Sui Network to Launch Native USDC via NAVI Protocol
The NAVI Protocol is scheduled to include USDC stablecoin and the Sui Foundation has declared that the asset would be available natively on the Sui network. According to a press statement, this integration represents the third-largest supply of USDC in the sector, after Aave and Compound, and is supported by $120 million in USDC liquidity. […]
WisdomTree Links Tokenized Money Market Funds with Debit Card
A new innovation from WisdomTree allows users to use a debit card to make purchases from their tokenized money market fund. With the WisdomTree prime Visa debit card, consumers may now purchase directly from their tokenized government money market fund, thanks to a new feature from global exchange-traded fund provider WisdomTree. The company said in […]
FTX Settlement Forces Caroline Ellison to Surrender All Assets
FTX is seeking court approval for a settlement requiring former Alameda Research CEO Caroline Ellison to transfer nearly all her assets to the company’s creditors. Caroline Ellison, the former CEO of Alameda Research, has been compelled to transfer nearly all of her assets to FTX creditors to obtain court sanction for a settlement. Ellison’s motion, […]
Ex-FTX Exec Ryan Salame Seeks Two-Month Sentence Delay
Ryan Salame, former co-CEO of FTX Digital Markets, has requested a delay in his jail term to December 7, 2024, citing ongoing medical treatment needed after a dog attack. Ryan Salame, the former co-CEO of FTX Digital Markets, has requested an additional extension of time before he is ordered to begin serving his prison sentence. […]
Mango DAO Rejects Proposal to Pay Commission in SEC Settlement
Mango DAO has declined the proposal to pay $700,000 to the US Securities and Exchange Commission (SEC) as part of Mango Market’s settlement with the Commission for unregistered token sales. Realms data indicates that the Mango DAO has declined the proposal to pay the US SEC $700,000 as part of the settlement offer by the […]