Federal Judge Jed Rakoff for the Southern District of New York on Monday denied Terraform Labs' motion to dismiss the SEC's charges, saying the SEC adequately demonstrated its jurisdiction and "made a reasonable argument" that TerraUSD (UST) and LUNA may have violated securities laws. In addition, Jed Rakoff also rejected the ruling of Judge Analisa Torres, who recently ruled that Ripple Labs provided XRP to retail investors in the secondary market and did not violate securities law...

Federal Judge Jed Rakoff for the Southern District of New York on Monday denied Terraform Labs' motion to dismiss the SEC's charges, saying the SEC adequately demonstrated its jurisdiction and "made a reasonable argument" that TerraUSD (UST) and LUNA may have violated securities laws. In addition, Jed Rakoff also rejected the ruling of Judge Analisa Torres, who recently ruled that Ripple Labs provided XRP to retail investors in the secondary market and did not violate securities law...

The U.S. House of Representatives Financial Services Committee approved the Republican-led Financial Innovation and Technology for the 21st Century Act in a 35-15 vote. The legislation would establish rules for when cryptocurrency companies must register with the SEC or CFTC. It provides a process for digital asset issuers to certify to the SEC that a blockchain network is sufficiently decentralized, which would allow the associated token to be classified as a commodity regulated by the CFTC....

The U.S. House of Representatives Financial Services Committee approved the Republican-led Financial Innovation and Technology for the 21st Century Act in a 35-15 vote. The legislation would establish rules for when cryptocurrency companies must register with the SEC or CFTC. It provides a process for digital asset issuers to certify to the SEC that a blockchain network is sufficiently decentralized, which would allow the associated token to be classified as a commodity regulated by the CFTC....

The general availability of the Access and Query features provided by Amazon Managed Blockchain (AMB) has been expanded. This extension allows users to enhance their application development process by leveraging the provisioned blockchain infrastructure provided by AMB. The launch of AMB Access significantly improves its node offering by providing serverless and scalable access to the blockchain. Developers are able to use digital assets and distributed applications across various blockchains...

The general availability of the Access and Query features provided by Amazon Managed Blockchain (AMB) has been expanded. This extension allows users to enhance their application development process by leveraging the provisioned blockchain infrastructure provided by AMB. The launch of AMB Access significantly improves its node offering by providing serverless and scalable access to the blockchain. Developers are able to use digital assets and distributed applications across various blockchains...

HUAWEI CLOUD Web3.0 node engine service NES is launched on the international station for public testing. At present, the Web3.0 node engine service provides a full-node service with full hosting capabilities, helping DApp developers and network verifiers to achieve fast, stable and efficient network connections. Currently, the service supports Ethereum and TRON networks, and plans to support Polygon, Arbitrum, Starknet, Optimism, etc. in the future. Currently only the "Asia-Pacific-Singapore"...

HUAWEI CLOUD Web3.0 node engine service NES is launched on the international station for public testing. At present, the Web3.0 node engine service provides a full-node service with full hosting capabilities, helping DApp developers and network verifiers to achieve fast, stable and efficient network connections. Currently, the service supports Ethereum and TRON networks, and plans to support Polygon, Arbitrum, Starknet, Optimism, etc. in the future. Currently only the "Asia-Pacific-Singapore"...

According to monitoring by Ember, an on-chain data analyst, the Golem Foundation deposited 98,016 ETH (approximately US$183 million) into ETH PoS pledges from last night to this morning. These ETHs are all part of the 820,000 ETHs that Golem raised in its 2016 ICO. Golem raised 820,000 ETH on November 11, 2016. Based on the ETH price ($10.4) at that time, the fundraising amounted to $8.52 million. The conversion ratio is 1 ETH: 1000 GNT (the contract will be renamed GLM in 2020), and the unit...

According to monitoring by Ember, an on-chain data analyst, the Golem Foundation deposited 98,016 ETH (approximately US$183 million) into ETH PoS pledges from last night to this morning. These ETHs are all part of the 820,000 ETHs that Golem raised in its 2016 ICO. Golem raised 820,000 ETH on November 11, 2016. Based on the ETH price ($10.4) at that time, the fundraising amounted to $8.52 million. The conversion ratio is 1 ETH: 1000 GNT (the contract will be renamed GLM in 2020), and the unit...

Ripple will partner with Seoul-based Catalyze Research to raise awareness of the XRP Ledger (XRPL). Ripple and Catalyze Research will develop an XRPL educational program for developers, and both parties will host workshops, meetups and hackathons to help integrate decentralized applications (dApps) on the XRPL platform. It is reported that compared to other countries, South Korea has seen an increase in XRP transaction volume several times. From January to May, XRP was the most traded cryptoc...

Ripple will partner with Seoul-based Catalyze Research to raise awareness of the XRP Ledger (XRPL). Ripple and Catalyze Research will develop an XRPL educational program for developers, and both parties will host workshops, meetups and hackathons to help integrate decentralized applications (dApps) on the XRPL platform. It is reported that compared to other countries, South Korea has seen an increase in XRP transaction volume several times. From January to May, XRP was the most traded cryptoc...

