The legal standoff between Ripple and the U.S. SEC appears to be nearing its end, with both parties agreeing to pause their appeals as they work toward a potential settlement. The decision, confirmed in an April 10 court filing, places the proceedings in abeyance, signaling an effort to conserve resources while a resolution is negotiated. This follows Ripple CEO Brad Garlinghouse's March 19 statement that the case was effectively over. The timing has also prompted speculation that a formal settlement could follow once Paul Atkins assumes his role as SEC Chair, pending commission approval.
Participation events continue to feature across the broader crypto market. BingX, for example, is hosting a limited-time draw event called “Happy Friday,” running from April 11 to April 18 (UTC+8). The event offers guaranteed token rewards, with participants completing tasks such as deposits, trades, or referrals to earn entries. While modest, such events reflect platforms’ ongoing strategies to maintain user activity in a market still adjusting to regulatory and macro shifts.
Meanwhile, Curve founder Michael Egorov has extended the lock-up period for his veCRV holdings to four years, sharing transaction records to confirm the move. This came shortly after $CRV saw a brief price rise, crossing 0.6 USDT, following the IRS's decision to roll back certain DeFi broker rules seen by some as a tentative win for the DeFi sector.
