Monday, February 13, 2023
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The Securities and Exchange Commission (SEC) has now set its sights on Paxos and is looking to sue the stablecoin issuer for violating investor protection laws through Binance USD (BUSD).
The Wall Street Journal had reported that the SEC had issued a notice to Paxos, claiming that BUSD was an unlicensed security. In today's news, Sushiswap looks to the Cosmos, Nexo halts the yields, and Secret Network is now an NPO.
Read on! |
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| 24h Hot Searches Worldwide
| | | Buckle up and get ready! CoinGecko's Virtual Meetup is back again! For Meetup #21, we'll be exploring the Arbitrum ecosystem. Arbitrum is one of the few scaling solutions that was created to help Ethereum to scale. With a growing number of TVL, users, developers, and dApps, Arbitrum has now become the leading Ethereum Layer 2 optimistic rollup scaling solution.
Join us as we explore the Arbitrum ecosystem, unpack how it works, and navigate the growing number of decentralized Apps (dApps) on Arbitrum that make up its thriving L2 ecosystem โ with over 100 protocols like Uniswap, GMX, Dopex, Vesta Finance, and Treasure. Date: Thursday, 16 February 2022 Time: 08:00 AM EST (UTC -5) [Check your local time] Tune in for our Virtual Meetup #21, featuring an exciting panel of speakers: | | | How have ChatGPT and Bard Impacted Artificial Intelligence Tokens? | | OpenAI's launch of ChatGPT has fueled interest in AI-related crypto tokens, with one even posting a 16x gain! Which AI-related tokens benefited the most from ChatGPT?
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Do you know which decentralized exchanges (DEXs) are dominating in 2023? Watch this video to find out more! | | | Into the Vortex Sushiswap, one of the most popular DEXs in the crypto space, has acquired Vortex Protocol, a derivatives exchange based on the Sei Network, for an unrevealed figure.
The yet-to-be-released trading protocol will be released under the Sushiswap banner with a new name, offering users up to 10x leverage on various assets.
Additionally, Sushiswap will also be one of the first Ethereum-based applications to make the jump to Cosmos in the coming months.
Decrypt | | No More Earn for Nexoโฆ in the US
Crypto lending platform Nexo will be terminating its Earn Interest Product for customers based in the United States starting from 1st April.
According to a blog post by the firm, customers will be given ample time to repay their loans and withdraw their funds until then.
The Block | | The Secret's Out The Secret Network community has spoken, turning the privacy-based blockchain's Secret Foundation into a non-profit organization. The CEO of Secret Network, Tor Bair, had initially set up the foundation as a for-profit company, becoming its sole shareholder.
However, with the community's latest decision, assets from the previous entity will be transferred to the new Foundation, which will maintain transparency in its operations.
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