Wed, December 17

ASIC Seeks High Court Appeal in Block Earner Crypto Yield Case

The Australian Securities and Investment Commission (ASIC) is looking for special leave from the High Court to appeal a ruling in favor of Block Earner, boosting the status of virtual asset yield products.  The ASIC is requesting the High Court to shed light on how interest-earning and asset conversion products

May 21, 2025 2 mins read

SEC Sues Unicoin Top Executives for a Massive $100M Fraud

The US Securities and Exchange Commission filed fraud charges against Unicoin and its executives. It claimed that the company has made several false claims regarding its native token and raised $100 million from investors.  The top executives who are facing the heat of the SEC’s charges are the CEO of

May 21, 2025 2 mins read

SEC Chair Faces Scrutiny Over Trump Memecoin, Justin Sun Case

The chairman of the Securities and Exchange Commission of the United States, Paul Atkins, has faced scrutiny on May 21 for the stance of the SEC on Trump-associated mememecoin and its management of the fraud case associated with Justin Sun.  The questions arose at the time of a House Appropriations

May 21, 2025 2 mins read

SEC Delays XRP and Dogecoin ETF Decisions

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on rule changes that would allow for the trading of proposed exchange-traded funds (ETFs) tracking XRP and Dogecoin, two of the world’s largest cryptocurrencies by market cap. The decision affects filings by 21Shares, which proposed an XRP ETF, and

May 21, 2025 2 mins read

Robinhood Proposes SEC-Approved Framework to Regulate Tokenized Real-World Assets

Robinhood has filed a proposal with the U.S. Securities and Exchange Commission (SEC), seeking a unified federal framework for trading tokenized real-world assets (RWAs). The proposal marks a pivotal moment in bridging traditional finance with blockchain innovation. The core of Robinhood’s plan is legal clarity. Instead of pushing new technology

May 20, 2025 1 min read

Indian Supreme Court Criticized the Government on Lack of Crypto Regulation

India is popular for its stringent stance on cryptocurrencies. Government officials have multiple times mentioned cryptocurrencies during Union budgets and imposed hefty taxes. However, the country has a huge number of crypto investors and developers, who contribute to its ecosystem. The Supreme Court of India is involved in the matter

May 20, 2025 2 mins read

Bitcoin Developer Ben Allen Secures $100K Grant to Boost Payjoin Privacy Tool

Bitcoin developer Ben Allen has been awarded a $100,000 grant by investment firm Maelstrom to support the continued development of Payjoin, a privacy-enhancing transaction tool designed to make Bitcoin (BTC) usage more secure and efficient. Announced on May 20, the grant will allow Allen and developer Dan Gould to accelerate

May 20, 2025 2 mins read

Binance Files to Dismiss FTX’s $1.76B Clawback, Says Claims Are Flawed

Binance has formally requested the dismissal of a $1.76 billion lawsuit filed by the FTX bankruptcy estate, calling the case legally flawed and an attempt to deflect responsibility from FTX’s internal mismanagement and fraud. Filed in Delaware court, Binance’s motion argues that the now-defunct exchange is wrongly attributing its collapse

May 20, 2025 2 mins read

Mitroplus Labs Founder Kidnapped in $500K Crypto Ransom Plot

Festo Ivaibi, the founder of a pivotal educational hub for Africans, Mitroplus Labs, has become a crypto figure to lost his capital to criminal gangs and has been abducted. The gang demanded a capital worth $500,000 with access to the crypto wallet of the founder.  They posed as Ugandan security

May 20, 2025 2 mins read
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