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  • 🥁Uniswap Getting Sued by the SEC, Fighting Back

🥁Uniswap Getting Sued by the SEC, Fighting Back

PLUS: Learn about Ronin, the gaming chain behind 'Axie Infinity' and 'Pixel' and more!

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The BEN Team
April 13, 2024

Read time: 4 minutes

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Uniswap’s Lawsuit 🗞️

🚨 Uniswap Labs received a Wells notice from the SEC, signaling potential legal action.

Despite this, they're pushing on with their current products and new ones.

Arguing that most tokens, including UNI, aren't securities but rather new forms of digital value.

These tokens enable innovative economic activities without fitting the old frameworks used for securities. It’s time we update such archaic regulations.

🦄 Uniswap is fighting to keep their innovative, open tech available for all 💪

Top News 🗞️

What Is Ronin? The Ethereum Gaming Chain Behind 'Axie Infinity' and 'Pixels'
Ronin is an Ethereum sidechain that powers some of the best-known crypto games. Here's what you need to know about the network, RON token, and games.

Trudeau announces $1.8B package to boost Canada’s AI sector
Canada is launching a fund to invest in AI infrastructure, grow startups, and create a new AI safety institute.

Crypto VC sees a ‘new class’ of profitable memecoins this cycle
A new class of memecoins that capitalize on politics, religion and successful consumer brands could end up going more “viral” than animal tokens like Dogecoin.

Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports
Tigran Gambaryan was remanded pending trial, reports say.

ENA Rises 15% as Ethena Labs Increases Staking Rewards
The initial lock cap has been set at $200 million and will be adjusted to increase over time.

Which Crypto Projects Will Airdrop Next? Prediction Markets Are Placing Bets
Eigenlayer has a 66% chance of sending users free tokens by June 30, the odds on Polymarket signal.

Synthetix Q1 2024 Brief
Synthetix Perps V3 on Base is growing quickly with over $325 million in volume in the quarter despite limited open interest (OI) caps.

Ethereum-based investment products see negative outflows for 4th consecutive week
Ethereum-based crypto investment products flows declined for the fourth consecutive week despite positive flows into the Solana ecosystem.

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

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