Dog-Themed Memecoin Shiba Inu to Unleash a “.shib” Internet Domain

The puppy-themed altcoin, and so-called “Dogecoin Killer,” has unleashed a first-ever product into the crypto sphere: a “.shib” Internet domain name. Specifically, Shiba Inu developers are working closely with Web3 domain player D3 to introduce a “.shib” internet and blockchain domain to the market. Part of D3’s mission is to develop and launch the first … Continue reading Dog-Themed Memecoin Shiba Inu to Unleash a “.shib” Internet Domain

SBF’s Upcoming Trial: A Checklist 

Tomorrow, Sam Bankman-Fried will take the courthouse stage, facing 21 days in court during his criminal trial scheduled to end on November 9th. Specifically, SBF stands accused of seven counts of conspiracy and fraud relating to the collapse of FTX, including fraud, money laundering and campaign finance offenses in addition to commodities fraud, securities fraud, … Continue reading SBF’s Upcoming Trial: A Checklist 

SEC Defers Decisions on Six ETF Applications

Update oncourters, today is no longer the day the SEC will decide on all the spot bitcoin exchange-traded fund (ETF) applications filed by applicants earlier this year; the SEC has now delayed making a decision to October. Such applicants include BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise, and Valkyrie Digital Assets. The delay means … Continue reading SEC Defers Decisions on Six ETF Applications

The Salvation from the Crypto Winter: Appeals Court Rules SEC Must Review Grayscale’s ETF Bid

On August 29th, 2023, after previous rejection, an appeals court held that the SEC must review Grayscale’s ETF bid. Specifically, the court noted the SEC's decision to reject the Grayscale Bitcoin ETF application was "arbitrary and capricious" in its ruling. As per the filings, See https://www.docdroid.net/vrehbKf/dc-cir-22-1142-01208547571-0-pdf, the court hereby ordered Grayscale's petition for review to … Continue reading The Salvation from the Crypto Winter: Appeals Court Rules SEC Must Review Grayscale’s ETF Bid

The SEC is Kraken Down

The SEC’s approach—regulation by enforcement—towards regulating the uncharted crypto sphere is one of the few seemingly predictable aspects of crypto. Continuing its approach of regulation by enforcement, the SEC has charged crypto exchange Kraken for conducting an illegal unregistered securities offering through its staking-as-a-service (SaaS) program. Staking-as-a-service is essentially when a trusted staking provider lets … Continue reading The SEC is Kraken Down