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The CFTC has filed a lawsuit against Uniswap Labs and reached a settlement. It was found that Uniswap Labs illegally provided leveraged or margined retail commodity transactions of digital assets through a decentralized digital asset trading protocol. Uniswap Labs was required to pay a civil penalty of $175,000 and cease violations of the Commodity Exchange Act (CEA). The CFTC acknowledged that Uniswap Labs actively cooperated with law enforcement agencies in the investigation and reduced the civil penalty.
The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 55.0%, while the probability of a 50 basis point cut is 45.0%. The probability of the Federal Reserve cutting interest rates by a cumulative 50 basis points by November is 32.1%, by 75 basis points is 49.2%, and by 100 basis points is 18.8%.
The US Securities and Exchange Commission (SEC) has once again postponed its final decision on the New York Stock Exchange (NYSE) Arca's application for a carbon offset Bitcoin ETF. According to a document dated September 4th, the decision has been extended to November 21st. The ETF aims to provide a Bitcoin investment exposure in an environmentally friendly way by offsetting carbon emissions, tracking an investment portfolio composed of 80% Bitcoin and 20% carbon credit futures. Tidal Investments submitted the fund registration application in December 2023, while NYSE Arca submitted the initial application in March. Concerns have been raised about the environmental impact of Bitcoin mining, with the International Monetary Fund (IMF) reporting that cryptocurrency mining accounts for 1% of global greenhouse gas emissions. The delay in this decision also includes the postponement of approval for the Nasdaq One-Stop Cryptocurrency Investment Portfolio ETF.
In today’s world, the internet has woven itself into nearly every aspect of our lives, influencing how we work, socialize, and think. The sheer amount of personal information stored on a single device could easily reconstruct someone’s entire life. B
Today marks an unprecedented achievement: a forest fully on-chain. This milestone represents a revolutionary step forward in the Mint Blockchain and Web3 ecosystem.
NEAR Protocol (NEAR) is a layer 1 blockchain that employs the threshold Proof of Stake (TPoS) consensus mechanism. Designed for performance, security, and scalability, NEAR is both user-friendly and carbon-neutral. Recently, NEAR has gained traction
On August 19, 2024, authors Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson filed a class-action lawsuit against AI company Anthropic, accusing the company of illegally downloading copyrighted books to train its AI model, Claude. Just a month
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