Newsletter May 15, 2024
SEC Ripple Case: Regulator Insists $2B Penalty 'Needed' To Deter Crypto Giant's Future Violations

The SEC has reiterated in another court filing that a massive penalty on Ripple was necessary to ensure that future violations will be deterred.

Wisconsin Pension Manager Snaps Up $100M Worth Of BlackRock Spot BTC ETFs In Q1

Wisconsin's pension fund overseer has just disclosed that it bought thousands of BlackRock's IBIT shares, signaling an apparent growing institutional interest in the trending funds.

Philippine Central Bank OKs Peso-Pegged Stablecoin Pilot Via Local Crypto Brand

The BSP recently approved a pilot for a peso-pegged stablecoin as proposed by a prominent local crypto exchange, marking a significant development in the Southeast Asian nation's digital assets sector.

Tornado Cash Developer Sentenced To Over 5 Years In Prison For Money Laundering

Alexey Pertsev, a developer of Tornado Cash, has been found guilty of money laundering by a Dutch court and will be jailed for more than five years.

Speeding Up Developer Web3 Onboarding: RAIR Technologies Launches Open-Source dApp Protocol

The recently launched protocol has brought together in one place the following powerful features: a smart account, marketplace, digital rights management (DRM), and non-fungible token (NFT) infrastructure.

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