Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over ethereum, after receiving a Wells notice for its MetaMask wallet product

coindesk.com Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of…

Consensys sues SEC over Ethereum classification, claims regulatory overreach

cryptobriefing.com Consensys, the crypto firm backing projects critical to the Ethereum ecosystem, has filed a lawsuit against the SEC, alleging the federal agency of regulatory overreach. The…

‘ETH Should Not Be Treated as a Security’

news.bitcoin.com In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it…

Consensys takes ‘Ethereum (ETH) is not a security’ matter to court

ambcrypto.com Consensys has sued the SEC for wanting to take action against the firm for its MetaMask products • The blockchain firm has also asked the court to declare Ethereum as not a…

Consensys Sues SEC Over Attempts to Regulate Ethereum as a Security

decrypt.co Ethereum software giant Consensys filed suit against the Securities and Exchange Commission (SEC) on Thursday, alleging that the regulator is trying to "seize control over…

SEC sued over Ethereum, crypto firm asks court to state token is not a security

fortune.com A bitter legal fight between the crypto industry and the Securities and Exchange Commission grew more intense on Thursday as Consensys, a major backer of the Ethereum…

SEC Sued Over Ethereum, Prosecutors Say ETH Isn’t A Security

watcher.guru Crypto firm Consensys is suing the SEC over Ethereum and is asking the court to declare that ETH is not a security. This case mirrors the Ripple Labs case against XRP, where…

SEC sued over Ethereum, crypto firm asks court to state token is not …

archive.ph A bitter legal fight between the crypto industry and the Securities and Exchange Commission grew more intense on Thursday as Consensys, a major backer of the Ethereum…

Uniswap taking page from Coinbase’s playbook will ‘backfire,’ former SEC official says

dlnews.com Lawyers often have a key piece of advice for corporate clients: Don’t poke the bear. It’s unusual for business leaders to rail against regulators when they are slapped with…

SOTM Apr 4-10, 2024

5264302.fs1.hubspotusercontent-na1.net Welcome to our 167th issue of State of the Market, where we provide an overview of crypto market activity from April 4 – 10, 2024. Bankrupt lender Genesis exits their…

Uniswap says ‘it’s ready to fight’ as SEC ramps up investigation

dlnews.com Uniswap Labs, one of the biggest entities in the world of decentralised finance, said it is “ready to fight” Wednesday after receiving notice that the US Securities and…

SEC Attorneys Resign After Agency Sanctioned Over Debt Box Lawsuit

thedefiant.io Lead SEC attorneys Michael Welsh and Joseph Watkins reportedly stepped down from the agency. In a blow to the U.S. Securities and Exchange Commission (SEC)’s regulatory…

Uniswap Resurgence Incoming? Analyst Predicts 30% Surge For UNI Price

newsbtc.com Uniswap’s native token, UNI, has been struggling in terms of its price action over the past few weeks. Although the general state of the crypto market may be blamed for this…

dips 15% on SEC concerns: whales pivot to LUNA and NUGX for growth

coinjournal.net Uniswap’s 15% price drop after the SEC’s Wells Notice led major holders to seek more promising alternatives. Terra Luna excels with dynamic stablecoin options and instant…

Crosses Historic $250B L2 Volume, UNI To Rally?

coingape.com The transaction volume on Decentralized Exchange (DEX) and Automated Market Maker (AMM) Uniswap Layer-2 (L2) has hit a historic level pegged at $250 billion. Uniswap L2…

Bitcoin’s 4th Halving

coinmetrics.substack.com Get the best data-driven crypto insights and analysis every week: • None Bitcoin will undergo its 4th halving at block 840,000, (est. April 20th), with block rewards falling…

Uniswap Labs generates daily fee record with higher charge

dlnews.com Uniswap Labs raked in a daily all-time high in fees of around $727,000 from its 0.25% swap fee Saturday, the same day Iran’s missile and drone strikes on Israel contributed…

Uniswap raises swap fees amid SEC legal challenges

cryptobriefing.com Uniswap Labs has imposed a new swap fee of 0.25%, starting on April 10, the same day the firm’s founder, Hayden Adams, disclosed that they received a Wells Notice from the…

What The Uniswap Lawsuit Means For Crypto Investors

forbes.com The SEC is continuing its pattern of regulation by enforcement by filing a Wells Notice against Uniswap , a popular decentralized exchange that benefitted from the growth in…

Uniswap Labs Implements Fee Increase to 0.25% on Mainnet and Layer 2 Swaps

cryptonews.com Uniswap Labs, the creator of the Uniswap protocol, has increased the fees charged to users for trading on its interface. The fee has been raised from 0.15% to 0.25% for most…

Uniswap: Crypto Executives and Regulators Lock Horns

coingape.com Decentralized crypto exchange Uniswap is within the Securities and Exchange Commission’s (SEC) regulatory waters. This week, the financial regulator issued a Wells Notice to…

Web3, Blockchain & Crypto Weekly Report: Insights and Analysis

coinpedia.org The post Web3, Blockchain & Crypto Weekly Report: Insights and Analysis appeared first on Coinpedia Fintech News This analysis report, backed by quality data, covers the…

Expert Says It Looks Like Ripple and SEC Have Reached a Settlement

thecryptobasic.com Popular XRP community member and expert Ashley Prosper highlights several factors suggesting that the multi-year legal tussle between the SEC and Ripple has ended in a…

Four Ethereum Whales Dump $106 Million Worth ETH, Sub $3000 ETH Price Soon?

coingape.com Bitcoin and the broader cryptocurrency market have come under severe selling pressure with over $900 million in liquidations over the last 24 hours. The Ethereum (EHT) price…

UNI Takes an SEC Hit on Bankless

bankless.com SEC Shakedown. The UNI token erased nearly $2B in market capitalization and is down more than 20% off this week’s announcement that the Securities and Exchange Commission…

Uniswap crashes 17% as these whales cash out fearing SEC warnings

ambcrypto.com Whales sold their holdings, while long positions got liquidated. Shockwaves were sent across the crypto sector as Uniswap [UNI] became the target for U.S regulatory bodies.…

Uniswap Labs Counters SEC Probe And UNI’s 30% Price Drop With New Cross-Chain ERC Standard

bitcoinist.com Uniswap Labs, the software development company behind the decentralized exchange (DEX) Uniswap, was served with a Wells Notice by the US Securities and Exchange Commission…

Dapper Labs Rocked By SEC’s Explosive Investigation In 2023: Revelations Exposed

bitcoinist.com A recent Fortune Magazine report revealed that Dapper Labs, a prominent non-fungible token (NFT) company, was under investigation by the Securities and Exchange Commission…