#exchange

On October 30, Nishad Singh, the former CTO of bankrupt crypto exchange FTX, was sentenced to time served (18 months) and three years of supervised release, becoming the fourth former FTX employee to be officially sentenced.

The bankrupt crypto exchange FTX reached a $228 million settlement with Bybit, aimed at reclaiming assets to bolster funds for client and creditor repayments. FTX's restructuring team actively sought to recover assets to strengthen its payout capacity.

According to Ripple CEO Brad Garlinghouse, an XRP ETF (Exchange-Traded Fund) is inevitable.

Grayscale Investments has filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Digital Large Cap Fund (GDLC) into a traditional ETF.

The economy of Uniswap, a leading decentralized exchange, is about to change. Michael Nadeau, the founder of the blockchain research services The DeFi Report, wrote on X that the platform and UNI token holders will begin to benefit from network activities.

Uniswap, the decentralized exchange, has revealed its proprietary L2 blockchain, Unichain, developed using the OP Stack from Optimism. According to the development team, this initiative is part of a strategy to enhance Ethereum’s scalability, leading to a major increase in payment efficiency.

Crypto exchange Crypto.com has launched legal action against the U.S. Securities and Exchange Commission (SEC), stating that it is joining the fight alongside other industry players to protect the future of the crypto industry in the United States.

Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, announced it will delist all stablecoins that do not meet the MiCA regulations set by European authorities. Among those at risk is USDT, the leading stablecoin issued by Tether Holdings Ltd.

A recent report from Kaiko reveals that Crypto․com has become the market leader in the U.S. for platforms supporting USD transactions. With over 50% of market share in weekly trading volume, the platform has outpaced Coinbase nearly three times over.

The Blockchain Association and the Crypto Council, two organizations dedicated to crypto advocacy, stepped up to support Beba and the DeFi Education Fund in a lawsuit against the US SEC (Securities and Exchange Commission).

According to a filing on the U.S. Securities and Exchange Commission (SEC) website, Microsoft will bring the topic of corporate investments in Bitcoin to its next shareholders’ meeting on December 10.

The U.S. Securities and Exchange Commission (SEC) has filed an appeal in its case against Ripple (XRP), challenging a district court decision made a year ago. Back then, the crypto firm secured a victory as the judge ruled that XRP sales to retail investors did not breach securities laws.

Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, discussed a possible financial avalanche in his new article “Persistent Weak Layers.”

Crypto exchange Bitnomial has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), contesting its stance that XRP futures should be classified as "securities futures contracts."

Crypto investment firm Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP ETF. This makes them the second issuer in just a week, following Bitwise, in their attempt to offer traditional investors exposure to Ripple (XRP).

Dan Gallagher, the Chief Legal Officer at Robinhood, is being considered as a potential candidate to lead the U.S. Securities and Exchange Commission (SEC) if Donald Trump secures the presidency, Politico reports, referencing opinions from former SEC officials.

The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have officially backed a group of investors in a class action lawsuit against Nvidia.