SEC - Page 2

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Bullish SEC (BULLSEC) Solana Memecoin Will Explode Over 11,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

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Bullish SEC could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Bullish SEC (BULLSEC), a new Solana memecoin that was launched today, is set to explode over 11,000% in price in the coming days.

This is because BULLSEC is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Bullish SEC can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Bullish SEC could become the next viral memecoin.

Bullish SEC launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

How to Buy

To buy Bullish SEC on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Bullish SEC by entering its contract address – cz6tp6TPE2zd77iqbrTCD9q4aiZJjUZ4AwpvyZqzsWG – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like BULLSEC.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Consensys CEO Claims SEC Will Dismiss or Settle Crypto Cases

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The legal conflicts between cryptocurrency firms and the United States Securities and Exchange Commission (SEC) may ease with Donald Trump’s reelection as the 47th president, Consensys CEO Joe Lubin suggested.

“So my guess is, in a way that is not embarrassing, they figure out ways to get the cases dismissed or settled, or something like that,” Lubin said during an interview with Cointelegraph at DevCon 2024 in Thailand.

“Maybe not all the cases, maybe not all elements of the case, but I have a feeling that our industry is going to save hundreds of millions of dollars going forward,” he added.

Lubin’s remarks follow Trump’s victory in the Nov. 5 presidential election, a development welcomed by the crypto sector due to his pro-crypto campaign promises.

Trump’s Pro-Crypto Agenda

One of Trump’s key pledges was to dismiss SEC chair Gary Gensler on his first day in office.

“There is also growing optimism that Trump will fill his cabinet with ‘pro-crypto’ individuals,” Lubin noted.

Lubin believes Trump’s transition team is “moving aggressively,” describing the former president as “a pretty good politician” who “picks up on the zeitgeist and runs with it.”

Consensys’ Legal Battle

Lubin also discussed Consensys’ lawsuit against the SEC, filed in April, accusing the agency of seeking to regulate Ether (ETH) as a security.

“Our lawsuit lit a fire. That fire was picked up by law,” Lubin stated.

He alleged that the SEC attempted to differentiate Ethereum 2.0 from the original Ether, arguing the former was a security.

Although a Texas federal judge dismissed Consensys’ lawsuit in September, a separate SEC case against the company—alleging it operated as an unregistered broker through MetaMask Swaps—remains ongoing.

Industry Criticism

Coinbase CEO Brian Armstrong recently called for the next SEC chair to apologize for the agency’s harm to the cryptocurrency space.

Bullish SEC (BULLSEC) Memecoin Will Explode Over 11,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

//

Bullish SEC could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Bullish SEC (BULLSEC), a new Solana memecoin that was launched today, is set to explode over 11,000% in price in the coming days.

This is because BULLSEC is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Bullish SEC can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Bullish SEC could become the next viral memecoin.

Bullish SEC launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

How to Buy

To buy Bullish SEC on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Bullish SEC by entering its contract address – cz6tp6TPE2zd77iqbrTCD9q4aiZJjUZ4AwpvyZqzsWG – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like BULLSEC.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

NYSE Arca Submits SEC Request to List Bitwise ETP Offering Exposure to 10 Cryptocurrencies

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NYSE Arca has submitted a request to the United States Securities and Exchange Commission (SEC) to list an exchange-traded product (ETP) managed by Bitwise Asset Management, offering exposure to a basket of 10 cryptocurrencies.

Bitwise announced on Nov. 15 that NYSE Arca filed a 19b-4 form to list the Bitwise 10 Crypto Index Fund (BITW) as an ETP.

The fund includes allocations to 10 major cryptocurrency assets, including Bitcoin, Ether, Solana, XRP, Cardano, Avalanche, Bitcoin Cash, Chainlink, Uniswap, and Polkadot.

As of Oct. 31, 2024, the fund’s composition features 75.1% Bitcoin, 16.5% Ether, 4.3% Solana, and 1.6% XRP, with the remaining assets each accounting for less than 1% of holdings.

Bitwise CEO Hunter Horsley emphasized that ETPs are the “most efficient, convenient, and useful vehicles for providing crypto exposure.”

He reiterated Bitwise’s commitment to converting the fund into an ETP structure.

The company noted that ETPs offer regulatory protections and enhanced shareholder efficiency.

An ETP would allow ongoing subscriptions and redemptions, creating an arbitrage mechanism to ensure secondary market trading remains closely tied to its net asset value (NAV).

This filing is part of Bitwise’s broader strategy to transition its $1.3 billion trust into an ETP framework.

