Aleph.im is one of the most underrated infrastructure plays in Web3 — offering decentralized compute, storage, and indexing services that could power the next wave of AI x DeFi applications. Unlike most layer-1 vanity projects, Aleph.im solves real problems for real dApps: it lets decentralized applications operate without relying on centralized backends like AWS.
U.S. crypto exchange Coinbase and its CEO Brian Armstrong are at the center of a new class action lawsuit. The lawsuit accuses them of deceiving investors by selling digital assets that are allegedly securities. The legal challenge, lodged in the U.S. District Court for the Northern District of California, San Francisco Division, claims that tokens such as Solana’s SOL, Polygon’s MATIC, and six others should be classified as securities.
The U.S. CFTC ordered Delaware-registered Blockratize, Inc. d/b/a Polymarket, based in New York City, to pay a $1.4 million civil monetary penalty. Polymarket operated off-exchange event-based binary options and failure to obtain designation as a designated contract market (DCM) or registration as a swap execution facility (SEF) and did not comply with the Commodity Exchange Act (CEA) and applicable CFTC regulations. Polymarket was ordered to cease and desist from violating the CEA and CFTC regulations.