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Ripple didn’t win, but it definitely didn’t lose: Where the SEC case goes next
It’s been a good few days for XRP holders, but Ripple still has much to defend in court
Blockworks·1970/01/20 13:15
Coinbase, Kraken will relist XRP following Ripple summary judgement
Coinbase delisted XRP in the wake of the SEC’s lawsuit at the tail-end of 2020
Blockworks·1970/01/20 13:14
Celsius CEO absent from $4.7B FTC settlement
The Federal Trade Commission announced the settlement after the FTC, CFTC and SEC filed lawsuits against Celsius
Blockworks·1970/01/20 13:14
CFTC, FTC sue Celsius as DOJ charges CEO Mashinsky, exec
The DOJ claimed Mashinsky “orchestrated a scheme to defraud customers of Celsius Network” together with a former chief revenue officer
Blockworks·1970/01/20 13:14
SEC sues Celsius, former CEO for market manipulation, securities fraud
One year after Celsius filed for bankruptcy, the SEC has hit the defunct crypto lender and former CEO Mashinsky with a slew of charges
Blockworks·1970/01/20 13:14
Flash
- 06:49The total amount of ETH locked in zkSync Bridge has exceeded 3.7 millionAccording to the latest data from Dune Analytics, the total amount of ETH locked in zkSync, an Ethereum layer-2 scaling solution, has exceeded 3.7 million. At the time of writing this article, it reached 3,700,146 ETH which is close to $14 billion at current prices. In addition, the number of user addresses for zkSync bridge has reached 2,926,969.
- 06:48Stablecoin issuing company Agora will launch its stablecoin AUSD on the Sui chainStablecoin issuer Agora recently announced that it will launch its stablecoin AUSD on the Sui chain, making AUSD the second stablecoin to be launched on Sui after FDUSD. The AUSD is planned to be launched in June and will be backed by bank deposits, U.S. Treasury bonds, and repurchase agreements, with its reserve funds being held by VanEck. In addition, Agora plans to incorporate businesses that support AUSD into its business model and share with them the revenue products of stablecoin operations. It was reported that Agora had previously announced plans to push AUSD towards Ethereum, Arbitrum and Optimism; Sui is the first non-EVM blockchain where AUSD has been issued.
- 06:46The Bitcoin spot ETF had a net inflow of 48.738 million USD yesterday, with a total net asset value of 57.94 billion USDSoSoValue data shows that yesterday (Eastern Time May 31), the total net inflow of Bitcoin spot ETFs was $48.738 million, among which:- Grayscale GBTC had a single-day net outflow of $124 million, and the current historical net outflow of GBTC is $17.902 billion.- The Bitcoin spot ETF with the most single-day net inflow was BlackRock's IBIT, with a single-day net inflow of $169 million. The current total historical net inflow for IBIT has reached $16.651 billion.- Next is Fidelity's FBTC, with a single-day net inflow of $5.9047 million and its total historical net inflows have reached $8.89 billion. As of now, the total asset value of Bitcoin spot ETFs is $57.94 billion; the ratio between ETF's assets to Bitcoin’s market cap (the proportion compared to Bitcoin’s overall market value) has reached 4.34%. The cumulative historical net influx has already hit approximately 13.858 billion dollars.
