SEC诉讼
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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
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
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
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
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
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
🔥 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
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
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
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:
ARK 21Shares Bitcoin Spot ETF saw a net inflow of $34.5 million yesterday
Farside Investors monitored that on February 23, the ARK 21Shares Bitcoin Spot ETF (ARKB) had a net inflow of $34.5 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
📉 SEC Postpones Ethereum $ETH ETF Decision: Market Impact
📉 SEC delays decision on Grayscale Ethereum Futures Trust's Ethereum ETF application to May 30
🕒 Securities Exchange Act of 1934 gives SEC 180 days to decide on proposed rule changes
🛑 SEC postponed decision to adequately consider the proposed rule change
💼 Bitcoin and Ethereum ETFs track digital asset prices on traditional exchanges
🔮 Futures ETF focuses on future price, while spot ETF tracks current price
📅 SEC delayed spot Ethereum ETF decisions in January and February
💬 Some view SEC's delay as positive, allowing more time for Bitcoin ETF adoption
💰 Bitwise CIO suggests spot Ethereum ETFs would benefit from launching later
💼 SEC's postponement adds negative pressure on Ethereum price, down 10.4% for the week #Ethereum✅ #ETFs✅ #MK_Crypto #SEC诉讼
📉 SEC delays decision on Grayscale Ethereum Futures Trust's Ethereum ETF application to May 30
🕒 Securities Exchange Act of 1934 gives SEC 180 days to decide on proposed rule changes
🛑 SEC postponed decision to adequately consider the proposed rule change
💼 Bitcoin and Ethereum ETFs track digital asset prices on traditional exchanges
🔮 Futures ETF focuses on future price, while spot ETF tracks current price
📅 SEC delayed spot Ethereum ETF decisions in January and February
💬 Some view SEC's delay as positive, allowing more time for Bitcoin ETF adoption
💰 Bitwise CIO suggests spot Ethereum ETFs would benefit from launching later
💼 SEC's postponement adds negative pressure on Ethereum price, down 10.4% for the week #Ethereum✅ #ETFs✅ #MK_Crypto #SEC诉讼
Bitwise BITB held over 23,000 BTC as of February 23, an increase of 234.45 BTC from the previous day
According to official data from Bitwise, as of February 23 local time, its Bitcoin spot ETF (BITB) held a total of 23,117.54 Bitcoins, an increase of 234.45 from the previous day; its position value reached 1,180,347,176.81 US dollars. The current circulation of BITB shares is 42,400,000.
#SEC诉讼
#SEC诉讼
A new proposal from the Aave community suggests increasing the GHO minting limit to 40 million coins
ChaosLabs has launched a new proposal in the Aave community, suggesting to increase the coin minting limit of GHO to 40 million, with the ultimate goal of gradually increasing the coin minting limit to 50 million over the next few weeks based on the restrictions of risk management personnel, by increasing the borrowing limit by 5 million every five days.
#SEC诉讼
#SEC诉讼
Bank of America: U.S. debt increases by $1 trillion every 100 days, which is good for assets such as
Bank of America strategists have stated that the US government's debt increases by $1 trillion every 100 days, which helps explain why assets such as gold and Bitcoin are approaching historical highs. Strategists led by Michael Hartnett stated in a report on Friday that the pace of debt expansion is also accelerating. They estimate that it will only take 95 days for the debt to rise from $34 trillion to $35 trillion. Bank of America said that the consequence for the market is that trading related to "bond depreciation" has proven attractive as gold and Bitcoin have recently risen. The report stated that the reasons for the debt increase include economic stimulus used to combat the pandemic and economic recession, as well as funding for overseas wars, with the budget deficit over the past four years equivalent to 9.3% of GDP.
Pacific Investment Management Company (PIMCO) warned in a report this week that there is a risk of fiscal recklessness causing the US bond market to return to the situation of the 1980s. Pimco warned that "the deficit is likely to continue to increase".
#SEC诉讼
Pacific Investment Management Company (PIMCO) warned in a report this week that there is a risk of fiscal recklessness causing the US bond market to return to the situation of the 1980s. Pimco warned that "the deficit is likely to continue to increase".
#SEC诉讼
A certain whale cleared 1.38 million FETs 9 hours ago and made a profit of US$2.27 million.
The whale who built a position in FET 11 months ago has sold all holdings 9 hours ago, with a profit of $2.27 million and a return rate of 392%, as monitored by @ai_9684xtpa.The address transferred 1.38 million tokens from Binance at an average price of $0.41 on April 18, 2023, and gradually deposited them into CEX between February 20 and March 7, 2024, with an average withdrawal price of $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
