Following the SEC’s latest filings, there have been mixed reactions, with some favoring the SEC and others supporting Binance. The United States Securities and Exchange Commission (SEC) has stated that Binance’s motion to dismiss a lawsuit filed against it has no basis in law. The federal regulator revealed this while responding to the motion against…
LinkedIn assures of its commitment to ensure that the affected employees have a soft landing, promising to treat them with utmost care and respect. Microsoft-owned LinkedIn has announced its decision to relieve another 668 employees of their duties with the company. The announcement, which was shared via a Monday memo, follows an earlier layoff that…
WhatsApp has a user base of over 2 billion people worldwide and analysts have predicted that it will eventually take advantage of this and monetize the service. Tech giant Meta has dismissed claims that it is considering adding ads to its WhatsApp messaging app. This comes after the Financial Times reported that teams at Meta…
Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the…
According to Alderoty, Ripple will handle any appeal the SEC decides to initiate even though he is confident in the judge’s previous ruling. Ripple Labs chief legal officer Stuart Alderoty has dismissed worries surrounding the possible outcome of a potential SEC appeal against the blockchain company’s win. According to Alderoty, the SEC could magnify its…