The crypto industry's ongoing battle with the Securities and Exchange Commission escalated as Consensys, a key supporter of the Ethereum blockchain, lodged a lawsuit in a Texas federal court on Thursday. The filing aims to preempt a potential SEC lawsuit regarding aspects of its MetaMask wallet, while also seeking clarity on whether Ethereum's Ether token qualifies as a security, a significant legal ambiguity for the crypto sector.
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A rare satoshi, dubbed an "epic sat," mined from the fourth Bitcoin halving block, sold for $2.13 million on CoinEx Global. This smallest Bitcoin unit holds intrinsic collectible value, with the auction attracting 34 bids before closing.
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Driven by burgeoning interest in Runes, the Bitcoin network surged past 926,000 daily transactions, marking a notable milestone. This surge coincided with the introduction of Bitcoin Runes, a novel protocol facilitating fungible token issuance on the Bitcoin network. Runes, constituting a staggering 68% of all Bitcoin transactions, have witnessed a total of 3.6 million transactions executed by investors.
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Eminem, the renowned global music sensation, shared a fresh Crypto.com advertisement on X. They revealed that the ad is set to debut this Saturday during the NBA Playoff game featuring the Los Angeles Lakers at the Arena.
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The listing of the Franklin Templeton Ethereum spot ETF on the DTCC website doesn't ensure SEC approval of the S-1 filing for a spot Ether ETF. While Franklin Templeton has launched its Ethereum ETF, EZET, and it's available for creation and redemption, approval from the SEC for a spot Ether ETF is a separate process.
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