Democrats are pushing a legislation to prevent top officials from exploiting investors through memecoins.
On March 1st, COINOTAG News reported significant market movements as institutional interest in Ethereum-related assets appears to wane. The latest data from Farside Investors outlined a substantial net outflow from
Remember when Dogecoin ($DOGE) was just a joke? Back in 2013, no one took it seriously—until it skyrocketed. Early buyers who snagged DOGE for mere fractions of a cent are now sitting on millions. Missed that train? Don’t worry, because Arctic Pablo Coin ($APC) is offering a golden opportunity for those who regret not investing in Dogecoin’s early days. Dogecoin’s Early Days – The Ultimate Missed ICO Dogecoin was launched in December 2013 at an initial price of around $0.00026. At the time, it was considered nothing more than a fun meme coin. Fast forward to 2021, and DOGE soared past $0.70, delivering mind-blowing gains. Investors who put in just $100 in Dogecoin’s early days walked away with over $250,000 at its peak. The lesson? The best investments often look like jokes at first. Dogecoin proved that meme coins can explode, and now Arctic Pablo Coin is set to follow that path. Arctic Pablo Coin: The Next Big Meme Coin with Massive ROI Potential Arctic Pablo Coin is rewriting the rules of meme coin presales. Unlike traditional ICOs, Arctic Pablo Coin’s presale isn’t divided into stages but instead follows an adventurous journey. Right now, it has reached Penguinopolis, the 12th phase, and its price is still at a low $0.000067. With an expected launch price of $0.008, early investors are staring at a potential 11,844.78% ROI. Not only that, but Arctic Pablo Coin also has a powerful token burn mechanism that permanently removes unsold tokens every week during the presale. This scarcity-boosting feature increases the coin’s value over time, just like what happened with DOGE when supply became a concern. Arctic Pablo Coin’s Staking & Rewards System – Passive Income for Holders Arctic Pablo Coin isn’t just about price appreciation; it also offers an APY of 66% during the presale. This means investors can stake their tokens and earn even more, making it one of the top new meme coins for exponential returns . On top of that, the project features referral incentives and community competitions, ensuring early adopters get the most out of their investments. Time is Running Out – Get in Before the Next Price Jump Dogecoin’s early investors had years to accumulate. Arctic Pablo’s meme coin presale , however, is moving at lightning speed. It has already raised over $1.64 million, and as it moves to the next location, the price will only go up. If you want to lock in at $0.000067, now’s your moment. Once it hits exchanges at $0.008, the window for life-changing gains will have closed. Final Thoughts – Arctic Pablo Coin is the Next Meme Coin to Watch Dogecoin proved that meme coins can make millionaires. Arctic Pablo Coin is taking that legacy and adding higher rewards, staking, a strategic burn mechanism, and a thrilling presale journey. If you regret missing DOGE at $0.00026, this is your second chance. Get in before Arctic Pablo Coin leaves Penguinopolis and the price shoots up! For More Information: Arctic Pablo Coin: https://www.arcticpablo.com/ Telegram: https://t.me/ArcticPabloOfficial Twitter: https://x.com/arcticpabloHQ FAQs What is Arctic Pablo Coin’s presale price right now? Arctic Pablo Coin ($APC) is currently priced at $0.000067 during its presale phase in Penguinopolis. How much ROI can early investors expect? With a launch price of $0.008, early investors could see gains of over 11,844.78%. How does Arctic Pablo Coin’s token burn work? Unsold tokens are permanently burned weekly during the presale, increasing scarcity and long-term value. Does Arctic Pablo Coin offer staking rewards? Yes! Investors can stake their tokens and earn a 66% APY during the presale. How much has Arctic Pablo Coin raised so far? Arctic Pablo Coin has already raised over $1.62 million, making it one of the top new meme coins for exponential returns. The post If You Missed Dogecoin, Here’s Your Second Chance with Arctic Pablo Coin – Go From Cents to Hundreds appeared first on TheCoinrise.com .
