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NAYG lawsuit against Galaxy was ‘lawfare, pure and simple' — Scaramucci

ByShiraz

The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci. “It’s LAWFARE, pure and simple due to an obscure but dangerously powerful New York law known…

studio shot of gold bitcoins lying on top of a smart phone

Coinbase Institutional files for XRP futures trading with CFTC

ByShiraz

Source: CoinTelegraph By Cointelegraph by Martin Young Fri, 04 Apr 2025 07:02:05 +0100 US crypto exchange Coinbase has filed with the US Commodity Futures Trading Commission (CFTC) to launch futures contracts for Ripple’s XRP token. “We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify XRP futures — bringing a regulated,…

Greedy L2s are the reason ETH is a 'completely dead' investment: VC

ByShiraz

Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,”…