The Crypto Buzz: Daily Digest

SEC Ordered to Pay $1.8M Over DEBT Box Case In a landmark decision, the US District Court has dismissed the SEC’s case against DEBT Box, citing bad faith actions and imposing fines exceeding $1.8 million on the regulatory body.

UK Digital Bank Kroo Bans Crypto Transactions Starting May 30, Kroo will no longer support cryptocurrency transactions, marking a significant policy shift for the UK-based digital bank.

ZKasino’s 72-Hour Fund Return Initiative ZKasino has introduced a “2-Step Bridge Back Process” allowing investors to reclaim their funds within a 72-hour window, aiming to enhance trust and security.

Riot Platforms Acquires Stake in Bitfarms Following a rejected takeover bid, Riot Platforms has purchased a 9.25% stake in Bitfarms, signaling strategic moves within the blockchain industry.

Ethereum Name Service Eyes Layer 2 Migration To combat high gas fees, the Ethereum Name Service has proposed a protocol migration to Layer 2 solutions, potentially setting a new standard for efficiency.

Stay informed with The Crypto Buzz, your daily dose of the crypto world’s pulse.