Crypto News
SEC Drops Investigation into Web3 Gaming Firm Immutable
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Ethereum-based gaming platform Immutable with no enforcement action, the company announced Tuesday. The decision ends a five-month tussle that began when the regulator issued Immutable a Wells Notice in October 2024, which probed into potential enforcement actions over alleged securities law violationsSource link
Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains
Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the estimated daily earnings from one petahash per second (PH/s) of computing power—has also seen anSource link
XRP Enters Regulated Spotlight as 21Shares Hits Nasdaq Stockholm With Fully-Backed ETP
XRP’s pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe. XRP Accelerates ‘Breakthrough Moment for Crypto in Europe’ With Compliant ETP Access Crypto investment firm 21Shares AG, known for pioneering exchange-traded products (ETPs) tied to digital assets, announced new listings onSource link
BlackRock Launches Bitcoin Fund in Europe Following Roaring IBIT Success
BlackRock’s latest Bitcoin fund will tap Coinbase for custody with each ETP security corresponding to a specific amount of the digital asset.Source link
Ripple Drops Cross-Appeal of SEC Case, Recovers $75M
The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020, the U.S. Securities and Exchange Commission (SEC) sued crypto firm Ripple Labs, the largest holderSource link