News

A legal complaint contends that deceptive transactions involving monetary transfers and share transfers were utilized to fund political contributions, acquisitions of real estate, Sam Bankman-Fried's legal defense expenses, and conceivably even the acquisition of an island.

The U.S. DOJ is seeking to prohibit the disgraced FTX founder and all individuals involved in the case from making any extrajudicial statements in the future.

The updated bill omits numerous conventional securities from the classification of 'digital assets,' a move that concerns some as it may have negative implications for DeFi.

The rapidly expanding category boasts a market capitalization of nearly $100 million.

The protocol was constructed upon LayerZero's architecture, which secured a staggering $120 million funding earlier this year, valuing the company at an impressive $3 billion.

Last week, Ripple achieved a notable victory against the SEC with a partial win in a summary judgment, which was widely celebrated within the cryptocurrency industry. Despite this success, the project continues to be shrouded in controversy. Why does it still evoke such mixed opinions and reactions?

The chairman urged U.S. lawmakers to allocate an additional $72 million in funding, aimed at safeguarding investors from the crypto markets 'rife with noncompliance,' among other objectives.

Reps. French Hill and Dusty Johnson wrote that it appears the regulator deliberately timed their actions to overshadow and weaken the Congressional efforts.

The submission of applications from industry behemoth BlackRock and other players has fueled speculation that approval will soon be given.