News Explorer — Uniswap Court Ruling Makes DeFi a Regulatory ‘Anomaly’
A district judge ruled that Uniswap investors and developers are not liable for the impact of so-called scam tokens, stating that decentralized exchanges should be viewed differently from centralized ones. The ruling suggests that companies exercising judgment over token listings could be held responsible, but DeFi platforms remain unaffected due to their permissionless nature. While the regulatory landscape for DeFi is still developing, the decision makes it more challenging for the SEC to pursue enforcement actions against truly decentralized exchanges.
Source Article
Sep 1, 8:54 pm
The Block
Ripple Labs Opposes SEC’s Request for Appeal: Filing
Ripple Labs has filed a new document opposing the U.S. Securities and Exchange Commission’s (SEC) request for an appeal… Read Summary
Source Article
Sep 1, 6:42 pm
Decrypt
Robinhood Repurchases $606M in Shares Seized From FTX Founder
Robinhood has completed a buyback of $606 million in seized shares that were once owned by FTX founder Sam Bankman-Fried… Read Summary
Source Article
Sep 1, 6:19 pm
Decrypt
Uniswap Court Ruling Makes DeFi a Regulatory ‘Anomaly’
A district judge ruled that Uniswap investors and developers are not liable for the impact of so-called scam tokens, sta… Read Summary
Source Article
Sep 1, 5:07 pm
Decrypt
USDC Stablecoin Market Share Hits Two-Year Low
The market cap of USD Coin (USDC) has hit a two-year low, dropping to $26.1 billion and making it the sixth largest digi… Read Summary
Source Article
Sep 1, 2:58 pm
Decrypt
Cambridge Overhauls Bitcoin Electricity Consumption Index
The University of Cambridge has updated its Bitcoin Electricity Consumption Index (CBECI) to provide a more accurate ass… Read Summary
Source Article
Sep 1, 1:09 pm
The Block
NFT Trading on Ethereum at Lowest Level in Two Years
The monthly trading volume of Ethereum-based NFTs reached its lowest level in two years in August, with a 32% decline co… Read Summary
Source Article
Decrypt
USDT Slight Depeg Throughout August Raises Concerns About Its Stability
According to a recent Kaiko research, USDT, the largest stablecoin in the crypto industry, has experienced a slight depe… Read Summary
Source Article
Decrypt
Bitcoin, Ethereum Spot Trading Volumes Are On Track for Lowest Levels Since 2019
Bitcoin’s spot trading volumes for the current quarter have reached $721.10 billion, the lowest since Q1 2019 if Septemb… Read Summary
Source Article
Sep 1, 3:41 am
Cointelegraph
Binance Australia’s General Manager Confident in Australian Regulators’ Ability to Make Informed Decisions on Crypto Rules
Binance Australia’s General Manager, Ben Rose, is confident in Australian regulators making the right decisions regardin… Read Summary
Source Article
Sep 1, 2:11 am
Unchained Crypto
BTC Exchange Reserves Plummet as Withdrawals Outpace Deposits—But Institutional Players Are Still Buying
Data from Crypto Quant and Glassnode shows that exchange reserves of BTC have dropped to 2 million, indicating a potenti… Read Summary
Source Article
Sep 1, 2:09 am
Unchained Crypto
Tether’s Stablecoin Peg Has Wobbled All of August, Say Anaylsts
According to research from Kaiko, USDT, the U.S. dollar-pegged stablecoin issued by Tether, experienced a slight depeg t… Read Summary
Source Article
Aug 31, 11:04 pm
Cointelegraph
IBM Says Digital Euro Should be Built on Existing Rails and Ensure Privacy
IBM has shared its ideas on how to make the digital euro successful. They suggest building on existing rails, keeping si… Read Summary
Source Article
Aug 31, 11:42 pm
Decrypt
Streamer Loses $60K in Crypto After Accidentally Showing Seed Phrases
Ivan Bianco, a Brazilian blockchain gaming-focused YouTuber, had nearly $60,000 worth of cryptocurrency and NFTs stolen… Read Summary
Source Article
Aug 31, 8:54 pm
Decrypt
Hiber3D Taps Google AI Tools to Generate Metaverse Worlds With Text
Startup Hiber has integrated Google’s generative AI technology into its Hiber3D development platform, aiming to simplify… Read Summary
Source Article