SEC Drops Investigation Into Uniswap Labs, Marking a Shift in Crypto Regulation
The SEC ended its investigation into Uniswap Labs without taking further action, closing a case that began with a Wells Notice in 2024. The SEC recently dismissed cases against Coinbase and Robinhood, indicating a potential shift in its cryptocurrency enforcement strategy. UNI token saw initial volatility after the SEC update, dropping 0.1% in 24 hours after briefly surging 3% following the announcement. The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into Uniswap Labs without further action. According to Uniswap Labs, this decision marks the closure of a case that began with a Wells Notice issued in April 2024.
SEC’s Regulatory Shift in Crypto Cases Uniswap Labs stated that the conclusion of the investigation reaffirms its compliance with legal requirements. The firm emphasized that its decentralized exchange operates transparently and efficiently within the framework of existing regulations. The decision of the SEC is similar in coming after similar actions on other cases as follows. At the beginning of the month, its representative have also dismissed the legal case against Coinbase Inc. Contrary to this, Robinhood revealed that the SEC had recently discontinued its case involving its unit of crypto. Such measures suggest that there are new developments in the commission’s policy regarding enforcement of cryptocurrencies. Uniswap’s Response to the Case Closure Following the SEC’s decision, Uniswap Labs Founder Hayden Adams stated that the platform is not a broker and operates within legal boundaries. He criticized the SEC’s actions, describing them as an attempt to enforce regulations without a clear legal basis. “They went after us despite having no clear legal basis, as part of a strategy of arbitrary enforcement to try to force DeFi into a regulatory framework that doesn’t fit—all while refusing to provide clear rules or a path to compliance,” Adams wrote on X. Other industry figures also reacted to the news. Jesse Powell, a developer of the Base protocol, responded with a ‘Salute’ emoji. Meanwhile, members of the crypto community expressed support for Uniswap Labs and its legal stance. Market data shows that UNI, the native token of Uniswap, has faced volatility following the SEC update. According to CoinMarketCap, UNI initially experienced a selloff before stabilizing. The token dropped by 0.1% in the past 24 hours after surging 3% within an hour of the SEC’s decision. The post SEC Drops Investigation Into Uniswap Labs, Marking a Shift in Crypto Regulation appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
The airdrop recipients are divided into two categories:
Telegram App Users Web3 Community
For both user types, there are Core (User Score) and Bonus (Multipliers) criteria.
Each airdrop is calculated as User Score X Multipliers.
1.Telegram App AirdropAllocation: ~ 85% of MEMEFI supplyCore
Eligibility Criteria: -Total value of all purchases (All TON + Stars Purchases) -Amount of coinsThese criteria are independent; fulfilling only one is sufficient to receive the associated airdrop.
Only users who have collected a minimum amount of coins (which will be small) will be eligible for the airdrop.
*Bonus Criteria: -[Hidden criterion]-On-Chain TON - -Transactions-Giveaway -Participation-MemeFi -Premium-CampaignsThese criteria will have specific multipliers to increase the user score.
The airdrop recipients are divided into two categories: Telegram App UsersWeb3 Community For both user types, there are Core (User Score) and Bonus (Multipliers) criteria. Each airdrop is calculated as User Score X Multipliers. 1.Telegram App Airdrop Allocation: ~ 85% of MEMEFI supply Core Eligibility Criteria: -Total value of all purchases (All TON + Stars Purchases) -Amount of coins These criteria are independent; fulfilling only one is sufficient to receive the associated airdrop.
Only users who have collected a minimum amount of coins (which will be small) will be eligible for the airdrop. *Bonus Criteria: [Hidden criterion] -On-Chain TON Transactions -Giveaway Participation -MemeFi Premium -Campaigns These criteria will have specific multipliers to increase the user score. ❗ Important: Due to the large number of Telegram app users, we've allocated a by an order of magnitude larger portion of the airdrop supply to this group (it’s a few % to Web3 users against the rest of the airdrop supply to Telegram app users). 2.Web3 Airdrop Allocation: ~ 5% of MEMEFI supply Core Criteria: -Testnet Points -Mainnet Points -Testnet Festival NFTs -GAL Stakers -Nomis Score Holders receive the associated airdrop.
