SEC Withdraws Efforts to Enforce Dealer Regulations on DeFi Protocols
The U.S. Securities and Exchange Commission (SEC) has abandoned its legal effort to implement a rule…
Regulatory
Regulatory
U.S. Court Issues 60-Day Stay in SEC vs. Binance Legal Proceedings
A federal judge has ordered a temporary stay in legal proceedings between the Securities and Exchang…
Mango Markets Declares Closure in January 2025 Following $117M Hack
TLDR Mango Markets, a Solana-based DeFi platform that lost $117 million in a 2022 hack, will shut down completely after…
FTX Europe Remains Suspended Due to Ongoing Bankruptcy Issues
FTX Europe, the European and Middle Eastern division of the now-defunct
cryptocurrency exchange
FTX,…
Crypto Companies Face 400M in Costs from SEC Enforcement Actions Since 2021
**TLDR**
The cryptocurrency sector has incurred $400 million in costs related to the SEC since Gar…
Musk Unveils Bold Plan to Slash Federal Budget by 2 Trillion
Elon Musk Proposes Revolutionary $2 Trillion Federal Spending Cut with New Department of Government…
FTX and Bybit Settle Bankruptcy Asset Recovery for 228M
TLDR
FTX agrees to $228M settlement with Bybit/Mirana ($175M in digital assets, $53M in BIT tokens)…
Ripple CoFounder Criticizes SEC Chair Gensler as Worst Public Servant
TLDR:
Chris Larsen, Ripple co-founder, called SEC Chair Gary Gensler “worst public servant of all…
UK Financial Regulator Holds Firm on Stringent Cryptocurrency Regulations in Face of Industry Influence
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Summary:
Stringent Cryptocurrency Regulations Upheld by FCA Despite Critici…
Crypto Politics Intensify as Elon Musk Throws Support Behind ProXRP Senate Candidate
Elon Musk and Brian Armstrong Throw Support Behind John E. Deaton in Massachusetts Senate Race
In a…