The Securities Exchange Commission (SEC) has confirmed receipt of a 19b-4 filing from 21Shares regarding the spot XRP exchange-traded fund (ETF), indicating that 21Shares is actively pursuing the listing process for the XRP ETF. The 19b-4 filing was filed with the SEC by the exchange seeking approval for rule changes to list and trade specific securities.
Federal Reserve Chairperson Jerome Powell acknowledged that the CPI reading was higher than almost all forecasts, but he cautioned against overreacting, saying officials wanted to maintain restrictive policy for now. Click to view...
Larry Fink, BlackRock's chief executive, admits that he was once sceptical about Bitcoin, but he was wrong. He now says he "believes Bitcoin is a legitimate financial instrument."
Trump has admitted to removing Gary Gensler, the current chair of the Securities Exchange Commission, sparking speculation about potential successors, especially candidates who may be inclined to take a more crypto-friendly approach. Hester Peirce, a Securities Exchange Commission (SEC) commissioner known for her pro-cryptocurrency stance, is considered a potential replacement for Gary Gensler and has been dubbed "crypto mom" by the community for her advocacy in the field. Hester Peirc...
Bybit Powered by SATOS acknowledges the decision of the Dutch Bank (DNB) to impose a fine of 2.25 million euros on it for providing services without registration between October 2, 2020 and September 15, 2023. Since September 2023, Bybit has been operating under Bybit Powered by SATOS using the DNB-accredited SATOS Virtual Asset Service Provider (VASP) license.
Two months after pleading guilty to "assault" on Pump.fun, Jarett Dunn (aka Stacc) asked to withdraw his guilty plea to attacking the Solana token distribution platform Pump.fun for abuse of power and transfer of criminal property. With this move, his team of lawyers also withdrew from the case. Jarett Dunn currently has two weeks to find a representative to attend the hearing, where he will seek to change his request. If the request is accepted, the case will move to trial, where many witnesses...
Watcher.Guru disclosed on the X platform, the Securities Exchange Commission commissioner admitted that their approach to cryptocurrencies was "a disaster for the entire industry".
Powell admitted that there was no need to pay 100% attention to inflation now. He could start considering easing, and would cut interest rates as early as September. Some officials even thought they would act today...
A Columbia County man, Drawdy, has been sentenced to federal prison after pleading guilty to failing to deliver expensive computer equipment after selling it to more than 40 customers. U.S. District Court Judge J. Randal Hall also ordered Drawdy to pay restitution totaling more than $1.10 million and receive three years of supervised release upon completion of his sentence. From August 2021 to April 2022, Drawdy participated in an online cryptocurrency discussion forum and received feedback from...
Jung Sang-ho, former chief executive of Delio, which collapsed last year and owed about 250 billion won ($181 million), admitted in court that users were not "guaranteed principal" when they transferred assets to the platform. Prosecutors charged him with fraud, embezzlement and breach of trust.
On June 25th, local time on June 24th, the Department of Justice said in a letter to a federal judge that "WikiLeaks" founder Julian Assange has pleaded guilty to violating the Espionage Act and is expected to appear in a US court in the Northern Mariana Islands in the next few days. It is reported that the plea agreement will be finalized on the 26th local time. As part of the plea agreement, Department of Justice prosecutors recommended that Assange be sentenced to 62 months in prison.