EddieJayonCrypto

 23 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.

https://growmybag.tv/Article/170484/Reddit-s-Bold-Move--Investing-in-Bitcoin--Ethereum--and-More---What-Does-This-Mean-for-the-Company-s-Future-

https://growmybag.tv/Article/170487/BlackRock-s-Billion-Dollar-Bitcoin-Blitz--The-Rise-of-Crypto-in-Traditional-Finance

https://growmybag.tv/Article/170490/Crypto-Giants-Take-on-SEC-in-Landmark-Lawsuit---Will-They-Win-

https://growmybag.tv/Article/170493/Former-Twitter-CEO-s-Fintech-Firm-Sees-Explosive-Growth-in-Bitcoin-Sales---Stock-Price-Soars-

https://growmybag.tv/Article/170496/Kraken-Takes-on-SEC-in-Landmark-Legal-Battle---What-It-Means-for-Crypto-Investors-

https://growmybag.tv/Article/170499/Massive-Ethereum-Heist---9-5-Million-Stolen-from-Ronin-Gaming-Network---Co-founder-s-Personal-Wallets-Compromised-

https://growmybag.tv/Article/170502/700-000-BTC-Transferred--Are-Miners-About-to-Make-a-Big-Move-in-the-Market-

https://growmybag.tv/Article/170505/Injective-Introduces-Game-Changing-CW-404-Standard--Bringing-Ethereum-Investments-to-Its-Network-

https://growmybag.tv/Article/170508/European-Central-Bank-Slams-Bitcoin--Is-the-Cryptocurrency-Doomed-or-Destined-for-Success-


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