What’s new in the crypto market over the past 24 hours? We list the main events in the world as briefly as possible.
Meanwhile, there are positive developments from the U.S. — the U.S. Republican Party presented a bill with a clear definition of cryptocurrencies for discussion yesterday. If it is passed, then most of the accusations from the SEC will become meaningless. It is already clear that the political conflict between Democrats and Republicans is evident even in crypto.
In addition to a direct attack on exchanges, the SEC also claims the following coins are securities in a lawsuit against Coinbase:
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#SOL, #ADA, #MATIC, #FIL, #SAND, #AXS, #CHZ, #FLOW, #ICP, #NEAR, #VGX, #DASH, and #NEXO.
Yesterday’s lawsuit against Binance included a slightly different list:
#BNB, #BUSD, #SOL, #ADA, #MATIC, #FIL, #ATOM, #SAND, #MANA, #ALGO, #AXS, and #COTI.
Theoretically, this should cause these coins to delist on all US exchanges, such as Kraken. The price of these coins has already fallen by 5-9% on average, but in the case of massive delisting, they will lose even more.
Overall, the market is taking the intense FUD pretty well; Bitcoin has only lost 4% since the start of this unprecedented double attack by the SEC.
Nautilus Chain is a modular L3 blockchain that will be compatible with Cosmos via IBC. Among the interesting features are ZK support, increased security, scalability, and high speed. According to Project Annonce, the new blockchain is ideal for the next generation of DeFi, and he is trying to replace existing payment systems built on Web2 and Web3.
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