Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering.This post was originally published on this site
Primary vs. secondary markets: Key differences
Primary and secondary markets differ in securities, pricing, risk, volume, liquidity, timeframe and more. This post was originally published on this site
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines […]
Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales
Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past […]
Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters
The cryptocurrency community is discussing the new “Game of Thrones” non-fungible token (NFT) assets that were launched on the NFT marketplace niftys.com. The “Build Your Realm” collection sold out on Jan. 10, the day it was released. However, there have been complaints from fans, with some calling the NFTs “poorly drawn” and others criticizing the […]
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware manufacturers and buyers by providing an all-in-one solution for mining […]