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SEC Plans to Drop Its Case Against Kraken, Firm Says

SEC Plans to Drop Its Case Against Kraken, Firm Says

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its ongoing enforcement lawsuit against American crypto exchange Kraken, according to a Monday announcement from the firm.The SEC sued Kraken in November 2023, accusing the exchange of commingling customer and corporate funds while…

Timeline: How Bybit's lost Ethereum went through North Korea's washing machine

Timeline: How Bybit's lost Ethereum went through North Korea's washing machine

The $1.4 billion hack against Bybit wasn’t just the largest exploit in crypto history — it was a major test of the industry’s crisis management capabilities, highlighting its maturation since the collapse of FTX.On Feb. 21, North Korea’s Lazarus Group made off with $1.4 billion in Ether and related…

SEC drops lawsuit against Kraken, ending ‘politically motivated campaign’

SEC drops lawsuit against Kraken, ending ‘politically motivated campaign’

The US Securities and Exchange Commission has agreed to drop its lawsuit against Kraken, the cryptocurrency exchange revealed on March 3. The move ends what the exchange calls a “wasteful, politically motivated campaign” and “clears the path toward a stable, forward-thinking regulatory regime.”Accor…

US judge dismisses SEC’s lawsuit against Richard Heart and Hex, PulseChain on jurisdictional grounds

US judge dismisses SEC’s lawsuit against Richard Heart and Hex, PulseChain on jurisdictional grounds

Brooklyn-based U.S. District Judge Carol Bagley Amon has dismissed the SEC's lawsuit against Hex, PulseChain, and Pulsex founder Richard Heart, born Richard Schueler, arguing the regulatory agency did not sufficiently establish its jurisdiction over Heart, a U.S. citizen based in Finland. Amon's rul…

Weekly Recap: Bitcoin’s Tumble and the SEC’s Retreat

Weekly Recap: Bitcoin’s Tumble and the SEC’s Retreat

Two big themes dominated the crypto news this week: sagging asset prices and the official end of the SEC’s enforcement “mania.”On the former: Bitcoin, which rose steadily from about $70,000 following November’s election, fell precipitously. In early-hours Feb. 28, the price had dipped below $80,000.…

Uniswap partners with Robinhood, MoonPay, Transak to turn crypto into cash

Uniswap partners with Robinhood, MoonPay, Transak to turn crypto into cash

Decentralized exchange Uniswap has entered into a partnership with trading platform Robinhood and a number of payment platforms to facilitate crypto-to-fiat transactions.Starting on Feb. 27, users in more than 180 countries can sell supported crypto assets to deposit funds directly into their bank a…

Justin Sun And SEC Request ‘Pause’ In Ongoing Legal Battle Over Crypto Ventures

Justin Sun And SEC Request ‘Pause’ In Ongoing Legal Battle Over Crypto Ventures

According to Bloomberg, lawyers representing Justin Sun and the US Securities and Exchange Commission (SEC) are requesting a stay in the ongoing regulatory proceedings against him. Justin Sun And SEC Seek Case PauseThis joint filing, submitted on Wednesday, indicates that both parties believe it is …

SEC and Tron’s Justin Sun Move Toward Settlement in Civil Fraud Case

SEC and Tron’s Justin Sun Move Toward Settlement in Civil Fraud Case

According to the latest court filing, the SEC and Tron founder Justin Sun have requested a stay order in their Civil fraud lawsuit. Both parties are reportedly exploring a resolution or settlement, which would ultimately see the lawsuit dismissed. SEC vs. Justin Sun Legal Battle Is About to EndOver …

Is a Major Ripple v. SEC Lawsuit Development Expected This Week? Here’s Why

Is a Major Ripple v. SEC Lawsuit Development Expected This Week? Here’s Why

TL;DRXRP on the AgendaThe lawsuit between Ripple and the US Securities and Exchange Commission (SEC) remains ongoing more than four years. However, multiple developments and events hint that a final resolution could be just around the corner. One example is the regulator’s Sunshine Act meeting sched…

LCX Partners With Crypto Risk Metrics

LCX Partners With Crypto Risk Metrics

LCX has announced a partnership with Crypto Risk Metrics to provide transparent ESG data and carbon impact reports for crypto assets.This collaboration aims to set new standards for environmental, social, and governance (ESG) considerations in the cryptocurrency industry, aligning with LCX’s commitm…

Altseason On The Way? Key DeFi Developments Signal Major Crypto Surge

Altseason On The Way? Key DeFi Developments Signal Major Crypto Surge

In every market cycle, the altseason is an anticipated period for investors marked by a general altcoins’ price outperformance against Bitcoin. However, there have been many doubts over an altseason in the current bull run with crypto analysts citing a surge in the number of altcoins over the last f…

CZ’s dog’s name sparks ‘Broccoli’ memecoin frenzy

CZ’s dog’s name sparks ‘Broccoli’ memecoin frenzy

Changpeng “CZ” Zhao, founder and former CEO of Binance, revealed his dog’s name in an X post on Feb. 13, sparking a wave of memecoins named after the Belgian Malinois canine.“Broccoli” memecoins have quickly taken up residence on popular memecoin launching platforms, including Solana’s Pump.fun, whe…