A US lawmaker has proposed to slash SEC chair Gary Gensler’s salary to $1.

Currently, Gensler earns upwards of $300,000 per year for his duties as head of the SEC.

Rep. Tim Burchett has proposed drastic changes in The Financial Services and General Government bill to cut funding to the SEC and other government agencies.

It is a broad piece of legislation that aims to significantly reduce government spending across the sectors.

#CryptoVigilance #SECChairSalary #usa

AAVE's Security Scare: A Crucial Crypto Cautionary Tale

Hello, Linkan here! 🚀 In the crypto cosmos, a single security slip can send shockwaves across the market. AAVE, a titan in the DeFi arena, recently faced a security challenge that could've had serious implications. Let's dive into this cautionary tale and extract vital lessons for safeguarding our crypto ventures.

Picture your crypto assets as a treasure in a digital vault. Now, imagine a scenario where the vault's code is almost cracked. That's the recent story with AAVE—a security loophole was identified. Thankfully, it was like catching a would-be thief with their hand on the dial, but before the safe was cracked open. 🕵️‍♂️

This event is a stark reminder for all of us invested in cryptocurrencies, echoing the chilling Ronin Bridge heist that saw a monumental loss. It underscores the critical need for iron-clad security protocols and the relentless pursuit of digital safety in our blockchain transactions.

So, what's the key to bolstering our defenses? It lies in aligning with platforms that not only build strong walls but also keep a vigilant watch, ready to act at a moment's notice to seal any breaches.

In the spirit of community wisdom, what are your go-to strategies for crypto security? Drop your insights below and let's strengthen our collective defense! 🛡️

Hashtags:
#CryptoGuardians #AAVEAlert #DeFiDefense #BinanceSquare #CryptoVigilance

Disclaimer:
Note, this is purely for educational purposes. While I aim to enlighten, this is not financial advice. Always conduct your own research. 📚

Empowered with this knowledge, let's not just be spectators but active participants in securing our digital future. Hit like, share your thoughts, or tip to amplify our united front in crypto security! Together, we're unstoppable. 💪

Chainlink’s LINK reaches a new yearly high amid string of market narratives

Chainlink’s LINK native token has soared by more than 60% over the past month to a yearly high of $12.65, according to CryptoSlate’s data.
During the reporting period, LINK broke through critical resistance levels, hitting highs not seen since April 2022.

#LINKPrice #CryptoCourtCase #CryptoVigilance #CryptoBullMarket #crypto2023 $BTC $USDC $BNB