Uniswap Labs no longer under SEC scrutiny as agency halts enforcement actions
Under President Trump, the U.S. Securities and Exchange Commission has stopped investigating several cryptocurrency and decentralized finance firms, including Coinbase, OpenSea, Robinhood, and now Uniswap Labs. Uniswap Labs, the creator of Ethereum’s most traded decentralized exchange, is no longer facing…
SEC drops Uniswap investigation without enforcement action
Key Takeaways The SEC concluded its Uniswap Labs investigation without taking enforcement action. Uniswap Labs successfully argued that its protocol did not qualify as an exchange under current SEC definitions. Share this article The SEC has ended its investigation into…
Indian Crypto Market To Expand Beyond $15 Billion By 2035 Despite High Taxes
India’s trading volume in cryptocurrencies was approximately $1.9 billion in the fourth quarter of 2024. This is close to twice that of the previous quarter. Due to strict taxation, the cryptocurrency market in India has witnessed a growth spurt in…
April 2024 Flashback? Bitcoin Hash Rate Decline Sparks Mining Concerns
A sudden dip in Bitcoin’s hash rate has sparked discussions within the crypto community. Though fluctuations are not uncommon, the scale of this decline draws comparisons to past major disruptions. What does this mean for miners and network stability in…
Stablecoin bill changes aim to ‘Kill Tether’
A forthcoming stablecoin bill markup could reportedly cut offshore access to U.S. Treasury markets, raising concerns about private interests and impartial lawmaking. Tether CEO Paolo Ardoino publicly shared his views on what he described as an apparent plan to “Kill…
Nasdaq files to list and trade Grayscale Polkadot ETF under ticker DOT
Key Takeaways Nasdaq is seeking SEC approval to list and trade a new investment fund tied to Polkadot from Grayscale. DOT’s market cap is $6.6 billion, making it the 26th largest crypto asset. Share this article Nasdaq has submitted Form…
OKX Operator Pleads Guilty To Unlicensed Operations, Agrees To $500M Fine
Aux Cayes FinTech Co. Ltd, the operator behind the cryptocurrency exchange OKX, has pleaded guilty to operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering (AML) laws, agreeing to pay over $500 million in fines and forfeitures. Following…
BTC Plunges to 3-Month Low Beneath $88K, Altcoins Dump by Double Digits (Market Watch)
Bitcoin’s price action took a turn for the worse over the past day as the asset plunged below $88,000 for the first time since mid-November. The altcoins have performed even worse over the same period, with massive double-digit price declines…
Bitcoin ETF outflows soar over 700%, led by Fidelity’s FBTC
U.S. spot Bitcoin ETFs saw a big spike in net outflows on Feb. 24, with most of it coming from Fidelity and BlackRock’s funds as market sentiment turned sour. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded…
Sam Bankman-Fried returns to Twitter after two-year silence, giving HR and corporate management advice
Key Takeaways Bankman-Fried’s unexpected return to X, after a two-year hiatus, focused on layoffs and corporate challenges. He emphasized that terminations are often not the employee’s fault but sometimes necessary for business needs. Share this article Sam Bankman-Fried, the disgraced…