Bloomberg analyst Eric Balchunas remarked that the timing of the filing aligns with recent political developments.

He noted, “A Donald Trump-elected SEC chair would make ‘anything’ possible,” though he cautioned that approval is not guaranteed, adding, “the space needs more intel.”

The move also follows NYSE Arca’s separate filing to list the Grayscale Digital Large Cap Fund as an ETF on Oct. 29.

That fund similarly includes a portfolio of spot cryptocurrencies such as Bitcoin, Ether, Solana, XRP, and Avalanche.

Bullish SEC (BULLSEC) Will Explode Over 11,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

//

Bullish SEC could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Bullish SEC (BULLSEC), a new Solana memecoin that was launched today, is set to explode over 11,000% in price in the coming days.

This is because BULLSEC is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Bullish SEC can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Bullish SEC could become the next viral memecoin.

Bullish SEC launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

How to Buy

To buy Bullish SEC on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Bullish SEC by entering its contract address – cz6tp6TPE2zd77iqbrTCD9q4aiZJjUZ4AwpvyZqzsWG – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like BULLSEC.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Consensys CEO Claims SEC Will Dismiss or Settle All Crypto Cases

/

The legal conflicts between cryptocurrency firms and the United States Securities and Exchange Commission (SEC) may ease with Donald Trump’s reelection as the 47th president, Consensys CEO Joe Lubin suggested.

“So my guess is, in a way that is not embarrassing, they figure out ways to get the cases dismissed or settled, or something like that,” Lubin said during an interview with Cointelegraph at DevCon 2024 in Thailand.

“Maybe not all the cases, maybe not all elements of the case, but I have a feeling that our industry is going to save hundreds of millions of dollars going forward,” he added.

Lubin’s remarks follow Trump’s victory in the Nov. 5 presidential election, a development welcomed by the crypto sector due to his pro-crypto campaign promises.

Trump’s Pro-Crypto Agenda

One of Trump’s key pledges was to dismiss SEC chair Gary Gensler on his first day in office.

“There is also growing optimism that Trump will fill his cabinet with ‘pro-crypto’ individuals,” Lubin noted.

Lubin believes Trump’s transition team is “moving aggressively,” describing the former president as “a pretty good politician” who “picks up on the zeitgeist and runs with it.”

Consensys’ Legal Battle

Lubin also discussed Consensys’ lawsuit against the SEC, filed in April, accusing the agency of seeking to regulate Ether (ETH) as a security.

“Our lawsuit lit a fire. That fire was picked up by law,” Lubin stated.

He alleged that the SEC attempted to differentiate Ethereum 2.0 from the original Ether, arguing the former was a security.

Although a Texas federal judge dismissed Consensys’ lawsuit in September, a separate SEC case against the company—alleging it operated as an unregistered broker through MetaMask Swaps—remains ongoing.

Industry Criticism

Coinbase CEO Brian Armstrong recently called for the next SEC chair to apologize for the agency’s harm to the cryptocurrency space.

Hyperbridge Launches its Mainnet on Polkadot, Unlocking Secure, Scalable Cross-Chain Communication

Zurich, Switzerland, November 7th, 2024, Chainwire

Hyperbridge Launches on Polkadot with Support for Ethereum, Optimism, BNB Chain, and More

Hyperbridge, the highly anticipated blockchain interoperability protocol, has officially launched, unlocking new possibilities for seamless cross-chain communication. Following its $2.5 million seed funding led by the Web3 Foundation and Scytale Digital, Hyperbridge now brings its groundbreaking technology to users, delivering secure, scalable, and verifiable cross-chain solutions across multiple blockchains. Hyperbridge launches with native support for Ethereum, Optimism, Arbitrum, Base, BNB Chain, and Gnosis.

The journey to Hyperbridge’s launch has been thorough, with the project completing two testnet cycles. During these cycles:

  • 600,000+ cross-chain messages were processed across supported networks.
  • 66 independent relayers joined to facilitate message transfer across chains, validating the robustness of the network.

This extensive testing ensures a smooth mainnet experience, with Hyperbridge now equipped to provide unmatched cross-chain messaging and liquidity solutions.

At launch, Hyperbridge introduces a token bridge for asset transfers: Gateway, arbitrary message passing, and state queries across multiple ecosystems. Gateway offers:

  • High security and finality guarantees, displacing traditional multisig-based authentication with zk-proofs and on-chain finality validation.
  • Instant access to multichain liquidity, unlocking new DeFi use cases for DAOs, stablecoins, and real-world assets.

