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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
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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
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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
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💰 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
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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.
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