Holpop News

Arkham analytics platform conducted a study of Vitalik Buterin’s wallet.

As of today, his fortune is over $800 million or 246,730 ETH.

These ETH he received during the launch of Ethereum.

Over the past week, miners have earned less than 2 BTC on runes.

For example, on April 24, their profit was 884 BTC.

The number of transactions in fleece has also dropped by almost 90%.

Vitalik Buterin criticized the current regulation of cryptocurrencies and said that bona fide developers are cornered.
In his opinion, projects with vague promises of potential revenues are left out of the regulators’ attention, while honest and transparent projects are immediately classified as “securities”.

Buterin called this anarcho-tyranny, where acting honestly becomes risky. Against this backdrop, the industry attracts less bona fide projects.

He believes it should be the other way around: regulators should pay more attention to projects without a clear long-term strategy than to those that provide a clear rationale for their economic value.

A judge has dismissed part of the Securities and Exchange Commission’s (SEC) lawsuit against cryptocurrency exchange Binance and its founder Changpeng Zhao.

Specifically, the court granted Binance and Zhao’s motion to dismiss charges related to BNB’s secondary sales and Simple Earn service.

The SEC’s case regarding the ICO, subsequent sales of BNB, BNB Vault, steaking services, deregistration, and failure to comply with anti-fraud rules will continue.

The same applies to Binance US.

The judge set a hearing for July 9.

A judge has dismissed part of the Securities and Exchange Commission’s (SEC) lawsuit against cryptocurrency exchange Binance and its founder Changpeng Zhao.

Specifically, the court granted Binance and Zhao’s motion to dismiss charges related to BNB’s secondary sales and Simple Earn service.

The SEC’s case regarding the ICO, subsequent sales of BNB, BNB Vault, steaking services, deregistration, and failure to comply with anti-fraud rules will continue.

The same applies to Binance US.

The judge set a hearing for July 9.

The Securities and Exchange Commission (SEC) returned Forms S-1 to issuers in the latest round of negotiations.

According to The Block’s source, the forms were returned with few comments. Issuers were asked to resubmit the documents by July 8.

Bloomberg analyst Eric Balchunas changed his forecast and said the approval process will begin after July 8.

after all.
The Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys (the developer of MetaMask).

The company is accused of “engaging in the offer and sale of securities” and “acting as an unregistered broker” through MetaMask.

The Lido and Rocket Pool liquid steak programs are also named as securities.

The U.S. Supreme Court has issued a decision that limits the powers of the U.S. Securities and Exchange Commission (SEC).

The Court ruled that the SEC’s use of full-time judges violates the constitutional right to a jury trial.
Following the Supreme Court’s decision, the SEC will once again be forced to rely solely on the federal trial courts to enforce the securities laws and collect financial penalties.

The U.S. Supreme Court struck down a rule that stated that if a statute is unclear or ambiguous, courts must rely on federal agencies’ reasonable interpretation of that statute.

It is now up to the courts to decide whether an agency acted within the scope of its authority. Courts should no longer rely on those agencies’ interpretation of the law.

According to journalist Eleanor Terrett, this is good news for the cryptocurrency industry because the Securities and Exchange Commission (SEC) will no longer be able to interpret laws regarding digital assets in its own way.

Many have also noted that this decision could play in Ripple’s favor.