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Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol


Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against...

TRON DAO at DC Blockchain Summit


PRESS RELEASE. Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal event gathered the most influential figures...

Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million


Hong Kong police have arrested 100 individuals in a significant crackdown on fraud and money-laundering syndicates, recovering over HK$180 million (US$24.2 million) from 295 victims. The post Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million appeared first on Cryptonews

Ripple CLO Lambasts Gary Gensler Amid SEC Legal Battle


On May 22, Stuart Alderoty, Ripple’s Chief Legal Officer, unleashed a scathing rebuke on Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), for his mishandling of crypto asset regulation. Ripple CLO Tags Gensler as “Struggling Political Liability” Alderoty’s...

US Spot Bitcoin ETFs See $305M in Inflows; Blackrock’s IBIT Dominates


U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all the ETFs. Tuesday Sees $305M in Inflows Into U.S....

Biden Administration Announces Opposition To FIT21


President Joe Biden’s administration will oppose the passage of Financial Innovation and Technology for the 21st Century Act (FIT21), a Wednesday statement from the White House claims.  The White House's announcement comes the same day of the bill's vote in the House of Representatives. The post...

Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame


Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over...

Enjin Blockchain keeps its pledge by introducing Quick Wallet


Enjin Blockchain has lived up to its pledge to positively impact Web3 by delivering its landmark feature, Quick Wallet.  The Quick Wallets allow users to obtain a deserving Enjin beam without installing the Enjin wallet. It comes at no cost whatsoever.  Inside the Enjin ecosystem, Quick Wallet...

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