SEC Settles Case Against Justin Sun with $10M Penalty
The SEC has settled its case against Justin Sun, with Rainberry, Inc. agreeing to pay a $10 million penalty. Claims against Sun and the Tron Foundation have been dismissed.
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The SEC has settled its case against Justin Sun, with Rainberry, Inc. agreeing to pay a $10 million penalty. Claims against Sun and the Tron Foundation have been dismissed.
Visa has announced the expansion of its stablecoin-backed card program to over 100 countries, aiming to enhance global crypto payment solutions.
Morgan Stanley is set to provide Bitcoin custody and trading services, expanding its offerings in the cryptocurrency market. Details on the launch timeline are still emerging.
The SEC is reviewing a proposal for a JitoSOL Liquid Staking Token ETF. The application was filed with Nasdaq under the 19b-4 process.
Bitcoin and Ethereum have seen significant price increases, despite ongoing market uncertainty. Analysts caution that the market's future remains unpredictable.
Bitcoin's price surged to nearly $69,000, resulting in the liquidation of approximately $400 million in short positions. The rise follows a rebound in stock markets.
WisdomTree has received SEC approval for its instant settlement tokenized money market fund, marking a significant development in financial technology.
The Federal Reserve is soliciting public feedback on a proposal aimed at ending discriminatory debanking practices against crypto firms.
Bitdeer has sold its entire Bitcoin holdings amid a decline in Bitcoin prices. The company has reduced its BTC holdings to zero, marking a significant move in the crypto market.
Ledn has successfully sold $188 million in Bitcoin-backed bonds, marking a significant milestone in the crypto finance sector.
DeFi platform Moonwell incurred $1.8 million in bad debt following an oracle misconfiguration that briefly priced Ether at $1.
Stripe's Bridge stablecoin platform has received conditional approval from the OCC for a national bank charter, marking a significant step in its financial services expansion.