Ripple was projected to have spent $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities.
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Ether Holds Near $1.9K as Shanghai Fork Approaches
ETH’s price slid 1.5% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is expected to occur April 12.
Avalanche’s New Subnet to Offer Blockchain Customization for Financial Institutions
The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services.
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.
USDC Boasted Transparency but It Didn't Help When Silicon Valley Bank Got Into Trouble
The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.
Trump Drops Second Series of Digital Trading Card Collection
Earlier this month, the floor price on the original Trump NFT collection jumped after the news of his indictment, but the new Series 2 release has sent the first collection’s price downward.
Binance Australia's Derivatives License Cancelled Following Request by Exchange
The exchange will close all of its customers' open derivatives positions by April 21.
What’s in the House Financial Services Committee’s Stablecoin Bill?
It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.
DWF Labs Invests $16M in RACA to Spur Web3 Gaming Ecosystem
RACA has evolved from managing the NFT collection of Elon Musk’s mom to a Steam-like blockchain gaming ecosystem.
Crypto Investors Unmoved by Revised Jobless Data
Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.