Arthur Hayes published an article stating that Trump’s support for cryptocurrencies is not sincere and that he will abandon cryptocurrencies once he takes office. Cryptocurrency voters should ask their elected political representatives to enact it into law before Election Day. He hopes to write “Cryptographic currencies and tokens that reside on or are powered by a blockchain are forms of protected speech” into legislation.

#trump

Fortune: SEC informed Paxos that they did not intend to recommend an enforcement action. The notice came more than a year after the SEC sent Paxos a Wells notice, or a letter signaling an impending enforcement action, over the BUSD stablecoin that Paxos issued in partnership with Binance.

#sec #Paxos #busd

Coingecko co-founder: A DNS attack is going on right now affecting Squarespace domain registrar. Best thing to do is to not interact with crypto and rest for the next couple of days until everything is resolved.

Google sold their domain business to Squarespace a few months ago and the forced migration of domains to Squarespace removed 2FA causing all these domains to be vulnerable and several have been hijacked.

#CoinGecko #dns #googl #squarespace

💰 NEW: The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.

Terraform's collapse started with the depegging of TerraUSD (UST), causing a crash in its related token, Terra Luna Classic (LUNC). The current token, Terra (LUNA), is also down 98% since its May 2022 peak of $18.87.
Did you invest in $LUNA back then?
🐳 - I did…
❤️ - I didn't

#ust #lunc #TeraLunaClassic #luna

Community Alert: Compound Finance website seems to potentially be hijacked do not visit the site for the time being. Currently redirects to a newly registered site.

Donald Trump to speak at Bitcoin 2024 in Nashville - 𝕏/@CoinDesk

Snapshot of the state of the Ethereum market before ETF inflows: About 40% of $ETH supply is locked, 28% staked, and 12% in smart contracts and bridges.

WIF's price exceeded $4 today, with a market capitalization of $4 billion, surpassing PEPE and becoming the third largest MEME, behind DOGE and SHIB. WIF's largest holding address 2Fcm...PE6d has a profit of $134 million (+1440%). He started buying WIF in December 2023 with an average purchase price of $0.248. Selling has not started yet.

$WIF
$MEME
$DOGE
$SHIB

Vitalik once again expressed his appreciation for Worldcoin: they actually have been doing quite a good job of taking the privacy critiques seriously and designing their system to be more and more data-minimal. Vitalik earlier stated that Worldcoin's efforts in privacy protection are much higher than other centralized authentication solutions.

$WLD

BlackRock’s entry into RWA signals the start of the bull run

I’ve cemented my RWA thesis and am prepared for the biggest run this year

Here are some hidden gems to catch the 100x

$PLUME
$RIO
$IXS
$SMT
$CPOOL
$GB

Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, today launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $800M staked.

Bitcoin Ordinals founder Casey releases Runes documentation. Runes allow Bitcoin transactions to etch, mint, and transfer Bitcoin-native digital commodities. Runes come into existence by being etched. Etching creates a rune and sets its properties. Whereas every inscription is unique, every unit of a rune is the same. They are interchangeable tokens, fit for a variety of purposes.

HKbitEX announced the in-principle approval of Hong Kong SFC licenses 1 and 7 VATP, becoming the fourth licensed crypto exchange in Hong Kong. It claims to be the first digital financial group with a full virtual asset license in HK. HKbitEX issued the first Hong Kong real estate STO.

UK Regulator Cracks Down on Meme Coins and Crypto Influencers

The UK's financial watchdog has warned financial influencers against sharing misleading advice online, especially regarding meme coins and other crypto projects. The Financial Conduct Authority (FCA) emphasizes that all advice should be clear and honest, or influencers could face jail, big fines, or both. They also reminded that influencers must reveal any personal gains from the assets they promote.

New BlackRock tokenized fund garners $160 million in deposits

The BlackRock USD Institutional Digital Liquidity Fund (BUIDL), the $10 trillion asset manager's first tokenized investment fund, saw $160 million in inflows in its first week. It appears to be growing, with fresh funds from tokenized real-world asset (RWA) platform Ondo Finance. 

Web3 AI platform MyShell raises $11 million in a round led by Dragonfly.

SEC can proceed with lawsuit again lawsuit against Coinbase concerning its staking program. Another claim against Coinbase wallet was dismissed - Court Ruling

#XRP/USDT🔥🔥: #sec

Just In: The OKX API suddenly failed, and the account balances were displayed in confusion. Some accounts showed zero, and some soared to tens of millions of dollars, affecting thousands of users. Affected areas include Singapore, the United Kingdom, Japan, etc.

Some traders reported that due to the lack of data on positions obtained through the API, some traders suffered large losses. OKX responded that there are currently error reporting issues in the account balance and position interfaces, and the technology is handling it urgently. — link

#Okb

Arbitrum Foundation, Azuki, and Weeb3 Foundation are excited to join forces and unveil AnimeChain, a blockchain-driven anime network. This collaborative venture is designed to warmly welcome anime enthusiasts into the world of web3, offering an engaging mix of content, games, merchandise, and NFTs. It's a friendly invitation to dive into a new way of enjoying all things anime, together.