According to the objection of the Tron Foundation and its founder Justin Sun to the lawsuit filed by the SEC, the Commission does not have the power to regulate the sale of foreign digital assets to foreign investors on global platforms outside the United States.
On March 31, Tether, the company responsible for the stablecoin USDT, acquired 8,888 Bitcoins worth $618 million.
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
Since the beginning of January 2024, the market supply of the second-largest stablecoin, USD Coin (USDC), has been increasing.
Consensys has addressed the United States Securities and Exchange Commission’s inquiry into whether Ethereum’s proof-of-stake consensus mechanism raises unique concerns regarding spot ether exchange-traded fund (ETF) applications.
On Thursday, FTX founder Sam Bankman Fried was sentenced to nearly 25 years in prison for his involvement in a criminal fraud trial that resulted in the loss of $8 billion by retail investors.
Bitwise, a crypto investment firm, submitted an application to the Securities and Exchange Commission (SEC) today to offer a spot Ethereum ETF.
