Tag: helium

Helium (HNT) Soars! SEC Drops Lawsuit: What's Next for DePIN?

Helium (HNT) Soars! SEC Drops Lawsuit: What's Next for DePIN?

The Decentralized Physical Infrastructure Networks (DePIN) sector received a monumental endorsement. Know more about it here. The SEC just dropped its lawsuit against Helium. This step has led to real anticipation across the crypto space. That’s particularly exciting for those of us working on real world projects that leverage token...

Helium's SEC Win: A Victory for the People-Powered Internet?

Helium's SEC Win: A Victory for the People-Powered Internet?

The SEC blinked. Let’s get real, that’s exactly what this is shaping up to be. But after they came down heavy handed on Helium, a project venture in building a people powered wireless network, they’ve retreated. With the lawsuit dismissed, Helium will pay only a slap on the wrist as...

Helium (HNT) Rallies as SEC Drops Lawsuit, Affirming Token Status

Helium (HNT) Rallies as SEC Drops Lawsuit, Affirming Token Status

Helium (HNT) price skyrocketed following the Securities and Exchange Commission (SEC) agreement to dismiss its lawsuit. In doing so, the move provides a boost to the development team building the decentralized wireless network. In January, a lawsuit was filed against Helium. It alleged that the business had broken the securities...

Helium's SEC Settlement A Win for Innovation, Not a Free Pass

Helium's SEC Settlement A Win for Innovation, Not a Free Pass

Today, the SEC announced it is voluntarily dismissing its case against Helium (HNT). This change is tremendously encouraging and refreshing in this suffocating regulatory climate for the crypto space. Sure, they reached a $200,000 settlement, but with no admission of guilt. This doesn’t replace or excuse their wrongdoing, but it...