Crypto prices today (March 1) have reignited a bullish market sentiment among traders and investors globally, illustrating signs of recovery. Bitcoin (BTC) price gained nearly 8% in the past 24 hours. Whereas, Ethereum (ETH), XRP, and Solana (SOL) prices were up by 5%-16%, underscoring a major bounceback from previous dips. Simultaneously, meme coin prices were also trading in the green zone, with TRUMP leading the broader market gains. Mentioned below are some of the most trending coins for the day and a brief report on their price movements. Crypto Prices Today: BTC & Altcoins Show Signs Of Recovery The crypto market gained nearly 5% in the past 24 hours, closing the week with a market cap of $2.82 trillion. Further, even the total market volume witnessed a 12% uptick to $158.76 billion. BTC price ends the week near the $85K level, sparking some hope despite the recent market bloodbath. Simultaneously, ETH managed to regain a break above $2,200. BTC Price Regains $85K At the time of reporting, BTC price gained nearly 8% intraday and exchanged hands at $85,351. The flagship coin hit a bottom and a peak of $78,248.92 and $85,608.40 in the past 24 hours. Notably, the rising price action comes despite rising PCE Price Index for January, per a recent CoinGape report. Also, BTC futures OI jumped 2% in the past 24 hours to $51.13 billion, per Coinglass data. The flagship coin appears to be witnessing renewed market interest as the week closes. ETH Price Jumps 6% ETH price witnessed an uptick of slightly over 6% over the past day, closing in at $2,264. The coin hit a 24-hour low and peak of $2,076.17 and $2,273.02, respectively. Ethereum rises alongside a 4% surge in its futures OI to $19.90 billion. The latest update surrounding the crypto remains that the U.S. SEC has delayed its decision on Fidelity ‘s spot Ethereum ETF options. XRP Price Surges 9% XRP price pumped 9% in the past 24 hours, exchanging hands at $2.19. The coin hit an intraday low and peak of $1.96 and $2.21, respectively. XRP futures OI saw an 8% increase to $3.05 billion in the past 24 hours, underscoring rising market interest. SOL Price Soars Over 15% SOL price sky-shot by over 15% intraday and exchanged hands at $146.41. The coin hit an intraday bottom and peak of $125.74 and $150.79 over the past 24 hours. Solana’s price rose alongside a 15% surge in its futures OI to $4.65 billion, per Coinglass data . Meme Crypto Prices Today Simultaneously, the meme coin sector has mirrored an uptrend that is in sync with the broader market trend. Dogecoin (DOGE) price saw a 10% increase in value to $0.2075. Similarly, Shiba Inu (SHIB) price rose over 5% to $0.00001406. Even Pepe Coin (PEPE) price sky shot over 6% today, closing in at $0.000007934. Top Gainer Crypto Prices Today Official Trump (TRUMP) Price: $14.02 24-hour Gains: =23% Celestia (TIA) Price: $4.17 24-hour Gains: +20% Hedera (HBAR) Price: $0.2253 24-hour Gains: +19% Top Loser Crypto Prices Today Nexo (NEXO) Price: $1.12 24-hour Loss: -3% KuCoin Token (KCS) Price: $11.49 24-hour Loss: -1% PAX Gold (PAXG) Price: $2,859 24-hour Loss: 0.5% Overall, traders and investors reflect considerable optimism in light of the crypto market’s recent recovery-like trend, anticipating potential gains ahead. The post Crypto Prices Today (March 1): BTC Jumps 8%, ETH, XRP, & SOL Recover appeared first on CoinGape .
