April 29th, 2025
SEC Crypto News - Page 20
South Korean Prosecutors Find New Evidence against Do Kwon
By Chimamanda U. Martha
June 17th, 2024
While Hyun-Sung has denied helping Kwon deceive investors, Kwon is still awaiting trial for the collapse of the blockchain, which instigated the 2022 crypto market winter.
Ripple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute
By Bena Ilyas
June 17th, 2024
Ripple’s increasing influence is evident as 80% of Japanese banks have partnered with the company for blockchain-based payment solutions.
Crypto Market Sentiment in ‘Neutral’ Mode as Bitcoin, Altcoin Rebound Stalls
By Godfrey Benjamin
June 17th, 2024
For Ethereum, Kaiko Research stated that the approval of the Ethereum ETF will lead to a long-term increase in price.
SEC Rejects Ripple Demand of Reducing Penalty Down from $2B
By Bhushan Akolkar
June 17th, 2024
Ripple argued that Terraform Labs’ $420 million civil penalty was just around 1.27% of its “$33 billion gross sales”. However, the SEC rejected it stating that this is an apples-to-oranges comparison.
More than 90% of BIS Members Considering Issuing CBDC
By Steve Muchoki
June 14th, 2024
The latest report from the Bank for International Settlements (BIS) revealed that 94 percent of 86 central banks are considering a CBDC soon.
Ripple Seeks to Lower $1.95B Penalty to $10M Using Terraform Labs Settlement as Precedent
By Temitope Olatunji
June 14th, 2024
Amid all this, the price of XRP has continued to decline, losing more than 10% in the last eight days.
Bitcoin ETFs See $226M Outflow, BlackRock Only Fund with Inflows
By Bena Ilyas
June 14th, 2024
Fidelity’s FBTC, the once-hot ETF, bore the brunt of the selling pressure, seeing its second-largest net outflow day ever with $106 million leaving the fund.
Terraform Labs: CryptoQuant CEO Slams US Judicial System for Approving $4.5B SEC Settlement
By Bhushan Akolkar
June 14th, 2024
Ki Young Ju said that government settlements often prioritize financial gains over upholding the law while adding that $4.5 billion from Do Kwon would be impossible without him committing a financial crime.
Binance CEO Richard Teng Declares 2024 Landmark Year for Crypto
By Anisha Pandey
June 14th, 2024
Teng’s optimistic outlook aligns with Binance’s commitment to maintaining its leadership position in the sector.
Ripple Labs Extends Collaboration with UK’s Archax to Enhance RWA Adoption on XRPL
By Steve Muchoki
June 13th, 2024
The enhanced adoption of Ripple-backed XRPL by institutional investors will significantly help increase XRP’s bullish outlook in the ongoing crypto bull run.
Ripple Announces XRPL EVM Sidechain to Enhance Blockchain Interoperability
By Steve Muchoki
June 12th, 2024
Ripple Labs intends to enable DeFi developers to build Ethereum-compatible applications through Wrapped XRP (eXRP) on the Axelar network.s
OKX Secretly Reimburses Victims of Account Hijacking
By Chimamanda U. Martha
June 12th, 2024
In addition to compensating the victims, OKX has improved its security measures to prevent similar incidents in the future.
XRP Gains 100K New Holders In June: Impact on Price Outlook?
By staff writer
June 11th, 2024
As of the latest update, XRP’s one-day circulation has decreased to 228.53 million tokens.
Haruko Taps Stacks to Bring Crypto Services to Institutional Investors
By Godfrey Benjamin
June 11th, 2024
The Stacks-Haruko alliance is the latest push towards the integration of traditional finance and DeFi, a move that is fast becoming a trend.
Ripple Launches XRPL Fund to Drive Blockchain Innovation in Japan, South Korea
By Bena Ilyas
June 11th, 2024
The launch of the fund is a testament to Ripple’s strong belief in the potential of Japan and Korea as pivotal regional hubs for blockchain innovation.