SEC Gets Green Light to Seek Singapore Records in Do Kwon Case
The SEC has obtained a court order to seek records from Singapore’s regulator as part of its lawsuit against Terraform Labs and its founder Do Kwon for allegedly defrauding investors through a stablecoin scheme. In February, the SEC filed a lawsuit against Terraform and Kwon, accusing them of offering unregistered securities and engaging in a […]
ETH Staking sees Surge following Shapella Upgrade
Since the Shapella Upgrade on April 12, the quantity of ETH staked has surpassed the number of ETH withdrawals for the first time. In the first week, more ETH was withdrawn than was staked. According to data from on-chain analytics company Nansen, more ETH is being staked than withdrawn. On April 17, the volume of […]
Ripple Excludes XRP from Liquidity Hub: Here’s Why
Ripple’s recently launched Liquidity Hub offers enterprises an optimized solution for accessing global payout rails and crypto liquidity. However, the absence of Ripple’s native token, XRP, from the supported digital assets list has raised questions. Ripple’s general counsel, Stuart Alderoty, explained the reasons behind this decision on Twitter. Alderoty said that institutional customers, mostly in […]