Latest from Nikhilesh De
NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD
In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.
ProShares Debuts 'Ultra CRCL' ETF, Letting Traders Double Down on Circle Stock
The ETF is the first to offer amplified exposure to Circle, whose stock price has skyrocketed 134% since the company’s debut in June.
Chainlink Launches LINK Reserve to Fuel Network Growth
The reserve is funded by offchain and onchain revenue, which is automatically converted into LINK via mechanism called Payment Abstraction.
Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict
After two Allen charges and four days of deliberation, a New York jury could not reach a unanimous agreement on the conspiracy to commit money laundering charge or the sanctions evasion charge.
Roman Storm Jury Deadlocked, Judge Tells Them to Keep Deliberating
After four days of deliberations, the New York jury deciding Tornado Cash Roman Storm’s fate said they can’t reach a unanimous verdict on all three charges.
Solana’s Seeker Phone Fixes Saga’s Flaws With Usability Upgrade
Out of the box, it’s clear who this device is for: active Solana users who regularly transact on-chain, with the design focusing on everything crypto-first.
SEC Says Liquid Staking Doesn't Run Afoul of Securities Laws
The SEC's latest staff statement — which isn't binding guidance — addresses certain aspects of liquid staking.
U.S Neobank Slash Debuts Stablecoin with Stripe's Bridge for Global Business Payments
The firm aims to reduce settlement times and foreign exchange fees with its USDSL stablecoin, issued by Bridge.
U.S. CFTC Considers Allowing Spot Crypto Trading on Registered Futures Exchanges
The U.S. Commodity Futures Trading Commission wants stakeholders to work with it to provide regulatory clarity on listing spot crypto assets.
Solana's Jito Proposes Routing 100% of Block Engine Fees to DAO Treasury
If approved, the DAO would assume full control over protocol revenue streams, directing them to the network's tokenholders.
