FameEX Morning Crypto News Recap | June 14, 2023

Bitmain's S19 Mining Rigs Hold Majority of Bitcoin Network's Hashrate, Reveals New Study
Coin Metrics researchers have released a significant study on June 13, introducing a novel nonce analysis approach for bitcoin mining. This methodology enables the identification of specific mining rigs contributing to the network's hashrate, while also assessing their energy consumption and efficiency. The findings indicate that Bitmain has maintained its industry dominance, with three primary Antminer models currently holding the majority of the network's hashrate.

Uniswap Introduces Revolutionary Version 4 Empowering Customizable Liquidity Pools with Innovative Hooks
Uniswap, the leading decentralized exchange (dex), has provided an overview of its upcoming Version 4, along with an early implementation of the code. The new version introduces several enhancements, including the ability to customize liquidity pools through a feature called "hooks." Uniswap aims to offer users more flexibility and advanced functionality with this latest release.

US Inflation Eases to 4% Annual Rate, Influencing Fed's Interest Rate Decision-Making
The latest consumer price index (CPI) report by the U.S. Bureau of Labor Statistics indicates that the annual inflation rate in the United States has moderated to 4%. This development comes just before the upcoming Federal Open Market Committee (FOMC) meeting, with market expectations leaning towards the Federal Reserve maintaining the current benchmark interest rate.

Survey Finds Majority of Americans Reluctant to Adopt Central Bank Digital Currency
According to a survey conducted by the Cato Institute and YouGov, the majority of Americans are cautious about embracing a central bank digital currency (CBDC). The poll highlights that support for a CBDC remains relatively low among the respondents, reflecting a hesitancy towards its adoption.

Crypto Lawyer Argues SEC is Inappropriate for Regulating Digital Assets, Cites Hinman Documents
The recently unsealed Hinman documents, released on June 13, provide valuable insights into a notable speech given by Bill Hinman, the former director of the SEC's corporation finance division. In the speech from 2018, Hinman expressed his view that Ether, a major cryptocurrency, should not be classified as a security.

Blockchain Association and House Republicans Present 'Exchange' Definition Proposal to SEC
The SEC has extended the comments period for its proposed amendment to Rule 3b-16 of the Securities Exchange Act of 1934, which closed on June 13. Last-minute comments were filed by the Blockchain Association and Republican members of the House Committee on Financial Services.

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