Latest from Nikhilesh De
The Protocol: Solana’s Firedancer Proposes Uncapping Block Compute-Unit Limit
Also: Denials of Bitcoin Hard Fork, UN Experiments With Blockchain, and Gate Rolls Out Token Launcher.
Aleo and Paxos Labs Launch Privacy-Focused Dollar Stablecoin Aimed at Institutions
The USAD token encrypts transaction data end-to-end, aiming to enable private, programmable digital dollars.
MEXC Ventures Raises Ethena Investment to $66M
The new investment builds on previous purchases of ENA and USDe, its synthetic stablecoin that tracks the value of the dollar without traditional reserves.
White House Withdraws Pro-Crypto Brian Quintenz's Name From CFTC Chair Nomination
Gemini's co-founders Tyler and Cameron Winklevoss opposed Quintenz's nomination.
U.S. SEC Takes Preliminary Step to Expand Universe of Crypto Custody to State Trusts
Another no-action letter from the agency staff signals the SEC's view that state-chartered trusts are fine for handling digital asset custody.
SEC's Bow to DoubleZero Carries Major Weight for Decentralized Infrastructure: Peirce
The U.S. regulator's decision to give the project's token distributions a pass represents the right get-out-of-the-way approach, Commissioner Hester Peirce said.
Bitcoin Steady, but Bitfinex Warns of Downside Risks as U.S. Government Shutdown Looms
Most altcoins including ETH, SOL, AVAX, UNI posted declines Tuesday but bitcoin was flat after a late rally.
Coinbase’s Bitcoin-Backed Loans Surpass $1B as Exchange Prepares to Lift Borrowing Cap
The crypto exchange said it plans to raise its borrowing cap from $1 million to $5 million.
CoinRoutes Acquires QIS Risk For $5M to Bolster Institutional Crypto Trading Tools
The deal brings together CoinRoutes’ execution technology with QIS Risk’s portfolio and risk management tools.
Chinese Woman Convicted in UK for Leading $6.9B Bitcoin Scam
Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the U.K
