6,466 Posts

According to Fortune, the U.S. Securities and Exchange Commission (SEC) has been investigating Dapper Labs, which is the primary developer of the Flow blockchain and a number of NFT projects.

The investigation was closed at the end of September.

The reasons for launching the investigation are unknown.

In 2023, the court found that the NBA Top Shots project met the definition of a security.

The court found that the NBA Top Shots project met the definition of a security.

Bitfinex Securities said it is launching a tokenized debt issue for the construction and development of the Hampton by Hilton hotel complex.

The hotel is to be built at El Salvador’s international airport.

The debt token has been given the ticker HILSV and will trade for the U.S. dollar and USDT.

HILSV will be issued in the Liquid Network bitcoin sidechain.

Binance Labs announced an investment in BounceBit.
BounceBit is a restacking protocol on bitcoin.

The amount of the investment is unknown.

The Securities and Exchange Commission (SEC) has issued a Wells Notice to Uniswap Labs.

The Wells Notice indicates that the SEC intends to file charges against Uniswap.
This information was confirmed by Hayden Adams, the project’s founder.
“I’m not surprised. Just annoyed, frustrated and ready to fight,” he

added.

U.S.-based mining equipment company Auradine has raised $80 million in a Series B financing.

The round included participation from StepStone Group, Top Tier Capital Partners, MVP Ventures, Maverick Capital, Celesta Capital, Mayfield Fund and Marathon Digital.

The company was founded in 2022 and launched the Teraflux mining device in November last year.

Deutsche Telekom MMS, Coinbase Cloud and Google Cloud have become EigenLayer operators.
HashKey Cloud, P2P, Nethermind, Figment, Everstake, Kiln and AltLayer have also joined the project.
Operators provide services to other applications and process transactions in exchange for rewards.

The EigenLayer restacking protocol and EigenDA data availability layer have been launched on the Ethereum core network.
Restakers can now delegate their ETH to their preferred operator, and operators can run their own AVS on EigenLayer.
In addition, AVSs will be able to register with EigenDA (still in beta).

Former Ethereum consultant Steven Nerayoff has filed a lawsuit against the US government. His attorneys claim agents fabricated federal charges against their client in 2019 and are seeking $9.6 billion in compensation.

Nerayoff was arrested in 2019 on charges of extorting 10,000 ETH from a crypto startup.

The ensuing legal battle lasted approximately four years and ended in 2023 when the US government dismissed the lawsuit.

Nerayoff’s attorneys argue that the federal agents’ actions caused their client “significant

damage.” All of Nerayoff’s business partners abandoned him causing him to lose the opportunity to earn several billion dollars during the bull market, including “hundreds of millions of dollars from consulting contracts.”

Nerayoff is the founder of the consulting firm Alchemist.

Previously, Nerayoff has repeatedly accused Vitalik Buterin, Joe Lubin and the Ethereum Foundation of fraud. In particular, he claimed that they never tried to make Ethereum decentralized.

VanEck CEO Jan van Eck expects the Ethereum-ETF to be rejected in May.
He said the Securities and Exchange Commission (SEC) is providing very little comment on issuers’ applications.

In another interview, he also added that the crypto community should stop thinking about ETFs and focus on unpredictable fees.

“Would you want to gas up your car for $50 dollars and next week for $600? That’s what gas is in Ethereum.” he said.

CoinShares CEO Jean-Marie Monyetti also supported the hypothesis. He doesn’t expect the ETF to be approved this year at all.

Thesis announced the completion of a $21 million Series A funding round.

The round was led by Pantera Capital, with participation from Multicoin, Hack VC, ParaFi Capital, Nascent, Draper Associates, Primitive Ventures and others.

The money will be used to launch L2 on bitcoin called Mezo.

The main idea behind the project is to earn yield from holding BTC.