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Binance's founder, Changpeng Zhao, is seeking a pardon from Trump. He's facing potential legal trouble in the US. The article suggests he wants protection, possibly due to his wealth and influence. This situation highlights the complex ties between crypto leaders and politics. The outcome for Zhao is still uncertain.
Major crypto prices kept falling, down another 3â8%. Bitcoin dropped to $104,5k, and Solana plunged 8%. But Decred and Dash surged over 50%, leading the top gainers. Over $1.2 billion was liquidated, mostly long positions. The market mood hit "Extreme Fear." Balancer lost $128M in a hack. Ripple launched new US brokerage services. FTSE Russell will put its index data on-chain.
Oh my goodness, could we be seeing a vintage Luka back?! 𤊠This is seriously concerning for the rest of the league.
Digital assets like collectibles and utility tokens won't be considered securities under this new plan. The SEC will not regulate this specific category. This provides more clarity for the crypto industry.