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July 7, 2023

Coinbase Knew It May Have Been Violating the Law Prior to the SEC's Lawsuit, Regulator Claims

Coinbase Knew It May Have Been Violating the Law Prior to the SEC’s Lawsuit, Regulator Claims

[ad_1] “Coinbase, a multi-billion-dollar entity advised by sophisticated legal counsel, argues it was unaware that its conduct risked violating the federal securities laws, and suggests that by approving Coinbase’s registration statement in 2021 the SEC confirmed the legality of Coinbase’s underlying business activities – at that time and for all time,” the SEC said in […]

Open-source advocates launch OP Stack testnet to fund public goods

Open-source advocates launch OP Stack testnet to fund public goods

[ad_1] Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer fees” on public goods instead of paying them out to the development team or token holders, according to an announcement from the network’s developers. In economics, a “public good” is a good that cannot […]