SEC Believes Filecoin Could Be a Security
The SEC staff suggests that the trust’s underlying asset, Filecoin (FIL) cryptocurrency, conforms to the definition of an investment contract under federal law.
USDT Issuer Tether Will Allocate Up to 15% of its Profits into Bitcoin
Tether has announced that it will invest up to 15% of its profits into Bitcoin.
Uniswap Might Deploy DEX on Coinbase’s Layer 2 Blockchain Base
Three influential Uniswap contributors – she256, Michigan Blockchain, and GFX Labs – have launched discussions to explore the potential deployment of Uniswap v3 on Coinbase’s Layer 2 blockchain Base.
Ripple Pays $250M to Purchase Custodian Metaco
Ripple, a San Francisco-based enterprise blockchain and payments specialist, has announced that it has acquired Swiss custody firm Metaco in a $250 million deal.
Coinbase Adds New USDC-related and Staking Services for Singaporean Users
Coinbase Global has broadened the scope of its services in Singapore in response to regulatory restrictions in the US.
Judge Denied SEC’s Motion to Seal Documents Related to Former Division of Corporation Finance Director
A judge in the US District Court for the Southern District of New York yesterday denied the SEC motion to seal documents related to a 2018 speech by former Division of Corporation Finance Director Bill Hinman.
Ethereum Developers Put Forward a MEV Burning Mechanism
Justin Drake, an Ethereum developer, has proposed a technique for softening and redistributing MEV peaks through burning as part of the concept of “separation of proposer and creator of the block” (PBS).
