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Holders Reactivate Dormant Tokens as Price Nears Two-Month Low
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pufETH (PUFETH) - HashKey Global Listing - 14 Oct 2024 PUFETH will be listed on HashKey Global with the trading pair PUFFER/USDT. Listings on new exchanges usually increase a token's liquidity and accessibility, which can attract more traders. This often leads to price increases due to higher demand. Keep an eye on the first few days of trading to see the immediate market reaction.
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SEC charges Cumberland DRW with acting as ‘unregistered dealer’ in crypto transactions The U.S. Securities and Exchange Commission said Cumberland DRW LLC acted as a dealer without being registered when trading $2 billion of cryptocurrencies. The Chicago-based company, which calls itself a "liquidity provider, a risk taker" and a latency-sensitive trading firm," was charged on Thursday for conducting itself as an "unregistered dealer," the SEC said in a statement. "Despite frequent protestations by the industry that sales of crypto assets are all akin to sales of commodities, our complaint alleges that Cumberland, the respective issuers, and objective investors treated the offer and sale of the crypto assets at issue in this case as investments in securities, and Cumberland profited from its dealer activity in these assets without providing investors and the market with the important protections afforded by registration," said Jorge G. Tenreiro, acting chief of the SEC’s Crypto Assets and Cyber Unit, in a statement. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
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