The Tron network’s stablecoin market is witnessing a clear leader. USDT has established itself as the primary asset for value transfers and trading. In fact, CryptoQuant’s latest analysis revealed the overwhelming dominance of USDT on the Tron network, which accounts for 98.5% of the total stablecoin supply. USDT’s Market Share on Tron With a circulating supply of $62.76 billion out of nearly $64 billion in stablecoins on the network, USDT has established itself as the cornerstone of Tron’s stablecoin ecosystem. Competing stablecoins hold only marginal shares, with USDC representing 0.06%, USDD at 1.15%, TUSD at 0.26%, and USDJ making up just 0.01% of the supply, as per the on-chain analytic platform’s findings . Notably, the supply of other stablecoins has remained stagnant since March 2024. The same cannot be said for USDT which continued to expand while solidifying its market dominance. Beyond supply, USDT also plays a crucial role in Tron’s liquidity. Its daily on-chain volume from centralized exchanges ranges between $4 billion and $5 billion, spiking during periods of high TRX price volatility. This indicates that USDT not only dominates the network’s stablecoin supply but also serves as a critical pillar for trading activity and value transfers across the Tron blockchain. Data from IntoTheBlock further revealed that the Tron network currently processes over 14 million USDT transactions per week, which represents 69% of all USDT activity. This figure is a notable increase from 61% in late January. Zero-Fee USDT Transactions on Tron Tether’s USDT stablecoin is set to introduce commission-free transactions on the Tron blockchain, according to Tron founder Justin Sun’s recent post on X. The Gas Free feature will allow USDT transfers without requiring TRX tokens for gas fees, making transactions more accessible. Sun invited wallets and projects to integrate the feature through JustLend, which happens to be Tron’s official lending platform. Tron has been known for its low-cost USDT transfers compared to Ethereum, but recent data shows it has become one of the most expensive networks for USDT, with gas fees ranging between $3.06 and $6.22 – significantly higher than Ethereum’s $0.14 fees. As such, the new Gas Free feature aims to restore Tron’s position as a cost-effective stablecoin network by eliminating the need for users to hold TRX for transactions. The post USDT Dominates Tron Network with 98.5% Share of Stablecoin Supply appeared first on CryptoPotato .
HodlX Guest Post Submit Your Post I’ve been closely following the evolving landscape of AI in the crypto space and its evolution over the past few years. The integration of AI (artificial intelligence) into blockchain technology is not just a trend or a narrative. It’s now a paradigm shift that is reshaping the crypto industry in profound ways. The rise and unexpected fall of AI agents in crypto Autonomous AI agents have become indispensable in the cryptocurrency world. They can process massive amounts of data, execute trades and make quick decisions. These sophisticated software systems are designed to perform specific tasks within the blockchain ecosystem without direct human oversight. By early 2025, the market capitalization of AI agent tokens will reach $14 billion, indicating rapid expansion. This growth is driven by the increasing integration of AI-powered solutions in the crypto space, including trading strategies and DeFi (decentralized finance) applications. Meanwhile, the integration of AI into the cryptocurrency landscape has taken an unexpected turn in 2025. While initial projections were optimistic, at the time of writing, recent data from Delphi Digital paints a different picture. AI frameworks and platforms have experienced the steepest decline, with an average drop of 84%. This sharp decline has caught many investors off guard, especially given the high expectations for AI-driven projects in the crypto space. Agent-based projects, which were touted as the next big thing in crypto innovation, didn’t fare much better. These projects have seen an average decrease of 73% year-over-year, a significant drop that raises questions about the long-term viability and adoption of AI agents in the crypto ecosystem. AI agents – B eyond simple bots However, it’s important to understand that AI agents are not just advanced versions of traditional trading bots. While bots operate according to predefined rules, AI agents can adapt to new information and change course based on market conditions. This flexibility allows them to do the following. Analyze blockchain data, social media trends and market patterns Identify investment opportunities Execute trades and manage portfolios autonomously The integration of AI into cryptocurrency has far-reaching implications. Advanced trading strategies AI agents can analyze real-time market data to identify trends, predict cryptocurrency price movements and optimize trading strategies – a capability that is particularly valuable in the volatile crypto markets , where quick decisions can make all the difference. Enhanced security AI-powered systems are being used to monitor blockchain transactions, detect irregularities and prevent fraud. As cases of cryptocurrency fraud have skyrocketed and scams such as phishing and scam schemes have become more sophisticated, the importance of AI-driven security solutions cannot be overstated. Democratizing advanced trading tools No-code platforms enable individuals without technical expertise to build complex AI tools, democratizing innovation in the crypto space. This accessibility is likely to drive broader adoption and foster a more connected ecosystem. The future of AI in crypto Looking ahead, we can expect to see the following. Exponential growth – Projections suggest that the number of AI agents could reach one million by the end of 2025, indicating widespread adoption across multiple platforms. Diversification – AI agents are expanding beyond DeFi into various sectors, including social media influence, financial analysis and interactive applications. AI-themed tokens – The convergence of AI and meme culture has given rise to AI-themed meme coins, adding a new dimension to the crypto market. Integration with traditional exchanges – Major cryptocurrency exchanges such as Binance, Kraken and MEXC are integrating AI solutions to improve security, risk assessment and the trading experience for their users. While the potential for AI in crypto is immense, we must also be mindful of the challenges. Regulatory concerns – As AI-driven systems become more autonomous, questions of accountability and regulatory oversight become more pressing. Market manipulation – The power of AI could potentially be used to manipulate markets, raising concerns about fairness and transparency. Data privacy – As AI agents process vast amounts of data, ensuring the privacy and security of user information becomes paramount. In conclusion, I see the integration of AI into the cryptocurrency landscape as both an opportunity and a challenge. As industry leaders, it’s our responsibility to harness the power of AI to create more efficient, secure and accessible crypto markets, while also addressing the potential risks and ethical considerations. The future of crypto is undoubtedly intertwined with AI, and those who can successfully navigate this convergence will be well positioned to lead in the evolving digital economy. Valeriy Yasakov is the CEO of The One , a pioneering mini app on Telegram designed for crypto trading. A visionary entrepreneur, Valeriy combines technical expertise with strategic foresight to drive advances in decentralized financial and trading solutions through his leadership roles. Check Latest Headlines on HodlX Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post AI Agents in Crypto – How Blockchain Is Evolving in 2025 appeared first on The Daily Hodl .
