Bitcoin Exchange Paxful Fined $4M
Paxful was fined $4M after pleading guilty to facilitating money laundering, fraud, and sex trafficking transactions. The DOJ reduced the original $112M penalty due to inability to pay. #Breaking #Legal
Uniswap Surges 10% with BlackRock Token
Uniswap’s $UNI surged 10% after @BlackRock announced its Treasury-backed BUIDL fund integration on the platform, including plans to buy UNI tokens. #Update #Crypto $UNI
Bitcoin Falls Amid Strong US Jobs Data
@Uniswap Labs and Securitize enable Blackrock’s BUIDL fund trading on UniswapX, offering near-instant liquidity between tokenized shares and $USDC. #Update #DeFi $USDC
Gold Supply Is Infinite Rich Dad Warns
Robert Kiyosaki warns that gold supply is “theoretically infinite” and prefers Bitcoin for its finite nature, stating it should increase in value as only 21 million can be mined. #Update #Crypto $BTC
Crypto Markets Revolutionized by Risk Curators
Bhavin Vaid highlights the importance of risk curators in crypto for pricing efficiency and transparency, emphasizing lessons from DeFi failures to shape future investment products. #Update #Crypto
Crypto Projects Targeted by North Korean Cyberattacks
Google Cloud’s @Mandiant reports a surge in North Korean cyberattacks on crypto projects, utilizing AI-driven deepfakes and fake Zoom meetings to steal sensitive data and digital assets. #Update #Crypto $BTC $ETH
Stablecoin Salary Payouts Launch in UK EU
@Deel will offer stablecoin salary payouts via @MoonPay for UK and EU workers starting next month, enhancing payroll processing for 150 million globally. #Update #Crypto $USDT
Crypto Derivatives Boom Hits $100 Trillion
@CoinFund’s David Pakman highlights Gen Z’s shift to high-risk crypto bets as a rational response to wealth barriers, with prediction markets surging from $100M to $44B in three years. #Update #Crypto $BTC $ETH
SEC Eases Crypto Policing Lawmakers Slam
Democrats criticized SEC Chair Paul Atkins for dismissing crypto cases linked to Trump, eroding trust amid a $1 trillion market loss. #Update #Legal
Tokenized Commodities Surge to $6B
Markets tokenized gold sector grows 53% to $6B, led by @Tether_to’s XAU₮ and Paxos’s PAXG. Tether invests $150M in Gold.com for physical integration. #Update #Crypto $PAXG
US Equities Plunge Amid Midday Reversal
U.S. stocks opened strong but reversed midday as robust jobs data lifted Treasury yields, dampening hopes for Federal Reserve rate cuts. #Update #Finance
Bitcoin Fees Slashed on Cash App Buys
@CashApp eliminates fees on Bitcoin purchases over $2,000 and recurring buys to enhance Bitcoin usability. Withdrawal limits are increased, supporting larger transactions. #Update #Crypto $BTC
JPMorgan Blockchain Executive Exits After 10 Years
Navin Malella, a key executive at @JPMorgan’s blockchain division, departs after 10 years; under his leadership, JPM Coin launched and Kinexys transactions surged tenfold. #Update #Crypto $USDC
Lombard Links Institutional Custody to Onchain Finance
@Lombard plans to launch Bitcoin Smart Accounts, allowing institutional custody Bitcoin to be used as onchain collateral via receipt token BTC.b, targeting idle $BTC valued at $1.4 trillion. #Update #Crypto $BTC