Additional Criteria: -ERC-404 Branded NFT Held -Website Fortune Wheel Tokens -Elite & Royal NFTs Held -Discord OG Role -Testnet Early Adopter Status -Galxe Early Adopter NFTs -Pre-MemeFi Ecosystem Early Adopter Status.. All announcements can read on memefi offical media! #memefi #MemeCoinTrending #Airdrops_free #NOT🔥🔥🔥
We see you’re curious about the eligibility for the first-ever & limited #DropGame $DOGS Drop 👀 Well, we’ve got a secret ranking system in place. Can’t reveal too much—don’t want the person next to you pumping their stats to game the system 😏 But here’s what we can share that matters: » Your playtime in Drop Game ⏱️ » Total number of tasks crushed 💪 » Daily check-in streak 🔥 » Fren count (capped at 5, we promise! No headstart for BIG guys)🤝 » Connected TON Wallet + on-chain activity 🤑
Using our secret sauce, we’ve randomly picked 100,000 lucky Blum Users for this Drop. Now that we’ve let you in on some of the secret sauce, get ready for the next Drop. Deal? 😎🚀 First of many, first of many. Official BLUM announcement! #BlumCrypto #MemeCoinTrending #dogs #hottrendingtopics
Major & MemeFi listed on premarket on Gate.io 💰 my personal opinion!
🪙 MEMEFI 🪙 To tell you honestly, I suspect in memeFi, too many indications of a SCAM, first 3 listing delays , and especially the last paying daily check-in's, which jump to full screen every time you open the game,so selfish,just to take from community as much as possible, they have accumulate over 1Milion dollars..
🪙 Major 🤝 🎖️My last hope is Major, if he also disappoints,I don't know, I'm slowly losing my will, but I believe that there are good quality people out there, as proven by Dogs, Notcoin,Catizen*💱
However, Pavel and the team are at stake, that's why I believe in Major ..Take care of yourself without negative energy because nothing is important Except for your health And your family
Come and join us on social media TG :legitfreeminingapps
Breaking news : Owner of Russian social media & encrypted messaging app Telegram, Pavel Durov arrested by French authorities for his failure to cooperate in an investigation of crimes perpetrated using the platform. It may be that he failed to comply with lawful subpoenas.
Ever wondered why major venture capitalists such as Animoca,Pantera Capital, Kingsway Capital, Ryze?
All right, we'll tell you🧐 ▪️Combined insights - Unique Integration: All VCs are drawn to TON due to its exclusive integration with Telegram, which has nearly 900 million monthly active users. - WeChat-Like Ecosystem: Ryze Labs sees TON evolving towards a mini-app ecosystem with crypto features. - Market Potential: TON token's current trading price and market cap indicate high expectations for its growth. - Challenges: TON is still in early stages with development tools needing improvement, and faces risks related to Telegram’s dependency on Apple and Google, and regulatory scrutiny. ▪️Pantera Capital - Investment Activity: Raising funds for a second investment in the TON token. - Previous Investment: Made its largest investment in 21-year history in the TON token earlier this year. - Reason for Investment: Attracted by TON's potential and integration with Telegram. ▪️Kingsway Capital - Largest Token Holding: TON is Kingsway's biggest token holding. - Investment Timeline: Started buying TON over two years ago, well before Pantera. - CEO Insight: Manuel Stotz revealed the firm’s early and significant investment in TON. ▪️Ryze Labs (formerly Sino Global Capital) - Heavy Investment: Ryze Labs has been a large buyer of the TON token for a significant period. - Managing Partner Insight: Matthew Graham disclosed that Ryze Labs sees substantial opportunities in the TON network.
▪️Animoca Brands - Early Purchases: Started buying TON when it was valued below $1 and continued buying at higher prices. - Current Role: Largest validator on the TON blockchain. - Strategic View: Sees TON as a distribution play to onboard hundreds of millions to web3 via Telegram. - Gaming Integration: Leveraging TON for games like Notcoin and Hamster Kombat, accessible through Telegram. ▪️Galaxy Ventures - Optimistic Outlook: General Partner Will Nuelle expresses bullish sentiments on TON’s long-term potential. - Potential Uses: Highlights TON's ability to facilitate payments and financial applications through Telegram. - Layer 1 Network Effects: Sees TON’s massive built-in distribution as key for developing network effects.
🆕 New promising project🆕 Nomis App - Your Telegram Bot for Earning Points and Boosting Your Achievements on TON!
➡️Partners: Ton ,Polygon,Memefi LayerZero, Pumpers...
➡️How to play 📌
➡️Farm Points: Complete tasks and collect emanations. ➡️Unlock TON Score: Score your wallet and then get your TON Score powered by Nomis to boost points farming. ➡️Join Referral System: Invite friends and earn from their task completions.
➡️Activate your presence in TON — your adventure starts now!
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Only Five Mining Machines Remain Profitable As BTC Drops Below $55,000
According to Odaily, as Bitcoin (BTC) falls below $55,000, only five mining machines continue to be profitable. These include the Antminer S21 Hydro, Antminer S21, Avalon A1466I, Antminer S19 XP Hydro, and Antminer S19 XP. The shutdown prices for these machines are $39,581, $43,292, $48,240, $51,456, and $53,187 respectively.
