SEC Financial News

17.07 / 17:37

Binance SEC Platform Fighting Binance Cuts Back Employee Benefits, Citing Decline in Profit

Binance slashed its employee benefits last month in the wake of falling profit, a sign of the financial strain hitting the crypto giant. The company told employees that it would stop offering certainbenefits, effective June 19, including mobile-phone reimbursement, fitness reimbursement and work-from-home expenses, among other items, according to former employees and a message from Binance’s internal messenger viewed by The Wall Street Journal. “Considering the current market environment and regulatory climate that has unfortunately led to a decline in profit, we have to be more prudent with our spending," the message read.

17.07 / 17:35

Ethereum ETH Target ETF SEC Action Bitcoin Bitcoin Bulls Show Resilience, Ethereum's Resistance Battle Rages On

Bitcoin has been trading within a relatively narrow range between $30,000 and $31,500 for about a month, indicating a prolonged period of consolidation. During this time, bulls and bears have been locked in a battle for control.

17.07 / 17:15

UPS ETF SEC coinbase BlackRock Bitcoin Cathie Wood's ARK Invest Sells Another $50.5 Million Worth of Coinbase Shares

The tech-oriented investment manager, ARK Invest, is considered to be one of the largest holders of Coinbase (COIN) shares.

17.07 / 17:15

SEC Signature Bank Customers Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature

The US crypto industry has a new favorite banking partner, a small Pennsylvania-based called Customers Bank.

17.07 / 16:33

business Ripple XRP SEC Banks Court Ripple CLO says court ruling could encourage banks to adopt XRP: Report

Stu Alderoty, the chief legal officer for Ripple Labs, has reportedly said United States-based banks may turn to XRP for cross-border transactions following a recent court ruling.

17.07 / 16:21

Provident Target SEC JPMorgan Compilation Chase fraud case Exec charged over JPMorgan fraud case

Olivier Amar, a former executive at the educational assistance startup Frank, has been indicted and charged with involvement in defrauding JPMorgan Chase. Court documents reveal that Amar, who served as the company’s chief growth officer, is facing federal counts of wire fraud, bank fraud, securities fraud, and conspiracy. These charges have been added to the existing case against Frank’s founder, Charlie Javice.

17.07 / 11:23

UPS Lowe's SEC NIFTY SENSEX Sensex rises! But these stocks fell 5% or more in Monday's session

On the BSE, Datamatics Glob(down 19.03 per cent), Shyamkamal Invst(down 11.90 per cent), Minaxi Textiles(down 10.26 per cent), Mafia Trends(down 9.72 per cent) and Shyam Telecom(down 9.66 per cent) stood among the top losers in today's trade. In the Nifty pack, 31 stocks closed in the green, while 19 stocks ended in the red.

17.07 / 10:57

Waves Target Ripple XRP SEC Platform Action Is It Too Late to Buy XRP? XRP Price Nearly Doubles in 7 Days and Launchpad XYZ Just Raised $1.1 Million – What Does it Do?

After years of hard-fought legal struggle against the Securities and Exchange Commission (SEC), Ripple emerged victorious on July 13, following District Judge Torres' ruling that XRP token sales were not investment contracts (securities).

17.07 / 10:57

Provident Twitter Ripple XRP SEC CEO GameStop XRP Price Prediction as Ripple CEO Sees Long Appeal Process for SEC in Lawsuit – Will the Decision be Overturned?

The XRP price has gained by 4% in the past 24 hours, with the coin's move to $0.748896 representing a 60% gain in the last seven days.

17.07 / 09:41

Blockchain Target Digital Ripple XRP SEC CEO Ripple CEO Foresees Prolonged SEC Appeal Process Following Favorable XRP Ruling

Ripple CEO Brad Garlinghouse recently shared his perspective on the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), predicting a drawn-out appeal process. His insights were shared during a discussion with Bloomberg on July 15, 2023.

