SEC诉讼
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Decentralized query engine Subsquid plans to bring user data into Google BigQuery
Google announced plans to incorporate user data from the decentralized data lake and query engine Subsquid into Google BigQuery, leveraging its powerful data analysis tools.It is reported that the Subsquid team is committed to solving the challenges faced by Web3 builders when using blockchain data. They have created a decentralized solution that ingests, standardizes, and structures data from multiple blockchains, making it easier to access. The solution is considered the largest decentralized data lake for Web3, supporting data from over 100 Ethereum Virtual Machines (EVM) and non-EVM chains.
#SEC诉讼
#SEC诉讼
The Aave community launches a temperature check proposal for "launching rsETH on the Aave V3 Ethereu
According to the Snapshot governance page, the Aave community initiated a "temperature check proposal for launching rsETH on Aave V3 Ethereum network."
The proposal states that Kelp DAO is seeking community support to add its Liquid Restaking Token, rsETH, to Aave V3 on Ethereum. In addition, users who deposit rsETH into Aave will accumulate additional Kelp miles and EigenLayer points.
#SEC诉讼
The proposal states that Kelp DAO is seeking community support to add its Liquid Restaking Token, rsETH, to Aave V3 on Ethereum. In addition, users who deposit rsETH into Aave will accumulate additional Kelp miles and EigenLayer points.
#SEC诉讼
Mocaverse announces the launch of PIXEL airdrop, with the first batch totaling 500,000 pieces
According to official sources, Animoca Brands' Web3 project Mocaverse has announced that due to its partner network Pixels successfully launching on Binance, the project will distribute up to 500,000 PIXEL tokens to a maximum of 5,000 Moca NFT and Moca ID holders through an airdrop (conditions include: holding Moca ID, RP as weight, completing at least 1 Pixels task and receiving task RP, and up to 2 victories). It is reported that this is the first batch of distribution, and more activities may follow. Mocaverse also stated that PIXEL is subject to lock-up period arrangements, and in the case of transfer or sale, the claim rights of the token will be transferred with your NFT. It also reminds to stay vigilant and beware of fraudulent links. Make sure you are connected to the official link and always interact with the official team.
#SEC诉讼
#SEC诉讼
Grayscale transferred approximately 3,443 BTC to the Coinbase Prime address, approximately US$175 mi
Arkham data showed that Grayscale transferred 3,443.123 BTC to the Coinbase Prime address at 22:12 Beijing time today, worth approximately $175 million.
#SEC诉讼
#SEC诉讼
SEC Chair Refuses to Comment on Ethereum's Status as a Security Amid Multiple ETF Applications
The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, declined to comment on whether Ethereum is considered a security by the regulator, despite multiple applications for spot Ethereum ETFs being considered. Gensler stated that the decision on whether a cryptocurrency is a security depends on the facts and circumstances of each case. The SEC has delayed its decision on approving the iShares Ethereum Trust from BlackRock, as well as applications from Fidelity, Invesco, and Galaxy Digital. Bloomberg ETF analyst James Seyffart predicted that the SEC will continue to delay a decision on Ethereum ETF applications until May 23.
#SEC诉讼
#SEC诉讼
Layer 1 network Initia completed US$7.5 million in financing, led by Delphi Ventures and others
Layer 1 blockchain Initia completed a $7.5 million financing round, led by Delphi Ventures and Hack VC, with participation from Nascent, Figment Capital, Big Brain, and A.Capital. Angel investors include anonymous crypto trader Cobie, DCF God, Split Capital co-founder Zaheer Ebtikar, Fiskantes, WSB Mod, and Celestia COO. Initia is currently operating on a closed testnet. Some projects have already built DeFi applications on the testnet and plan to go live once the incentive testnet launches in early April. Once any issues are resolved, the project will launch its mainnet, with a preliminary plan to launch in the second quarter. As previously reported by BlockBeats, on October 12, 2023, the developers of Layer 1 network Initia announced today that they have received pre-seed investment from Binance Labs, with specific financing amounts and more details yet to be disclosed.
#SEC诉讼
#SEC诉讼
What's going on? 😳
#BlackRockCrypto #SEC诉讼
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market.
#BTC.😉. #BTC/USDT:
#BlackRockCrypto #SEC诉讼
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market.
#BTC.😉. #BTC/USDT:
If the SEC rejects the Ethereum Spot ETF, will they be sued like they were when they rejected the Bitcoin Spot ETF?
The Chief Legal Officer of Coinbase, Paul Grewal, has confirmed: YES.
#ETHETFNews
#SEC诉讼
The Chief Legal Officer of Coinbase, Paul Grewal, has confirmed: YES.
#ETHETFNews
#SEC诉讼
Institutional crypto wallet provider Utila completed $11.5 million in financing, led by NFX and othe
Institutional cryptocurrency wallet provider Utila announced the completion of a $11.5 million financing round, led by NFX, Wing Venture Capital, and Framework Ventures, with participation from Fasanara Digital Ventures, North Island Ventures, Republic Capital, Liquid2, Inspired Capital, Lyrik Ventures, DCG Expeditions, Launchpad Capital, Shima Capita, K5 Global, Big Brain Holdings and Impressive, as well as angel investors Balaji Shrinivasan.
