Coinbase Faces Lawsuit Alongside DerivaDAO and Rally

The SEC Sues Coinbase for Trading Unregistered Securities

The US Security and Exchange Commission (SEC) has taken legal action against Coinbase, the largest exchange in the US, for trading unregistered securities. This comes as the SEC has identified over 50 cryptocurrencies, including DerivaDAO (DDX) and Rally (RLY), as securities. But amidst the regulatory challenges, there is good news for crypto enthusiasts. Uwerx, a game-changing platform for the freelancing industry, is set to enter the market. Here’s why you should consider becoming a token holder.

Key Points:

– Uwerx offers innovative features like blockchain technology, decentralization, and a 1% service fee.
– The Uwerx Vault provides secure storage for WERX tokens and rewards users for storing them.
– The platform has launched its Alpha version with ten features, and more will be added in the future.
– Uwerx has gained a significant number of sign-ups, followers on Twitter, and members on Telegram.
– The WERX token has shown impressive growth in value, presenting profitable opportunities for early users.

The Current State of DerivaDAO (DDX) and Rally (RLY)

DerivaDAO, the DAO governing DerivaDEX, and Rally, a decentralized multi-chain protocol, are facing challenges. DerivaDAO has seen a decline in trading activities and a bearish outlook since being listed as an unregistered security by the SEC. Meanwhile, Rally has announced plans to shut down its platform due to a lack of support and funding.

Hot Take

While DerivaDAO and Rally are struggling, Uwerx is gaining momentum and proving its sustainability and transparency. With its innovative features and growing adoption, Uwerx presents an exciting opportunity for crypto users and investors. Don’t miss out on the chance to join the presale and enjoy a 15% purchase bonus before it ends on July 31, 2023.