- SEC Moves to Amend Complaint Against Binance, Binance.US, and Zhao: Solana (SOL) May Be Impacted
- OKX's Venture Arm and Aptos Foundation Announce $10M Fund to Boost Aptos Ecosystem
- MicroStrategy Plans to Raise $2B to Buy More Bitcoin
As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed about the latest developments and trends. Our weekly recap provides you with a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space.
SEC Moves to Amend Complaint Against Binance, Binance.US, and Zhao: Solana (SOL) May Be Impacted
The SEC plans to amend its complaint against Binance Holdings, Binance.US, and co-founder Changpeng Zhao. The amendment will redefine "third-party crypto asset securities" and could include Solana (SOL) among the scrutinized tokens. This move follows recent court rulings and indicates a broader reevaluation of cryptocurrency regulation.
OKX's Venture Arm and Aptos Foundation Announce $10M Fund to Boost Aptos Ecosystem
OKX Ventures and the Aptos Foundation have launched a $10 million fund called Ankaa to support projects on the Aptos blockchain. The fund will focus on decentralized finance, real-world assets, gaming, social, and AI projects. It will be jointly managed by Aptos, OKX Ventures, and Alcove, Aptos' accelerator. The partnership aims to develop new financial products.
MicroStrategy Plans to Raise $2B to Buy More Bitcoin
MicroStrategy is intensifying its focus on cryptocurrency. The company filed with the SEC to raise $2 billion through the sale of class A shares, intending to use the funds for general corporate purposes, including acquiring more Bitcoin. The filing doesn't specify when the share sale will occur or how much will be allocated to Bitcoin purchases but confirms the company's commitment to increasing its Bitcoin holdings.
The weekly DeFi recap highlights important regulatory changes, the establishment of new funds to support blockchain projects, and major financial plans by companies, reflecting the ongoing development of the industry.
