Legal Clash: Texas Crypto Firm Files Lawsuit Against US SEC Over Digital Asset Regulation

A Texas-based crypto company, Lejilex, along with the Crypto Freedom Alliance of Texas (CFAT), has filed a lawsuit against the US Securities and Exchange Commission (SEC), alleging ‘regulatory overreach’ and seeking ‘clarity on the classification of digital assets.

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Crypto Euphoria: Digital Asset Funds Sees $2.4 Billion Inflows – Here Are The Key Factors Behind It

CoinShares, a crypto asset management firm, has recently reported that there has been a notable surge in weekly inflows into crypto asset investment products, reaching a record high of $2.45 billion. The cumulative inflows for the year-to-date period have now reached $5.2 billion.

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Crypto Custodian Bakkt Running On Fumes: Will They Find Funding Or Collapse?

Digital asset platform Bakkt finds itself struggling to stay afloat with dwindling cash reserves. The company’s recent filing with the U.S. Securities and Exchange Commission (SEC) paints a worrying picture, raising concerns about its long-term viability.

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Breathe Easy, Crypto Hodlers: IRS Postpones Reporting Requirements, Simplifying Taxes

In a development that has been widely embraced by the cryptocurrency industry, the US Treasury Department and the Internal Revenue Service (IRS) have jointly declared a temporary halt to the enforcement of new reporting requirements related to digital assets.

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Are Blockchain Games Dying? Over 30% Of Players Quit – Here’s Why

The allure of play-to-earn and in-game ownership fueled a recent boom in blockchain games, but a new report casts a chilling light on the sector’s sustainability. Out of 1,318 blockchain-based games launched since 2021, a staggering 407, over 30%, have already been discontinued or abandoned.

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ETF Victory, Verbal Vendetta: Wood Fires Back At Gensler’s Crypto Denigration

In a watershed moment for the cryptocurrency world, the US Securities and Exchange Commission (SEC) on Wednesday greenlit the first-ever spot Bitcoin ETF, granting investors direct access to the world’s largest digital asset through regulated financial instruments.

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