Security remains paramount to Hyperbridge’s design, addressing challenges faced by conventional multisig bridges that have previously resulted in over $2 billion in exploits. Hyperbridge leverages zk-light clients and storage proofs to authenticate messages, ensuring a security model equivalent to the blockchains it connects.

“Bridges are only as strong as their authentication mechanisms,” said Seun Lanlege, founder of Polytope Labs, the developers of Hyperbridge. “By leveraging finality-based authentication and eliminating multisig committees, Hyperbridge offers unmatched security, allowing developers to build the next generation of decentralized applications with confidence.”

Hyperbridge enables developers to launch cross-chain applications from day one, supporting use cases such as:

  • Non-custodial native bridges for unified liquidity pools.
  • Cross-chain intents to facilitate seamless token interactions.
  • Multichain expansion for stablecoins, real-world assets, and DAO governance tokens.

As blockchain adoption accelerates, interoperability becomes even more critical. Hyperbridge aims to be at the forefront of this shift, offering developers and projects a reliable, secure, and scalable cross-chain infrastructure that opens new frontiers for DeFi, DAOs, and on-chain finance.

About Hyperbridge

Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chain messages (POST requests) and reading on-chain storage (GET requests).

About Polytope Labs

Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, Polkadot, and IBC. We’re focused on addressing fundamental infrastructure problems that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. We firmly believe that Web3 is the next evolutionary step of the internet, and we are fully committed to advancing truly decentralized technologies.

About Polkadot

Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they’re co-creators with the power to shape its future.

Contact

comms / PR manager
Jonathan Duran
Distractive
Jonathan@distractive.xyz

Binance Files Motion to Dismiss SEC’s Amended Complaint

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Binance continues its legal struggle with the U.S. Securities and Exchange Commission (SEC) amid allegations of cryptocurrency-related violations.

On Nov. 4, legal representatives for Binance and former CEO Changpeng “CZ” Zhao submitted a motion to dismiss the SEC’s amended complaint, which added tokens like Axie Infinity Shards (AXS), Filecoin (FIL), Cosmos’ ATOM, The Sandbox’s SAND, and Decentraland’s MANA to its claims.

The SEC initially filed an amended complaint in September, claiming these tokens are securities, an assertion Binance’s legal team disputes.

Binance’s defense argues that the SEC’s claims “fail as a matter of law.” In the motion, Binance’s lawyers contend that the court previously acknowledged that crypto assets could be sold under an investment contract, requiring each transaction to independently meet securities laws.

According to Binance’s lawyers, the SEC’s complaint “pays lip service” to this ruling, which stated, “crypto assets are not in and of themselves ‘securities,’” but disregards the logical outcome: that secondary market sales of these assets do not constitute securities transactions.

Instead, the SEC claims that nearly all crypto transactions — including secondary market resales — are securities transactions based on buyers’ potential expectations of asset appreciation.

In its amended complaint, the SEC clarified that it is not addressing Binance’s initial coin offering (ICO) of BNB, where purchasers were aware they were buying directly from Binance Holdings.

Rather, the SEC alleges that Binance Holdings sold BNB in “blind transactions” on its platforms, where buyers didn’t know they were purchasing tokens from BHL. In crypto, “blind transactions” refer to trades where the buyer isn’t informed of the seller’s identity.

This development in the SEC’s case marks another step in an ongoing legal battle since the SEC sued Binance in June 2023. CZ recently completed a four-month U.S. prison term after pleading guilty to violations of Anti-Money Laundering laws.

Coinbase Urges SEC to Change Crypto Strategy After Donald Trump Claims Victory

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Paul Grewal, Chief Legal Officer at Coinbase, has publicly urged the U.S. Securities and Exchange Commission (SEC) to reconsider its approach to crypto regulation following Donald Trump’s re-election as president.

Grewal expressed hope for a regulatory framework that emphasizes open dialogue and innovation over litigation. This sentiment reflects growing frustration among crypto advocates, who view the SEC’s enforcement actions as excessive.

Trump has pledged to fire SEC Chair Gary Gensler, suggesting a potential shakeup that could significantly impact crypto’s future in the U.S.

Following his election victory, Trump promised to “turn the country around” and unify the nation. During his campaign, he committed to removing Gensler as part of ending what he called the Biden administration’s “anti-crypto crusade.” Under Gensler’s leadership, the SEC has taken legal action against high-profile crypto firms like Coinbase and decentralized exchange Uniswap, leading to uncertainty for companies unsure of compliance requirements. Grewal argues this uncertainty could be alleviated through “rulemaking.”

