Here are the top three news stories presented by U.Today.
SEC to sue Uniswap
On Wednesday, April 10, the SEC notified first decentralized exchange Uniswap of imminent enforcement action, Fortune reports. Hayden Adams, CEO of Uniswap, has already confirmed the news on its handle, calling himself “bored” and “disappointed”, but he is ready to fight. Uniswap CLO Marvin Ammori also commented on the case, harshly criticizing the SEC's decision as “another abuse of power”, adding that the regulator has no authority over securities. Additionally, Ammori said “most tokens” are not securities, criticizing the agency for failing to provide regulatory clarity. Uniswap found itself under SEC scrutiny at least a few years ago. In September 2021, The Wall Street Journal reported that the major DEX was under investigation by the SEC, with the agency's lawyers focusing on the exchange's marketing.
Binance to delist six major trading pairs: details
As reported by @WuBlockchain remove six trading pairs. Among the pairs that are being removed are BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB. However, there is no reason to worry, as these delistings are usually explained by a lack of trading activity for these BNB pairs rather than serious issues with the assets themselves. By taking such measures, Binance ensures the best experience for its users and maintains its healthy trading environment. It is important to note that individual cryptocurrencies will not be removed from Binance; the exchange still allows users to trade these assets in other pairs, such as USDT, USD, BUSD and others.
Shiba Inu (SHIB) Hits Major Milestone of Four Million Total Addresses
Data provided by IntoTheBlock shows that the Shiba Inu meme token has reached a remarkable step reaching four million addresses in total. This achievement highlights the growing adoption and interest in SHIB and represents a turning point in its development in the cryptocurrency space. As a reminder, the total address count represents all addresses ever created that at any given time held SHIB, including those that still do. That said, the total number of SHIB addresses with a balance increased to 1.3 million. Generally, an increase in the number of addresses with a balance is a sign of a stronger and expanding user base. In the future, achieving four million addresses could pave the way for the continued growth and innovation of the Shiba Inu ecosystem.