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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DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand.Â
ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot
ANZ partnered with Grollo Carbon Ventures to trade Australian Carbon Credit Units (ACCU).
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried
A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.â€
High Ether Yields Drive $50M to DeFi Protocol Pendle Finance
The total locked value of assets on the platform has risen over 300% since the start of this year, DefiLlama data shows.
Binance Australia's Derivatives License Cancelled Following Request by Exchange
The exchange will close all of its customers' open derivatives positions by April 21.
Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad
After releasing a Bitcoin NFT marketplace in March, the company is expanding its resources for creators to securely mint their inscriptions before selling to collectors.
Ethereum Unstaking Requests Now Face About a 17-Day Wait
The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.
Lido Stakers Can Expect Ether Withdrawals 'No Sooner Than Early May'
Lido needs to complete security audits of its V2 upgrade before it can allow withdrawals.
Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.