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Solana Mobile opened pre-orders for new smartphone

Solana Mobile has opened pre- order s for a new Saga smartphone . According to the company’s website, the new hardware product is cheaper than the first Solana crypto phone and will ship in the first half of 2025. Successor entries will be limited to one person and five per family for $450. “Almost overnight, Solana Mobile’s Saga became the most rewarding experience on a phone ever and sold out. You know that story. Now it’s time for the next part of the epic, with our sights set on new horizons and global availability.” Solana website The design and other characteristics have yet to be disclosed, but the developers have presented a referral program. Users can invite friends to order a smartphone and receive rewards from the Solana ecosystem for this. Also, the new product will have the same characteristics as the previous model: a built-in crypto wallet, custom software for Android, and a decentralized application store. You might also like...

Uniswap lawsuit judge calls Ether a commodity in dismissal order

United States District Court Judge Katherine Polk Failla is also the judge overseeing the SEC's lawsuit against crypto exchange Coinbase. A United States District Court judge has called Ether (ETH) a commodity in her dismissal of a class action lawsuit against the decentralized exchange Uniswap. In an Aug. 30 dismissal order of the case brought by Uniswap users who claimed they lost money due to scam tokens on the exchange — Judge Katherine Polk Failla wrote ETH and Bitcoin (BTC) were “crypto commodities.” The distinction was also part of her reasoning for dismissing the case — Failla said she wasn’t convinced by an argument that Uniswap’s token sales were subject to the Exchange Act. Interestingly, Failla is also the judge overseeing the SEC lawsuit against Coinbase. She has also had previous experience in overseeing other crypto cases in the past, including one involving Tether and Bitfinex.  The SDNY (Failla, J.) also explicitly found in its August 29 decision in Risely v. ...