The post Current Best Crypto Presales: Why Aureal One and DexBoss Are the Picks to Consider Right Now!! appeared first on Coinpedia Fintech News In crypto, presales are a fantastic chance for investors to snag tokens at lower prices before they officially launch. With so many exciting projects popping up, presales have seen a boom, offering some pretty cool tech and applications. This article breaks down the five hottest crypto presales that are worth keeping an eye on, especially Aureal One and DexBoss, plus a few other projects that are making some noise in the crypto scene. Aureal One DexBoss Shiba Inu Polygon Chainlink 1. Aureal One (DLUME): A Breakthrough in Blockchain Gaming Aureal One is leading the pack in gaming and the metaverse, bringing out a next-gen blockchain network that’s personalize-made for these booming sectors. Thanks to its Zero-Knowledge Rollups, Aureal One delivers super-fast transaction speeds and keeps gas fees low, which is a big win for both developers and users. Click here to know more about Aureal One Their native token, DLUME, is the heart of the Aureal One ecosystem, acting as both the go-to currency in the network and a form of in-game currency for different projects. Right now, you can grab DLUME tokens for just $0.0011, with the presale hitting 21 rounds and aiming to raise $50 million. We’re currently in round four, where prices start at $0.0005 and will gradually climb to $0.0045 by round 21. This presale is making waves, especially with its first game, Clash of Tiles, displaying what the platform can do. Those hopping into the presale can buy BSC tokens, which will switch to DLUME coins when the blockchain goes live. Plus, DLUME holders get to enjoy staking rewards and have a say in governance, creating a community feel. If you’re looking to dive into something revolutionary, this presale is definitely worth considering. 2. DexBoss ($DEBO): The Future of Decentralized Finance Next on the list is DexBoss , a DeFi platform that aims to connect traditional finance with the decentralized world. It’s designed for everyone, from newbies to seasoned traders, featuring an easy-to-use interface that makes crypto trading a breeze. Right now, the DexBoss presale is live, with a total supply of 1 billion $DEBO tokens starting at $0.01. As the presale goes on, prices will gradually bump up, hitting $0.0458 by the last round before listing at $0.0505. This smart pricing strategy gives investors a chance to see some serious growth potential—up to 405% before it officially lists! DexBoss tackles common DeFi challenges like liquidity issues and high transaction fees by providing deep liquidity pools and low trading costs. It’s also rolling out advanced tools like margin trading, staking, and liquidity farming to enhance the whole trading experience. 3. Shiba Inu (SHIB): The Meme Coin That’s Not Going Anywhere Third on the list is Shiba Inu (SHIB), which continues to be a key player in the crypto space, even though it started as a meme coin. It has drawn a lot of attention and is reshaping its image with projects like Shibaswap and the Shiba ecosystem. Right now, SHIB is trading around $0.00001, making it a pretty affordable option for newcomers. 4. Polygon (MATIC): Powering Ethereum Scalability Our fourth spot goes to Polygon (MATIC), which is super important for improving Ethereum’s scalability and bringing down transaction costs. Currently, MATIC is trading around $0.53 and remains a go-to solution for developers wanting to create efficient decentralized apps (dApps) without the hefty costs of the Ethereum network. 5. Chainlink (LINK): The Backbone of Smart Contracts Rounding out our list is Chainlink (LINK), a top decentralized oracle network that connects smart contracts to real-world data. Right now, LINK is priced at about $7.25, showing its strength and growth in the ever-expanding crypto world. End Note As the crypto market continues to thrive, presales offer a sweet opportunity for investors looking to get in on the ground floor of exciting new projects. Among the buzz-worthy presales, Aureal One leads the way with its mission to shake up the gaming and metaverse worlds. By creating a secure digital environment, Aureal One is set to enhance user experiences through blockchain-driven virtual interactions. DexBoss also stands out, aiming to optimize decentralized finance with a user-friendly trading platform. Don’t overlook other solid presales like Shiba Inu, Polygon, and Chainlink, who have all transitioned from their early-stage offerings into big players in the crypto arena. These presale ventures are among the most attractive early-stage investment prospects in a constantly changing crypto environment. Just keep in mind that before committing any funds, potential investors should do their homework, evaluate each project’s viability, and consider their own risk tolerance.
