US SEC Challenges Kraken Defences, Files Motion for Judgment
The US SEC has filed a motion for judgment against Kraken, with the objective of restricting the scope of discovery regarding crypto policy. The U.S. Securities and Exchange Commission (SEC) has submitted a motion for judgment in its lawsuit against Kraken , a cryptocurrency exchange. The motion emphasizes defenses such as the “major questions doctrine” […]
Gemini Exchange Introduce Crypto Ads Ahead of US Election
Gemini has initiated an ads campaign that emphasizes the role of crypto in the U.S. election, as Trump and Kamala Harris engage in a debate regarding digital asset policies. As digital assets become a critical issue in the forthcoming U.S. presidential election, Gemini, a cryptocurrency exchange based in the United States, has initiated a global […]
What Influenced Solana Trading Volume Breakout?
In October, Solana emerged as the primary focus due to its high transaction volume and fee generation, a trend that Glassnode attributes to a wallet. Solana (SOL) has experienced a commendable increase in its transaction volume metric. This metric reached its maximum value of approximately $224 billion in a single day, as evidenced by the […]
EigenLayer Boosts Restaking With Bitcoin Yield,P2P Payouts
In October, EigenLayer initiated programmatic EIGEN token incentives for restakers to bolster restaking and p2p.org payouts. EigenLayer , the largest restaking platform for Ethereum, is expanding its restaking options to include wrapped Bitcoin yield and payouts from node operator P2P.org, as per distinct announcements made on November 4. EigenLayer to Enhance Restaking In a blog […]
Terra Luna Classic Burns LUNC, USTC Holdings, Price Up?
Terraform Labs shuts down Shuttle Bridge in the midst of regulatory settlement, resulting in the burning of 251B LUNC and 264M USTC by Terra Luna Classic. Terraform Labs (TFL) has conducted a significant token fire, removing 251 billion Terra Luna Classic (LUNC) and 264 million TerraClassicUSD (USTC) tokens from circulation. The burn was a component […]