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The Block
The first and final word in digital assets
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Acting SEC chair Uyeda directs staff to review statements on crypto risks, security laws
One staff statement flagged for review is a 2019 document that provides guidance on how the SEC applies the Howey Test to digital assets. ...
Defiance ETFs plans fund that shorts two leveraged Strategy ETFs, aiming to profit from volatility decay
The fund aims to benefit from the inherent losses resulting from holding leveraged funds longer than one day, known as volatility decay. ...
Cathie Wood’s Ark Invest buys $13.4 million worth of Coinbase shares following 5% dip
The Cathie Wood-led Ark Invest similarly bought COIN's dip in March, adding over $16 million worth of Coinbase stock to its funds. ...
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
The NFT market has suffered severe declines over the past three months, with both OpenSea and Blur experiencing significant drops in trading volume....
DeFi revenues plunge in March as onchain activity slows
MakerDAO (now known as Sky) was the only major DeFi protocol to post revenue growth, while DeFi tokens have struggled, with the GMDEFI index down 40% year-to-date....
Bitcoin holds firm while traditional markets bleed from Trump tariffs
Markets plunged after President Trump announced global tariffs, triggering the worst stock performances since 2020 and a sharp crypto pullback....
Ethereum transaction fees drop to historic lows as transaction volume remains stable
While lower fees improve accessibility, they raise concerns about validator incentives as ETH struggles despite high network activity in stablecoins and RWAs....
Prominent crypto researcher Samczsun steps down from Paradigm to focus on SEAL 911 security initiative
The popular crypto commentator will stay on as an advisor to the influential firm as he doubles down on expanding the SEAL 911 security team. ...
The Daily: Trump’s sweeping tariffs could derail crypto IPOs, Bo Hines talks White House strategy and more
The following is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
SEC declares ‘covered’ stablecoins like USDT and USDC are not securities, no registration needed for minting or redeeming
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC....
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