Nearly 50% of U.S. Investors Plan to Invest in Crypto ETFs: Charles Schwab Survey
Crypto was the leading asset class among millennial ETF investors, topping even stocks and bonds, the survey showed.Source
SEC Sues Crypto Market Maker Cumberland DRW
The regulator alleged the company “bought and sold” crypto assets that were sold as securities, but did not register as a securities dealer.Source
Ripple Plans ‘Cross-Appeal’ in SEC Case
The SEC announced it was filing an appeal last week.Source
OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market
OKX, one of the four biggest cryptocurrency exchanges, has gone live in the UAE, Middle East General Manager Rifad Mahasneh said in an interview.Source
Heather ‘Razzlekhan’ Morgan Should Spend 18 Months in Prison, Prosecutors Tell Court
Prosecutors have requested that Heather Morgan – better known by her rap moniker “Razzlekhan” – be sentenced to just 18 months behind bars for her role in laundering 120,000 bitcoins stolen from Bitfinex in a 2016 hack.Source
Ethena Picks BlackRock’s BUIDL, Mountain, Superstate and Sky’s USDS for $46M Tokenized RWA Investment
Ethena’s $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.Source
Ripple Expands Custody Business to Offer ‘Bank-Grade’ Service to Crypto Firms
The new features could allow companies to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRP Ledger.Source
CoinDesk 20 Performance Update: UNI Surges 10.4%, While Index Trades Mostly Flat
Aptos was the weakest performer, falling 6.9%Source
Uniswap Developer Unveils Own Layer-2 Network, Unichain, Built on Optimism Tech
The news is in line with the ongoing trend that’s hit the Ethereum scaling world since the end of 2023: giant and familiar crypto exchanges launching their own layer-2 networks.Source