News Editor
CFTC Scores Victory in Landmark Ooki DAO Litigation Case
TL;DR Breakdown
The CFTC secures a sweeping victory in the Ooki DAO litigation, holding the DAO accountable for operating an illegal trading platform and violating...
Cardano founder extends an olive branch to XRP community amid regulatory...
TL;DR Breakdown
Cardano founder Charles Hoskinson extends peace to the XRP community after SEC labels ADA as security.
Mixed response from XRP supporters as Hoskinson's tweet...
House Financial Services Committee releases new draft stablecoin bill with Bipartisan...
TL;DR Breakdown
The House Financial Services Committee releases a new draft of a stablecoin bill that combines positions from both Republican and Democratic lawmakers.
The draft...
Binance.US suspends USD deposits following SEC pressures
TL;DR Breakdown
Binance.US, the American arm of Binance, is transitioning to an all-crypto exchange due to regulatory pressure from the SEC.
USD deposits will be temporarily...
Circle Appoints Heath Tarbert as Chief Legal Officer & Head of...
TL;DR Breakdown
Circle Internet Financial has named Heath Tarbert as its new Chief Legal Officer and Head of Corporate Affairs, effective July 1, 2023.
Tarbert brings...
US Judge Asserts Control over FTX’s Crypto Assets, Challenging Bahamas’ Liquidators
TL;DR Breakdown
US Bankruptcy Judge John Dorsey maintains control over $7.3 billion in disputed assets in the FTX bankruptcy case, asserting exclusive access and refusing...
Kraken NFT Launches as the Gateway to the World of NFTs
TL;DR Breakdown
Kraken NFT launches with over 250 NFT collections, catering to diverse interests and communities within the NFT ecosystem.
The platform offers gas-free trading, eliminating...
Cardano Foundation Disputes SEC’s Security Classification; Robinhood Considers Delisting ADA
TL;DR Breakdown
The Cardano Foundation disputes the SEC's classification of ADA as a security, emphasizing the importance of regulatory clarity in the crypto industry.
Robinhood may...
Australia’s largest bank to reject “certain” crypto transactions
TL;DR Breakdown
Australia's largest bank, Commonwealth Bank (CBA), has announced that it will refuse or temporarily delay certain payments to cryptocurrency exchanges due to concerns...
Do Kwon’s possibility of record-breaking dual sentences in both the US...
TL;DR Breakdown
Do Kwon, is facing the possibility of multiple sentences in both the United States and South Korea, according to a senior South Korean...
