Crypto News
Bitcoin, Ethereum ETF Swoon Likely Temporary Blip Before Next Surge: Analysts
The funds have had outflows as the prices of their underlying assets have declined.Source link
SEC Says Liquid Staking Doesn’t Run Afoul of Securities Laws
Participants in liquid staking, including depositors and providers, do not need to worry about securities law disclosures, the U.S. Securities and Exchange Commission said in a staff statement on Tuesday. The statement, published by the Division of Corporation Finance, is specific to liquid staking, where participants deposit "covered crypto assets" into a third-party staking protocol provider, which in turn provides receipt tokens to the depositors. Liquid staking allows users to lock up tokens in proof-of-stake blockchains while still maintaining access to their funds through derivative tokens. These tokens can then be used for various DeFi activities. Currently, liquid staking across all blockchains has nearly $67 billion in total-value-locked (TVL), with $31.7 billion in Lido, according to DefiLlama data. Tokens tied...
SEC Says Certain Liquid Staking Models Not Securities
The U.S. Securities and Exchange Commission’s (SEC) Division of Corporation Finance said Tuesday that certain “liquid staking” activities in the crypto sector do not constitute securities transactions under federal law. SEC: Liquid Staking Safe From Registration if Kept Simple In a new statement, the SEC’s corporate finance unit clarified its stance on a specific formSource link
This Coinbase-Listed Crypto Is Taking Off—With a Little Help From Ethereum: Analysis
Mantle, "the largest ETH-backed treasury amongst Web3 entities," is surprising traders today in an otherwise down market.Source link
OpenAI Drops Two Open Source AI Models That Run Locally and Match Premium Offerings
The gpt-oss-120b and gpt-oss-20b models are OpenAI's first open-weight language releases since GPT-2, with the smaller version needing just 16GB of memory to operate.Source link