
Latest from Nikhilesh De
U.S. Blacklists Crypto Network Behind Ruble-Backed Stablecoin and Shuttered Exchange Garantex
U.S. officials accused Garantex, Grinex, A7A5 token issuers and executives of laundering ransomware proceeds and evading sanctions.

Ethereum Wallet MetaMask Will Likely Unveil Its Own Stablecoin this Week
The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a prematurely posted governance proposal that was quickly deleted last week.

Institutional Frenzy Pushes Ethereum DEX Volumes Above Solana
Ethereum-based decentralized exchanges have overtaken Solana in trading volume for the first time since April, buoyed by record spot ETF inflows and a surge in institutional demand.

A16z, DeFi Group Pitch U.S. SEC on Safe Harbor for DeFi Apps
The crypto investment firm and the DeFi Education Fund have proposed an approach to exempting broker registration for tech offering gateways to DeFi activity.

Terraform's Do Kwon Pleads Guilty to Conspiracy, Wire Fraud in UST Blow-up
The 33-year-old Korean national said he "knowingly" participated in a scheme that defrauded purchasers.

Who Is Patrick Witt, President Trump's Next Senior Adviser on Crypto?
The White House's crypto group will apparently be led again by an ex-college football star-turned-politician, though this one has some deeper DC roots.

Terra's Do Kwon to Change 'Not Guilty' Plea in US Fraud Case
Do Kwon previously had pleaded "not guilty" to multiple fraud charges earlier this year.

Harvard Reports $116M Stake in BlackRock’s iShares Bitcoin ETF in Latest Filing
The position marks one of the largest known bitcoin allocations by a U.S. university endowment.

SEC's Long-Running Case Against Ripple Officially Over
The U.S. Securities and Exchange Commission first sued Ripple in 2020, during Donald Trump's first term.

Donald Trump Signs Order Letting Crypto Into 401(k) Retirement Plans
The order directs the Department of Labor to reevaluate how crypto should be treated by retirement fund managers.
