Crypto Staking Doesn’t Violate Securities Law, SEC Says
The SEC clarified that crypto staking under certain conditions does not violate securities law, treating it similarly to mining. This provides regulatory clarity for staking services and operators.
Algorand [ALGO] eyes $0.31 – But THIS says ‘not so fast’
![Algorand [ALGO] eyes alt=](https://i0.fifu.app/feed.blockbeatdaily.com/d34939e82c30/algorand-algo-eyes-0-31-but-this-says-not-so-fast.webp?w=1024&h=1024&c=0&p=105335&u=aHR0cHM6Ly9hbWJjcnlwdG8uY29tL3dwLWNvbnRlbnQvdXBsb2Fkcy8yMDI1LzA1L0VFODIxMzg3LUU2QzktNEMyMS1BMkFDLTg0Qzk4MzI0OEQyRi0xMDAweDYwMC53ZWJw "Algorand [ALGO] eyes alt=")
Algorand processed 1M+ transactions with 30% active address growth, yet ALGO price dropped 0.45%. Despite bullish chart potential, weak momentum and retail selling pressure hinder upward movement.
Sui Validators Vote 90% In Favor of Recovery Plan After Cetus Hack
Sui validators voted 90% in favor of a recovery plan after the Cetus hack, enabling frozen funds to be moved to a multi-signature wallet for eventual user reimbursement.
Solana (SOL) Faces Renewed Selling — Will Support Levels Hold?
The article discusses Solana (SOL) facing renewed selling pressure and examines whether key support levels will hold, with insights from expert Aayush Jindal.
Dogecoin Supply In Profit Hits 77.9%, But XRP, BTC Far Ahead
On-chain data reveals 77.9% of Dogecoin supply is in profit, trailing Bitcoin (98.4%) and XRP (90%). Ethereum lags at 71.5%. High profitability may increase sell pressure but doesn’t guarantee a market top.
HyperLiquid Trader Liquidated for $100 Million After Bitcoin Bet Unravels – Decrypt
A crypto trader lost $100 million after a highly leveraged Bitcoin bet on Hyperliquid unraveled, despite minimal price volatility. The trader, known for high-risk strategies, had built a 40x long position.
Base briefly nears 1,000 TPS, making it speed competitive with Solana
Coinbase’s layer-2 blockchain Base briefly reached nearly 1,000 TPS, rivaling Solana’s speed. The spike was driven by a token launch on the AI platform Virtuals, though Base’s typical TPS is much lower.
Ripple USD Accelerates: 0 Fees, 140+ Onramps, 15K RLUSD Reward Storm – Exchanges Bitcoin News
Ripple’s RLUSD stablecoin is rapidly expanding with new listings, zero-fee campaigns, and 140+ fiat onramps, driving adoption among institutions and retail users. A 15K RLUSD reward program further boosts engagement.
Bank of Russia Approves Crypto Investments for Qualified Investors
Russia’s Central Bank allows qualified investors to trade crypto-linked financial instruments, with strict risk controls. The move is part of broader efforts to regulate digital assets while maintaining opposition to direct crypto investments.
US Sanctions Filipino Tech Company for Aiding $200M in Crypto Scams – Decrypt
The U.S. sanctioned Funnull Technology Inc. and its administrator for aiding $200M in crypto scams, including pig-butchering schemes, phishing, and fraudulent websites targeting Americans.
