SUI News
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It Takes a Fake Token to Catch a Volume Faker
Last week, the Department of Justice announced charges against over a dozen individuals and entities, arguing these market makers were actually wash trading funds and defrauding people.
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Crypto.com v. SEC Is a Bold, ‘Bet the Company’ Case
If the company’s case can clear one procedural hurdle, it will have the SEC on its heels in Texas.
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Singapore’s DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients
The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.
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U.S. Election Betting: Federal Court ‘Erred’ in Letting Kalshi Launch Prediction Markets, CFTC Says
A federal judge “erred” in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court.
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Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.
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Protocol Village: Fuel, Rollup Project Praised by Vitalik Buterin, Launches L2 ‘Ignition’ on Mainnet
Fuel Labs, developer of an operating system purpose-built for Ethereum rollups, announced the mainnet launch of Fuel Ignition, its flagship…
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GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain
The Labs partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.
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Crypto Usage Setting Records Amid Regulatory Uncertainty, A16z Says in Report
The report highlights a dramatic increase in blockchain activity, with 220 million addresses interacting with the technology at least once in September, triple the number in late 2023.
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Dubai’s VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator.
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CoinDesk Buys Crypto Data Provider CCData and CryptoCompare
CoinDesk plans to integrate CCData’s platform into its existing products
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