The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.

Meta’s Stephane Kasriel said on Twitter the decision is prompted by a desire “to focus on other ways to support creators, people, and businesses.”

Fissures among the progressive left are primarily responsible for the lack of U.S. regulatory progress around stablecoins, says John Rizzo, senior vice president for public affairs at Clyde Group.

Shares of Euler token fell 50% hours after an exploit on its protocol while First Republic shares fell roughly 62% following U.S. bank turmoil.

While it’s easy to blame the recent shift in the regulatory mood regarding crypto markets on certain bad actors, the real roots lie beyond the crypto ecosystem, says Noelle Acheson.

From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.

The SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm.

Kyle Davies, co-founder of defunct hedge fund Three Arrows Capital, has claimed he has no pending lawsuits or regulatory action following the collapse of the fund last year.

DYDX token, the native token of the decentralized exchange of the same name, has surged by 26.88% on Monday after a governance vote had been passed to reduce trading rewards

Four funds with about $940 million in gross asset value had exposure to the custodians, as of May 2022.