Coinbase Announces US Securities Regulator to Withdraw Lawsuit

Coinbase announced on Friday that the U.S. Securities and Exchange Commission (SEC) intends to withdraw its lawsuit against the cryptocurrency exchange, marking the end of a protracted legal battle that had significant implications for both the company and the broader crypto industry. The case was seen as a major test of regulatory oversight in the sector, with potential consequences for the future of digital asset trading in the United States.

Since President Donald Trump took office, the SEC has rapidly shifted its approach to cryptocurrency regulation under Republican leadership. The agency has moved to establish a specialized task force focused on digital assets and has rolled back key accounting guidance that had previously been a point of contention for crypto firms. These changes reflect a broader effort to redefine the regulatory landscape governing digital currencies.

The SEC declined to comment on the decision, but reports indicate that the agency has been reviewing its ongoing litigation strategy. Even before formally updating its regulations, the commission was expected to reconsider pending court cases, potentially reversing actions taken under the previous leadership.

The move to dismiss the lawsuit against Coinbase is among the most significant steps taken under the SEC’s acting Republican leadership. The case was one of several high-profile legal actions initiated by the agency’s previous chair, and its withdrawal signals a major shift in the government’s stance on crypto enforcement.

Activision Confirms Tony Hawk’s Pro Skater Announcement for March 4; Rumors Hint at 3+4 Remaster

Activision is preparing to make a big reveal about the next installment in the Tony Hawk’s Pro Skater series, with a countdown now live on the official website, leading up to March 4. While the publisher has not yet confirmed the details of the upcoming game, industry rumors suggest that it could be a remaster of the beloved Tony Hawk’s Pro Skater 3 and 4. This has sparked excitement among fans who have been eagerly awaiting a return to these classic skateboarding titles. The announcement comes after a series of cryptic teases, including an in-game reference in Call of Duty: Black Ops 6.

The official website has set the date “03.04.25” along with a countdown timer, which has only intensified anticipation for the upcoming reveal. Although the exact details remain under wraps, the clues point toward a potential remaster of the two fan-favorite games, Tony Hawk’s Pro Skater 3 and 4. These games are widely regarded as some of the best in the series, and a remaster could offer updated graphics, improved controls, and possibly new content, offering a nostalgic experience for long-time fans of the franchise.

Last week, Activision dropped another hint in the form of the Call of Duty: Black Ops 6 Season 02 Reloaded update. This update brought back the “Grind” skatepark map from Black Ops 2, alongside subtle branding from the Tony Hawk’s Pro Skater series. The inclusion of these references within the update strongly suggested that the upcoming announcement would involve a new Tony Hawk game. To further fuel speculation, popular gaming news outlet Charlie Intel shared the teaser on Bluesky, and Tony Hawk himself responded with a playful eyes emoji, further confirming the buzz surrounding the March 4 reveal.

As the countdown to March 4 continues, fans of the Tony Hawk’s Pro Skater series are eagerly awaiting what could be a major announcement. Whether it’s a full remaster of the iconic Tony Hawk’s Pro Skater 3 and 4 or something entirely new, the excitement is building for what could be the next big chapter in the legendary skateboarding franchise. With Tony Hawk’s involvement and the recent teasers, it’s clear that Activision is looking to reignite the thrill of skating in the virtual world.

Tomb of Pharaoh Thutmose II Unearthed in Egypt After a Century of Search

The tomb of Thutmose II, the ancient Egyptian pharaoh who ruled approximately 3,500 years ago, has been discovered west of the Valley of the Kings, marking an extraordinary find after a century of searching. This discovery, announced by Egypt’s Ministry of Tourism and Antiquities, is a significant milestone in Egyptology. The tomb, while largely devoid of treasures, provides invaluable information about ancient Egyptian burial practices. Initial examinations suggest that flooding shortly after the burial led to the removal of grave goods, leaving the chamber empty of artefacts and the pharaoh’s mummy. Despite the tomb’s empty state, ceramics inscribed with Thutmose II’s name were found, which helped confirm the tomb’s royal ownership.

While the tomb itself had been untouched by looters, the absence of grave goods and the mummy led archaeologists to consider the possibility of a second, undiscovered burial site where these items were relocated after the flooding. Some experts speculate that a mummy found in a cache at Deir el-Bahari could belong to Thutmose II, though discrepancies in the estimated age of death cast doubt on this theory. Further research is ongoing to explore the potential of finding his remains and the missing burial artifacts, which could shed light on the royal burial customs of ancient Egypt.

The tomb was first identified in October 2022, but it wasn’t until late 2024 and early 2025 that researchers, using analysis of pottery fragments, were able to definitively link it to Thutmose II. Piers Litherland, an Egyptologist from the University of Cambridge who co-led the excavation, shared that a pottery shard bearing a label indicating natron—a substance used in mummification—provided further evidence that the site was once a burial location. This discovery, although still in its early stages, has the potential to unlock deeper understanding of the burial practices of one of Egypt’s long-reigning pharaohs.

The find holds immense historical significance not only for uncovering the tomb of a pharaoh but also for offering new clues about the royal burial rituals of ancient Egypt. Despite the lack of traditional burial riches, the discovery of ceramics and the presence of natron provide critical insights into the embalming and mummification processes, which continue to intrigue researchers and historians alike. As the investigation progresses, there is hope that further revelations about Thutmose II’s final resting place and the royal burial practices of the time will emerge.