CFTC and SEC may spat over KuCoin issue
The CFTC (Commodity Futures Trading Commission) and the US Department of Justice (DoJ) have charged KuCoin with illegally running a digital asset futures exchange. This will lead to a disagreement between the CFTC and the SEC.
To bolster its case against Kucoin, the CFTC designated BTC, ETH, LTC, and stablecoins as "commodities," but the SEC classifies the majority of cryptos (including ETH) as securities.
There is a conflict within the CFTC itself. Caroline Pham, a CFTC commissioner, has described the claims against KuCoin as a violation of the SEC's jurisdiction.
OTHER NEWS
EARN
Active:
- Gate P2P Cashback: GateIo is giving 20% cash back to first-time P2P traders trading between March 26 and April 27.
- Kucoin Easter giveaway: KuCoin is offering $1k giveaway to 100 wimners of Easter campaign, late date is April 1.
Passive :
- 50th Binance Launchpool ENA: Binance's 50th Launchpool project Ethena (ENA) has been announced.
Fun Way:
- Rewarding Game: Gateio is offering reward to share the April Fool's Prank of White Lies, ending on April 1 at 15:59 (UTC).
Hack / Scam / Fraud
LIKE Memecoin Rugpull: Creator of $LIKE memecoin has been disappeared after successfully raising 52K Sol for the $LIKE presale.
BITCOIN
Brazil Bitcoin Futures : Starting April 17, Brazilian stock exchange B3 will offer Bitcoin futures pegged on Nasdaq BTC price.
Altcoins & Blockchains
- Arbitrum: The Arbitrum Foundations Grants Programme is transitioning from Phase 2 to Phase 3.
- Cardano Girls: On 29th March, suddenly Twitter saw a number of girls' accounts sharing Videos and Images with CardanoGirls hashtag.
MEMECOINS
- WIF: WIF has surpassed PEPE and is now the third largest Memecoin, trailing only DOGE and SHIB.
- Vitalik's Praise : Vitalik Buterin has praised the Memecoin culture, especially Charity and GameFi based tokens.
