Ultron AI|Trading Market Latest Report|19/06/2024

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SEC Is Dropping Its Investigation Into Ethereum, Consensys Says


Leading Ethereum developer Consensys announced late Tuesday that the U.S. Securities and Exchange Commission is “closing its investigation” into the cryptocurrency. “Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0,” the company posted on Twitter. “This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.”



LayerZero CEO: A total of 1.28 million qualified addresses


Ultron AI reported that Bryan Pellegrino, CEO of LayerZero Labs, said on X that there are a total of 1.28 million qualified addresses, early interactive tx enjoys triple weight, and low-value tx reduces weight by 80%. The airdrop qualification query website will add witch hunter addresses next week, recovering about 10 million tokens, which will be returned to real users.



Binance will remove spot trading pairs such as BETA/BTC


Ultron AI reported that according to the official announcement, based on the recent review results, Binance will remove the following spot trading pairs and stop trading: 11:00 on June 21, 2024 (Eastern Time): BETA/BTC, SEI/TUSD, TIA/TUSD.



KPMG executive: Institutional DeFi participants will bring commercial real estate to the chain

Golden Finance reported that Kunal Bhasin, co-head of digital assets at KPMG Canada, said that when more opportunities arise, institutional investors will buy high-value commercial real estate stocks tokenized on the blockchain. Bhasin said that tokenization may change the owners of large commercial buildings, which have historically been limited to real estate and pension fund managers with strong financial resources. The technology can allow institutional investors (such as family offices) to own part of the equity of large shopping malls, Eaton Center and other large buildings in Toronto.
Commercial real estate tokenization can actually achieve this. Bhasin predicts that this will become one of the largest institutional use cases in the cryptocurrency industry.





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