Author: American Coins & Gold

In Lejilex vs. SEC, Crypto Goes on Offense in the Courts
The Texas-based crypto firm’s new suit shows how the industry can use “impact litigation” to get regulatory clarity, lawyers Jake Chervinsky and Amanda Tuminelli write.

Layer-1 Network Flare Raises M From Kenetic, Aves Lair
Flare blockchain has raised $35 million in a private round that included investment from Kinetic, Aves Lair and others, according to a press release.

Uniswap's UNI Jumps 60% on Proposal to Reward Token Holders in Major Governance Overhaul
The upgrade would reward UNI token holders who staked and delegated their tokens, according to the proposal.

Uniswap's UNI Jumps 50% on Proposal to Upgrade Governance
The upgrade would reward UNI token holders who staked and delegated their tokens, according to the proposal.

Avalanche Suffers Outage, Fails to Produce Block for Four Hours
Layer-1 network Avalanche has failed to produce a block for more than an hour, Ava Labs co-founder Kevin Sekniqi said the issue “seems to be related to a new inscription wave.”

Avalanche Suffers Outage, Fails to Produce Block for Almost Two Hours
Layer-1 network Avalanche has failed to produce a block for more than an hour, Ava Labs co-founder Kevin Sekniqi said the issue “seems to be related to a new inscription wave.”

First Mover Americas: Worldcoin, The Graph and Filecoin Finish the Week on Top
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Trump: Bitcoin Has Taken on 'a Life of its Own,' Will Probably Need Some Regulation
Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation.

Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over 'Emergency' Survey
The Texas Blockchain Council (TBC) and Riot Platforms, one of the largest crypto miners in the state, sued the U.S. Department of Energy for trying to collect information from many of its members, including Riot.

FIL, GRT Rally Boosts CoinDesk Computing Index as Bitcoin Struggles
FIL’s market-beating surge to a 12-month high of $8.5 comes on the heels of Filecoin’s Feb. 16 announcement that it would host programmable blockchain Solana’s block history.