In a highly unusual and positive development, the Securities and Exchange Commission (SEC) has dismissed its case against the Helium Foundation and Nova Labs. This thrilling development has sparked jubilation across the entire cryptocurrency industry. This lawsuit was primarily aimed at enforcement of illegal/unregistered securities sales. As a consequence, it...
The SEC just blinked. And that blink? It's a green light for a future we've been building towards: a world powered by DePIN. The suit’s dismissal against Helium is a huge win for the project. Real-world infrastructure This future will radically transform the way we build and interact with real-world...
This agreement by Helium developer Nova Labs with the SEC. This deal resulted in the dropping of a lawsuit that had been lurking like a dark cloud over the decentralized wireless network and the broader DePIN industry. This was a huge win for Helium, as the SEC agreed to dismiss...
Either way, SEC dropping its lawsuit against Helium is a clear win. This win is not only a win for Helium and their operator Nova Labs, but a broader success for the entire Decentralized Physical Infrastructure Networks (DePIN) movement. It's a green light, signaling that building real-world infrastructure with crypto...