#SEC诉讼
#SEC诉讼
🔥 U.S. Senators Jack Reed and Laphonza Butler have sent a recommendation letter to the SEC, urging them not to approve any further crypto ETF funds and to conduct investigations into companies promoting Bitcoin ETF funds.
😆 The anti-Bitcoin crowd and haters are crying even louder as they witness Bitcoin's continuous price surges.
Nothing compares to savoring a cup of coffee ☕️ brewed with the sweet drops of their tears 💧. #BTC🔥🔥🔥🔥 #SEC诉讼 #HotTrends #Write2Earn
😆 The anti-Bitcoin crowd and haters are crying even louder as they witness Bitcoin's continuous price surges.
Nothing compares to savoring a cup of coffee ☕️ brewed with the sweet drops of their tears 💧. #BTC🔥🔥🔥🔥 #SEC诉讼 #HotTrends #Write2Earn
HSBC and Bank of East Asia leverage digital green bonds for DLT buybacks
Earlier this month, the Hong Kong Monetary Authority (HKMA) issued the largest digital bond to date, consisting of four currency green bonds worth approximately $756 million. Now, HSBC and East Asia Bank are using the bond as collateral for repurchase transactions. During the issuance process, Hong Kong's Central Clearing and Settlement System (CMU) served as the Central Securities Depository (CSD) and integrated with HSBC's Orion blockchain solution. As a result, the repurchase transactions also used the same blockchain.
#SEC诉讼
#SEC诉讼
Grayscale: Bitcoin may hit new all-time highs later this year
Gray released the February market report, which pointed out that Bitcoin's price rose by about 45% in February, breaking through $60,000 for the first time since the fourth quarter of 2021. This phenomenon reflects the large influx of funds into US ETFs and expectations for Bitcoin halving in April.
In addition, from the previous crypto cycle, it can be seen that macro factors such as the Federal Reserve's monetary policy and economic conditions may seriously affect the valuation of crypto assets. If the macro market outlook remains optimistic, it may lead to further price increases of cryptocurrencies this year. Currently, Bitcoin's price is only 9% lower than its historical high, so it may set a new historical high later this year.
#SEC诉讼
In addition, from the previous crypto cycle, it can be seen that macro factors such as the Federal Reserve's monetary policy and economic conditions may seriously affect the valuation of crypto assets. If the macro market outlook remains optimistic, it may lead to further price increases of cryptocurrencies this year. Currently, Bitcoin's price is only 9% lower than its historical high, so it may set a new historical high later this year.
#SEC诉讼
Republican congressman calls government agency's investigation of Bitcoin miners an 'abuse of power'
Republican Congressman Tom Emmer from Minnesota stated that allowing an independent agency to begin collecting energy usage information from Bitcoin miners is an abuse of emergency powers by the Office of Management and Budget. Emmer's letter was sent out as the Texas Blockchain Committee and Bitcoin mining company Riot Platforms, Inc. sued the US Department of Energy and declared bankruptcy this week.
#SEC诉讼
#SEC诉讼
IBC Infrastructure Polymer Labs Launches Polyverse Testnet
IBC infrastructure Polymer Labs announced the launch of the Polyverse testnet, which will reward developers, infrastructure operators, and builders for their contributions in enhancing Ethereum scalability through Layer 2 solutions, expanding cross-chain applications, and promoting IBC in the Cosmos ecosystem.
The Polyverse testnet is divided into three stages. The first stage, Basecamp (already online, lasting until April), allows the development of dApps using Polymer, aiming to promote the development of innovative dApps and seamless interoperability, as well as enhancing developer tools within the ecosystem.
The second stage is planned to be released this month, during which Polymer will select a subset of dApps developed in the first stage and provide additional incentives for end-users to join the testnet.
The main focus of the third stage of Polyverse is to develop additional tools to support relayer operations and solicit feedback on relayer incentive plans.
As previously reported by BlockBeats, on January 23rd, Polymer Labs completed a $23 million Series A funding round, led by Blockchain Capital, Maven 11, and Distributed Global, with participation from Coinbase Ventures, Placeholder, Digital Money Group, North Island Ventures, and Figment Capital, among others.
#SEC诉讼
The Polyverse testnet is divided into three stages. The first stage, Basecamp (already online, lasting until April), allows the development of dApps using Polymer, aiming to promote the development of innovative dApps and seamless interoperability, as well as enhancing developer tools within the ecosystem.
The second stage is planned to be released this month, during which Polymer will select a subset of dApps developed in the first stage and provide additional incentives for end-users to join the testnet.
The main focus of the third stage of Polyverse is to develop additional tools to support relayer operations and solicit feedback on relayer incentive plans.
As previously reported by BlockBeats, on January 23rd, Polymer Labs completed a $23 million Series A funding round, led by Blockchain Capital, Maven 11, and Distributed Global, with participation from Coinbase Ventures, Placeholder, Digital Money Group, North Island Ventures, and Figment Capital, among others.
