Business
AERO, which is distributed to liquidity providers and can be locked up to give holders governance rights, has seen its price jump nearly 20% in the past seven days to 61.8 cents.
After it dropped plans to launch its own chain, multiple of Friend.tech’s main metrics dropped, while users criticized them for “greed or incompetence.”
Bitcoin
After a selling spree spanning the better part of three weeks, the German government’s bitcoin holdings have dropped under 6,400 BTC.
Regulation
Paxos received a formal letter from the SEC stating that the regulator will not pursue an enforcement action against the firm in its investigation of the BUSD stablecoin.
DeFi
Two prominent crypto projects have been exploited and many more could be at risk after two-factor authentication (2FA) was disabled, at the front-end, for projects using Google Domains amid a migration to Squarespace.
Illicit actors turn to centralized exchanges for laundering because of liquidity, integrations with traditional finance and ease of connecting crypto to fiat, according to Chainalysis.
Nearly a decade of digital asset experience has given the CFTC staff a deep understanding of the digital asset market, said the agency’s chairman Rostin Benham.
ARB token holders signaled almost unanimous support in diversifying part of the DAO’s multi-billion dollar treasury into real-world assets.
Solana
BONK and WIF, which have a combined market cap of nearly $3.4 billion, make up roughly 7.6% of the entire market cap of all memecoins.
Jump Crypto’s Firedancer achieved a key milestone on the testnet. The high-performance Solana validator client has been in the works since 2022.
