In a significant legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple Labs has recently filed a compelling opposition to the SEC’s proposal to impose a massive fine of nearly $2 billion against the company.…
Search Results For: SEC
How Does EigenLayer Transform Ethereum DApps with a New Security Framework?
EigenLayer, an innovative Ethereum-based project, is set to transform the landscape of decentralized applications (DApps) by providing developers with a robust security framework. In this comprehensive article, we delve into the intricacies of EigenLayer, its unique features, and the benefits…
Two SEC Attorneys Step Down Following Judge’s Harsh Criticism in Crypto Platform Lawsuit
Two Securities and Exchange Commission (SEC) lawyers have resigned following a federal judge’s scathing rebuke and sanction against the Wall Street regulator. The case centers around DEBT Box, a crypto platform, and the lawsuit brought by the SEC against it.…
The SEC’s Unfair War on Crypto will push innovation outside of United States – Uniswap’s Wells Notice explained
The recent developments surrounding Uniswap, the largest decentralized exchange (DEX) in the crypto market, have sent shockwaves through the industry. With over $2 trillion in total volume since its inception in 2018 and ranking first in various metrics, Uniswap has…
Terraform Labs and Founder Do Kwon Face Fraud Verdict in SEC Case
In a significant verdict delivered by a Manhattan jury, Singapore-based Terraform Labs and its founder, Do Kwon, have been found liable on civil fraud charges. The jury’s decision, in agreement with the U.S. Securities and Exchange Commission (SEC), validates the…
Sui Unites DAG and Blockchain for Swift Secure Transactions Without the Hyperbole
In the field of distributed ledger technology, Sui stands out because it brings together the features of a directed acyclic graph (DAG) and a blockchain. This combination allows Sui to process transactions very quickly while also keeping the data secure.…
Coinbase Wallet Victory Against SEC Charges Marks Significant Milestone for DeFi
In a significant legal development, a United States judge has ruled in favor of Coinbase Wallet, dismissing allegations and delivering a blow to the Securities and Exchange Commission (SEC). This decision has far-reaching implications for the world of cryptocurrency, particularly…
US Prosecutors Charge KuCoin and Founders for Alleged Anti-Money Laundering Violations
In a recent development, US prosecutors have charged KuCoin, one of the world’s largest cryptocurrency exchanges, along with two of its founders, for allegedly failing to comply with American anti-money laundering (AML) regulations. The charges stem from KuCoin’s purported negligence…
Ripple Labs Faces SEC in Court Over XRP Token Status, $2 Billion in Fines Sought
Ripple Labs Inc., is currently embroiled in a legal dispute with the United States Securities and Exchange Commission (SEC) over the status of its digital token, XRP. Ripple’s Chief Executive Officer, Brad Garlinghouse, recently disclosed that the SEC is seeking…
NFT Arcade and SKALE Network Form Partnership to Enhance Security and Accessibility in the NFT Marketplace
As the world of digital assets continuously evolves, there exists a persistent challenge hindering the expansion and accessibility of Non-Fungible Token (NFT) marketplaces. This challenge is primarily the urgent need for improved safety measures, more robust security protocols, and a…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
