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SEC steps back from defining digital assets in new hedge fund rules

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The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term around nine months ago.

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Coin Market

Decentralization is in danger — We can fix it

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We can preserve Bitcoin’s core principles while enabling advanced functionality and interoperability.

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Pudgy Penguins’ NFT sales nosedive as token rallies: Nifty Newsletter

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Pudgy Penguins’ PENGU token jumps 13% despite NFT sales dropping over 50%, fueled by a viral marketing campaign.

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Movement Labs to close $100M VC round: Report

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The deal would reportedly value the layer-2 developer at around $3 billion, Fortune reported.

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