Articles by Palak Malhotra
Top Articles from Palak
nft
News
nft
News

NFT News: This is the World’s First-ever Country to launch its own NFT

The Central European country, Slovenia has announced the issuance of its own NFT, becoming the world’s first-ever country to do so. The Slovenian Ministry of Economic Development and Technology along with the public agency for the promotion of entrepreneurship and investment, SPIRIT, and the Ljubljana Technology Park have collaborated to boost Slovenia’s Expo showcase in

The Central European country, Slovenia has announced the issuance of its own NFT, becoming the world’s first-ever country to do so. The Slovenian Ministry of Economic Development and Technology along with the public agency for the promotion of entrepreneurship and investment, SPIRIT, and the Ljubljana Technology Park have collaborated to boost Slovenia’s Expo showcase in

China
Bitcoin Mining
China
Bitcoin Mining

China Crypto Crackdown: Inner Mongolia authorities seize over 10K crypto mining rigs

The latest reports from the Inner Mongolia Autonomous Region Bayannaoer City Development and Reform Commission along with other authorities revealed that they have captured 10,100 unregistered mining machines. Furthermore, the authorities announced that Inner Mongolia has also shut down 45 virtual currency mining projects so far, which has theoretically saved 6.58 billion kilowatt-hours of electricity

The latest reports from the Inner Mongolia Autonomous Region Bayannaoer City Development and Reform Commission along with other authorities revealed that they have captured 10,100 unregistered mining machines. Furthermore, the authorities announced that Inner Mongolia has also shut down 45 virtual currency mining projects so far, which has theoretically saved 6.58 billion kilowatt-hours of electricity

SEC crypto IEOs
News
SEC crypto IEOs
News

XRP Lawsuit: SEC files for seal, agreeing with Ripple on irrelevance of third-party identity

The latest update in the XRP lawsuit saw the SEC follow Ripple’s footsteps and file for seal in the Interrogatories Dispute. The plaintiff stated that it agrees with Ripple’s Motion to Seal exhibits in connection with the Interrogatories Dispute regarding the application of the Howey Test to sales of XRP over the last 8 years.

The latest update in the XRP lawsuit saw the SEC follow Ripple’s footsteps and file for seal in the Interrogatories Dispute. The plaintiff stated that it agrees with Ripple’s Motion to Seal exhibits in connection with the Interrogatories Dispute regarding the application of the Howey Test to sales of XRP over the last 8 years.

china police
News
china police
News

China Crypto Crackdown: Exchanges that gave in to the Regulators

Amid the expanding Chinese Crypto crackdown, many exchanges have waved the white flag to the regulators. While the authoritarian government stands a strong ground against the decentralized sphere, the crypto platfroms suffer another blow with every new anti-crypto law. Two of the world’s largest cryptocurrency exchanges, Huobi and Binance have given up the fight for

Amid the expanding Chinese Crypto crackdown, many exchanges have waved the white flag to the regulators. While the authoritarian government stands a strong ground against the decentralized sphere, the crypto platfroms suffer another blow with every new anti-crypto law. Two of the world’s largest cryptocurrency exchanges, Huobi and Binance have given up the fight for

SEC vs. Ripple Lawsuit
News
SEC vs. Ripple Lawsuit
News

XRP Lawsuit: SEC may lose credibility as “just personal opinion” argument becomes invalid

The latest update in the XRP lawsuit saw the defendants file a letter appealing the addition of three documents to be reviewed in camera based on a privilege log provided by the SEC after the August 31, 2021, telephone conference. These documents also include an email chain that potentially discards the SEC’s former “just an

The latest update in the XRP lawsuit saw the defendants file a letter appealing the addition of three documents to be reviewed in camera based on a privilege log provided by the SEC after the August 31, 2021, telephone conference. These documents also include an email chain that potentially discards the SEC’s former “just an

Coinbase
Blockchain News
Coinbase
Blockchain News

Just-in: Coinbase to expand legal and compliance team Amid regulatory crackdown

As the SEC threatened to sue, Coinbase, the largest publicly listed crypto exchange has decided to abide by the regulatory framework and collaborate with the authorities in sketching out a “sensible regulation” for the crypto industry in the US. Coinbase’s website has posted over 350 job openings, including legal and compliance job profiles to restore

As the SEC threatened to sue, Coinbase, the largest publicly listed crypto exchange has decided to abide by the regulatory framework and collaborate with the authorities in sketching out a “sensible regulation” for the crypto industry in the US. Coinbase’s website has posted over 350 job openings, including legal and compliance job profiles to restore

SEC vs. Ripple Lawsuit
News
SEC vs. Ripple Lawsuit
News

XRP Lawsuit: Settlement speculations rise upon SEC request for an extension to file seal

The latest update in the XRP lawsuit saw the SEC appeal for an extension to file for its letter motion to seal certain portions of Ripple’s objections and responses to the SEC’s second and third sets of interrogatories, submitted as exhibits for the Court’s consideration in support of the SEC’s letter opposing Defendants’ letter motion

