Texas Court Dismisses Consensys Lawsuit Against SEC
The U.S. District Court has dismissed the Consensys lawsuit against the SEC regarding Ethereum and MetaMask on procedural grounds. The United States District Court dismissed Consensys Software Inc. ‘s lawsuit against the Securities and Exchange Commission for the Northern District of Texas. This occurred following a protracted legal dispute regarding the status of Ethereum and […]
Coinbase CLO Questions SEC Crypto Asset Security Claims
Coinbase CLO is challenging SEC’s crypto asset security term before a critical House Financial Services Committee hearing. The SEC’s terminology of “crypto asset security,” which is being used more frequently by the regulatory agency, has been challenged by Coinbase and Ripple CLO. His criticism is delivered at a time when the SEC is facing criticism […]
Terraform Labs is Granted Court Approval To Cease Operations
Terraform Labs received court approval to cease operations during a bankruptcy hearing, which resolved the SEC lawsuit. In the most recent bankruptcy hearing, Terraform Labs was granted court consent to cease operations, which attracted the attention of investors. The firm’s plan, which a US bankruptcy judge authorized after its settlement with the US Securities and […]
CertiK Ventures Reveals $45M Web3 Security Investment
CertiK Ventures has disclosed a $45 million investment to support high-potential initiatives to enhance the integration and Web3 security. Certik Ventures , the investment branch of CertiK, has made a substantial, multimillion-dollar investment in promoting new initiatives in the industry intending to increase the adoption of Web3. CertiK Ventures disclosed a $45 million investment on […]
SEC Commissioner Cautiously Backs Donald Trump DeFi Project
Donald Trump DeFi project received a cautious nod from the US SEC Commissioner, who wishes it “Godspeed” without making any direct endorsements or regulatory commitments. According to reports, the US SEC Commissioner has cautiously endorsed the Donald Trump DeFi project, World Liberty Financial (WLFI). The project has lately experienced significant momentum, particularly due to its […]