☕️ GM! Here are the top events in #Crypto for the past 24 hours#Binance
🟠 Tether will launch a stablecoin pegged to the UAE dirham (AED) in partnership with Phoenix Group, enhancing digital AED transactions.
🟠 VP Kamala Harris plans to support policies that help digital assets grow, focusing on stable rules for emerging technologies.
🟠 McDonald's Instagram was hacked to promote a Solana memecoin called "GRIMACE," which briefly surged to $20 million in market cap before crashing below $1 million.
🟠 Mt. Gox transferred 1,265 BTC ($75M) to Bitstamp, signaling possible creditor repayments. Earlier, $700M in BTC was moved to an unknown wallet.
🟠 China's new rules classify using virtual assets for money laundering, increasing legal risks for traders receiving illicit funds.
🟠 Malaysian authorities crushed 985 bitcoin mining rigs worth $452,500 as part of a crackdown on power theft linked to crypto mining.
🟠 A crypto whale lost $55 million in Dai stablecoins to a phishing attack, exploiting a Maker Vault through a malicious transfer of DSProxy ownership.
🟠 Abu Dhabi's financial regulator proposes a framework to supervise fiat-referenced tokens (FRTs), ensuring they are backed by liquid assets and can be redeemed for fiat currency.
🟠 Terraform Labs' bankruptcy reorganization hearing is set for September 19, which will determine if the company can restructure or must liquidate.
🟠 Binance plans to hire 1,000 employees in 2024, expanding its compliance team by 200, following regulatory challenges and global scrutiny.
#Binance #bitcoin #Ethereum #cz_binance $BNB
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