Solana Company (HSDT) said it plans to build a high-speed infrastructure network across the Asia-Pacific region to support the growth of the Solana blockchain and diversify its revenue streams. The initiative, called the “Pacific Backbone,” will connect Seoul, Tokyo, Singapore and Hong Kong with a low-latency cluster designed to support staking, validation and trading services […]
Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to the exchange’s collapse, the SEC said in a litigation notice on Friday. As former CEO Sam Bankman-Fried continues his federal prison sentence on his […]
XRP’s slow push into institutional finance just picked up another backer. Data-focused blockchain firm Flare announced on Friday that Everything Blockchain Inc. (OTC: EBZT), a U.S.-listed company, has signed a memorandum of understanding to adopt its XRP finance (XRPFi) framework for corporate treasury yield. The move comes months after Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR) […]