DeepNewz
Regulation & Politics
SEC and Ripple Seek Court Approval to Split $125 Million Penalty, Citing Policy Shift and Prior Judge Torres Decision
The SEC and Ripple Labs have jointly requested a Manhattan District Court to dissolve the injunction in their ongoing legal case
TradFi & Fintech
DeFi Development Corp. Secures $5 Billion Equity Line to Boost Solana Accumulation, Stock Rises 22% to $32
DeFi Development Corp. (DFDV), a company managing Solana's corporate treasury, has secured a $5 billion equity line of credit to accelerate its accumulation of Solana (SOL) tokens.
TradFi & Fintech
Japanese Video Game Developer Gumi Buys ¥1 Billion Worth of Bitcoin
Japanese video game developer Gumi has purchased ¥1 billion worth of Bitcoin, marking a notable investment by a major Japanese company in the cryptocurrency
DeFi
Circle Launches USDC on Ripple's XRP Ledger for Enterprise B2B Payments and DeFi Liquidity
Circle has officially launched its USDC stablecoin on Ripple's XRP Ledger, marking a significant development in the cryptocurrency space
TradFi & Fintech
$142 Billion Shopify Partners With Coinbase and Stripe to Enable Bitcoin and Stablecoin Payments for 5.5 Million Merchants
Shopify has entered into a partnership with Coinbase to enable cryptocurrency payments across its platform
Blockchains
Polygon Co-Founder Sandeep Nailwal Named CEO of Polygon Foundation, Largest POL Holder, Announces Strategic Shift
Sandeep Nailwal, co-founder of the blockchain platform Polygon, has been appointed as the CEO of the Polygon Foundation
CeFi
Peter Thiel-Backed Crypto Exchange Bullish Confidentially Files for US IPO
Cryptocurrency exchange Bullish, backed by billionaire investor Peter Thiel, has confidentially filed paperwork with the U.S. SEC, FT reports.
Regulation & Politics
SEC Seeks Amended Filings, Puts Spot Solana ETFs on 3–5-Week Approval Path
The U.S. Securities and Exchange Commission has asked prospective issuers of spot Solana exchange-traded funds to file amended S-1 registration statements
Blockchains
Coinbase Survey: 60% of Fortune 500 Firms Now Pursuing Blockchain Projects
A new survey by Coinbase shows 60% of Fortune 500 companies are now running or piloting blockchain projects.
