I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# SEC charges promoters of Steven Seagal-spruiked ICO from 2018 ” The U.S. Securities and Exchange Commission has charged three individuals for various cryptocurrency frauds including the 2018 initial coin offering for the Steven Seagal-promoted altcoin, Bitcoiin2Gen. A Feb. 1 SEC announcement estimates that Bitcoiin Gen founder John DeMarr, Start Options founder Kristijan Krstic, and…
“# Wallstreetbets and GameStop saga set for Hollywood treatment in new film ” The r/Wallstreetbets saga which saw a group of Redditors join forces to extract billions from Wall Street hedge funds is set to be turned into a movie. As reported by Deadline on Jan. 31, a newly proposed book by The Social Network…
“# Hedge fund behind shorting GameStop reports 53% loss in January ” Melvin Capital started 2021 with $12.5 billion in assets before retail investors from Reddit caused the firm to lose billions on its GameStop short positions. According to a Wall Street Journal report, the hedge fund has a little more than $8 billion in…
“# Ripple demands to know why Ether isn’t a security as XRP defense gets desperate ” Ripple’s case before the Securities and Exchange Commission is threatening to have major, well, ripple effects for the industry. On Jan. 29, Ripple Labs filed its response to the SEC’s complaint. Ripple, as it has many times before, argued…
“# SEC is looking into Robinhood’s handling of Gamestop trading ” The U.S. securities watchdog is looking into the affair of Robinhood and the Redditors. At least in so many words. The Securities and Exchange Commission made a joint statement on Friday expressing concern over the “extreme price volatility of certain stocks’ trading prices over…
“# Coinbase unveils plans for direct stock listing ” Coinbase, one of the world’s largest digital currency exchanges, has been rumored for some time to be considering a direct listing. In an official blog post, the cryptocurrency exchange disclosed plans to pursue a direct listing of its Class A common stock, pursuant to a registration…
“# Florida class action lawsuit alleges Ripple violated securities laws ” Ripple Labs, a company behind the Ripple payment protocol and XRP-based products, is facing another lawsuit alleging the firm violated securities laws in the United States. According to a Jan. 25 court filing, Florida-based XRP investor Tyler Toomey has filed a civil suit against…
“# A ‘token’ gift: The US SEC giveth and taketh away ” On Dec. 23, 2020, the SEC published a statement proposing a framework for broker-dealers to custody digital asset securities in a manner consistent with Rule 15c3-3 under the Securities Exchange Act of 1934. Among other things, the statement, which will expire after a…
“# BlackRock’s entry reflects a change in institutional outlook on crypto ” On Jan. 20, BlackRock, the world’s largest asset manager with over $8.7 trillion assets under management, appeared to have given the green light to two of its associated funds, BlackRock Global Allocation Fund Inc. and BlackRock Funds, to invest in Bitcoin futures. In…
“# Ripple ran crypto’s most expensive lobbying program in 2020 ” Ripple Labs spent $690,000 on lobbying in the United States in 2020, which still didn’t save the firm from the Securities and Exchange Commission. Per legally mandated disclosures for 2020, Ripple’s lobbying program dwarfed those of other firms in the crypto industry. Coinbase, which…