Author: CryptoPress

SK Hynix has allocated 19.1 trillion won toward the development and expansion of its M17 semiconductor manufacturing facility. The multi-trillion-won capital expenditure highlights the South Korean memory chip giant’s ongoing efforts to scale up advanced hardware production. The latest infrastructural push aims to secure domestic supply chain resilience amid surging global demand for cutting-edge semiconductor components. South Korean...

Kathleen Allman, mother of late Ondo founder Nathan Allman, has initiated a legal battle to secure control of the firm. The complaint aims to oust current CEO Ian De Bode from his leadership position at the prominent tokenized real-world asset project. The unfolding leadership dispute introduces high-stakes governance uncertainties for Ondo Finance and its stakeholders. A high-stakes legal battle has emerged over the leadership of Ondo, as...

The U.S. Securities and Exchange Commission has escalated discussions regarding the regulatory status of major digital assets like Ethereum and Ripple. Market participants and legal experts are closely monitoring potential shifts in enforcement policies that could impact spot exchange-traded products. Industry leaders emphasize the need for clear legislative frameworks rather than regulation by enforcement. Regulatory pressure on the...