Former CFTC Chair joins Paxos board of directors

As a crypto investor with a background in traditional finance and a keen interest in regulatory developments, I’m thrilled to see former CFTC Chair J. Christopher Giancarlo join Paxos’ board of directors. His expertise and understanding of complex market dynamics will be invaluable as the company navigates the evolving regulatory landscape for digital assets. I … Read more

Tether froze $5.2m USDT from suspected scammers

As a researcher with extensive experience in the cryptocurrency space, I’ve witnessed firsthand the persistent threat of phishing scams and other malicious activities within the ecosystem. The recent incident involving Tether freezing around $5.2 million USDT on suspected phishing scammer addresses is a concerning reminder of this reality. Approximately $5.2 million worth of USDT stablecoins, … Read more

Bloomberg analyst: Ethereum ETF approval unlikely

As an experienced financial analyst, I have closely followed the developments in the world of cryptocurrencies and exchange-traded funds (ETFs). Based on my understanding of the current regulatory landscape and the recent statements from industry experts like Eric Balchunas and James Seyffart, I believe that the odds of approval for spot Ethereum ETFs are extremely … Read more

Polymarket raises $70m backed by Peter Thiel’s VC firm

As an analyst with a background in fintech and regulatory compliance, I find the development around Polymarket and its investment from Founders Fund intriguing. The platform’s unique business model, which allows users to bet on political events, has attracted significant attention and investment. However, it also faces challenges from regulators like the CFTC, which have … Read more

Degen chain network halts production for over 42 hours

As a crypto investor with experience in using various blockchains and decentralized applications, I’m deeply concerned about the ongoing network issues affecting both Degen and Apex chains. The prolonged downtime, especially on the Degen chain, which is widely used by Farcaster users, is not only frustrating but also impacting my investment and engagement in the … Read more