DeFi
The SEC delivering a Wells notice to Uniswap Labs marks the regulator’s largest decentralized target to date, industry participants said.
Tech
Crypto-specific points programs are still in their infancy and yet have become increasingly popular as a way for crypto protocols to reward and track the engagement of their early adopters.
The announcement of Transporter comes as CCIP has generated about $422,000 in revenue since the start of 2024, a Dune dashboard created by Chainlink node operator LinkPool shows.
Business
Regulation
The SEC warned Uniswap Labs of an impending enforcement action in a Wells notice on Wednesday. The DeFi protocol’s founder Hayden Adams said he was disappointed, but not surprised.
Solana
Marginfi CEO Edgar Pavlovsky has resigned from his role, saying he doesn’t agree with “the way things have been done internally and externally.”
The crypto project’s token has fallen by 30% over the past 30 days.
It’s especially important for last-minute filers to understand how crypto assets are taxed and make sure they’re filing everything correctly.
Bitcoin
The magnitude of spot trade volume is equivalent to the levels seen during the 2020 to 2021 bull market, said analysts at Glassnode.
A new incentive structure that rewards validators with more credits for processing transactions quicker could speed up block confirmations on Solana.