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US Court gave strong message by dismissing lawsuit against Uniswap

1 Sep 2023 1 minute read 4 comments Yugocean

     Judge Katherine Polk Failla, the federal judge of the South District of New York court, has dismissed a class action lawsuit against Uniswap, this will create  more changes. Decentralised platform is Not Guilty      The lawsuit charged Uniswap...

Coinbase and Circle on USDC

23 Aug 2023 1 minute read 0 comments Yugocean

     CEOs of Coinbase and Circle, Jeremy Allaire and Brian Armstrong, have agreed to keep working together commercially while handing Circle full control over USDC. USDC Governing       USD Coin (USDC) is a US dollar-backed multi-blockchain stablec...

SEC upset as Coinbase registered with CFTC as FCM firm

21 Aug 2023 1 minute read 0 comments Yugocean

     Coinbase has thrown out a bizarre challenge to the SEC by registering with the CFTC as an FCM (Futures Commission Merchant). FCM Coinbase      Registering with the commodities regulator CFTC, Coinbase has become the first crypto firm to receiv...

Coinbase launches in Canada

15 Aug 2023 1 minute read 0 comments Yugocean

     The US's largest crypto company, Coinbase, has today officially launched in the world's second-largest country, Canada. The Canadian market is ready for Coinbase      Sometime back, the world's largest exchange, Binance, left Canada; since the...

BASE Network becomes center of attraction for NFTs

14 Aug 2023 1 minute read 5 comments Yugocean

     Layer-2 network "Base", developed by crypto giant Coinbase, becomes the focus of firms during its first event, "Onchain Summer," to launch NFT. Online companies in BASE      Digital giants are issuing their non-fungible tokens (NFTs) on Base....

SEC Down against Strong but Not out against Weak

11 Aug 2023 1 minute read 4 comments Yugocean

     The arrogance of the SEC is falling in the present circumstances, but it looks like a sign of desperation, and the SEC is in a quandary.  Giggle on Coinbase      Since the SEC does not have any clear regulation, it has given the Coinbase case a...

Coinbase's Base mainnet is set to be launched

5 Aug 2023 1 minute read 2 comments Yugocean

.    Base is a low-cost, safe, and scalable Ethereum layer-2 network developed by Coinbase. The base was launched on February 23, and mainnet is set to launch on August 9. Beneficial Base for Coinbase users      Base is anticipated to make getting...

SEC is Losing Coinbase case after Ripple verdict

18 Jul 2023 1 minute read 2 comments Yugocean

     The Ripple case ruling is still hot, the SEC has already starting to lose the Coinbase case as well. Consider that the ripple case has weakened the SEC itself. Judge Questions SEC on Coinbase IPO      Even though the dispute between the SEC an...

Is unity possible in the crypto industry?

8 Jun 2023 1 minute read 1 comment Yugocean

     The overreaction of the SEC could have new consequences in the crypto world. The biggest result of this will be unity in the crypto industry, established as rivals of each other. Disputed Competition in the Crypto Industry      The crypto world...

SEC Direct Proceedings Against The Crypto Industry

7 Jun 2023 1 minute read 0 comments Yugocean

     The US Securities and Exchange Commission (SEC), led by Gary Gensler, launched a direct attack on the crypto world. Binance hit      This time, the SEC has filed a lawsuit against the world's largest exchange, Binance.      After this, over $7...