Trump’s plan to remove Gensler has led to speculation about potential successors, especially those who may adopt a more crypto-friendly stance. One prominent candidate is SEC Commissioner Hester Peirce, often referred to as “Crypto Mom” for her pro-crypto advocacy. Peirce has previously criticized the SEC’s enforcement-focused approach, suggesting that regulatory clarity would better serve the public interest and strengthen the U.S. position in global digital finance.

Coinbase itself has faced scrutiny over listing fees. On Nov. 4, Tron founder Justin Sun claimed that Coinbase asked for $300 million to list the Tron (TRX) token. Similarly, Fantom Network founder Andre Cronje alleged that Coinbase’s listing fees ranged from $30–$300 million, while Binance charged $0.

These claims contradict Coinbase CEO Brian Armstrong’s Nov. 2 statement that “Asset listing on Coinbase are free.”

Maplestory Universe Announces Second Pioneer Test Date With Exclusive Events And In-game Rewards

Abu Dhabi, UAE, November 4th, 2024, Chainwire

  • The 2nd Pioneer Test Begins November 20, Running for 10 Days to Ensure Ecosystem Stability
  • Exclusive Events Offer In-Game Rewards Equivalent to 5 Million NXPC
  • The 1st Pioneer Test Achieved 82% Retention Rate and 195,000+ Transactions in 10 Days

NEXPACE, an innovative blockchain company, has officially announced the date for the second Pioneer Test of MapleStory Universe. The Open Beta Test will commence on November 20, running for 10 days, with the aim of optimizing system stability and gathering user feedback ahead of the game’s official launch. 

To celebrate the commencement of its first-ever Open Beta Test, MapleStory Universe has prepared several exciting in-game events and with an estimated in-game reward of up to 5 million NXPC. NXPC is a utility token used to facilitate interactions and enhance the user experience within the MapleStory Universe. With the event expected to be expanded in size of the first Pioneer Test in July, Participants can look forward to: 

  • NXPC Events: Earning NXPC for gameplay achievements, such as completing daily logins and trading NFTs. The Genesis points earned may be redeemed for NXPC after the official launch, subject to applicable terms. 
  • Make Special Name (IGN event): Playing MapleStory N to collect letters and be the first to secure desired In-Game Name (IGN).
  • Pioneer Swag: Completing the survey and quests to unlock an exclusive outfit.

The first Pioneer Test, which ran from July 24 with more than 1,000 testers for 10 days, delivered impressive performance metrics. 92% of testers actively participated throughout the entire test period, resulting in an 82% retention rate. Testers logged over 45,000 hours of gameplay, averaging more than six hours per user daily. Additionally, the ecosystem processed 195,046 transactions without the presence of a premium cash shop, demonstrating the viability of its economy.

Sunyoung Hwang, Executive Director of NEXPACE, expressed enthusiasm for the upcoming test,”The results of our first Pioneer Test exceeded our expectations, and we are excited to scale up for this second Pioneer Test. As we introduce blockchain technology to the 21-year-old MapleStory IP, our goal is to further ensure ecosystem stability and enhance user experience as we prepare for the full launch.”

​MapleStory Universe is a virtual world ecosystem designed to host a variety of applications built on the backbone of the MapleStory IP. This ecosystem serves as a hub for creativity, collaboration, and community engagement, supported by integral components that form a comprehensive ecosystem. MapleStory IP boasts over 250 million+ registered users globally and thanks to the extensive resource pool from 21 years of live operations, MapleStory Universe is building a robust ecosystem where users can engage with in-game items enhanced by blockchain technology to enrich community interaction.

For more information about the MapleStory Universe’s Pioneer Test, users can visit the Official Website, Discord, X, Facebook and Medium

About NEXPACE

NEXPACE, an innovative blockchain company based in Abu Dhabi, pioneers an IP-expansion initiative powered by blockchain technology and NFTs to build a community-driven ecosystem. With a mission to redefine interactive entertainment, NEXPACE creates a vibrant space for exploring, sharing, and engaging with diverse content and gameplay crafted by community members.

At the heart of NEXPACE’s ecosystem are principles of transparency, security, and trust, empowering creators to freely share their ideas and enabling users to enjoy immersive experiences. By fostering a culture of creative expression, NEXPACE envisions a secure, collaborative environment that unites ecosystem participants in a thriving digital community.

Contact

Global PR
Bee Shin
Wachsman
bee.shin@wachsman.com