EddieJayonCrypto

 22 Feb 24

tl;dr

1. Gauntlet Ends Relationship with Aave: - Blockchain risk management firm Gauntlet terminates its four-year relationship with Aave due to issues with the decentralized governance system. - Decision met with community backlash; reasons cited for growth optimization.2. DCG's Legal Dispute: - Di...

1. Gauntlet Ends Relationship with Aave:
- Blockchain risk management firm Gauntlet terminates its four-year relationship with Aave due to issues with the decentralized governance system.
- Decision met with community backlash; reasons cited for growth optimization.

2. DCG's Legal Dispute:
- Digital Currency Group opposes NYAG's settlement with Genesis Global, raising concerns about legal procedures.
- Increased allegations against DCG and Genesis Capital from regulatory bodies like NYAG and DFS.

3. Lawsuit Against SEC:
- Lejilex and CFAT file lawsuit against SEC, alleging regulatory overreach and seeking clarity on digital asset classification.
- Concerns raised about excessive regulation hindering innovation in the cryptocurrency sector.

4. US Treasury Sanctions Ransomware Group:
- US Treasury sanctions individuals linked to a Russian ransomware group responsible for significant asset theft.
- Chainalysis reports a rise in ransomware attacks and warns about associated risks.

5. Spot Ethereum ETF Approval:
- Attention on potential approval of spot Ethereum ETF in May 2024.
- Coinbase supports Grayscale's proposal; S&P Global warns of concentration risks.

6. Former SEC Crypto Leader Joins White & Case:
- White & Case recruits former SEC crypto unit leader Ladan Stewart to head its crypto group.
- Recruitment signals firm's focus on crypto defense amid regulatory challenges.

7. Stellar Embraces Smart Contracts:
- Stellar upgrades to Protocol 20 and introduces Soroban smart contract platform.
- Move aims to enhance cross-border transactions and compliance capabilities.

8. Paris Saint-Germain's Blockchain Engagement:
- Paris Saint-Germain partners with Chiliz Chain to become a network validator and refresh fan token reserves.
- Aim to enhance fan engagement and build a sustainable digital economy in soccer.

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 22 Dec 24
 22 Dec 24
 22 Dec 24