Legal & Regulation

Ethena Labs unveiled the ENA token through an extensive airdrop. The event involved distributing $450 million worth of ENA tokens. Arkham Intelligence data highlights an intriguing outcome for the airdrop’s biggest beneficiary. Initially…

Wormhole, a pioneer in cross-chain protocols, has just revealed the launch date for its eagerly awaited W governance token. This news comes alongside announcements from numerous cryptocurrency exchanges about their intentions to list the W…

Crypto losses dropped 23% in Q1 2024, with DeFi platforms being the main targets, according to Immunefi’s report. The first quarter of 2024 has brought a breath of fresh air to the cryptocurrency sector, showcasing a notable decline in the…

Grayscale launches a staking-focused fund for wealthy investors, prioritizing income and featuring key PoS tokens. Grayscale Investments has launched a novel investment fund, the Grayscale Dynamic Income Fund, designed to cater to the…

Prisma Finance, a decentralized finance (DeFi) company, finds itself at the center of a cybersecurity storm. The DeFi firm has reported that approximately $540,000 of its funds are still vulnerable following a substantial $11.6 million…

US court denies Custodia Bank’s Federal Reserve account request, bank considers appeal options. 🚨NEW: Here is the outcome of the @custodiabank vs. @federalreserve lawsuit in simple terms: A Wyoming District judge, Judge Scott Skavdahl, has…

Ripple Labs faces a $2 billion SEC penalty amid an ongoing legal battle over unregistered securities sales. As you will see when the SEC’s brief is made public tomorrow, they ask the Judge for $2B in fines and penalties. 1/4…

Sam Bankman-Fried, once celebrated as a cryptocurrency billionaire, has been sentenced to 25 years in prison. This sentence comes as the culmination of a trial that exposed one of the most significant financial frauds in American history.…

Vitalik Buterin prefers Farcaster over Twitter for quality interactions and its decentralized nature, sparking Elon Musk’s curiosity. Because every time you post something you have 250 bots and 500 impersonators trying to scam people…

RippleX has encountered a significant technical problem within some of the Automated Market Maker (AMM) pools on the XRP Ledger (XRPL). This issue has led to disruptions in transactions. RippleX has quickly responded by advising users to…