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Ripple ordered to pay $125M fine

A federal judge has ordered Ripple to pay a civil penalty of $125,035,150 in its lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC originally sought a $2 billion remittance...

FTX and Alameda to Repay $12.7 Billion to Creditors

FTX and Alameda have agreed to repay $12.7 billion to creditors, per a court consent order that ends a 20-month lawsuit filed by the Commodities Futures Trading Commission (CFTC). This development...

Robinhood posts $682M in Q2 2024 revenue

Robinhood surpassed Wall Street expectations for its second-quarter earnings, driven by a surge in interest in meme stocks and cryptocurrencies. This uptick in trading activity was partly due to the...

Black Swan Events In Markets

The term “Black Swan Events in markets” refers to rare, unpredictable events that have severe consequences. Originating from Nassim Nicholas Taleb’s 2007 book, “The Black...

Brazil looks to become the first country with Solana ETF

The Brazil Securities and Exchange Commission (CVM) has given the green light for a Solana exchange-traded fund (ETF). This approval was listed in the CVM’s central database, as reported by local news...

Nexera Loses Millions in Proxy Contract Breach: What Happened

Nexera, a blockchain infrastructure developer, experienced a significant hack on Wednesday, resulting in the loss of $1.5 million as exploiters commandeered a proxy contract and sold NXRA tokens...

Morgan Stanley’s 15000 Advisors Pitching Bitcoin ETFs Today

Starting today, Morgan Stanley’s wealth advisors can actively pitch two spot bitcoin exchange-traded funds (ETFs) to some of their clients, according to CNBC. The advisors will solicit...

Nasdaq Requests SEC Approval for Options Trading on BlackRock’s Spot Ethereum ETF

BlackRock recently filed a proposal for options trading and listing on its spot Ethereum (ETH) exchange-traded fund (ETF), iShares Ethereum Trust (ETHA). The proposal was submitted to the US...

Major Security Breach Hits Ronin Network

Peckshield, a prominent blockchain security firm, has uncovered a significant security breach impacting the Ronin Network, resulting in the loss of 3,996 $ETG tokens valued at approximately $9.8...