February 25 News, the Delhi High Court recently dismissed a lawsuit filed by a group of cryptocurrency investors against a certain crypto platform. Judge Prushaindra Kumar Kaurav pointed out that the platform is a private company and does not meet the definition of a "state" entity under Article 12 of the Constitution, therefore it cannot be subject to judicial intervention under Article 226. The petition lacks a legally admissible basis. The lawsuit was initiated by investors such as Rana Handa and Aditya Malhotra, requesting the court to strengthen regulation of the crypto platform, and to direct the CBI or a special investigation team to intervene, as well as to unfreeze the user funds that are reportedly restricted. However, the court explicitly stated that ordering a criminal investigation is an extremely exceptional circumstance, and some complaints have not even completed the FIR process, which is insufficient to trigger a mandatory investigation mechanism.

According to BlockBeats news on November 30, data from GMGN shows that some Meme and altcoin tokens have risen significantly, including: Vulgar Penguin with a current market capitalization of 9.3 million USD and a 24-hour rise of 50.64%; ALCH with a current market capitalization of 140 million USD and a 24-hour rise of 48.5%; PIPPIN with a current market capitalization of 110 million USD and a 24-hour rise of 40.5%; PINGPONG with a current market capitalization of 7.4 million USD and a 24-hour rise of 30.98%; LSK with a current market capitalization of 62 million USD and a 24-hour rise of 30.5%; DGRAM with a current market capitalization of 15.6 million USD and a 24-hour rise of 30.26%; FIR with a current market capitalization of 4.4 million USD and a 24-hour rise of 26.7%.

PANews, August 8th news, according to official news, Gate Alpha launched the Fireverse (FIR) and initiated a points Airdrop event. Users who meet the conditions can receive airdrops of 370 FIR Tokens. The single order profit from this airdrop event is approximately 40 dollars based on the current price. According to reports, Gate Alpha will launch BSU for the first time and will start a limited-time Alpha points airdrop event tomorrow. Detailed information about the event will be announced in the upcoming notice, so please stay tuned.

Gate News Bot News, August 7, according to CoinMarketCap data, as of the time of writing, FIR (Fireverse) is currently priced at $0.08, having risen 13.71% in the last 24 hours, with a high of $0.09 and a low of $0.06. The current market capitalization is approximately $11.8 million, an increase of $1.42 million from yesterday. Currently, FIR ranks 1056th in global Crypto Assets market capitalization. Fireverse is a project focused on the Web3 field, and it has currently launched its Beta version. The project is conducting an early user incentive program, offering an additional 10% points reward for the first 3000 Beta test users, lasting for one month. Important news about FIR recently: 1️⃣ **Beta version released** The Fireverse project has been successfully launched.

ChainCatcher message, the AI and Blockchain-driven music platform Fireverse tweeted that any FIR Token currently in circulation is fake, and there has been no private sale or Launchpad issuance. Users are advised to stay vigilant.

Gate News bot message, Ethereum network has recorded unprecedented levels of activity, setting a new all-time high in daily gas consumption at 162 billion units. The network witnessed significant user engagement with daily active addresses exceeding 500,000 for two consecutive days, marking the fir

Fireverse announced that V-BOX, the world's first AI music DePIN node, has officially opened its pre-sale, limited to 50,000 nodes at a price of $500. Purchasers can receive an airdrop of $FIR tokens with a total value of 500 USDT and enjoy multiple rewards by staking $FIR tokens. The staking limit is 2,000 $FIR/node, and you can choose to lock up for up to 360 days to enjoy 250% annualized returns, and enjoy exclusive token subscription rights.

According to PANews on August 21, according to PR Newswire, Alameda, UTXO Management and Balch & Bingham LLP announced to join Alameda in the lawsuit against Grayscale, and launched GrayscaleLitigation.com to facilitate other holders to join the plaintiff. At present, Fir Tree Partners, Saba Capital, Owl Creek Asset Management, Aristides Capital, etc. have expressed interest in joining. It is reported that Alameda initiated the lawsuit in March this year, asking for a reduction in management fees and allowing redemptions. According to Grayscale, the effort cannot proceed unless existing shareholders who collectively own at least 10% of all of the trust's shares join a lawsuit as co-plaintiffs. Trust shareholders are encouraged to participate as co-plaintiffs by submitting information using the designated website, GrayscaleLitigation.com, by September 1, 2023. Balch & Bingham LLP is prepared to represent eligible shareholders in litigation at zero out-of-pocket fees. Earlier news, Alameda Research is calling more plaintiffs to join the company's lawsuit against Grayscale Investments (Grayscale Investments).