The recent ruling by a US judge in favor of Hex founder Richard Heart has stirred significant discussions in the crypto community regarding regulatory jurisdiction. Heart’s dismissal of the SEC’s
A US judge tossed the SEC’s case against Hex founder Richard Heart, stating it couldn’t decide whether he defrauded investors of $12.1 million because the US lacked jurisdiction.
The U.S. Securities and Exchange Commission has been busy over the past few weeks, hinting at a brighter future for crypto companies. PS: I'll be in San Francisco next week for the American Banker Payment Forum. Say hello. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. New era The narrative The crypto industry racked up a number of early wins in the first month (and week) of Donald Trump's second term as U.S. president. The U.S. Securities and Exchange Commission announced it would drop or close half a dozen open investigations and ongoing cases, and asked courts to pause two more. Why it matters The crypto industry clearly won big during the 2024 election, and it's only just beginning to see what that means. Questions of how it actually should or shouldn't be regulated are now up in the air. Breaking it down Over the last week and change, the SEC filed to withdraw its case against crypto exchange Coinbase, pause its cases against Binance and Tron and informed ConsenSys, OpenSea, Robinhood, Uniswap and Gemini it would close its cases or investigations into those platforms. These announcements come on the heels of SEC Commissioner Hester Peirce announcing she would head up a new crypto task force at the regulatory agency and publishing a number of open questions to the general public about how securities law might apply to different types of cryptocurrencies and defining how the SEC would oversee this industry. The SEC also withdrew staff accounting bulletin 121, an accounting standard much of the industry hated. While there are a number of investigations or cases still outstanding, it's clear the SEC has taken a sharply diverging tack under Acting Chair Mark Uyeda from when former Chair Gary Gensler helmed the agency. Commissioner Hester Peirce said the SEC was now working to develop more policy that would guide the Division of Enforcement's future actions, rather than have these enforcement actions "write regulatory policy." "We're really trying to get back to using our enforcement division for its intended purpose, and letting the regulatory divisions do the hard work of figuring out how to craft rules, guidance [and] interpretations," she told CoinDesk in an interview. "And then enforcement has a role after that, of course, to enforce the rules that are on the books. But this has just been an area where we've kind of gone about it backwards, and we're trying to right the ship here." The industry has been taking a victory lap with the withdrawals and dropped cases (and to be clear, it's not just the SEC withdrawing enforcement actions and investigations). Amanda Tuminelli, the chief legal officer at DeFi Education Fund, a decentralized finance-focused lobbying group, said any groups in the crypto sector should be more confident they would not be sued "for a mere registration violation." "I don't think that we've won. I won't think that we have won until there are clear final rules on the books that make it clear, that are durable wins that make it clear that the industry is going to be able to innovate and exist for years in the future," she said in an interview. On the other side of this argument, the SEC — and Congress — are "actively welcoming" chaos from the crypto sector to the broader financial system, said Corey Frayer, the director of Investor Protection for the Consumer Federation of America and a former SEC senior adviser to Gensler. "The SEC is not just abandoning enforcement actions, it's actively building an unregulated market for crypto assets," he said in an interview. This could create risk for contagion, he said, referencing FTX and Silicon Valley Bank's collapses. FTX had an issue with leverage (and the various FTX-affiliated tokens, which were used as collateral but lost their value following the exchange's collapse). "As we’ve learned from prior financial crises, ramping up leverage risks that any single bad bet or any significant move in the value of one asset or intermediary will crash the entire crypto sector," Frayer said. Congress's efforts may take some time. Earlier this week, lawmakers with the