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Latest from Tracy Wang
Coinbase, SEC Spar Over Definition of Securities, Nature of Staking in First Court Hearing
U.S. Judge Katherine Polk Faila questioned both sides on a range of topics in a Manhattan courthouse on Thursday.

Solana Foundation: SOL Is 'Not a Security'
The native token of the Solana blockchain, SOL, was alleged to be an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase.

Tensions Rise Between SushiSwap, Lido Over Return of Exploited Funds
Two decentralized finance projects are butting heads over a governance proposal that could see the recovery of 40 ETH stolen in Sushiswap's April hack.

Binance Announces Exit from Canada, Citing Regulatory Tensions
The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy
The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.

Cata Labs Raises $4.2M to Develop 'Bridging' Software
The round was led by Spartan Group and included participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.

FTX's LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction
FTX.US purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.

DeFi Protocol DFlow Raises $5.5M to Bring Payment for Order Flow to Crypto
The project would bring a controversial practice in the equities market into the world of decentralized finance.

DeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation
The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital, CitizenX and Robot Ventures.

Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.
