Prix de Star AtlasATLAS

US SEC Commissioner Peirce: NFT royalty mechanism does not make tokens securities Hester Peirce, a member of the U.S. Securities and Exchange Commission (SEC), made it clear in a public speech that NFTs with a creator royalty mechanism are generally not securities. Peirce pointed out that the feature of NFTs that allows artists to profit from resales is similar to the model of streaming platforms paying creators for copyrights, and this distribution of income does not constitute the "corporate profit-sharing right" in the traditional definition of securities. Oscar Franklin Tan, chief legal officer of Atlas Development Services, added that some media have misinterpreted Peirce's statement, emphasizing that the SEC has never regarded creator royalties as securities regulatory objects. He explained that when royalties belong only to the original creator, their nature is closer to "business income" rather than "investment income"; but if the NFT design involves the distribution of royalty profits to multiple holders, it may trigger securities compliance issues. (Cointelegraph)

Pi Network (PI) is facing its biggest crisis to date after a leading crypto investigator alleged a possible $8 billion insider dump linked to the Pi Core Team. Viral posts from investigator Atlas set off a wave of panic in the PI community, with claims that more than 12 million PI tokens were dumped by a wallet reportedly controlled by core developers, timed directly with PI’s sharp price collapse. Atlas shared data showing the wallet offloaded tokens just as PI crashed, raising questions about a coordinated pump-and-dump. This movement coincided precisely with PI’s recent crash, raising suspicions of an orchestrated pump-and-dump strategy. As per CoinMarketCap data , PI trades at $0.7312, down over 35% in the past week. “Stop watching announcements. Watch the wallets,” Atlas warned, sharing a timeline of the token’s behavior: While the Pi Core Team has not issued an official statement, some supporters claim the token movements were part of a standard testnet-to-mainnet migration. Atlas dismissed the explanation, pointing to wallet linkages and a lack of transparency around the transactions. Related: Pi Network (PI) Price Corrects Sharply Post-$100M Fund News; Analyst Cites “Overbought Euphoria” Adding to the market’s unease, 5.7 million PI tokens unlocked today, flooding an already pressured market. The number of PI coins held on centralized exchanges has now surged to a record 397 million, increasing fears of another wave of sell-offs. Market analysts warn that the unlocked supply could further suppress PI’s price unless buying volume increases significantly. Crypto influencer Dr. Altcoin claims the Pi Core Team operates more than 10,000 wallets and sub-wallets, most hidden from public view . He called for transparency, urging PI holders to demand answers instead of defending the project blindly. Related: Analyst Flags Major Risk in Pi Network, Draws Comparisons to Terra Luna 2022 Crash On-chain analysts say only seven major wallets are fully traceable, further deepening the community’s concern about undisclosed supply and insider control. With the token’s unlocked supply hitting the market and multiple wallets under scrutiny, market analysts warn that PI’s price could remain under pressure unless investor demand returns in force. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

NZDJPY 🐢 15RR 🏹 Structure Liquidity and Key Level #SLK atlas/

The Sky community is considering a final proposal to replace MKR with SKY as the only governance token Atlas Axis, the core governance design team of Sky (formerly MakerDAO), submitted a proposal on Wednesday that, if approved, would complete the protocol upgrade from MKR to SKY. The shift would make SKY the only governance token and support staking, unlocking USDS rewards for SKY holders. Sky co-founder Rune Christensen praised the proposal as a "huge milestone" in a forum post. While USDS and SKY were launched as upgraded tokens, DAI and MKR are still in circulation, and users can choose to convert their holdings to the new tokens, allowing for a gradual transition.

2.1/ L2 Surplus Fee is the key revenue driver Transaction fees in Arbitrum are categorized into four types: - L1 Base Fee - L1 Surplus Fee (reduced to 0 since the Atlas Upgrade) - L2 Base Fee - L2 Surplus Fee In the post-Atlas era, the L2 Surplus Fee is the primary revenue driver as its value will increase exponentially based on the demand of blockspace. When the DAO's monthly transaction fee revenue exceeds $2 million, the L2 Surplus Fee typically accounts for over 50% of the total. However, its share decreases when revenue falls below $2 million.