Senate Banking Committee's new digital assets subcommittee convened its first hearing focused on future legislation. Lewis Cohen, an attorney who's long been active in the crypto sector and a witness at the hearing, said developers had "raced ahead of the legal and policy frameworks designed decades ago." "Perhaps most critically, this uncertain regulatory environment has left consumers and users of digital assets at risk," he said. "A clear, practical and flexible federal statutory regime is urgently needed to address activity involving digital assets in both the primary and the secondary markets." Former Commodity Futures Trading Commission Chair Timothy Massad suggested Congress should focus on stablecoins and hold off on any kind of market structure legislation, at least until his former agency and the SEC have had a chance to work on rulemakings and guidance first. Tuminelli said she was worried that some builders might take these recent signs to mean "it's just open season," even though she expects law enforcement agencies to continue cracking down on outright criminal activity. Other recent incidents, like Bybit's $1.5 billion hack, are also poor signs for the industry. "We have things like Bybit to worry about, and we do have to worry about national security concerns and things like that," she said. "So there are still going to be compliance issues that people need to pay attention to, even as there is a much greater runway in front of us." Stories you may have missed Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack : Bybit lost $1.5 billion to a hack — more on this below — and then another $4 billion to customer withdrawals. Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack : Bybit claims it was able to fill its $1.5 billion hole through loans and purchases of ether (ETH). North Korean Hackers Were Behind Crypto's Largest 'Theft of All Time' : The infamous Lazarus Group, the North Korean hacking entity, was behind the Bybit hack, Arkham Intelligence and crypto sleuth ZachXBT said. The FBI also alleged Lazarus was behind the hack. Bybit Declares ‘War on Lazarus’ as It Crowdsources Effort to Freeze Stolen Funds : ByBit is offering a 5% bounty to anyone who can help it freeze or recover its stolen funds. Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit : While Bybit's hack took up a lot of the attention on hacks this week, stablecoin newbank Infini also lost nearly $50 million to a hack. The company is offering to let the hacker keep 20% of the stolen funds if it returns the rest. Germany's Centre Right Alliance Secures Most Seats in EU Nation's Election : Germany's Centre Right Alliance won the most seats in the country's parliamentary elections last weekend, with the far-right Alternative for Germany (AfD) came in second. U.S. Appeals Court (Mostly) Affirms 2023 Ruling Tossing Out Uniswap Class Action Suit : The Second Circuit Court of Appeals largely affirmed a 2023 decision from District Court Judge Katherine Polk Failla about a decentralized exchange's liability for third-party tokens. OKX Settles U.S. DOJ Charges, Pays Over $500M Penalty and Forfeiture : OKX settled charges with the U.S. Department of Justice, agreeing to pay over $500 million in penalties and forfeited fees to resolve allegations it operated without a money transmitter license. An acting U.S. attorney said the exchange facilitated over $5 billion in suspicious transactions. How to Prepare for a Major Compliance Failure Settlement: The OKX Approach : CoinDesk's Ian Allison reports on how OKX prepared to announce compliance failure settlements through a meticulously-prepared crisis management document. UK Introduces Crime Bill That Extends Powers for Courts When Retrieving Crypto : A new bill in the U.K. details new authorities for local law enforcement agencies to seize crypto in suspected crimes. One of 2 Remaining Democrats at U.S. CFTC Will Exit When New Chair Arrives : CFTC Commissioner Christy Goldsmith Romero — whose term has expired — will leave the agency after former commissioner and nominee for chair Brian Quintenz is confirmed by the Senate. Crypto-Friendly Former Congressman Patrick McHenry Joins A16z as a Senior Advisor : Former House Speaker Pro Tempore and Financial Services Committee Chair Patrick McHenry is joining venture capital firm Andresseen Horowitz as a senior advisor. Hackers Are Using Fake GitHub Code to Steal Your Bitcoin: Kaspersky : Some seemingly legitimate GitHub projects come