SEC’s enforcement case against Ripple may be wrapping up

The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years. According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC’s case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal, … Read more

Cboe BZX files Solana ETF application on behalf of Franklin Templeton

The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States. According to the March 12 filing, Franklin Templeton’s proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange Commission to allow … Read more

Cboe BZX files Solana ETF application on behalf of Franklin Templeton

The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States. According to the March 12 filing, Franklin Templeton’s proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange Commission to allow … Read more

‘Markets Are Gonna Soar’: Trump Shows Confidence as Inflation Cools and Stocks Rise

Equities and cryptocurrency markets rebounded following a sharp downturn earlier in the week, fueled by signs of easing inflationary pressures. Despite the contentious effects of his tariff strategies, President Donald Trump remains confident that the U.S. will emerge “stronger than ever before” financially under his stewardship. Inflation Eases, Markets Rise On Wednesday afternoon, the cryptocurrency … Read more

Hyperliquid Absorbs $4M Loss as Whale Nets $1.8M Profit in Ethereum Trade 

A trader on decentralized exchange Hyperliquid exited a $200 million leveraged ethereum trade with a $1.8 million profit, while the platform’s liquidity pool absorbed a $4 million loss, prompting leverage adjustments to mitigate future risks. Trader Profits $1.8M as Hyperliquid’s Liquidity Pool Takes $4M Hit A Hyperliquid trader using wallet “0xf3f4” deposited $4.3 million in … Read more

Binance introduces review mechanism to remove unqualified tokens

Binance announced on March 12 that its Alpha platform has implemented a new comprehensive token review framework that will aim to remove tokens that don’t meet certain quantitative and qualitative criteria. The quantitative metrics include trading volume stability, liquidity depth, frequency of onchain transactions and distribution of tokenholders. The qualitative metrics include project team credibility, … Read more

Indian authorities arrest alleged Garantex founder for US extradition

Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex.  In a March 12 notice, the CBI said police in the Indian state of Kerala had coordinated with national authorities to arrest Bešciokov. The Lithuanian national was reportedly vacationing … Read more

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