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Day: April 27, 2024

Ethereum & Consensys vs SEC – An ‘unlawful power grab’ or a ‘cover-up?’

cryptocurrency April 27, 2024

Consensys sued the SEC in Texas over Ether’s classification Org has challenged the SEC’s allegations, while advocating for fairness and clarity With the debate around Ethereum’s [ETH] possible classification as a security becoming long and tiresome, Consensys, a blockchain software giant, recently made news. It did so by taking a bold step and initiating legal […]

Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS)

cryptocurrency April 27, 2024

Ethereum co-founder Vitalik Buterin has responded to community concerns about the network’s transitioning from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Advertisements Over the past week, Ethereum’s PoS transition faced scrutiny from community members, particularly amidst concerns it prompted increased scrutiny by US regulators. Was Ethereum’s Transition to PoS a Mistake? Since its launch in July 2015, […]

Is ETH really a security? Ex-Ethereum advisor slams SEC’s move

cryptocurrency April 27, 2024

Nerayoff’s allegations against Ethereum add weight to its legal battle with the SEC.  Skepticism over fairness in SEC’s handling of Ethereum and Ripple, emphasizes transparency urgency. In an unexpected turn of events, Ethereum [ETH] has come into the limelight once again, this time over its status as a security. Advertisements Central to the issue is […]

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