Digital Yuan Money Laundering Ring Busted in Shaoxing

As a researcher with a background in financial technology and cybersecurity, I’ve been closely following the developments in digital currencies, including China’s digital yuan. The recent arrest of a criminal gang in Shaoxing for money laundering through the digital yuan is a stark reminder of the risks associated with these currencies. As a crypto investor, … Read more

SEC Chair Gensler Signals Potential Ether ETF Approval by Summer End

As an experienced financial analyst, I am closely following the developments surrounding the potential approval of Ether-based exchange-traded funds (ETFs) in the United States. The recent indication from Gary Gensler, the SEC Chair, that approvals could be given by the end of summer is a significant step forward in this process. During a recent Senate … Read more

Curve Finance Responds to $10M Liquidation Event

As an experienced financial analyst, I find Michael Egorov’s situation concerning, given the significant impact his overleveraged position had on Curve Finance. The liquidation event, resulting from his $95.7 million borrowing against $141 million in CRV collateral, caused a cascade effect leading to approximately $10 million in bad debt. Michael Egorov, the founder of Curve … Read more

Tim Ryan: Crypto is gaining popularity among Democrats, ‘Gensler will be gone’ soon

As a researcher with a background in politics and technology, I find the growing interest in cryptocurrency within the Democratic party intriguing. The approval of bill FIT21 by the U.S. House of Representatives is a clear indication that this once-niche topic is now gaining significant traction among Democrats. Tim Ryan, a previous Democratic representative, holds … Read more

Paradigm announces $850 million fund for early-stage crypto projects

As a seasoned crypto investor with several years of experience under my belt, I’m thrilled to see Paradigm’s latest announcement about their new $850 million fund. This San Francisco-based venture capital firm has been a trailblazer in the crypto space, having contributed significantly to some of the industry’s most successful projects. Paradigm, a crypto-focused venture … Read more