In this weekly recap, we cover:
- SEC Ends Stablecoin Probe: SEC ends Paxos stablecoin investigation, marking a win for the crypto industry.
- Celsius Sues Users Over Withdrawals: Celsius sues users who made $100K+ withdrawals pre-bankruptcy.
- Polychain Accuses Ex-Partner: Polychain accuses Niraj Pant of an undisclosed Eclipse token deal.
- Senate Crypto Hearing: Senate hearing discusses new crypto legislation for CFTC regulation.
- Trump’s GOP Platform Supports Crypto: GOP platform supports crypto, opposes CBDC.
- StarkWare’s Staking Proposal: StarkWare proposes phased staking for Starknet to enhance the network’s resilience.
- Aave DAO Criticizes MakerDAO: Aave accuses MakerDAO of reducing Spark’s profit share.
- Cambodian Crypto Scam: Cambodian ruling family has been linked to a $11B crypto scam.
- BlackRock’s BUIDL Fund Milestone: BlackRock’s BUIDL tokenized treasury fund surpasses $500M.
- Solana’s Firedancer Milestone: Firedancer builds first testnet block. The validator client is set to boost Solana’s throughput.
- BONK Reclaims Memecoin Top Spot: BONK overtakes WIF as top Solana memecoin.
