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Highly exciting crypto milestones are on the horizon: researcher shows unexpected agreement
A Strange Convergence of Crypto Milestones Blockchain research firm Reflevity founder Will Clemente has uncovered an intriguing convergence of two crucial crypto milestones in the coming year. This convergence has piqued the curiosity of industry experts and enthusiasts alike. ZachXBT back on the hunt Blockchain detective ZachXBT was on the trail of a phishing scammer who brazenly displayed ill-gotten gains on social networks. The fraudster made luxury purchases, including a flashy Rolex watch, and used the stolen funds as bait for further investigation. Coinbase: The SEC's preferred surveillance sharing partner James Seyffart of Bloomberg has shed light on a notable change in the Chicago's resubmitted Bitcoin ETF applications...
Highly exciting crypto milestones are on the horizon: researcher shows unexpected agreement
A strange convergence of crypto milestones
Blockchain research firm Reflevity founder Will Clemente has uncovered an intriguing coincidence of two crucial crypto milestones in the coming year. This convergence has piqued the curiosity of industry experts and enthusiasts alike.
ZachXBT on the hunt again
Blockchain detective ZachXBT was on the trail of a phishing scammer who was brazenly displaying ill-gotten gains on social networks. The fraudster made luxury purchases, including a flashy Rolex watch, and used the stolen funds as bait for further investigation.
Coinbase: The SEC’s preferred surveillance sharing partner
Bloomberg's James Seyffart has shed light on a notable change to the Chicago Board Options Exchange's resubmitted Bitcoin ETF applications. In particular, Coinbase has emerged as the preferred partner for the important Surveillance Sharing Agreement (SSA) section of the application. The SEC insists that SSAs deter fraud and manipulation by outlining measures to monitor market trading and verify customer identities.
Excitement is growing over the Responsible Financial Innovation Act
Crypto lawyer Lewis Cohen expressed his enthusiasm for an upcoming iteration of the Responsible Financial Innovation Act. Cohen suggested that the United States still has an opportunity to be a leader in crypto legislation, potentially surpassing the European Union's recently adopted MiCA framework.
A closer look at Prometheum raises questions
Marisa Tashman Coppel, senior counsel at The Blockchain Association, has fielded several inquiries about Prometheum, a crypto company that has suddenly emerged. The company received positive support from the SEC, but recently announced its suspension as its CEO and sister were arrested by Chinese authorities and assets were confiscated. This left over $200 million in customer funds in limbo.
Judge XRP rules: No security
The news that a judge has deemed XRP “not necessarily a security” came as a surprise to FOX business reporter Eleanor Terrett. That ruling found that the $728 million in programmatic sales qualified as a securities offering. However, Andrew Kang, co-founder of Mechanism Capital, emphasized that this ruling is not only a victory for Ripple but also for Ethereum.
In the SEC's response, Eleanor Terrett could detect a subtle tone of restrained frustration from Gary Gensler, the SEC chairman. CoinGecko further highlighted that XRP temporarily surpassed BNB's market cap, although the situation has since changed.