The application of SEC rule to the Flyfish Club NFT case was “harmful both in the present case and as future precedent,” the commissioners wrote….
Continue reading on https://decrypt.co/249844/hester-peirce-slams-sec-for-misguided-and-overreaching-cases-in-flyfish-club-nft-dissent
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Another assassination attempt on Donald Trump took place Sunday, but related meme coins didn’t see a bump afterwards….
Continue reading on https://decrypt.co/249641/trump-meme-coins-fall-after-second-assassination-attempt
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Crypto security firm Cyvers reported “multiple suspicious transactions” on the DeFi protocol, draining millions from its liquidity pools….
Continue reading on https://decrypt.co/249584/defi-protocol-deltaprime-suffers-5-9-million-loss-in-private-key-exploit
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Pluto Studio is facing backlash after changing the Catizen airdrop criteria, with a smaller initial allocation than previously teased….
Continue reading on https://decrypt.co/249569/catizen-players-angry-surprise-changes-telegram-game-airdrop
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Kraken accused the SEC of blocking efforts to register or cooperate, saying they were “stonewalled” by inconsistent rulings and guidance….
Continue reading on https://decrypt.co/249313/kraken-pushes-for-jury-trial-in-sec-lawsuit-rails-against-crypto-asset-securities-claims
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Unlike OpenSea, Magic Eden CEO Jack Lu says his firm hasn’t received a Wells notice signaling impending legal action….
Continue reading on https://decrypt.co/249195/magic-eden-ceo-welcomes-regulatory-clarity-sec-threat-nft-opensea
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Crypto rises with stocks after CPI falls again. Bitfinex BTC longs continue to grow. SUI again leads L1s, up 18%. FTX estate unstakes $24m SOL, still has $943m. Binance introduces SOL liquid staking. SWIFT introduces infrastructure for RWA transfers. Pendle launches Bitcoin yield pools. UK makes crypto legal property. India leads crypto adoption for second year. Vitalik won’t advertise L2s with multi-sig security. Based rollups seen as alternative future for ETH. Blockchain music start up raises $50m. Ford & Toyota file blockchain patents….
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“The SEC appears to be unlawfully considering an applicant’s political ideology when hiring bureaucrats,” the lawmakers wrote….
Continue reading on https://decrypt.co/249095/gary-gensler-under-fire-for-alleged-political-favoritism-in-sec-appointments
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The SEC announced that eToro has settled securities charges, and will pay a penalty alongside curtailing offered crypto assets in the U.S….
Continue reading on https://decrypt.co/249074/etoro-only-offer-bitcoin-ethereum-bitcoin-cash-us-settling-sec-charges
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BTC ETFs: +$29m, ETH ETFs: -$5m. BTC rallies, ETF has first inflow in 9 trading days. BTC may have put in first higher low in 6 months. Saylor predicts $13m price for BTC. Wealth advisors quickly adopting BTC: BitWise CEO. Binance among few firms to get Indonesia license. Spot trading on CEXs up 30% in August. SEC made $4.68bn from crypto firms in 2023. $5.6bn lost to scams in 2023. XRP security status may be unchallenged in appeal. EtherFi announces credit card on Scroll. Base has more DEX users than other L2s combined. Tether & Tron create taskforce against crime. TIA still only making $585 in daily fees. WLD investigated by Singapore police….
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