Crypto News

Another Publicly Traded Company Is Starting a Bitcoin Treasury

Biotech firm Atai is the latest publicly traded company to announce a Bitcoin treasury strategy, starting with a $5 million buy.Source link

Proof-of-Work Crypto Mining Doesn’t Trigger Securities Laws, SEC Says

Proof-of-work cryptocurrency mining does not trigger federal securities laws, according to a Thursday staff statement from the U.S. Securities and Exchange Commission (SEC) which told mining operators they do not need to register their transactions with the regulator.The statement, published by the SEC’s Division of Corporation Finance, declared that both solo proof-of-work crypto mining and pooled proof-of-work crypto mining do not meet the definition of a securities transaction under the Howey Test — the legal framework used to determine whether a transaction represents an investment contract — because they are “not undertaken with a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others.”The statement puts to rest any lingering fears that the SEC’s enforcement division...

XRP News: XRPTurbo Presale Rages On As Ripple Investors Flock To Secure $XRT At A Discounted...

This content is provided by a sponsor. In the latest XRP news, XRPTurbo’s token presale is racing toward the finish line with less than 10 days remaining. Investors are flocking to secure $XRT tokens before this presale window closes. XRPTurbo, an AI-driven launchpad on the Ripple blockchain ( XRP Ledger), has allocated 60% of itsSource link

Uniswap Foundation Gets $177 Million in Funding as Ethereum DeFi Users Await Fee Sharing

More than 80% of governance participants voted in favor of two new proposals that will fund the Uniswap Foundation's initiatives.Source link

Canary Capital Seeks SEC Approval for ETF Holding PENGU and Pudgy Penguins NFTs

Crypto asset manager Canary Capital has filed for SEC approval to launch an ETF containing both Pudgy Penguins NFTs and the PENGU token.Source link