The #US regulator, the #SEC, filed a lawsuit against Coinbase last month, classifying its #staking service and several of the #tokens it lists as "securities." On the same day, securities institutions in ten states also started their own proceedings against #Coinbase.
Kusama also emphasized that a large-scale technical document called "#Worldpaper" will be published. Details of the new token called "#Treat" will also be shared for the first time at the event.
Focusing on decentralized identity technology, #Nuggets plans to design a private and secure system to prevent transaction tracking, fraud, and money laundering.
Crypto lending firm #Celsius may begin selling its holdings in #Cardano (ADA), #Polygon (MATIC), #Solana (SOL), and some other #altcoins from July 1, following the approval of the judge overseeing the bankruptcy proceedings.
According to court documents from last December, Celsius had 90 million #MATIC, 103 million #ADA, 161,000 #SOL, 3.3 million #LINK, 1.8 million Polkadot (#DOT), 200,000 Litecoin (#LTC), and 106,000 #AAVE in its wallet as of November 25, 2022.