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According to Reuters, a civil trial filed by the U.S. Securities and Exchange Commission (SEC) against Terraform Labs and its founder, Do-Hyung Kwon, for fraud is scheduled to begin today (Aug. 25) in U.S. District Court in Manhattan. Mr. Kwon, who was recently released from prison in Montenegro

"The U.S. Securities and Exchange Commission (SEC) has asked the court to impose $2 billion in penalties on Ripple," reports Stuart Alderoty, Chief Legal Officer at Ripple (XRP), X. "The SEC filed a remedies briefing in the case on Wednesday (local time). A remedies briefing is

CommEx, the local cryptocurrency exchange that acquired Binance's Russian operations, announced that it will begin a phased shutdown process on March 25, suspending new signups, Binance asset transfers, and fiat and crypto deposits. Comex will phase out its crypto futures, peer-to-peer marketplace, and spot trading services, and will

According to data from Dune Analytics, the cumulative trading volume of Blend, an NFT mortgage protocol under the BLUR NFT marketplace, surpassed $5.5 billion as of the 25th. Currently, Blend has a cumulative trading volume of approximately $5.54 billion and a total of 610,066 loans originated with