Monthly Archives: August 2024

A federal judge ruled that the Securities and Exchange Commission had brought plausible allegations against crypto exchange Kraken, meaning its lawsuit will proceed to trial. The SEC sued Kraken last year, alleging the exchange failed to register as a broker, exchange or clearinghouse. The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Kraken will proceed

PayPal's PYUSD reached $1 billion in supply, per CoinMarketCap data. The stablecoin benefited from its expansion to the bustling Solana ecosystem, with its supply on the network already surpassing that on the Ethereum blockchain. Yield incentives on DeFi protocols played a "huge role" in the growth, 21.co's Tom Wan said. Payments giant PayPal's (PYPL) stablecoin

Tokenized Treasury notes passed $2 billion in market cap after rapid growth from Blackrock's BUIDL and other issuers. This comes only five months after the funds hit the $1 billion milestone in March. Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2

The wife of Tigran Gambaryan, the American Binance employee detained in Nigeria, released a new video statement on Monday pleading for his immediate release from prison. "It has been six months since I last saw my husband, since our children last held their father’s hand," Yuki Gambaryan said in the video. "His health is deteriorating

It takes a founder that’s a special kind of crazy to launch a DePIN. Many have said that DePIN is the most multidisciplinary sector in crypto and to me, that’s spot on. While working in crypto broadly might require a fairly diverse skill set, DePIN is on another level entirely. In addition to having to