Ripple CLO Highlights SEC’s Loss on Proxy Advisory Firms Rule
Ripple CLO Stuart Alderoty recently posted on X on the SEC’s legal loss. Alderoty becoming more dissatisfied with regulators with XRP lawsuit. Ripple CLO Stuart Alderoty recently took to X, where he highlighted the SEC’s defeat in a separate legal dispute. However, the Chief Legal Officer (CLO) of the Securities and Exchange Commission (SEC) has issued a post […]
VanEck Submits Application For First Solana ETF With US SEC
VanEck submits an application for Solana ETF with the SEC, becoming the first firm to do so in the United States. SOL’s price surged over 8%. VanEck, an investment management firm, announced on Thursday that it has submitted an application for Solana Trust to the U.S. Securities and Exchange Commission. Moreover, VanEck has initiated the process […]
Fantom Triumphs as Court Reverses Lower Court Ruling
The Seoul High Court rules in favor of the Fantom Foundation against SikSin and CEO Byung-Ik Ahn, dismissing all claims and overturning previous ruling. The Seoul High Court’s Civil Division 19-3 has rendered a significant legal victory for the Fantom Foundation in its lawsuit against the Korean food technology startup SikSin and its CEO, Byung-Ik […]
Gulf Energy Invests $271M in AI Data Centers Post-Binance TH
Gulf Energy invests $271M in data center expansion, following Binance TH’s expansion. Southeast Asia is demanding more cloud computing and AI services. Sarath Ratanavadi, Thailand’s second-richest individual and an energy tycoon, is intensifying his efforts to establish data centers. This move aims to capitalize on the growing market for cloud computing and artificial intelligence. The […]
Bitcoin ETF Inflows Surge Ahead US GDP Data
Spot Bitcoin ETFs saw over $21 million inflow on Wednesday. This precedes the U.S. GDP growth rate and Federal Reserve PCE inflation data. On Wednesday, June 26, Bitcoin ETF transactions were positive, with a total of over $21 million. Fidelity led the influx, while BlackRock stayed stagnant. Additionally, Grayscale’s GBTC attracted attention with its positive flows […]