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Search Results for: sec

Judge Addresses Multiple Pending Motions in Binance vs SEC Lawsuit

A significant hearing in the continuing legal battle between Binance, and the US SEC is likely to unfold today. The action has entered a pivotal point. And Judge Amy Jackson has issued several orders to clear outstanding motions. Including an amicus brief submitted by USDC issuer Circle. Multiple rulings clearing

October 12, 2023 2 mins read

TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

FREMONT, Calif. & CLEARWATER, Fla.–(BUSINESS WIRE)–TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced a proposed secondary public offering of 6,750,000 shares of its common stock currently held by certain entities managed by affiliates of Apollo Global Management, Inc. and other selling stockholders (collectively, the “Selling Stockholders”).

October 11, 2023 4 mins read

EU Market Regulator Issues Second Consultation Paper on MiCA Mandates

On October 5, the EU’s markets regulator, the European Securities and Markets Authority (ESMA), issued a second consultation paper on mandates for the Markets in Crypto-Assets (MiCA). The ESMA has published a lengthy document (307 pages) in which it requests feedback on five aspects of MiCA. The Authority tracks quantitative

October 6, 2023 1 min read

Multichainz Secures $35M Investment Commitment from GEM Digital

SINGAPORE–(BUSINESS WIRE)–Multichainz, a leading lending protocol has announced a significant milestone in its growth, having secured a $35 million investment commitment from GEM Digital, a Bahamas-based digital investment firm. The investment comes through a structured Token Subscription Agreement of the Multichainz utility token, Chainz. Multichainz offers expanded access to lending

October 5, 2023 3 mins read

Cicada Secures $9.7m in Pre-Seed Capital Commitments

The non-custodial crypto lender will use the proceeds to launch multiple lending products in the coming months BOSTON–(BUSINESS WIRE)–Cicada Partners, a non-custodial credit risk management company bringing greater transparency and accountability to institutional lending over public blockchain infrastructure, announced a $9.7m funding round with equity and debt capital commitments led

October 4, 2023 3 mins read

Ripple’s XRP Pumps 8% as Federal Judge Denies SEC’s Bid to Appeal

In a significant setback for the U.S. Securities and Exchange Commission (SEC) in its quest to regulate the cryptocurrency market, a federal judge has rejected the SEC’s request to appeal her recent ruling involving Ripple Labs, the company behind the XRP token. District Judge Analisa Torres ruled that the SEC

October 4, 2023 2 mins read

Ripple Secures Major Payments Institution License from the Monetary Authority of Singapore

Issuance of license follows in-principle approval granted in June 2023 SINGAPORE & SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, announced today that its Singapore subsidiary Ripple Markets APAC Pte Ltd has secured its Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). The

October 4, 2023 2 mins read

Grayscale Files With the SEC To Transform Ether Trust Into Spot Ether ETF

With the recent green light given to the first Ether futures ETF, Grayscale Investments is trying to transform its Grayscale Ethereum Trust into a spot Ether ETF. On October 2, the New York Stock Exchange Arca submitted a conversion application to the U.S. SEC. Previously, Grayscale’s trust had invested in

October 2, 2023 1 min read

Toku And Quantstamp Partner to Enhance Security and Payroll Practices in Web3

SAN FRANCISCO–(BUSINESS WIRE)–#blockhain—Toku and Quantstamp, two leading companies serving the web3 industry, are excited to announce a strategic partnership that brings security audits and compensation tax audits together as part of a bundled service to provide blockchain companies with seamless support to power their businesses. As the web3 industry continues

September 29, 2023 4 mins read