Key facts: SEC fines on cryptocurrency ecosystem increased 3,000% in one year. In 2024, the SEC imposed the largest fine on record on a company, of USD 4.6 billion. The U.S. Securities and Exchange Commission (SEC) has imposed cumulative fines amounting to $7.5 billion on the bitcoin (BTC) and cryptocurrency ecosystem since 2013, according to … Read more
Solana (SOL), the native cryptocurrency of its eponymous network, continues to show weak performance since March and its price is moving further away from its all-time high. In early August, digital assets took a major hit due to the crash financial crisis that caused the event known as “Black Monday”. In the case of SOL, … Read more
WisdomTree, the financial services firm with digital assets and exchange-traded products, is withdrawing from the Ethereum ETF race. The company asks the Securities and Exchange Commission (SEC) the retreat of Form S-1, which requested the listing of an exchange-traded fund (WisdomTree Ethereum Trust) on one of the branches of the Chicago Board Options Exchange: Cboe … Read more