Blockchain

Wormhole Unveils W 2.0 Tokenomics With Yield and Bi-Weekly Unlocks

Wormhole Unveils W 2.0 Tokenomics With Yield and Bi-Weekly Unlocks

LimeWire Revives Fyre Festival with Crypto-Powered Vision

LimeWire Revives Fyre Festival with Crypto-Powered Vision

American Express Launches NFT Passport Stamps for Travelers

American Express Launches NFT Passport Stamps for Travelers

Ethereum Foundation Starts a Team to Power Future of AI on Blockchain

Ethereum Foundation Starts a Team to Power Future of AI on Blockchain

Coinbase Explores Base Network Token at BaseCamp 2025

Coinbase Explores Base Network Token at BaseCamp 2025

BitMine Amasses $10.8B, Becomes Biggest Ethereum Holder

BitMine Amasses $10.8B, Becomes Biggest Ethereum Holder

LSEG Executes First Blockchain-Based Fundraising

LSEG Executes First Blockchain-Based Fundraising

Nemo Protocol Launches NEOM Debt Tokens for $2.6M Hack Victims

Nemo Protocol Launches NEOM Debt Tokens for $2.6M Hack Victims

Binance to Halt MANTRA Network Support, OM Price Drops 7%

Binance to Halt MANTRA Network Support, OM Price Drops 7%

sei development foundation bring jamie finn onboard to boost rwa adoption

Sei Development Foundation Onboards Jamie Finn to Drive RWA Growth

WisdomTree Rolls Out Tokenized Private Credit Fund on Ethereum, Stellar

WisdomTree Rolls Out Tokenized Private Credit Fund on Ethereum, Stellar

Coinbase Urges Court to Act on SEC’s Lost Gensler Texts Author: Pari Shukla Date: 12/9/2025 Market News Subtitle: The exchange said SEC's failure to search texts broke court orders for all docs, possibly leading to sanctions. Content: The U.S.-based cryptocurrency exchange Coinbase has accused the U.S. Securities and Exchange Commission (SEC) of destroying nearly a year’s worth of text messages from former Chair Gary Gensler. The exchange has also urged a federal court in Washington to impose sanctions on the regulator. Coinbase claimed that the lost messages have hindered its ability to examine the SEC’s aggressive cryptocurrency policies under Gensler’s leadership. The accusation surfaced in a Thursday filing supporting litigation by History Associates, a research group seeking Gensler’s communications via the Freedom of Information Act. History Associates’ lawyers have argued the SEC failed to provide relevant records and allowed texts to be erased due to a device policy that automatically deleted messages if a phone was offline for over 45 days. Coinbase Chief Legal Officer stated on X post that, “The SEC OIG report last week revealed texts from October 2022-September 2023 were destroyed.” During his SEC Chairmanship from 2021 to early 2025, Gensler led about 100 cases against crypto firms to protect people from fraud, focusing on exchanges and big players rather than just new tokens. Even the SEC had tightened crypto rules under him. That was a tough time for the crypto industry, with situations such as Ethereum’s shift to proof of stake, FTX’s collapse, and multiple SEC enforcement actions against exchanges. The exchange also noted potential record losses of other senior officials, raising concerns about the SEC’s recordkeeping practices. Coinbase seeks court sanctions Coinbase has contended that the SEC’s failure to search text messages violated court orders mandating the production of all relevant documents, potentially warranting sanctions. The company has long criticized the SEC for regulating through enforcement rather than clear rules, and this dispute highlights ongoing tensions. Legal experts note that courts view evidence destruction seriously, especially post-request, with sanctions ranging from additional searches to limiting court arguments. However, intent matters, and judges assess whether the loss was deliberate. Coinbase is pushing for accountability, arguing the SEC should not benefit from the loss of key communications. The court is expected to rule on the next steps in the coming weeks. Also Read: SEC’s Crypto Task Force Meets with SIFMA to Discuss Regulations Meta Description: Coinbase asks the court to sanction the SEC for deleting ex-Chair Gensler's texts from Oct '22-Sep '23, hindering crypto policy review. Ruling expected soon.

UK Trade Groups Want Blockchain Focus in UK-US Tech Bridge

Ethereum Sees Rare Mass Slashing Incident on 39 Validators

Ethereum Sees Rare Mass Slashing Incident on 39 Validators

Blockchain Lender Figure Raises $787.5 Million in IPO

Blockchain Lender Figure Raises $787.5 Million in IPO

Mantle Hits New All-Time High of $1.62 After Bybit Listing

Mantle Hits New All-Time High of $1.62 After Bybit Listing

Nemo Protocol $2.6M Hack Caused by Unaudited Code Deployment

Nemo Protocol $2.6M Hack Caused by Unaudited Code Deployment

BitMine Adds $201 Million in ETH to Treasury via BitGo Wallet

BitMine Adds $201 Million in ETH to Treasury via BitGo Wallet

BubbleMaps Flags $170M MYX Airdrop Exploit Via Sybil Attack

BubbleMaps Flags $170M MYX Airdrop Exploit Via Sybil Attack

Fidelity Launches FDIT, Backed by Ondo Finance’s OUSG Fund

Fidelity Launches FDIT, Backed by Ondo Finance’s OUSG Fund

Paxos Publishes Updated Proposal to Win USDH Stablecoin Bid

Paxos Publishes Updated Proposal to Win USDH Stablecoin Bid

Plasma Hires Senior Staffs After $373M Raise Ahead of Mainnet

Plasma Hires Senior Staffs After $373M Raise Ahead of Mainnet

HSBC, BNP Paribas Join Canton for RWA Tokenization

HSBC, BNP Paribas Join Canton for RWA Tokenization

Ledger CTO Warns Users Amid Massive NPM Supply Chain Attack

Ledger CTO Warns Users Amid Massive NPM Supply Chain Attack

USDD Stablecoin Officially Launches on Ethereum Blockchain

USDD Stablecoin Officially Launches on Ethereum Blockchain

Nemo Protocol on Sui Blockchain Loses $2.4M in Oracle Exploit

Nemo Protocol on Sui Blockchain Loses $2.4M in Oracle Exploit

Midnight-and-Webisoft

Midnight and Webisoft to Build Privacy-Focused Dark Pool DEX

Sora Ventures Plans $1B BTC Buy via Asia’s First Treasury Fund

Sora Ventures Plans $1B BTC Buy via Asia’s First Treasury Fund

Stripe’s Tempo Blockchain Onboards Visa, Deutsche Bank as Partners

Stripe’s Tempo Blockchain Onboards Visa, Deutsche Bank as Partners

ARPA and Bella Start University Program for AI and Blockchain

ARPA and Bella Start University Program for AI and Blockchain

Tokenized Pokémon TCG Volume Goes Parabolic on Marketplaces

Tokenized Pokémon TCG Volume Goes Parabolic on Marketplaces