FSOC urges Congress to pass stablecoin legislation to stabilize global finance
Key Takeaways: FSOC Flags Stablecoins as “Potential Risk” to Financial Stability. High market concentration and lack of appropriate regulatory frameworks...
UST
SEC Nets Record $8.2B in Enforcement Actions for 2024
The U.S. Securities and Exchange Commission (SEC) has announced that it secured $8.2 billion in enforcement actions in 2024. This...
Wintermute Pushes for Ethena Fee Switch to Benefit sENA Token Holders
Crypto market maker and liquidity provider Wintermute has proposed a fee switch framework for the Ethena protocol. The main objective...
Stablecoins at 10: From right place, wrong time, to right place, right time
The following is a guest post from Vincent Chok, CEO of First Digital Group. On 21st July 2014, we witnessed...
The State Of Things: Open Source Developers Arrested For Writing Code
In light of the charges brought against Keonne Rodriguez and William Lonergan Hill for their alleged operation of Samourai Wallet,...
Ethena USDe Tops $2.3B Market Cap But Risks Identified
Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant...
Terraform Labs Declares Bankruptcy in Delaware
Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently...
U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes
The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges,...
Terra wins one summary judgment in SEC case, but sold unregistered securities
Terraform Labs obtained a partial victory on Dec. 28 within a case initiated by the U.S. Securities and Exchange Commission...
Jump Crypto allowed to submit certain info confidentially in SEC’s case against Terraform Labs
A U.S. court has ruled that Jump Crypto, which has been identified as a “third party” in the SEC’s ongoing...
