Today in DeFi - Coinbase Received Wells SEC Notice, Sushi Served SEC Subpoena, ARB Airdrop Guide, and More...
Coinbase Received SEC Wells Notice
The SEC sent a Wells notice to Coinabse regarding Coinbase's listed digital assets, including staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet after a cursory investigation.
A Wells Notice is a notification issued by regulators to inform individuals or companies of upcoming enforcement actions. Coinbase states they will contest any enforcement in court.
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Sushi Served SEC Subpoena
Sushiswap and its CEO Jared Grey recently served an SEC subpoena. Jared proposed to launch a Legal Defense Fund, requesting a $3m allocation to cover legal expenses.
Arbitrum Airdrop Coming
The ARB airdrop will be claimable on https://arbitrum.foundation/ at block #16890400 (approx. 12:58 pm UTC on Mar 23)
LooksRare Aggregator Live
NFT marketplace LooksRare launched an aggregator that has OpenSea integrations and supports bulk buys.
Cardano Djed Going Multichain
Cardano plans to expand and launch its stablecoin Djed on Ethereum and BnB chain.
Gotchichain Coming Q3
NFT-based gaming project Aavegotchi will launch its own chain in Q3 utilizing Polygon Supernets tech, which allows the creation of application-specific chains.