with Trojan Horse files which execute malicious code which can be used to steal your crypto, Kaspersky warned. Michael Novogratz's Galaxy Hires Zac Prince, Former CEO and Co-Founder of BlockFi : Former BlockFi CEO Zac Prince is joining Galaxy Digital as a managing director. Crypto Asset Manager Bitwise Bolsters Balance Sheet With $70M Equity Raise : Crypto asset manager Bitwise, which launched some of the first crypto exchange-traded products, raised $70 million in an equity deal. U.S. Law Enforcement Seizes $31M in Crypto Tied to Uranium Finance Hack : Hackers stole $50 million from automated market maker Uranium Finance in 2021. U.S. authorities recovered $31 million in crypto tied to that hack, they announced last week. U.S. Appeals Court (Mostly) Affirms 2023 Ruling Tossing Out Uniswap Class Action Suit : The Second Circuit Court of Appeals largely affirmed District Judge Katherine Polk Failla's dismissal of a class action lawsuit against Uniswap, which alleged that Uniswap Labs was responsible for third parties listing scam tokens on the decentralized exchange. Crypto Trading Platform BitMEX Is Looking for a Buyer: Sources : The headline is pretty self-explanatory. Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes : Jesse Hamilton took a look at efforts to launch state crypto reserves — some have faltered somewhat. U.S. Treasury's New Crypto Point Person Says Stablecoin Law a Good First Goal : Jesse also spoke to Tyler Williams, the former Galaxy Digital attorney now advising the U.S. Treasury Department on digital assets. FTT Briefly Spikes After Sam Bankman-Fried Tweets for First Time in 2 Years : Sam Bankman-Fried's X (formerly Twitter) account shared posts for the first time in two years about checking email and laying people off, a seeming reference to Elon Musk and the Department of Government Efficiency (the renamed U.S. Digital Service). It's unclear who is actually tweeting from the account — Bankman-Fried is still detained in the Metropolitan Detention Center and can only communicate online through the jail's Corrlinks tooling. I'm told it's unlikely his account is compromised though. ETF bonanza Outside of enforcement actions, the crypto industry is looking to the SEC for another purpose: Approving a broad swath of new exchange-traded products backed by, or tracking the prices of digital assets that weren't under significant discussion a year ago. In recent weeks, companies like Canary, Grayscale and WisdomTree have filed the initial paperwork for ETPs tracking the prices of cardano (ADA), solana (SOL), XRP (XRP), litecoin (LTC), hedera (HBAR) and polkadot (DOT). Unlike in previous years, where there was uncertainty about how far an application might go (during the race to launch a spot bitcoin (BTC) and later ether (ETH) ETF), the expectation now seems to be that retail and institutional traders will soon be able to gain exposure to these digital assets through this type of regulated investment product. This week Wednesday 15:00 UTC (10:00 a.m. ET) The House Ways and Means Committee, the panel overseeing tax issues, advanced a Congressional Review Act effort to undo an Internal Revenue Service rule to impose a tax reporting regime on DeFi entities. The resolution now goes to the full House of Representatives. 19:30 UTC (2:30 p.m. ET) The Senate Banking Committee's digital assets subcommittee met to discuss stablecoin and market structure legislation. Elsewhere: ( The Wall Street Journal ) A lawyer with X (formerly Twitter) told a lawyer at an advertising conglomerate to have that conglomerate's clients spend advertising dollars on the social media platform "or else," the Journal reported. ( The Ringer ) The Ringer is out with an extensive report on NBA Top Shots. ( The New York Times ) The Times, for its part, has an extensive report on Elon Musk's journey into his current White House role. ( The Washington Post ) Speaking of Musk, the Post detailed the government loans that supported his various companies over the years. ( NPR ) The Social Security Administration plans to reduce its headcount by 7,000. ( Science ) Universities are canceling plans to host students due to National Science Foundation cuts. If you’ve got thoughts or questions on what I should discuss next week or any other feedback you’d like to share, feel free to email me at nik@coindesk.com or find me on Bluesky @nikhileshde.bsky.social . You can also join the group conversation on Telegram . See ya’ll next week!