The profitability of a mining machine is determined by the cost of electricity and the price of the cryptocurrency being mined. When the price of the cryptocurrency falls below a certain point, it becomes unprofitable to continue mining. This is known as the 'shutdown price'. The recent drop in the price of Bitcoin has led to a decrease in the profitability of many mining machines. However, the five machines mentioned above have managed to remain profitable despite the drop in price. This is due to their high efficiency and low electricity consumption. It is important to note that the profitability of mining machines can change rapidly due to fluctuations in the price of Bitcoin. Therefore, miners need to constantly monitor the market and adjust their operations accordingly.
Hamster Kombat, the recent hot trend of the P2E crypto sector, has given users a sneak peek at its future plans, particularly for July. Here's a brief report on the features the game offers. HIGHLIGHTS Hamster Kombat eyes rolling out an airdrop and in-game utility for their token in July.Further developmental upgrades are expected in the future. An overview of how to play Hamster Kombat. Hamster Kombat Reveals What’s Next in July The tap-to-earn game on Telegram, Hamster Kombat, has maintained its position as a hot trend in the crypto realm. Notably, the P2E (play to earn) game that emerged recently, eyeing launch on the TON (The Open Network) blockchain, has unveiled developments for the month of July and ahead. Here’s a brief report on what the Telegram-based P2E game promises to bring to its users in the future.
TGE & Token In-game Utility: What’s The Scoop? Hamster Kombat’s official site reveals one of the most vital updates for the project in July. Notably, the TGE (Token Generation Event) and in-game utility for the token are set to be unveiled this month.This means users might see a Hamster Kombat token airdrop in the coming days, expected to occur on the TON blockchain.Meanwhile, upon playing the game on Telegram, one can clearly see that the ‘airdrop’ tab says that the listing is underway. Users might have to complete specific tasks to participate in the airdrop, as mentioned on the site. One such task on the platform was connecting users’ TON wallet to Hamster Kombat. However, more tasks are expected to be rolled out in the coming days.Further, in-game utility for the token, referring to the various use cases of a token within a GameFi ecosystem, is to be revealed this month. This offers increased user appeal, in turn aiding the project in gaining significant traction across the industry.
🌎 How to get green ✅ at the left corner at pixelvers bot? 🌎 ⏩ Complete at least one combo of the day. ⏩Play at least 10 battles in the Fight section (or 5 victories, we don’t know for sure) ⏩ In the Rewards section you need to complete the task - Join the telegram channel. Unofficial the green tick ✅ is mandatory for airdrop, as soon as we know more I will inform you ,but for now a tick is needed to receive an airdrop. Maybe in the future will just be additional income from some new mechanics. I hope I explained some things about Pixelverse airdrop.. everything else you can find in the offical Pixelverse channel
🌎 Help and explanation about pixelvers Airdrop 🌎 In the next post-s, I will tell you how to be 100 % sure that you are eligible for the Pixelverse airdrop, I made some research i hope wee alđ get good profits .. The Pixelverse (PIXFI) airdrop is expected to happen sometime in late June ahead of the token generation event (TGE) in July 2024 📣 To earn more airdrop points, do this: ➡️Create an account on the Pixelverse dashboard. You will receive 500 PIX points for just signing up. ➡️Complete your avatar and connect your social media accounts. ➡️Connect your trust,okx,bybit 🌐🌐 ➡️Earn more points by participating in a variety of in-game activities such as team battles, bot maintenance, trading, and battle predictions. ➡️Log every Day look your pets and get rewards ➡️Next post Another big topic is how to get the Greene tick 👌 which is necessary for TG borr airdrop!
Legit GALA well-known for its games and entrainment , Blockchain, token already listed on many exchanges has announced Treasure Tapper Game Launching on Gala Chain And TON chain ❤️💎
New big project from Sidius TON STATION from Sidus Heroes.
😮 Sidus partners: Mr.Beast , Linea , Animoca Brands , Polygon , DWF Labs and 150+ other companies.
5 days now is launched and have More 3,000,000 users !😳
SIDUS HEROES is a Web3 gaming ecosystem based on cutting-edge technology, with a large team of developers with years of experience creating gaming products and DeFi. Sidus is expanding and creating its own telegram farm - Ton Station!🚀💎
Farm the $ SOON token every 8 hours by simply pressing the "Farm" button, Pile up your $SOON tokens.Complete tasks.
👀 Use the Referral Program. 15 only referrals till July 9, then - a limit of 5.