// BEGIN ENQUEUE PARENT ACTION // AUTO GENERATED - Do not modify or remove comment markers above or below: if ( !function_exists( 'chld_thm_cfg_locale_css' ) ): function chld_thm_cfg_locale_css( $uri ){ if ( empty( $uri ) && is_rtl() && file_exists( get_template_directory() . '/rtl.css' ) ) $uri = get_template_directory_uri() . '/rtl.css'; return $uri; } endif; add_filter( 'locale_stylesheet_uri', 'chld_thm_cfg_locale_css' ); if ( !function_exists( 'chld_thm_cfg_parent_css' ) ): function chld_thm_cfg_parent_css() { wp_enqueue_style( 'chld_thm_cfg_parent', trailingslashit( get_template_directory_uri() ) . 'style.css', array( 'font-awesome-v5','bootstrap','sidr','magnific-popup','sliderpro' ) ); wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); } endif; add_action( 'wp_enqueue_scripts', 'chld_thm_cfg_parent_css', 10 ); // END ENQUEUE PARENT ACTION add_action( 'admin_enqueue_scripts', 'my_cfg_admin_enqueue' ); function my_cfg_admin_enqueue(){ wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); wp_enqueue_style('style-cfg-child', get_stylesheet_uri(), array(), "4.2"); } add_action( 'after_setup_theme', 'remove_plugin_image_sizes', 999 ); function remove_plugin_image_sizes(){ remove_image_size( '2048x2048' ); remove_image_size( '1536x1536' ); remove_image_size( 'large' ); } function action_dynamic_sidebar_after( $array ) { if($array == "home-content-widgets") { echo the_content(); } }; add_action( 'dynamic_sidebar_after', 'action_dynamic_sidebar_after', 10, 1 ); add_action( 'trashed_post', 'mtp_delete_attached_thumbnail_for_trashed_product', 20, 1 ); function mtp_delete_attached_thumbnail_for_trashed_product( $post_id ) { // gets ID of post being trashed $post_type = get_post_type( $post_id ); // does not run on other post types if ( $post_type != 'post' ) { return true; } // get ID of featured image $post_thumbnail_id = get_post_thumbnail_id( $post_id ); // delete featured image wp_delete_attachment( $post_thumbnail_id, true ); }/** * The header for our theme * * This is the template that displays all of the section and everything up until
* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label – CoinsMegaNews

ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label

ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label

[ad_1]

The United States securities regulator designated a slate of cryptocurrencies as securities in recent lawsuits including Algorand (ALGO) and Flow (FLOW) which hit all-time price lows following the declaration.

On June 10, ALGO and FLOW hit their respective historic lows of $0.098 and $0.46, having dropped around 30% in the past seven days according to CoinGecko data.

Both have slightly rebounded since, with ALGO up over 12.5% and FLOW recovering just over 10.5% since June 10.

ALGO’s seven-day price chart shows a drop to its all-time low with a slight recovery after. Source: CoinGecko

Last week the Securities and Exchange Commission (SEC) sued crypto exchanges Binance and Coinbase on June 5 and 6 respectively. In the process, it labeled 16 new cryptocurrencies as securities, including FLOW and Internet Computer (ICP).

ALGO was highlighted in the SEC’s case against Binance but was first singled out in its April lawsuit against Bittrex.

ICP has also seen a drop of about 25% in the past week and is currently trading around $3.65 — just 25 cents off its all-time low of $3.40 from December 2022.

Securities definition rebuffed

Solana (SOL), Cardano (ADA) and Polygon (MATIC) were also caught up in the SEC’s securities net and the creators of all three have staunchly rebuffed the regulator’s claim.

On June 10, Polygon Labs tweeted in response to the SEC’s definition of MATIC without directly addressing the regulator.

Related: SEC charges against Binance and Coinbase are terrible for DeFi

It highlighted that Polygon was developed and deployed outside of the U.S. and MATIC was globally available “with actions that did not target the U.S. at any time.”

The Solana Foundation similarly took to Twitter on June 10 saying it “disagrees with the characterization of SOL as a security.”

Cardano development company Input Output Global (IOG) said on June 7 it was “aware” of the SEC’s definition of ADA and claimed there were “numerous factual inaccuracies” by the regulator.

“Under no circumstances is ADA a security under U.S. securities laws. It never has been,” the firm wrote in a blog post.

Magazine: Tornado Cash 2.0 — The race to build safe and legal coin mixers

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

/** * The template for displaying the footer * * Contains the closing of the #content div and all content after. * * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?>