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The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions.

It’s crunch time as firms are grappling with the SEC’s seemingly sudden shift in potentially approving spot ether exchange-traded funds. 

A wave of positive regulatory developments for crypto could be coincidence. Or they could be the Biden Administration reacting to Donald Trump’s recent embrace of the industry.

Uniswap Labs moved Tuesday to quash a looming regulatory battle over Ethereum’s dominant decentralized crypto exchange, imploring the Securities and Exchange Commission in legal filings that its planned lawsuit wasn’t worth the fight.

Farcaster co-founder Dan Romero said the firm will double down on growing daily active users and adding developer primitives for the rest of 2024.

Crypto exchanges have been told by SEC that the agency it’s leaning towards approving spot ethereum ETFs.

The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.

The digital wallet associated with the Gala Games exploit transferred out 5,913.2 ETH, valued at $22.5 million, on-chain data shows.

The recent optimism surrounding spot ether exchange-traded funds signals comes at an opportune moment for bitcoin, an analyst said.

Dan Romero’s Farcaster made waves earlier this year with the introduction of “Frames,” a feature allowing apps to run within posts, so users don’t have to click off to another site.