Apple, Nvidia, Pixar, Adobe, and Autodesk have joined forces to form the OpenUSD Alliance (AOUSD). Several of the companies weren't talking specifically about the "Metaverse" at their launch event, but they are promoting one of the key features of the Open Metaverse -- interoperability between 3D tools and data. OpenUSD is an open data format developed by Pixar Animation Studios that allows teams to collaborate on large-scale 3D workflows and share 3D objects and environments that can be...

Apple, Nvidia, Pixar, Adobe, and Autodesk have joined forces to form the OpenUSD Alliance (AOUSD). Several of the companies weren't talking specifically about the "Metaverse" at their launch event, but they are promoting one of the key features of the Open Metaverse -- interoperability between 3D tools and data. OpenUSD is an open data format developed by Pixar Animation Studios that allows teams to collaborate on large-scale 3D workflows and share 3D objects and environments that can be...

According to the public account of lawyer Liu Honglin, founder of Shanghai Mankiw Law Firm, several core members of a well-known domestic DAO organization were arrested in many places in China at the same time. It should be investigated by the police for issuing tokens within the DAO organization and conducting member incentives. This may be the first DAO organization suspected of criminal offenses in China. At present, the Mankiw lawyer team has accepted the entrustment to provide criminal l...

According to the public account of lawyer Liu Honglin, founder of Shanghai Mankiw Law Firm, several core members of a well-known domestic DAO organization were arrested in many places in China at the same time. It should be investigated by the police for issuing tokens within the DAO organization and conducting member incentives. This may be the first DAO organization suspected of criminal offenses in China. At present, the Mankiw lawyer team has accepted the entrustment to provide criminal l...

The National Bank of Ukraine (NBU) has asked four local cryptocurrency companies (Kuna, CoinPay, GEO Pay, and Qmall) to provide financial statements for the first two quarters of 2023. NBU requires cryptocurrency businesses to provide financial statements within 7 days. According to the document, the NBU also requires cryptocurrency businesses to provide operating volume data and information on receipt and transfer of funds. The NBU also requires Ukrainian cryptocurrency companies to issue st...

The National Bank of Ukraine (NBU) has asked four local cryptocurrency companies (Kuna, CoinPay, GEO Pay, and Qmall) to provide financial statements for the first two quarters of 2023. NBU requires cryptocurrency businesses to provide financial statements within 7 days. According to the document, the NBU also requires cryptocurrency businesses to provide operating volume data and information on receipt and transfer of funds. The NBU also requires Ukrainian cryptocurrency companies to issue st...

According to Token Unlocks data, 7 encryption projects will unlock tokens this week, with a total release value of about 26.9 million US dollars. dYdX (DYDX) will unlock 6.52 million tokens at 23:00 on August 1, worth about $13.5 million; Acala (ACA) will unlock approximately 27.43 million tokens at 15:00 on August 1st, worth approximately US$1.8 million; Euler (EUL) will unlock about 156,000 tokens at 19:42 on August 2, worth about $420,000; Nym (NYM) will unlock about 3.13 million tokens, w...

According to Token Unlocks data, 7 encryption projects will unlock tokens this week, with a total release value of about 26.9 million US dollars. dYdX (DYDX) will unlock 6.52 million tokens at 23:00 on August 1, worth about $13.5 million; Acala (ACA) will unlock approximately 27.43 million tokens at 15:00 on August 1st, worth approximately US$1.8 million; Euler (EUL) will unlock about 156,000 tokens at 19:42 on August 2, worth about $420,000; Nym (NYM) will unlock about 3.13 million tokens, w...

Messari released the BNB Chain 2023 second quarter report. The report shows that the number of daily active addresses and transaction volume of BNB Chain increased by 25.6% and 24.4% respectively. This growth was primarily driven by increased LayerZero activity. The average daily active addresses of BNB Chain reached about 1.4 million. BNB Chain’s market value fell 25.2% after the SEC accused BNB of being a security in its regulatory actions against Coinbase and Binance. After the BSC validat...

Messari released the BNB Chain 2023 second quarter report. The report shows that the number of daily active addresses and transaction volume of BNB Chain increased by 25.6% and 24.4% respectively. This growth was primarily driven by increased LayerZero activity. The average daily active addresses of BNB Chain reached about 1.4 million. BNB Chain’s market value fell 25.2% after the SEC accused BNB of being a security in its regulatory actions against Coinbase and Binance. After the BSC validat...

According to IOST official news, IOST today officially announced the roadmap for the second half of 2023 - the Blazing Sun Project. In the second half of the year, IOST will continue to promote the upgrade of the main network and open more APIs to make it more friendly to developers, expand and improve the multi-chain ecology, launch a multi-chain governance solution, and accelerate the ecological construction of EVM and AI sub-chains and Web3 +Incubation and landing of AI, RWA and other proj...

According to IOST official news, IOST today officially announced the roadmap for the second half of 2023 - the Blazing Sun Project. In the second half of the year, IOST will continue to promote the upgrade of the main network and open more APIs to make it more friendly to developers, expand and improve the multi-chain ecology, launch a multi-chain governance solution, and accelerate the ecological construction of EVM and AI sub-chains and Web3 +Incubation and landing of AI, RWA and other proj...