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🚨BREAKING: KuCoin and two of its founders were charged with violating anti-money laundering laws by U.S. federal prosecutors.

🚨BREAKING:

KuCoin and two of its founders were charged with violating anti-money laundering laws by U.S. federal prosecutors.

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On April 10, 2024, the SEC notified Uniswap Labs, the developer behind the popular decentralized exchange (DEX) Uniswap, of its intent to pursue enforcement action against the company. This notification, known as a Wells notice, is a formal step the SEC takes before recommending a lawsuit. The exact reason for the SEC's action is unclear, but it likely relates to the ongoing debate about how securities laws apply to DeFi platforms like Uniswap. Uniswap Labs argues that the protocol is decentralized and operates autonomously, making it not subject to SEC regulation. The SEC, however, has expressed concerns that DeFi platforms may not be as decentralized as they claim and could be acting as unregistered securities exchanges. This development is a significant one for the DeFi industry, as it represents the SEC's most aggressive move yet against a major DeFi protocol. It remains to be seen how the situation will unfold, but it could have a major impact on the future of DeFi regulation in the United States. #lawsuit #USA
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The latest US CPI data was released on April 10, 2024 for March 2024. Here's a quick summary: Year-over-year (YoY) Increase: 3.5%, higher than expectations (3.4%) and February's reading (3.2%). This is the highest inflation rate since September 2023. Monthly Increase: 0.4% What does it mean? The Federal Reserve aims to keep inflation under control. Since interest rate cuts can contribute to inflation, the higher inflation goes, the less likely the Fed is to cut rates in order to prevent inflation from rising further. #cpi #bitcoinhalving
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📣A quick overview of $SAGA Price: $6.37 USD. Trading: Live on Binance since April 9th with trading pairs for BTC, USDT, BNB, FDUSD, and TRY. Market Cap: $572.95 million USD (according to Binance) 24-hour change: +15996% 🔥 #BinanceLaunchpool #SAGALAUNCHPOOL
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$SAGA Listed on Binance and currently trading above $5 🔥 #BinanceLaunchpool
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$1INCH Network, a decentralized exchange (DEX) aggregator, has launched a debit card that lets you spend your crypto like cash. They've teamed up with Mastercard and Baanx, a company known for crypto card technology, to make this happen. This new card, called the 1inch Card, lets you shop online and in stores using your crypto. You can even withdraw cash from ATMs that accept the card. It works by automatically converting your crypto to regular money (fiat) whenever you make a purchase.
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