A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, J.P. Morgan wrote in a research note Friday.Source
The spike in trading activity came after a partial win in a lawsuit against the SEC.Source
“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said.Source
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported.Source
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported.Source
This week, Google made a big shift in their policy towards NFTs, allowing apps in the Google Play store to include the ability to buy, sell or earn tokenized assets. Meanwhile, Starbucks Odyssey, the brand’s Web3 loyalty program, announced their next Stamp would be “designed by Aku,” the NFT character launched by former LA Dodgers player-turned-artist Micah Johnson. In other news, Snoop Doog and a16z-backed decentralized music venture Sound announced a $20 million funding round and we got another “phygital” sneaker drop.Source
The app allows over 4 million Shopify businesses to implement blockchain-based loyalty and rewards programs from their storefront.Source
The company says it’s the “first self-custodial lightning wallet that runs on the web” – a design feature that may avoid any restrictions that might be placed on the technology from app stores run by the likes of Apple or Google.Source
Trading XRP on Binance.US began Friday.Source
The CEO of $8.5 trillion asset manager BlackRock (BLK) said “more and more” gold investors have been asking about the role of crypto over the last five years.Source