AMC Entertainment's CEO Adam Aron publicly criticized Robinhood for listing tokenized stock products tied to AMC without the company's consent, calling the practice unlawful and harmful to shareholder rights. Robinhood defended its offering, stating these tokens provide economic exposure but do not confer ownership or voting rights, and are not registered as securities under U.S. law. The dispute highlights a broader industry debate over the legality and investor protections of synthetic stock tokens versus traditional shares. AMC plans to raise the issue with the SEC, while Robinhood insists on continuing its token program.
A Bitcoin wallet created in 2016 transferred 1,260.77 BTC, now valued at over $100 million, marking an 11,366% gain over a decade. Additionally, nearly 75 physical Casascius 1 BTC coins were redeemed in early September, indicating vintage holders are...
Curve (CRV) surged 26.34% in a week, reaching $0.3785 driven by renewed decentralized finance (DeFi) interest and active trading. Technical indicators show strong buying momentum but warn of overbought conditions near the $0.3941 resistance level, wh...
XRP's price holds steady around $1.40 even as the CLARITY Act, which aims to clarify crypto regulation, faces delays in the Senate. Unlike many cryptocurrencies, XRP has a completed U.S. court case with the SEC that set clear legal boundaries on its ...
Approximately 4,200 BTC worth $320 million was moved off the Liquid Network in a single transaction marked by an on-chain message claiming white hat hacker involvement. The transaction’s legitimacy is unclear, as it either bypassed or was authorized ...
Jupiter (JUP) surged over 12% in 24 hours, driven by a buyback program reducing circulating supply and increased activity in the Solana ecosystem. Discussions around Solana's low fees and criticism of Robinhood sparked network interest, boosting rela...
