The Daily Leo #265: SEC Adopts New Rule, Federal Reserve pushes interest rates, BitFlyer slapped with Fine

Welcome to another edition of Daily Leo! We pick the best articles in Finances, Crypto news, and Hive/Leo into one condensed information-packed space.

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U.S. SEC adopts new rules around private fund disclosures

Securities and Exchange Commission aka SEC has adopted a new rule on 3rd May for hedge fund and private equity fund and this is implemented to bring more transparency, competition, and efficiency in the market. Check out more here

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Federal Reserve pushes interest rates above 5% for first time since 2007

The Federal Reserve has announced that it will maintain its current interest rate target range of 2.25% to 2.50% due to robust economic growth and low unemployment rates. It is also mentioned that the rate hike in the future will be subjected to change based on previous hike impact and financial developments

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BitFlyer Slapped With a $1.2 Million Fine

BitFlyer is one of the largest crypto exchanges and this has been fined by the New York State Department of Financial Services (NYDFS) for a charge of $1.2 million. This has been ordered due to the violation of cyber security rules and the exchange need to pay the fine amount in 10 days

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Sui token yielding a 12-fold windfall for public sale investors

Sui blockchain launched its main net and whoever invested in layer 1 has seen large returns on the investment. This coin is listed on Binance and there is a lot of price fluctuation as many investors must be booking the profit

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PEPE Meme Coin Liquidity Pool Becomes Most Active on Uniswap

PEPE is a meme coin that has got so much hype in the market and it has become the most active token on the Uniswap platform. The PEPE-WETH has been one of the most active liquidity pools with high number of transactions

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Splinterlands. 5 years and going strong.

Splinterlands is a very well know name on the hive network and it has completed its 5 years this month. It's one of the best blockchain games and it has come a long way in these 5 years. This project is doing well even in the bear market. Check out more in the post

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_{This edition of The Daily Leo was published by @reeta0119 on LeoFinance, read the original article here}

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