**SEC Ends Investigation into Stacks, Boosting Prices**
Stacks (STX) surged nearly 9% after the SEC dropped its investigation into Hiro Systems, marking a positive turn for the crypto industry. This news comes as a relief to the Stacks community and investors, as regulatory scrutiny can often lead to uncertainty and price volatility in the market. The decision by the SEC to close the investigation indicates that Stacks and Hiro Systems were able to address any concerns raised by the regulatory body, providing a vote of confidence in their operations and compliance with the relevant laws and regulations.
Standard Chartered, Animoca Brands Join Hong Kong's Stablecoin Sandbox
The Hong Kong Monetary Authority (HKMA) has announced participants, including Standard Chartered and Animoca Brands, for its stablecoin issuer sandbox
BlockFi To Begin Temporary Crypto Distributions On Coinbase In July
Bankrupt crypto lender BlockFi will begin its first temporary distribution of crypto assets through Coinbase in July, but non-U.S. clients are current
Mt. Gox Creditors Face Multiple Brute-Force Login Attempts
Mt. Gox creditors are reporting numerous unauthorized login attempts on their accounts, with the claims website currently down for maintenance.
Polygon (MATIC) Set For Major Upgrade And Migration To POL Token On September 4
Polygon (MATIC) is undergoing significant upgrades, including a token transition to POL by September 2024, as part of its 2.0 roadmap to enhance its Z
Indian Crypto Exchange WazirX Hit By $230M Hack
WazirX, a major Indian crypto exchange, suffered a security breach where over $230 million in crypto assets were unauthorizedly transferred from its m