LBRY Faces SEC Lawsuit Over Sale Of Unregistered Securities – March 30

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $59,041

Bitcoin price has continued its strong advance over the last day of trading, once again crossing the $59,000 mark.

Top-20 altcoins have performed well, as Ethereum gains 5%, XRP rises 2% and Binance Coin leads the way with a 7% gain.

Top Stories for March 30, 2021 πŸ”₯

πŸ‘‰ LBRY Faces SEC Lawsuit Over Sale Of Unregistered Securities

Cryptocurrency project LBRY is facing charges brought by the U.S. Securities and Exchange Commission (SEC), who has accused the company of selling unregistered securities.

The lawsuit alleges that the company’s LBRY Credits tokens are securities, and that they were sold in an unregistered offering to investors.

πŸ‘‰ Crypto Fund Inflows Reach Lowest Level Since October

Capital inflows into cryptocurrency investment products and funds have dropped to their lowest levels since October of last year, according to investment firm CoinShares.

According to the data, these inflows dropped to $21 million in just a week, marking a $79 million decrease as of March 26.

Some investment products – primarily those established before 2016 – had even witnessed net outflows of capital.

πŸ‘‰ Iowa Passes Bill To Legally Recognize Smart Contract Transactions

The Iowa House of Representatives has passed a bill which would legally recognize smart contract transactions and registrations made on blockchains.

The bill would make smart contracts equal to regular contracts in terms of their legal status, and was passed without contest yesterday.