The latest update in the XRP lawsuit saw the SEC appeal for an extension to file for its letter motion to seal certain portions of Ripple’s objections and responses to the SEC’s second and third sets of interrogatories, submitted as exhibits for the Court’s consideration in support of the SEC’s letter opposing Defendants’ letter motion

Crypto
News
Crypto
News

President Biden nominates Crypto Critic to regulate Wall Street

According to Bloomberg, President Biden will reportedly nominate the anti-crypto critic, Saule Omarova as the director of the U.S. Monetary Supervision Agency, i.e., the Office of the Comptroller of the Currency (OCC). Omarova in the past has argued that digital currencies pose a threat of destabilizing the economy and can be easily abused by private

According to Bloomberg, President Biden will reportedly nominate the anti-crypto critic, Saule Omarova as the director of the U.S. Monetary Supervision Agency, i.e., the Office of the Comptroller of the Currency (OCC). Omarova in the past has argued that digital currencies pose a threat of destabilizing the economy and can be easily abused by private

SEC crypto IEOs
News
SEC crypto IEOs
News

XRP Lawsuit: SEC Agrees to seal Exhibits in the Interrogatories Dispute, Here Why

The latest development in the XRP lawsuit saw the SEC agree to Ripple’s motion to seal certain portions of Ripple’s objections and responses to the SEC’s second and third sets of interrogatories. The plaintiff has filed a letter stating that it “does not oppose” Ripple’s request to seal parts of certain exhibits in the Interrogatories

The latest development in the XRP lawsuit saw the SEC agree to Ripple’s motion to seal certain portions of Ripple’s objections and responses to the SEC’s second and third sets of interrogatories. The plaintiff has filed a letter stating that it “does not oppose” Ripple’s request to seal parts of certain exhibits in the Interrogatories

blockhain conference dubai
News
blockhain conference dubai
News

Breaking: Dubai World Trade Centre takes pro-crypto stance with trading agreement

The Dubai World Trade Centre Authority (DWTCA) in collaboration with the Securities and Commodities Authority (SCA) of the UAE has announced entering a pro-crypto agreement that will enable the trading of crypto assets and related financial activities within DWTCA’s free zone. Dubai World Trade Centre to play on backfoot as SCA takes command The Dubai

The Dubai World Trade Centre Authority (DWTCA) in collaboration with the Securities and Commodities Authority (SCA) of the UAE has announced entering a pro-crypto agreement that will enable the trading of crypto assets and related financial activities within DWTCA’s free zone. Dubai World Trade Centre to play on backfoot as SCA takes command The Dubai

Sanction
News
Sanction
News

U.S. Treasury Department Announces First Sanctions in Crypto-Ransomware Attacks

The U.S. Treasury Department announced sanctions against crypto-ransomware attacks. The Russian cryptocurrency exchange, Suex became the first to come under the regulatory foot for helping facilitate and launder transactions from allegedly eight ransomware variants “for their own illicit gains.” The Department highlighted that the first sanctions designation against a virtual currency exchange has been executed

The U.S. Treasury Department announced sanctions against crypto-ransomware attacks. The Russian cryptocurrency exchange, Suex became the first to come under the regulatory foot for helping facilitate and launder transactions from allegedly eight ransomware variants “for their own illicit gains.” The Department highlighted that the first sanctions designation against a virtual currency exchange has been executed

SEC vs. Ripple Lawsuit
News
SEC vs. Ripple Lawsuit
News

XRP Lawsuit: Ripple’s appeal in the pre-clearance data dispute has been “DENIED”

The latest update in the XRP lawsuit saw the court deny Ripple’s Motion to Compel SEC to produce documents reflecting the SEC’s trading preclearance decisions of SEC employees’ transactions in Bitcoin, Ether, or XRP, as well as annual certifications concerning SEC employees’ XRP holdings. #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Defendants’ request for documents reflecting

The latest update in the XRP lawsuit saw the court deny Ripple’s Motion to Compel SEC to produce documents reflecting the SEC’s trading preclearance decisions of SEC employees’ transactions in Bitcoin, Ether, or XRP, as well as annual certifications concerning SEC employees’ XRP holdings. #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Defendants’ request for documents reflecting

India
News
India
News

The Indian Finance Minister warns regulators about Crypto. Here’s what she said

Finance minister Nirmala Sitharaman argued that the government’s extra cautious nature towards crypto could be a risky choice that may curb “a futuristic thing”. She highlighted that the government is going through rigorous consultations on the issue of cryptocurrencies in India and that they are also considering the Reserve Bank of India’s POV. “This is

Finance minister Nirmala Sitharaman argued that the government’s extra cautious nature towards crypto could be a risky choice that may curb “a futuristic thing”. She highlighted that the government is going through rigorous consultations on the issue of cryptocurrencies in India and that they are also considering the Reserve Bank of India’s POV. “This is

