CFTC Bans Celsius Fraudster Mashinsky
Celsius founder Alex Mashinsky was banned from CFTC-regulated markets and sentenced to 12 years for fraud, marking a significant regulatory enforcement action. Legal
Celsius founder Alex Mashinsky was banned from CFTC-regulated markets and sentenced to 12 years for fraud, marking a significant regulatory enforcement action. Legal
Malta’s Financial Services Authority proposes a legal framework for DeFi, recognizing DAOs as software-based organizations, and opens public consultation until July 10 under MiCA regulations. #Update #Crypto $MATIC
Range closes an $8.3M Series A to expand stablecoin infrastructure, protecting $30B assets across 200+ networks. Investors include TX Ventures and SixThirty. #Update #Fintech
@Custodia and @VantageBank propose a token that toggles between bank deposits and stablecoins, currently testing on Ethereum with plans for broader rollout in Q4 2026. #Update #Crypto $USDC
Grayscale Investments identifies AAVE as undervalued, predicting a rise to $175 within a year. DeFi protocols have generated nearly $25 billion in fees since 2023, marking a shift to stable income sources. #Update #Crypto $AAVE
Federal regulators imposed permanent trading and registration bans on Celsius founder Alexander Mashinsky for fraud, as legal actions by SEC, FTC, and DOJ widen fallout. #Breaking #Legal
The SEC proposes rescinding Regulation NMS Rules 611 and 610(e), potentially simplifying equity-market routing, indirectly benefiting tokenized equity platforms. Public comments are open. Legal
The Irish government released its first digital asset risk assessment in seven years, highlighting significant risks like money laundering and plans for crypto regulations by 2027. #Update #Crypto $BTC $ETH
Ethereum Foundation co-director Hsiao-Wei Wang departs amid ongoing leadership turnover; $ETH down 1.4% in 24 hours, trading at $1,708. #Update #Crypto $ETH
Alchemy launches Agentcard with Visa, enabling AI agents to make purchases with tokenized payments and crypto support. Visa, Metamask, and Mastercard expand agent finance into 2026. #Update #AI
@Wealthsimple is launching a prediction markets app, Wealthsimple Predict, in Canada this summer, offering 4,000 event contracts after regulatory approval. #Update #Crypto $BTC
Perplexity launches Brain, an AI memory system enhancing task accuracy by 25% and reducing costs by 13%, available for Max subscribers. #Update #AI
@EthereumFndn co-executive director Hsiao-Wei Wang has stepped down, following a wave of departures amid governance scrutiny. Vitalik Buterin acknowledges the challenges faced by leadership. #Update #Crypto $ETH
@CMEGroup plans to sue the CFTC over its approval of Bitcoin perpetual futures on Kalshi and Coinbase, arguing they should be classified as swaps, imposing stricter regulations. #Breaking #Legal $BTC