The U.S. Securities and Exchange Commission (SEC) has recently set its sights on Ripple’s highly anticipated stablecoin. In a recent filing, the SEC characterized the stablecoin as an “unregistered crypto asset.” Ripple, known for its innovative approach to bridging traditional…
SEC Issues Warning to Robinhood Over Crypto Business Amid Regulatory Crackdown
The US Securities and Exchange Commission (SEC) has issued a warning to Robinhood Markets Inc., a renowned stock trading platform, regarding its crypto business. This development signifies the SEC’s unwavering commitment to its ongoing crackdown on digital assets. In response,…
Terraform Labs Deems SEC’s $5.3 Billion Fraud Penalty Proposal Unwarranted
Terraform Labs Pte, along with its co-founder Do Kwon, has recently faced significant legal challenges after being found liable for fraud by a New York jury. The U.S. Securities and Exchange Commission (SEC) accused Terraform and Kwon, the creator of…
Terraform Labs Seeks Penalty Reduction in SEC Fraud Case After $5.3 Billion Fine Proposal
Lawyers representing Terraform Labs and its co-founder, Do Kwon, have requested a reduced penalty following their clients’ recent conviction for fraud. They argue that a fine closer to $1 million is more appropriate than the $5.3 billion proposed by the…
SEC and Gensler Viewed Ethererum as Unregistered Security for Over 12 Months
In recent developments surrounding the ongoing lawsuit between Consensys and the United States Securities and Exchange Commission (SEC), new information has come to light regarding the SEC’s stance on Ether. The lawsuit has shed light on the regulatory body’s belief…
Consensys Files Lawsuit Against SEC to Protect Ethereum Blockchain from Regulatory Overreach
In a bold move to safeguard the Ethereum blockchain from excessive regulation, leading crypto software firm Consensys has filed a lawsuit against the US Securities and Exchange Commission (SEC). This legal action aims to challenge the SEC’s alleged “campaign to…
BNY Mellon Enters Bitcoin ETF Market as SEC Approves 11 Funds
BNY Mellon, the oldest bank in America and the largest asset custodian bank globally, has announced its foray into the world of cryptocurrencies. Through a recent quarterly filing with the U.S. Securities and Exchange Commission (SEC), it has been revealed…
Ripple Labs Fights SEC’s $2 Billion Fine Proposing a $10 Million Penalty Instead
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.…
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.…
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…
Step Finance Hack: $40M Stolen, Platform Shuts Down Permanently
Step Finance Hack: $40M Stolen, Platform Shuts Down Permanently ⚡ Key Highlights Step Finance confirmed a $40 million security breach on January 31, 2026, when attackers compromised executive-level devices and drained treasury and fee wallets The Step Finance hack targeted…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
