SEC Settles with Mango Markets Over Unregistered Crypto Sale
The SEC claims that Mango markets raised over $70M through unregistered sales, violating federal securities laws. The United States Securities and Exchange Commission (SEC) announced today that it has reached a settlement with Mango DAO, Blockworks Foundation, and Mango Labs LLC regarding their involvement in the unregistered sale of cryptocurrency assets on the Mango Markets […]
Terra Luna Classic Nears Tax2Gas, LUNC Price Up 6%
Terra Luna Classic community is currently voting on proposal 12139, “Upgrade to v3.1.6,” introduced by developer StrathCole. At this time, the Terra Luna Classic community is voting on yet another suggestion for a security upgrade. This recently released upgrade includes a security fix for Wasmvm and an improvement to the gas simulation of taxable transactions. […]
XRP Whale Activity Rises With $23.3 Million Transfer
XRP whales became active after 40 million XRP ($23 million) moved from Bybit to a private wallet. XRP whales have stepped up their market actions following a significant transfer of 40 million XRP tokens, estimated to be worth around 23 million dollars, from Bybit to a private wallet. This substantial movement highlights an increasing trend […]
Meta Stock Surges With $811 Target as CEO Unveils AI Vision
Rosenblatt Securities raised its target price for META stock from $643 to $811, reflecting strong investor confidence. The price of Meta stock has reached an all-time high, and a plethora of well-known experts have expressed their optimism over the firm’s future with a favorable view. Mark Zuckerberg’s company presented its artificial intelligence goals at a […]
Ethena Labs Launches Stablecoin with BlackRock, Securitize
Following the announcement, Ethena labs token, ENA, surged by over 16%, with increased trading activity and open interest in futures. Ethena Labs announced on Thursday that it will create a stablecoin named UStb, with collateralization from BlackRock and Securitize. In addition to USDe, this will allow for a different fiat stablecoin product. Ethena Labs Announces […]