Immutable, the blockchain protocol designed for the next-generation of Web3 games said it has received a Wells Notice from the US Securities and Exchange Commission (SEC). The startup unveiled this in a recent update, a proof of the regulation by enforcement tactics of the markets regulator. Immutable Next on US SEC List After a year-long crackdown moves in the digital ...
In a revealing update from the Blockchain Association, a crypto industry group, firms have reported substantial financial burdens due to the actions of the U.S. Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This data, compiled and released in cooperation with HarrisX, shows that since April 2021, when Gensler took office, the crypto industry has incurred ...
A massive transfer of 31.1 million XRP tokens, worth approximately $15.8 million, was detected moving from an unidentified wallet to the crypto exchange Bitso. This large transaction has caught the attention of the XRP community, as it coincides with critical developments in Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). XRP Whale Dumps 31 Million Coins ...
An electric motorcycle, made by Swedish-Kenyan manufacturer Roam completed a 6,000-kilometer (3,700-mile) journey from Nairobi, Kenya, to Stellenbosch, South Africa, in 17 days, using only solar power. While the world record for the longest electric motorcycle journey is 25,000 kilometers (11,300 miles), undertaken over 42 days in the US, Roam hopes that its stunt helps to prove the viability of ...
Spain is reeling from its worst flooding in decades, after a year’s worth of rain fell in just hours this week in the country’s southern and eastern regions. The storm began on Tuesday and has so far killed at least 95 people while dozens more remain missing. It has also flooded towns and roads, caused rivers to burst their banks ...
In subtle but increasingly vocal ways, Israel’s military leaders are signaling that the country has achieved all it can militarily in Lebanon and Gaza, and it’s time for the politicians to strike a deal. It comes as Lebanon’s prime minister says that a ceasefire between Hezbollah and Israel could be imminent. Both candidates for the American presidency have also made ...
As we near the end of October 2024, it’s important to note that the market trends remain quite strong. Despite plenty of short-term breakdowns in key stocks this week, our Market Trend Model remains bullish on all time frames. This tells me to consider this market “innocent until proven guilty” but to always be looking for signs of a potential market reversal. ...
The Halloween effect caught up with the stock market! October 31 ended up being a spooky day for investors. Tepid earnings from big tech companies and negative news about Super Micro Computer (SMCI) sent stocks plunging, especially semiconductors (more on this below). Precious metals, which were in a roaring bull rally, also sold off. Gold futures were down 1.84% and ...
Nondairy milk lovers, rejoice. Starting next week, Starbucks will stop charging coffee drinkers who wish to customize their drinks with nondairy milk options an extra fee, the company announced Wednesday. The change will go into effect on Nov. 7, the day the company will launch its holiday menu, Starbucks said in a release. Starbucks said dropping the extra charge will ...