Episode 519
📍 The SEC has dropped its investigation into Uniswap Labs, a major DeFi exchange, and will not file enforcement charges, marking a significant win for the DeFi industry.
📍 Bitcoin's price is expected to plummet further, potentially reaching $80,000 or lower, according to experts, due to factors such as increased spot Bitcoin ETF outflows and macroeconomic uncertainty.
📍 Bybit, a cryptocurrency exchange, has launched a crowdsourced effort to freeze stolen funds from the Lazarus group, offering a 5% bounty for submissions that lead to frozen assets, and has already frozen $42.3 million in stolen funds.
📍 The SEC's decision to drop its investigation into Uniswap Labs is part of a larger shift in the agency's approach to crypto regulation, with new leadership signaling a more collaborative approach to the industry.
📍 The crypto market is experiencing increased volatility, with Bitcoin's price dropping below $87,000, and experts warning of further price drops, highlighting the need for caution and adaptability in the industry.
