the SEC

    The messaging service turned blockchain developer dismissed its lawsuit against crypto firm Lantah, which plans to use Grams as the name of its own tokens. The decision is presumably the result of Telegram abandoning the project that would use the trademark following its settlement with the U.S. Securities and Exchange Commission (SEC).

  • Hester Peirce SEC nomination
    Cryptocurrencies,  Regulation

    “Crypto Mom” tells Senate crypto is here to stay

    At a hearing for a second term on the Securities and Exchange Commission, Hester Peirce called for clearer regulations on selling cryptocurrencies, and took issue with the project-killing lawsuit against Telegram

    Speaking at a hearing on her nomination for a second term on the Commission, the Republican appointee promised to “redouble” her effort to create such an environment in order to spur innovation and attract new entrants to the industry.