Author: Nola Robert

Article written by Nola Robert

Judge pauses legal dispute between Binance and SEC until April

February 14, 2025 1 min read

A judge in Washington D.C. has paused the legal battle between Binance and the U.S. Securities and Exchange Commission (SEC) for 60 days. Judge Amy Berman Jackson ordered this stay and requested both parties to submit a joint status report by April 14. The pause was requested by Binance and the SEC in a court filing. They cited the SEC’s new crypto task force, which aims to create clear rules

The US SEC delays decision on the BlackRock iShares Ethereum ETF Options

February 8, 2025 1 min read

The number of crypto ETF filings is rising globally. The SEC is processing some of these filings but delaying others for various reasons. Recently, they extended the deadline for a decision on the iShares Ethereum ETF Options to April 9. iShares is a financial services firm under BlackRock that offers ETFs. The reason for the delay in the decision is unclear. The SEC stated that they need more time to

The SEC acknowledges Grayscale’s Solana and Litecoin ETF filings

February 8, 2025 2 mins read

The U.S. Securities and Exchange Commission (SEC) has recognized Grayscale’s proposals for Solana and Litecoin exchange-traded funds (ETFs). This is a significant development, especially since it is the first time the SEC has acknowledged a Solana ETF filing. This change could indicate a more favorable attitude toward cryptocurrency investment products. The SEC’s announcement comes during a period of leadership changes, which has led to optimism about a more supportive regulatory

Coinbase urges US regulators to confirm banks can offer crypto services

February 6, 2025 2 mins read

Coinbase is urging US regulators to allow banks to offer cryptocurrency services. As the largest custodian for US-based spot Bitcoin ETFs, Coinbase wants state-chartered banks to provide and outsource crypto custody and execution services. They are asking regulators to confirm that banks can legally serve crypto businesses. In a letter to the Office of the Comptroller of the Currency (OCC), the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC),

The parents of former FTX CEO seek to get their son a presidential pardon

February 1, 2025 1 min read

Sam Bankman-Fried’s parents are trying to secure a presidential pardon for their son from Donald Trump. Joseph Bankman and Barbara Fried, both law professors at Stanford, have met with lawyers and Trump administration members to discuss this matter. Their son is currently serving a 25-year prison sentence after being convicted of fraud. He was sentenced in March 2023, following the bankruptcy of his cryptocurrency platform, FTX, in 2022. This effort

Blockchain travel platform Travala.com considers a $100M acquisition offer

January 29, 2025 1 min read

Travala.com is a blockchain travel platform backed by Binance, currently considering acquisition offers after receiving an unsolicited proposal. The platform accepts cryptocurrency payments and has achieved over $100 million in annual revenue, with a valuation around $100 million. The rise in cryptocurrency use fuels its growth potential. Founded in 2017, Travala provides over 3 million travel options in over 230 countries, allowing payments in various cryptocurrencies, including its own token,

Ledger co-founder was rescued after being kidnapped in France

January 24, 2025 2 mins read

David Balland, a co-founder of Ledger, a cryptocurrency company, was recently freed after being kidnapped in central France. He and his wife were taken from their home in the Cher region early Tuesday morning. The kidnappers demanded a large ransom in cryptocurrency from another Ledger co-founder. French national police and the elite GIGN unit negotiated with the assailants. Eventually, authorities located Balland and arrested several suspects. His wife was found

Gary Gensler steps down on January 20, 2025

January 20, 2025 2 mins read

Gary Gensler will resign as Chairman of the U.S. Securities and Exchange Commission (SEC) on January 20, 2025. His departure is anticipated due to Donald Trump’s election victory, which may shift regulatory expectations. Trump has nominated Paul Atkins for the position, but Senate voting will confirm the new chair. Gensler’s resignation has sparked discussions in the crypto community, particularly among XRP holders. His strict regulatory stance significantly affected XRP’s price,

Ripple CLO Stuart Alderoty denies claims that Trump criticized Ripple for donations to Kamala Harris

January 18, 2025 1 min read

Ripple’s Chief Legal Officer, Stuart Alderoty, has refuted claims that President Donald Trump criticized Kamala Harris for receiving financial backing from Ripple executives. Alderoty labeled these allegations as “pure fiction,” responding to unverified reports suggesting Trump confronted Ripple for not supporting his campaign. The rumors originated from various media outlets, claiming Trump accused Ripple of backing Harris instead of him. An Axios report quoted Trump allegedly asking, “When I needed

MoonPay acquires Helio for $175M

January 15, 2025 1 min read

MoonPay has acquired Helio, a blockchain payment processor based on Solana, for $175 million, its largest acquisition to date. This deal aims to enhance MoonPay’s crypto payment services and broaden solutions for merchants and marketplaces. MoonPay supports over 30 fiat currencies and 110 cryptocurrencies across 160 countries, and this acquisition is seen as a vital step in strengthening its infrastructure. Initially, the acquisition was estimated at $150 million, but the

Shiba Inu announces the WHY Combinator initiative for the meme coin

January 13, 2025 1 min read

Shiba Inu’s lead developer, Shytoshi Kusama, has introduced the WHY Combinator, a decentralized initiative designed to promote growth in the meme coin space. This program aims to enhance the utility of the BONE token and support innovative projects. In a blog post dated January 11, Kusama shared the initiative’s objectives and recent advancements in the Shiba Inu ecosystem. He mentioned the development of over 30 technological tools, referred to as

The CFPB proposes a rule to hold crypto providers accountable for compensating users

January 12, 2025 1 min read

The Consumer Financial Protection Bureau (CFPB) has proposed a new rule to protect cryptocurrency users. This rule aims to make crypto service providers responsible for reimbursing users who lose money due to fraud or theft. While some people support this initiative, others criticize it for being unclear and possibly excluding non-custodial wallets. On January 10, the CFPB announced plans to expand the Electronic Fund Transfer Act (EFTA) to include cryptocurrency