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I-US SEC Isongela Isenzo Sokuphoqelela Ngokuqhathaniswa no-Uniswap | Amaphuzu Abalulekile | Ephreli 11, 2024 | I-BitPinas

Usuku:

Siyakwamukela ku Amaphuzu Abalulekile e-BitPinas: Izindaba ezigayeka kalula ngamafomethi amafushane ukuze zifundwe kalula. Ake sihlole izindaba zakamuva ze-crypto emahoreni angama-24 edlule ePhilippines nakwamanye amazwe.

Okuqukethwe

Isibuyekezo senani le-Crypto

Photo for the Article - U.S. SEC Threatens Enforcement Action vs Uniswap | Key Points | Apr. 11, 2024

Izindaba zeMakethe

  • I-Bitcoin (i-BTC) ihlangene back to the $70,000 mark on Wednesday, bouncing back from its initial dip triggered by the U.S.’s March inflation data, which showed a rise above analysts’ expectations.
    • This performance outpaced both U.S. equities and gold, which recorded significant declines in the same timeframe.
  • The broader cryptocurrency market did not mirror Bitcoin’s recovery, as Polkadot (DOT), Bitcoin Cash (BCH), Near Protocol (NEAR), and Aptos (APT) experienced declines ranging from 5% to 7%.
  • Following an impressive initial airdrop, the cross-chain protocol Wormhole’s W token has wambona a significant decrease in value, dropping over 50% to $0.82 from its launch price of $1.66.
    • The majority of this decline occurred steadily throughout the week, with a 4.5% reduction in the last 24 hours alone.
  • Uniswap also falls 9%, more on this in our feature story next:

Feature News: US SEC moves to sue Uniswap

Photo for the Article - U.S. SEC Threatens Enforcement Action vs Uniswap | Key Points | Apr. 11, 2024

I-US Securities and Exchange Commission (SEC) ikhishwe a Wells Notice to Uniswap Labs, which signals an impending enforcement action against the company, the developer of Uniswap decentralized exchange and the UNI token.

What is a Well’s Notice? The notice sent to Uniswap Labs, the entity behind the Uniswap protocol, offers a last chance to counter the SEC’s allegations before formal legal proceedings begin. However, despite this opportunity, the SEC’s long-standing investigation into Uniswap suggests that any response may merely be procedural.

Specific allegations remain undisclosed.

Uniswap responds

Both Uniswap and its founder Hayden Adams wathi the company will be ukulwa any legal case from the U.S. SEC. He also said he is confident that all the product they offer are legal.

I am confident that the products we offer are legal and that our work is on the right side of history.

Hayden Adams, Uniswap

Adams said he is frustrated with the U.S. Commission for appearing to be more concerned with protecting “opaque systems than protecting consumers”.

This fight will take years, may go all the way to the Supreme Court, and the future of financial technology and our industry hangs in the balance. If we stand together we can win.

Hayden Adams, Uniswap

I-DeFi ne-NFT

  • In anticipation of the Bitcoin halving event and the initiation of the Runes protocol, the meme cryptocurrency Bitcoin Pups kufakazelwe an extraordinary surge, skyrocketing 1,056% to $41.89 within just a week.
  • Solana said it is ukusebenza on an update to help with the network congestion issues.
  • Eigenlayer is now siphile on Ethereum mainnet.

Imidlalo ye-Web3

  • Sui is ukuqala a web3 gaming hardware similar to Steam Deck.
  • Saga debuts with 350 projects.

Kuyaphawuleka

  • Okuhle kakhulu funda on the interview of Richard Teng, the CEO of Binance during the Paris Blockchain Week. The company is facing regulatory hurdles as of late in Nigeria and the Philippines. In the former, its employee has been arrested.
  • BlackRock’s IBIT, a spot bitcoin ETF, is on track to idlula Grayscale as the leading crypto-based investment vehicle.
    • In the three months since the introduction of spot bitcoin ETFs, BlackRock’s fund has amassed $18.2 billion in assets under management, nearing Grayscale’s $23.2 billion, despite Grayscale’s higher fee structure and recent AUM losses.

Lo mbhalo ushicilelwe ku-BitPinas: Uniswap Receives U.S. SEC Notice Ahead of Legal Action | Key Points | Apr. 11, 2024

Disclaimer:

  • Ngaphambi kokutshala imali kunoma iyiphi i-cryptocurrency, kubalulekile ukuthi uzenzele eyakho inkuthalo futhi ufune izeluleko ezifanele zochwepheshe mayelana nesikhundla sakho esithile ngaphambi kokwenza noma yiziphi izinqumo zezezimali.
  • I-BitPinas inikeza okuqukethwe kwe izinjongo zokwaziswa kuphela futhi azihlanganisi iseluleko sokutshala izimali. Izenzo zakho ziwumthwalo wakho kuphela. Le webhusayithi ayinasibopho sanoma yikuphi ukulahlekelwa ongase ukuthole, futhi ngeke ifune ukuchazwa ngezinzuzo zakho.
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