17.07 / 07:49

Provident Digital SEC Mobile Customers Canara Bank internet banking customers can now generate offline OTP, OTP over the call

Canara Bank customers can generate offline OTP facility and OTP over the call facilty for all internet banking customers, according to the Canara Bank website. This OTP can be used for financial transactions, stated the Canara Bank website.

17.07 / 07:33

Provident Digital Ripple SEC CEO BlackRock Bitcoin Bitcoin Price Prediction: Ripple's Legal Win and Global Interest Shape the Market

Bitcoin price is currently trading at around $30,300, showing less than 0.50% surge during the Asian session on Monday. The recent favorable decision in the SEC vs. Ripple case has impacted the price, bringing it back to the level seen last Thursday.

17.07 / 06:31

Blockchain Ripple XRP SEC Landmark Fighting Ripple says U.S. banks will want to use XRP cryptocurrency after partial victory in SEC fight

Blockchain startup Ripple is confident U.S. banks and other financial institutions in the country will start showing interest in adopting its XRP cryptocurrency in cross-border payments after a landmark ruling determined the token was not, in itself, necessarily a security.

17.07 / 03:51

business Law Ripple XRP SEC Congress Court Ripple case: SEC appeal unlikely as it gains from 'current confusion' — Haun Ventures CEO

A former federal prosecutor turned chief executive of a crypto-focused venture capital fund says she would be “surprised” if the United States securities regulator lodges an immediate appeal against the Ripple case ruling, as it currently benefits from lack of “legal clarity.”

16.07 / 16:45

UPS BLOCK Ripple XRP SEC coinbase Crypto trading volumes Ripple’s Victory in Court Drives up Crypto Trading Volumes

Ripple's win against the US Securities and Exchange Commission has boosted crypto trading volumes across spot exchanges.

16.07 / 13:45

Blockchain UPS Target Ripple XRP SEC XRP Wins Against The SEC: Price Implications vs. VC Spectra and Cardano

Ripple (XRP) has won the SEC lawsuit, which listed it as a security. However, the verdict this week announced that Ripple (XRP) is not a security. The crypto community received this news well, and Ripple (XRP) saw an immediate surge to its yearly high. Meanwhile, VC Spectra (SPCT) raised $2.4 million in a private presale. Will Cardano (ADA) be able to match the growth of Ripple (XRP) and VC Spectra (SPCT)? Let’s have a look.

16.07 / 13:17

Blockchain UPS Target XRP SEC Google coinbase week This week in tech: Alphabet and Musk get in the AI ring; Coinbase triumphs

By Louis Juricic and Sarina Isaacs

16.07 / 08:05

XRP regulation SEC Bitcoin Regulation Bitcoin Senator Lummis urges clear crypto regulations after XRP ruling

United States Senator Cynthia Lummis has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres, which declared that Ripple’s XRP (XRP) token should not be considered a security when sold on digital asset exchanges. Lummis highlighted that the ruling underscores the urgent need for Congress to establish a comprehensive and unambiguous regulatory framework for cryptocurrencies.

16.07 / 08:05

business Binance Ripple SEC coinbase Report US ‘dominates’ crypto startup funding in Q2: Report

Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing toward U.S. crypto businesses, according to a recent report.

16.07 / 07:15

BTC Target Ripple XRP SEC coinbase Bitcoin Support Bitcoin Price Prediction as BTC Falls Back Down to $30,000 Support – Where is the Next BTC Target?

Bitcoin's price has encountered a setback as it falls back down to the key support level of $30,000. At the time of writing, Bitcoin is trading at around $30,330.

16.07 / 03:37

Adoption Ripple XRP SEC security Bloomberg SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse

Ripple CEO Brad Garlinghouse believes the United States Securities and Exchange Commission (SEC) will face a prolonged process before having the chance to appeal Judge’s Torres favorable ruling in the case against Ripple.

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