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Blockchain Association Sues the SEC? 😱

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Wed, Apr 24, 2024 11:47 AM

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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ?

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRoC3Y_P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXZycmJ1aW5oaGxpc1cDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Welcome to CoinMarketCap Spotlight. The Blockchain Association has taken legal action against the SEC, challenging the agency's expansion of the "dealer" definition to include DeFi users and projects. The SEC's regulatory overreach has been criticized by the crypto community, including SEC Commissioner Hester Peirce. Who will emerge victorious in this legal battle? Check out the rest of the top stories we are covering today: - The [Blockchain Association sues the SEC](~/AAQRxQA~/RgRoC3Y_P0SJaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY3J5cHRvLWluZHVzdHJ5LWxvYmJ5aW5nLWdyb3VwLWNoYWxsZW5nZXMtc2Vjcy1kZWZpbml0aW9uLW9mLWRlYWxlci1pbi1sYXdzdWl0P2xpZD1kZ2pzd3BxaW1rZGFXA3NwY0IKZic_8ShmpPwy1FIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) over its expanded "dealer" definition 🔍 - Solana DEX aggregator [Jupiter acquires Ultimate Wallet](~/AAQRxQA~/RgRoC3Y_P0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc29sYW5hLWRleC1hZ2dyZWdhdG9yLWp1cGl0ZXItYWNxdWlyZXMtdWx0aW1hdGUtd2FsbGV0LXRvLWRyaXZlLW1vYmlsZS1leHBhbnNpb24_bGlkPWhmbTJsdWVjZ3doNFcDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) in mobile push 📱 - [Tether commits to US sanctions](~/AAQRxQA~/RgRoC3Y_P0ScaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGV0aGVyLXdpbGwtZnJlZXplLWFkZHJlc3Nlcy1hbWlkLXJlcG9ydHMtb2YtdmVuZXp1ZWxhbi1vaWwtY29tcGFueS11c2luZy11c2R0LXRvLWV2YWRlLXNhbmN0aW9ucz9saWQ9NHNja2toMXR5NjRrVwNzcGNCCmYnP_EoZqT8MtRSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) over Venezuelan oil company’s use of USDT 🛢️ - Mt. Gox's potential $9 billion [Bitcoin repayments could impact the market](~/AAQRxQA~/RgRoC3Y_P0SPaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbXQtZ294cy1kb2xsYXI5LWJpbGxpb24tYml0Y29pbi1yZXBheW1lbnRzLWNvdWxkLXJhdHRsZS10aGUtbWFya2V0LXdhcm4tazMzLWFuYWx5c3RzP2xpZD0wc3F0bGswbHFyaXBXA3NwY0IKZic_8ShmpPwy1FIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ⚖️ - [Worldcoin plans to expand WLD token supply](~/AAQRxQA~/RgRoC3Y_P0SCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd29ybGRjb2luLXRvLWV4cGFuZC13bGQtdG9rZW4tc3VwcGx5LWJ5LTE5cGVyY2VudC10aHJvdWdoLXByaXZhdGUtc2FsZXM_bGlkPXJnMTZrdDVzZ2ZzdlcDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) by 19% through private sales 🌍 Let’s dive into these stories after our quick market overview. MARKET OVERVIEW GLOBAL MARKET CAP $2.47T ▲1.71% (24h) 24H MARKET VOLUME $73.65B ▲11.0% (24h) BITCOIN’S DOMINANCE 53.14% ▼0.42% (24h) FEAR & GREED INDEX 64 Greed [Bitcoin] Bitcoin $66,552.9 ▲0.86% (24h) [Ethereum] Ethereum $3,280.85 ▲3.46% (24h) [BNB] BNB $616.47 ▲2.13% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoC3Y_P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXh2Z2lpMm50eGZ6YlcDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoC3Y_P0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9ZTQ4czNnMXI3bXFyVwNzcGNCCmYnP_EoZqT8MtRSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoC3Y_P0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1vOXU3cHJicDV3emZXA3NwY0IKZic_8ShmpPwy1FIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoC3Y_P0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPWZteDJpZzk1Z3RlblcDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 24 Apr 2024 11:45 UTC [Gainer Icon] TOP GAINERS 24H% [Project Icon 4] [DOGO](~/AAQRxQA~/RgRoC3Y_P0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCmYnP_EoZqT8MtRSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲578.65% [Project Icon 5] [Redluna](~/AAQRxQA~/RgRoC3Y_P0QtaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3JlZGx1bmEvVwNzcGNCCmYnP_EoZqT8MtRSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲495.33% [Project Icon 6] [DORK LORD](~/AAQRxQA~/RgRoC3Y_P0Q0aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvcmstbG9yZC1jb2luL1cDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲325.02% [Loser Icon] TOP LOSERS 24H% [Project Icon] [Felix](~/AAQRxQA~/RgRoC3Y_P0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2ZlbGl4LXRva2VuL1cDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼88.76% [Project Icon 2] [AIBUZZ TOKEN](~/AAQRxQA~/RgRoC3Y_P0QyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FpYnV6ei10b2tlbi9XA3NwY0IKZic_8ShmpPwy1FIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼82.55% [Project Icon 3] [Toly's Cat](~/AAQRxQA~/RgRoC3Y_P0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3RvbHlzLWNhdC9XA3NwY0IKZic_8ShmpPwy1FIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼82.25%   The Blockchain Association sues the SEC The Blockchain Association has initiated legal proceedings against the U.S. Securities and Exchange Commission (SEC) over its contentious expansion of the "dealer" definition to include DeFi participants. This move, announced in February, has