Terraform Labs Will Pay $4.5B to SEC to Settle Civil Case
Terraform Labs and former CEO Do Kwon have reached a settlement with the US Securities and Exchange Commission (SEC) resulting in a combined $4.5 billion in disgorgement and penalties.
Tether to Invest $1B in Deals in 2025
According to a report by Bloomberg on Tuesday, chief executive officer of stablecoin developer Tether, Paolo Ardoino, has revealed that their investment arm plans to make deals worth $1 billion in the next year.
Thailand’s Regulator Revokes Zipmex’s Licenses
Thailand’s Securities and Exchange Commission (SEC) has taken action against cryptocurrency exchange Zipmex after a period of intense regulatory scrutiny.
Bank of Ireland Grants License to Crypto.com
The Central Bank of Ireland has granted Crypto.com with the status of a Virtual Asset Service Provider (VASP), allowing the company to expand its services in Ireland.
Australia Bans Crypto Use for Online Gambling
The Australian government has announced a ban on using cryptocurrencies and credit cards for online gambling.
Solana Removes Group of Validator Operators
The Solana Foundation has removed a group of validator operators from its delegation program for engaging in sandwich attacks on traders.
Spot Bitcoin ETFs See $64.9 Million Outflows
Spot BTC ETFs in the US experienced a decrease of $64.9 million in net flows on June 10, ending their four-week period of consecutive gains.