NFT
News
NFT
News

Burger King launches NFT collection

Burger King announced the launch of its latest non-fungible token (NFT) campaign, ‘Keep It Real Meals‘ that will be auctioned on the NFT marketplace, Sweet. The campaign is organized in partnership with celebrities Nelly, Anitta, and LILHUDDY. Burger King’s Keep It Real Meals NFT will facilitate unlocking digital collectibles through QR codes that will appear

Burger King announced the launch of its latest non-fungible token (NFT) campaign, ‘Keep It Real Meals‘ that will be auctioned on the NFT marketplace, Sweet. The campaign is organized in partnership with celebrities Nelly, Anitta, and LILHUDDY. Burger King’s Keep It Real Meals NFT will facilitate unlocking digital collectibles through QR codes that will appear

nft
News
nft
News

NFT news: Fantasy football game raises $680 Million led by Softbank

The latest update in the NFT sphere saw the fantasy football game, Sorare raise the exceptional amount of $680 million in a funding round led by SoftBank. Furthermore, players such as ex-England international Rio Ferdinand and Spain’s Gerard Pique are also investing. The NFT fantasy football game’s valuation has hiked up to $4.3 billion since

The latest update in the NFT sphere saw the fantasy football game, Sorare raise the exceptional amount of $680 million in a funding round led by SoftBank. Furthermore, players such as ex-England international Rio Ferdinand and Spain’s Gerard Pique are also investing. The NFT fantasy football game’s valuation has hiked up to $4.3 billion since

DeFi News
DeFi News

Defi Hack: Vee Finance Looses more than $35M in Bitcoin ($BTC) and Ethereum ($ETH)

In the season of Defi Hacks, Vee Finance was caught in the storm next. The Defi lending platform for traditional finance and crypto was hacked last night. The organization revealed the attack through its Twitter handle and further elaborated on the breach in its community announcement post. Vee Finance team shared that they had monitored

In the season of Defi Hacks, Vee Finance was caught in the storm next. The Defi lending platform for traditional finance and crypto was hacked last night. The organization revealed the attack through its Twitter handle and further elaborated on the breach in its community announcement post. Vee Finance team shared that they had monitored

News
News

Here’s Why XRP Investors are Suing Apple?

Apple failed to screen one of its applications on the App Store and now we have yet another trending lawsuit. The fraudulent app, Toast Plus, disguised as a cryptocurrency wallet, Toast Wallet scammed users to extract XRP from users’ wallets through phishing attacks. The Diep Vs Apple class-action lawsuit saw Hadona Diep, a Toast Plus

Apple failed to screen one of its applications on the App Store and now we have yet another trending lawsuit. The fraudulent app, Toast Plus, disguised as a cryptocurrency wallet, Toast Wallet scammed users to extract XRP from users’ wallets through phishing attacks. The Diep Vs Apple class-action lawsuit saw Hadona Diep, a Toast Plus

bitcoin price
Altcoin News
bitcoin price
Altcoin News

Here’s the Evergrande Connection to Latest Bitcoin (BTC) Price Crash

The Asian Time Bitcoin Crash came as a surprise to the investors. However, the Evergrande connection makes the fall appear to be more predictable. The Chinese Real Estate Giant, Evergrande was speculated to be the potential reason for the crash after getting banned from the US, in lieu of its $2 trillion debt. The Hong

The Asian Time Bitcoin Crash came as a surprise to the investors. However, the Evergrande connection makes the fall appear to be more predictable. The Chinese Real Estate Giant, Evergrande was speculated to be the potential reason for the crash after getting banned from the US, in lieu of its $2 trillion debt. The Hong

US Federal Reserve Bitcoin
News
US Federal Reserve Bitcoin
News

Fed Report’s regulatory overhaul designates Stablecoins as systemically risky

The upcoming CBDC report by the Treasury, the Fed, and other financial regulators will reportedly focus on imposing stricter regulations on stablecoins in lieu of an underlying and undetected risk factor. According to the New York Times, the Financial Stability Oversight Council holds the power to designate stablecoins as, systemically risky financial system, which in

The upcoming CBDC report by the Treasury, the Fed, and other financial regulators will reportedly focus on imposing stricter regulations on stablecoins in lieu of an underlying and undetected risk factor. According to the New York Times, the Financial Stability Oversight Council holds the power to designate stablecoins as, systemically risky financial system, which in

Bitcoin
DeFi News
Bitcoin
DeFi News

Defi Hack Alert: This protocol lost over $12 million in Bitcoin (BTC)

The Defi protocol, pNetwork alerted the community of a 277 Bitcoin (BTC) hack, which amounts to 12.67 million in USD. The network revealed that the attacker installed a bug on the Binance Blockchain codebase of pNetwork. However, the protocol confirmed safety for other funds as no more bridges had to bear the burn of the

The Defi protocol, pNetwork alerted the community of a 277 Bitcoin (BTC) hack, which amounts to 12.67 million in USD. The network revealed that the attacker installed a bug on the Binance Blockchain codebase of pNetwork. However, the protocol confirmed safety for other funds as no more bridges had to bear the burn of the