triggered widespread concerns within the crypto community regarding regulatory overreach and the potential stifling of innovation. The lawsuit challenges the SEC's lack of guidance on how DeFi projects can comply with regulations tailored for traditional finance, sparking a debate on the future of decentralized finance. Interested in the implications of this legal battle? [Click here to explore further details and perspectives.](~/AAQRxQA~/RgRoC3Y_P0SJaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY3J5cHRvLWluZHVzdHJ5LWxvYmJ5aW5nLWdyb3VwLWNoYWxsZW5nZXMtc2Vjcy1kZWZpbml0aW9uLW9mLWRlYWxlci1pbi1sYXdzdWl0P2xpZD1ycTV2aGRhNjB2Z3NXA3NwY0IKZic_8ShmpPwy1FIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Solana DEX aggregator Jupiter acquires Ultimate Wallet Jupiter, the Solana-based DEX aggregator, made waves with its recent acquisition of Ultimate Wallet, signaling a strategic shift towards mobile user expansion. This move underscores Jupiter's commitment to harnessing the expertise of Ultimate Wallet to bolster its upcoming mobile initiative, slated for beta testing in May. With Solana's reputation for efficiency in the DeFi realm, Jupiter's integration of Ultimate Wallet's technology promises an enhanced mobile experience for users. Intrigued by this acquisition's implications for Solana's DeFi ecosystem? [Click here to dive deeper into Jupiter's mobile strategy](~/AAQRxQA~/RgRoC3Y_P0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc29sYW5hLWRleC1hZ2dyZWdhdG9yLWp1cGl0ZXItYWNxdWlyZXMtdWx0aW1hdGUtd2FsbGV0LXRvLWRyaXZlLW1vYmlsZS1leHBhbnNpb24_bGlkPXgwY3N0b3hmendoblcDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) and its potential impact on the crypto landscape.   Tether commits to US sanctions over Venezuelan oil company’s use of USDT 🛢️ Amidst reports of Venezuela's PDVSA circumventing oil sanctions through cryptocurrency, Tether has made a bold stance, pledging to freeze addresses tied to sanctioned entities. With the U.S. Treasury imposing renewed oil sanctions on Venezuela, PDVSA faces significant hurdles in its oil exports. Read more about Tether's response and its potential implications for global sanctions enforcement? [Click here to delve deeper into the complex intersection of crypto and geopolitics.](~/AAQRxQA~/RgRoC3Y_P0ScaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGV0aGVyLXdpbGwtZnJlZXplLWFkZHJlc3Nlcy1hbWlkLXJlcG9ydHMtb2YtdmVuZXp1ZWxhbi1vaWwtY29tcGFueS11c2luZy11c2R0LXRvLWV2YWRlLXNhbmN0aW9ucz9saWQ9MzZ6emRiaTZ3ZjVmVwNzcGNCCmYnP_EoZqT8MtRSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)   Bitcoin Halving 2024: Experts' Price Forecasts and Historical Patterns [Bitcoin Halving 2024: Experts' Price Forecasts and Historical Patterns](~/AAQRxQA~/RgRoC3Y_P0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1oYWx2aW5nLTIwMjQtZXhwZXJ0cy1wcmljZS1mb3JlY2FzdHMtYW5kLWhpc3RvcmljYWwtcGF0dGVybnM_bGlkPXowdzllZWQyOGp4MlcDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Halving hype or historic milestone? Decoding Bitcoin's potential price trajectory in 2024. [READ MORE](~/AAQRxQA~/RgRoC3Y_P0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1oYWx2aW5nLTIwMjQtZXhwZXJ0cy1wcmljZS1mb3JlY2FzdHMtYW5kLWhpc3RvcmljYWwtcGF0dGVybnM_bGlkPXc5MmgwZm52azFiMVcDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Mt. Gox's potential $9 billion Bitcoin repayments could impact the market ⚖️ K33 Research analysts warn of a potential setback in Bitcoin's price due to the anticipated return of over $9 billion in Bitcoin from the Mt. Gox era. With creditors now informed about repayment details, including cryptocurrency amounts and deadlines, concerns arise about the impact on the market. Could this influx of Bitcoin disrupt the current stability? [Explore the implications of Mt. Gox's resurgence on Bitcoin's trajectory](~/AAQRxQA~/RgRoC3Y_P0SPaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbXQtZ294cy1kb2xsYXI5LWJpbGxpb24tYml0Y29pbi1yZXBheW1lbnRzLWNvdWxkLXJhdHRsZS10aGUtbWFya2V0LXdhcm4tazMzLWFuYWx5c3RzP2xpZD01MHozMWdqNjBhN29XA3NwY0IKZic_8ShmpPwy1FIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) by reading the analysis.   Worldcoin plans to expand WLD token supply 🌍 Worldcoin (WLD) has announced a bold plan to increase its token supply by up to 19% over the next six months through private sales to international institutions, indicating a significant strategic shift. This move aims to raise approximately $8.2 million weekly through private placements conducted by World Assets, a subsidiary responsible for token issuance. With potential implications for market dynamics and Worldcoin's digital identity solution, this decision prompts questions about its impact and future trajectory. Want to know more about how this move could shape the landscape of digital identity and cryptocurrency markets? [Click to read the full article.](~/AAQRxQA~/RgRoC3Y_P0SCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd29ybGRjb2luLXRvLWV4cGFuZC13bGQtdG9rZW4tc3VwcGx5LWJ5LTE5cGVyY2VudC10aHJvdWdoLXByaXZhdGUtc2FsZXM_bGlkPWZpajE5MHEwbWdyaFcDc3BjQgpmJz_xKGak_DLUUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   And that’s a wrap. 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