- In this weekly recap, we cover:
- Circle’s Public Debut: The USDC issuer raises over $1 billion in a heavily oversubscribed IPO, debuting under the ticker CRCL.
- Trump Media’s ETF Play: A new Bitcoin ETF branded under Truth Social is filed, while confusion swirls around a “$TRUMP Wallet.”
- Staked ETF Filings Questioned: The SEC flags legal concerns with Solana and Ethereum staking ETF proposals from REX and Osprey.
- Ethereum’s Structural Shift: The Foundation restructures its core R&D unit and releases a formal policy for managing its treasury.
- SEC and CLARITY Act Clash: Democrats accuse the SEC of withholding key analysis on a major crypto regulation bill.
- Coinbase’s Data Breach Fallout: New reports show the exchange delayed disclosure of a breach tied to an Indian contractor.
- CZ’s Dark Pool DEX Idea: Binance’s founder proposes a privacy-focused DEX.
- Lazarus Group Exposed: BitMEX researchers uncover rare security lapses in the North Korean hacker network.
- Webus Bets on XRP: The Chinese firm files with the SEC to build a $300 million XRP-based treasury for global payments.