U.S. SEC Moves to Challenge Ripple Lawsuit Ruling

U.S. SEC Moves to Challenge Ripple Lawsuit Ruling

The United States Securities Exchange Commission has made moves to appeal the recent ruling in its lawsuit against Ripple. In a letter addressed to Judge Analisa Torres on August 9, 2023, the SEC contended that the court's decisions on...

Bitsonic CEO Arrested in South Korea for Embezzling User Funds

Bitsonic CEO Arrested in South Korea for Embezzling User Funds

South Korean authorities have arrested Bitsonic CEO Jinwook Shin on charges of embezzling investments and deposits belonging to the exchange users. This arrest follows an extensive investigation that has unveiled a web of manipulative practices within the exchange. According...

source: cryptonews.com

Brazil’s Central Bank Unveils a New Name for its CBDC

Brazil's central Bank, Banco Central do Brasil (BCB), announced on August 7, 2023, that their digital currency (CBDC) will now be called "Drex" instead of "Real Digital." According to the Central Bank’s official statement, the name "Drex" is an...

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