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Robinhood Chief Legal Officer Dan Gallagher is emerging as a leading contender to head the SEC if Donald Trump wins the 2024 election, according to Politico.QCP Capital analysts claim “Uptober” is back on track as bitcoin recovers from last week’s volatility.Ethereum proposal EIP-7781 calls for reducing the blockchain’s slot time from 12 to 8 seconds to boost transaction throughput.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The next chair of the United States Securities and Exchange Commission could be much friendlier to crypto if Donald Trump gets into the Oval Office.
Quick Take U.S. publicly traded bitcoin miners have finished releasing their monthly mining updates for September. The total market cap of 14 U.S.-listed bitcoin miners tracked by JPMorgan rose 4% to $21 billion during the month.
Quick Take The crypto trading platform said it decided to sue the agency after receiving a Wells notice and said the SEC’s actions left them “with no other choice.” Crypto.com says its lawsuit asserts that the SEC has overexpanded its jurisdiction while also pushing back on the agency’s claim that most cryptocurrencies are securities.
- 03:27RootData: AITECH to Unlock Tokens Worth Approximately $1.48 Million in One WeekAccording to ChainCatcher, based on token unlocking data from the Web3 asset data platform RootData, Solidus Ai Tech (AITECH) will unlock approximately 21.39 million tokens, valued at around 1.48 million USD, on May 28 at 11:00 AM (GMT+8).
- 03:22Whale that once profited $12.65 million from trading UNI buys $3.96 million UNI after 3 years of dormancyAccording to a report by Jinse Finance, monitored by Spot On Chain, a certain whale purchased a total of 662,606 UNI (approximately $3.96 million) from CEX and DEX 3 hours ago, marking its third UNI transaction after a three-year hiatus. Previously, the whale's total UNI transactions had yielded a profit of approximately $12.65 million, with a return rate of +137% and a win rate of 50%.
- 03:05OM rises above 0.5 USDT, with a short-term increase of 26%Odaily Planet Daily News: Possibly influenced by being listed on an exchange, OM surged past 0.5 USDT, currently quoted at 0.46 USDT, with a short-term increase of 26%.