ChainCatcher news, according to apnews, the U.S. Supreme Court ruled that the Securities and Exchange Commission (SEC) must provide defendants the right to a federal jury trial in fraud cases, stripping the SEC of a key enforcement tool used in certain civil fraud complaints through internal procedures. This ruling could have far-reaching implications for other regulatory agencies. The Supreme Court made this decision with a 6 to 3 vote, stating that the SEC's internal procedures violate the Constitution.The SEC generated over $5 billion in civil penalties in fiscal year 2023, but it is currently unclear how much of that came from internal procedures or federal court litigation. This case is part of a push by conservative and business interest groups to limit the power of federal regulatory agencies.

ChainCatcher news, the on-chain copyright platform Trips announced the completion of a $2.5 million Pre-Seed funding round, with participation from Shima Capital, Animal Capital, Blackwood Ventures, Serafund, Calligraphy Digital, and the Avalanche ecosystem fund Blizzard.Trips is built on the Avalanche Evergreen subnet, helping content creators establish copyright on the blockchain, providing tools necessary for content protection, authentication, and monetization for each creator. Its services currently support the video streaming platform YouTube.

Chain Catcher news, the decentralized interest rate market Strips Finance announces the upcoming launch of a new Starknet-based V2 perpetual exchange "RabbitX". It is reported that RabbitX is a complete crypto perpetual contract suite that allows users to trade various assets such as BTC and ETH. RabbitX can process over 1,000 orders per second, with leverage of up to 20 times, and provides 24/7 customer service, prioritizing security while balancing speed, scalability, and user experience. (Source link)