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court orders sec to justify denial of crypto rules for coinbase

A court has ordered the SEC to clarify its denial of Coinbase's request for crypto-specific regulations, labeling the decision as “arbitrary and capricious.” While the ruling mandates a more detailed explanation, it does not compel the SEC to create new rules. Coinbase has accused the SEC of undermining the cryptocurrency industry through inconsistent regulatory demands.

three russian nationals indicted for operating cryptocurrency mixers linked to money laundering

Three Russian nationals, Roman Ostapenko, Alexander Oleynik, and Anton Tarasov, face US money laundering charges linked to their operation of cryptocurrency mixers Blender.io and Sinbad.io. The indictment alleges these services facilitated the laundering of funds from ransomware and other crimes, jeopardizing public safety and national security.Ostapenko and Oleynik were arrested in December 2024, while Tarasov remains at large. If convicted, they could face over 25 years in prison for conspiracy to commit money laundering and operating an unlicensed money-transmitting business.

chainlink price surges over 30 percent following partnership with ronin network

LINK price surged over 30% following a significant partnership with Ronin Network, enhancing cross-chain interoperability through Chainlink’s Cross Chain Interoperability Protocol (CCIP). This integration is expected to improve security and efficiency for popular Web3 gaming applications like Axie Infinity.Market activity intensified as World Liberty DeFi acquired $1 million worth of LINK, further validating Chainlink’s technology. The price breakout above the $30 resistance zone indicates a potential bullish trend reversal, supported by strong market interest and trading volumes.

Axie Guild Wars Launches with World Cup Slots and Significant Prize Pool

Axie Guild Wars kicks off on December 15, featuring elite guilds from Axie Classic Competitive Seasons 4 to 6 competing for a share of a 5,000 AXS prize pool and two World Cup slots. The tournament promises intense battles, with rewards ranging from 2,000 AXS for the champion to 200 AXS for seventh and eighth places. Additionally, the newly launched Axie Adoption Center aims to enhance player engagement by simplifying onboarding with delegated Axies and mission-based rewards.
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