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Search Results for: sec

HEX Founder Richard Heart’s Case Dismissal Plea Sees SEC Opposition

The SEC has become an integral part of the US crypto regulatory landscape, particularly in the past few months. Amid several lawsuits and reexamination of crypto assets, the regulatory body has hawk-eyed crypto institutions. Recently, on August 22, the SEC raised claims against HEX founder Richard Heart.  Notably, the SEC

August 23, 2024 2 mins read

YeagerAI Secures $7.5M Seed Funding to Build First AI-Powered Intelligent Blockchain

YeagerAI has announced the successful completion of a $7.5 million seed round for its GenLayer, an AI-powered Intelligent Blockchain, which was headed by North Island Ventures. World-class web3 venture capital firms, such as Arrington Capital, Node Capital, Samara AG, DCF Capital, WAGMI Ventures, Magnus Capital, MH Ventures, BlockBuilders, TykheBlock, ZK Ventures,

August 21, 2024 3 mins read

Brazilian Regulator Greenlights Second Solana ETF This Month

Brazil’s Securities and Exchange Commission (CVM) has greenlit a second Solana ETF, marking a notable step for crypto investments in the region. This new fund is set to be launched by asset manager Hashdex, a Brazil-based asset manager managing over $962 million in assets, in collaboration with local investment bank

August 21, 2024 2 mins read

Are Solana ETFs Facing an Uncertain Future with the SEC?

The U.S. Securities and Exchange Commission (SEC) has rejected Cboe BZX’s 19b-4 filings for two proposed spot Solana ETFs, according to the reports. This decision led to the removal of the filings from the Cboe website and prevented them from being submitted to the Federal Register, halting any progress toward

August 20, 2024 2 mins read

Franklin Templeton Files for Crypto Index ETF with the U.S SEC

According to a filing made on August 16 with the U.S SEC, asset manager Franklin Templeton is planning to introduce a new exchange-traded fund (ETF) that would serve as a comprehensive cryptocurrency portfolio. According to the paperwork, the Franklin Crypto Index ETF will follow the CF Institutional Digital Asset Index’s.

August 17, 2024 2 mins read

Ripple Set to Settle $125M Penalty Amid SEC Appeal Uncertainty

Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) is once again under the spotlight as concerns grow over the potential appeal of a recent court decision. The SEC might challenge the ruling, which ordered Ripple to pay a $125 million civil penalty for violating securities laws by

August 16, 2024 2 mins read

Web3 Liquidity Provider ‘Orderly Network’ Secures $5M Strategic Funding

Orderly Network, a web3 liquidity provider, has secured $5 million in strategic funding. A release was shared with The Block, which states that the new funding was engaged in by OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol. In an effort to address the liquidity issues

August 16, 2024 1 min read

US SEC Approves MicroStrategy ETF Launched by Defiance ETFs

The SEC has given the green light to MicroStrategy tracking exchange-traded fund (ETF). The MSTX exchange-traded fund (ETF) is offered by Defiance ETFs and aims to replicate 175% of the daily stock return of MicroStrategy. A public statement states that the SEC has given its formal approval to the MicroStrategy

August 16, 2024 2 mins read