Friday, March 29, 2024
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As Multichain (MULTI) Wobbles, Some Fantom (FTM)-Based DeFi Projects Flee Bridged Tokens

On Wednesday, the decentralized exchange (DEX) Beethoven X sent $300,000 in treasury stablecoins from Fantom to Ethereum; protocol builder Byte Masons did the same with ether (ETH) and USD coin (USDC) it used in trading pools. Earlier this week, DeFi yield farm Beefy sent $200,000 in tokens owned by Binance

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A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities

The distinction is important because today, unlike the initial coin offerings (ICOs) of the past, many development teams that are interested in launching a token in the U.S. raise funds in SEC-compliant securities offerings using Regulation D (Reg D) offerings, an exemption from SEC registration typically associated with a public

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