#SEC诉讼
A large-scale transfer transaction of over 30 trillion SHIB occurred on the Ethereum chain, worth ne
Whale Alert monitored that around 7:47 on March 2nd Beijing time, an address starting with "0x73af" transferred 3,023,255,579,400 SHIB tokens to an address starting with "0x40b3" on the Ethereum chain, worth approximately $BTC #SEC诉讼
#TrendingTopic Binance US Cuts 200 Jobs Amid SEC Lawsuit Fallout
Binance US has reportedly doubled its job cuts to 200 in the wake of an SEC lawsuit, a move described by COO Christopher Blodgett as a reaction to a "near-mortal blow"
Prior reporting
Binance’s legal woes
During a December deposition, Binance US COO Christopher Blodgett described the impacts of the ongoing SEC lawsuit on the company's operations as a "near-mortal blow."
The firm has laid off more than 200 employees since June, doubling the previously reported figure.
Blodgett articulated the strain in three key areas: people, trust, and economics.
He also highlighted the significant severance and termination-related costs attached to this unfortunate outcome.
Prior reporting
In September, Reuters reported the departure of Binance US CEO Brian Shroder and an initial round of layoffs affecting 100 employees, signaling operational challenges intensified by regulatory scrutiny.
The interim CEO, Norman Reed, indicated that the restructuring provided a substantial financial runway for the company.
Binance and its US affiliate have been staunch in their stance that they operate independently, despite #SEC诉讼 allegations of a "web of deception" aimed at circumventing securities laws.
Binance’s legal woes
Binance has been active on the legal front, challenging the SEC's #lawsuit and claiming the regulator has not met the legal requirements for their case.
Specifically, Binance asserts that the SEC's use of the “Howey Test” does not apply to their conduct. It has repeatedly emphasized that their customers' engagement does not constitute an "investment contract."
This pushback forms part of a broader argument against what Binance perceives as regulatory overreach, with Reed, as interim #CEO, previously accusing the SEC of hindering the growth of innovative financial technologies in a misguided attempt to regulate digital assets.#BTC
Binance US has reportedly doubled its job cuts to 200 in the wake of an SEC lawsuit, a move described by COO Christopher Blodgett as a reaction to a "near-mortal blow"
Prior reporting
Binance’s legal woes
During a December deposition, Binance US COO Christopher Blodgett described the impacts of the ongoing SEC lawsuit on the company's operations as a "near-mortal blow."
The firm has laid off more than 200 employees since June, doubling the previously reported figure.
Blodgett articulated the strain in three key areas: people, trust, and economics.
He also highlighted the significant severance and termination-related costs attached to this unfortunate outcome.
Prior reporting
In September, Reuters reported the departure of Binance US CEO Brian Shroder and an initial round of layoffs affecting 100 employees, signaling operational challenges intensified by regulatory scrutiny.
The interim CEO, Norman Reed, indicated that the restructuring provided a substantial financial runway for the company.
Binance and its US affiliate have been staunch in their stance that they operate independently, despite #SEC诉讼 allegations of a "web of deception" aimed at circumventing securities laws.
Binance’s legal woes
Binance has been active on the legal front, challenging the SEC's #lawsuit and claiming the regulator has not met the legal requirements for their case.
Specifically, Binance asserts that the SEC's use of the “Howey Test” does not apply to their conduct. It has repeatedly emphasized that their customers' engagement does not constitute an "investment contract."
This pushback forms part of a broader argument against what Binance perceives as regulatory overreach, with Reed, as interim #CEO, previously accusing the SEC of hindering the growth of innovative financial technologies in a misguided attempt to regulate digital assets.#BTC
Magic Eden will be launched on the Ethereum market today
The NFT market Magic Eden will add a new Ethereum market today, which is jointly launched by Magic Eden and Yuga Labs. Yuga Labs stated that it will stop supporting markets that do not support all creator royalties. "Royalties are the lifeblood of keeping creators building interesting and innovative things in this space." As previously reported by BlockBeats, Yuga Labs announced in November 2023 that it is partnering with Magic Eden to launch a new Magic Eden ETH market, which is the first Ethereum NFT trading market that is contractually obligated to fulfill creator royalties.
#SEC诉讼
#SEC诉讼
BitMEX Research: GBTC outflows reached US$492 million on March 1
According to BitMEX Research data monitoring, apart from Invesco, the net outflow of Bitcoin spot ETF on March 1 was $139.5 million, and the reason was that the outflow of GBTC funds reached as high as $492 million.
#SEC诉讼
#SEC诉讼
The floor price of MetaCene equity asset Apostle NFT has risen to 1.88 ETH
The floor price of Apostle NFT, the equity asset of the large Meta-MMO platform MetaCene, has risen to 1.88E. Currently, MetaCene is partnering with OKX to conduct the Cryptopedia event, with a participation of 1.8 million. It is reported that MetaCene will officially start Alpha3 testing in late March, and the official will provide $1 million equivalent assets as rewards for participating in the testing. Apostle NFT holders will be eligible for the testing.
#SEC诉讼
#SEC诉讼
