SEC vs. Uniswap Labs begins
The SEC has issued a Wells Notice to the popular decentralised exchange platform Uniswap Labs.
Uniswap founder Hayden Adams seems to be very angry about this, but he will have to fight a legal battle, so he has announced that he will fight all the way to the Supreme Court.
Uniswap's native token, UNI, has definitely suffered losses in the market; it has just been hit by the SEC's bears.
- Statement by Uniswap
- Statement by Hayden Adams
- Statement by Uniswap's CLO Marvin Ammori
OTHER NEWS
FDUSD released on SUI
Hongkong regulated stablecoin FDUSD will now also be launched on the Sui blockchain.
० On FDUSD: FDUSD is Binance's main stablecoin, it was initially launched on Ethereum, later Binance expanded it on BNB chain too.
० On SUI: SUI is 3rd Network for FDUSD, but FDUSD is the first stablecoin for SUI.
KuCoin India TDS Problem
Starting April 10, Indian users will be charged TDS.
• TDS is applied on - Selling in INR pairs, Buy & Sell in Crypto to Crypto pairs, P2P
• No TDS on Crypto Deposit & Withdrawal, Futures.
India users are deciding to quit KuCoin, as no one is willing to pay 1% on every trading movement.
Vitalik as Keynote Speaker for Coinbase
Vitalik Buterin will be the keynote speaker of Coinbase's Machine Learning and Blockchain Research Summit 2024. This is good for both Coinbase and Ethereum.
WOOX Wintermute GMCI partnership for IPC
WOO Exchange has partnered with Wintermute Exchange and GMCI, following this partnership WOOX will launch three types of IPC (Index Perpetual Contracts) –
- GMCI 30: An index covering the top 30 crypto assets.
- GMCI L2: An index tracking leading Layer 2 blockchain technologies.
- GMCI Memes: An index tracking the top memecoins.
International Incident
The US government will look into the matter of Brazil vs. X relations regarding Dogefather Elon Musk. The DOGE community is supporting Musk, while Crypto World is less bothered because Musk doesn't take action against crypto scam ads.
