Ripple Pays $250M to Purchase Custodian Metaco
Ripple, a San Francisco-based enterprise blockchain and payments specialist, has announced that it has acquired Swiss custody firm Metaco in a $250 million deal.
Coinbase Adds New USDC-related and Staking Services for Singaporean Users
Coinbase Global has broadened the scope of its services in Singapore in response to regulatory restrictions in the US.
Judge Denied SEC’s Motion to Seal Documents Related to Former Division of Corporation Finance Director
A judge in the US District Court for the Southern District of New York yesterday denied the SEC motion to seal documents related to a 2018 speech by former Division of Corporation Finance Director Bill Hinman.
Ethereum Developers Put Forward a MEV Burning Mechanism
Justin Drake, an Ethereum developer, has proposed a technique for softening and redistributing MEV peaks through burning as part of the concept of “separation of proposer and creator of the block” (PBS).
SEC Says Coinbase’s Lawsuit Against Regulator is Baseless
The SEC says the commission is not obligated to issue such regulations and Coinbase does not have the standing to sue the agency.
Binance Says Goodbye to Canadian Market
Binance has announced its withdrawal from the Canadian market, citing complex regulatory framework and small transaction volume as reasons for the decision.
Lido Launches Vote on Deployment of Second Version of Protocol on Ethereum
Lido Finance has launched a vote to launch version 2 of its liquid staking platform on the Ethereum network.
US Department of Justice to Tighten Crypto Exchanges Oversight
The US Department of Justice has announced that it will take “strong action” against illegal activities on cryptocurrency trading platforms.
Crypto VC Paradigm Acquires $50M in Coinbase Shares
Paradigm purchased $50 million worth of shares in the exchange operator las week.
QuadrigaCX Creditors Will Receive 13% of Their Claims
The creditors of bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.”
Riot Platforms Files Lawsuit Against Crypto Miner Rhodium Enterprises
Riot Platforms has taken legal action against Texas-based Bitcoin miner Rhodium Enterprises.
