Legal
Ripple calls SEC penalty disproportionate compared to Terraform Labs
Ripple says SEC's proposed $2 billion fine were unreasonable.
Oluwapelumi Adejumo 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Regulation
Coinbase derides SEC’s $2.6 billion budget request; American Securities Association calls for lower amount
Both entities criticized shortcomings in the SEC's operations.
AI
Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI
According to the filing, Musk's actions have created hundreds of billions of dollars of value for xAI at a substantial cost for Tesla.
Latest US Crypto News & Analysis
Regulation
CFTC Chair Rostin Behnam tells Senate agency can handle greater crypto responsibilities
Behnam denied the suggestion that the CFTC would be "biting off... more than it can chew" if it gained additional crypto authority.
Crypto
Gensler confirms spot Ethereum ETFs will be approved ‘this summer’ during Senate hearing
Despite partially approving the spot ETF applications for Ethereum, the SEC chair remained vague on whether it is classified as a commodity now.
Crypto
Bitfarms to boost US presence with Pennsylvania expansion amid Riot takeover bid
Bitfarms is currently in the middle of fending off rival Riot Platforms "hostile takeover" attempts.
Crypto
MicroStrategy issues $500M in convertible notes to buy more Bitcoin
MicroStrategy is doubling down on its debt initiative to to finance another major acquisition of Bitcoin.
Mining
Texas wants to use bitcoin miners for grid stability as power demand soars
The CEO of ERCOT advocated for increasing Bitcoin miners' participation as Controllable Load Resources to enhance stability of Texas power grid.
Legal
Terra community to own chain after TFL wind-down; Coinbase exec slams SEC settlement
Amani said that certain teams and developers want to takeover the network and will announce their intent on the governance forums.
More US Crypto News Headlines
Legal
US court issues final judgement against Terraform Labs, Do Kwon, imposes $4.5 billion in fines
Adoption
Coinbase raises concerns over declining crypto talent in US despite uptick in corporate interest
ETF
Bitcoin ETF outflows hit $200 million ahead of FOMC meeting
Crypto
