SEC Moves First DeFi Unregistered Securities Lawsuit
The United States Securities and Exchange Commission sued the organization responsible for the development of a decentralized finance protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported
S&P 500 closes at record high as Apple, healthcare stocks help shrug off Delta worries
Translate Bio surges on sale to $Sanofi$ in $3.2-bln deal. Focus on services sector data, jobs report this week. NEW YORK, Aug 3 - The S&P 500 index closed at record high on Tuesday on gains in Apple and healthcare stocks, despite concerns over a surge in the Delta variant of the coronavirus taking some shine off an upbeat corporate earnings season.Ten of the 11 S&P indexes traded higher, with energy stocks rebounding after getting hit by a dip in oil prices.“Even though the pandemic is still w