According to ChainCatcher, OpenSea received a notice from the U.S. SEC Wells last month. Although the regulator had previously taken enforcement actions against NFT projects, the disclosure against OpenSea indicated that the U.S. SEC had begun to review entities that provide trading platforms for NFTs, not just the entities that initially provided these platforms.

Magic Eden has not yet become a target of the SEC, but its CEO Lu acknowledged that the lawsuit against OpenSea could have broad implications for the cryptocurrency space, which has been relatively untouched by regulators compared to exchanges or cryptocurrency issuers. "Regulatory ambiguity is basically inevitable," Lu said. "If this incident can bring more clarity to this space, I welcome it."

According to ChainCatcher, Spanish cryptocurrency trading platform Bit2Me said it has obtained approval from the Argentine National Securities Commission (CNV) to become a virtual asset service provider (VASP).

In March, the CNV opened registration for virtual asset service providers, a requirement for companies in the sector looking to do business in the country. So far, 79 companies have been approved, according to an official list provided by the CNV.

According to previous news, on June 15, 2023, Bit2Me completed a US$15 million financing round, led by Investcorp, with participation from Telefónica Ventures, the investment department of Telefónica, the largest telecommunications company in Spain, Stratminds VC, Cardano and YGG Fund.

ChainCatcher reported that according to the New York Times, SBF, the founder of the crypto trading platform FTX, has formally appealed against his fraud charges, requesting a retrial and accusing the judge who tried his case of being unfairly biased against him.

Last November, a New York jury convicted SBF of seven counts of fraud and conspiracy related to the collapse of his cryptocurrency trading platform in November 2022. In March, U.S. District Judge Lewis Kaplan of the Southern District of New York (SDNY) sentenced SBF to 25 years in prison for the crimes, of which he has already served six months.

According to ChainCatcher, Bloomberg reporters recently revealed through the Freedom of Information Act that since 2022, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), has received multiple threatening emails and voice messages from the United States and internationally. These threats contain violent rhetoric, one of which claims to shoot and chop him up, and another threatening email with the subject "Go to hell" came from Australia.

Some threats may even come from government employees. Although these threats are not explicitly related to Gensler's cryptocurrency regulatory policies, Gensler has long been ridiculed and criticized in the crypto community for his crackdown on the digital asset industry. Many crypto users have publicly expressed their dissatisfaction with him on social media. At the 2024 Bitcoin Conference, Donald Trump promised to fire Gensler as soon as he took office, which won a warm response from the audience.

According to ChainCatcher, the stablecoin protocol Usual has released a roadmap, and the pre-launch phase will end around November 15th in sync with the Pills event. By then, the entire mechanism of Usual will be fully operational and the protocol will enter a mature stage. USUAL is not only a governance token, but also represents ownership of the protocol infrastructure and revenue. 90% of USUAL will be allocated to the community, and only 10% to internal personnel (team, consultants, investors).

It is reported that USUAL's TGE is expected to be launched in mid-November 2024. The airdrop will be rewarded based on the number of Pills held by participants in the pre-launch phase. Pills holders will receive a total of 7.5% of the total supply. Starting from the Token Generation Event (TGE), USUAL holders can stake their tokens as USUALx to unlock future governance rights. Stakers will also receive 10% of all USUAL issued by the protocol in the future.

According to ChainCatcher, BlockBeats cited people familiar with the matter as saying that Grass Network, an AI and data project, has completed a new round of financing, led by Hack VC, with participation from Polychain Capital, Delphi Digital, Lattice and Brevan Howard Digital. The amount of financing has not yet been disclosed, but people familiar with the matter said that the new round of financing has brought Grass's valuation to nearly $1 billion.

According to Web3 asset data platform RootData, Grass completed a $3.5 million seed round of financing in December last year, led by Polychain Capital and Tribe Capital.

Grass aims to redefine the incentive structure of the Internet by allowing users to share unused Internet bandwidth resources. Today, the network has more than 2 million users running nodes, crawling a large amount of data for AI models. Grass's infrastructure also gives the team an advantage in building the first user-owned Internet-scale web crawler. Currently, only two companies in the world (Google and Bing) have the ability to crawl the entire Internet, and this ability is the backbone of their trillion-dollar businesses. Grass's goal is to replace them and build the first user-owned full-Internet knowledge graph.

ChainCatcher reported that according to The Block, the U.S. Securities and Exchange Commission (SEC) has long been pursuing cryptocurrency companies engaged in "crypto asset securities" transactions. However, although the agency now explicitly uses the term "securities", it claims that it does not imply that these tokens are indeed securities.

It is reported that the U.S. SEC stated in the footnote of the proposed revised complaint against the cryptocurrency exchange Binance that when the agency refers to crypto asset securities, it does not refer to the crypto assets themselves, but to the full set of contracts, expectations and understandings for the sale of such assets, and simply uses the term as a "shorthand."