This week I nominate @peter115 because ...
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The Securities and Exchange Commission (SEC) announced that Cantor Fitzgerald, the primary custodian of Tether's assets, has agreed to pay a $6.75 million fine for making misleading statements to investors in connection with two SPAC programs. The two SPAC programs had previously raised a total of $750 million. Sanjay Wadhwa, acting head of the SEC's Division of Enforcement, noted that Cantor Fitzgerald had repeatedly denied reaching out to merger and acquisition targets in its public filings, when in fact it had been in substantive merger and acquisition talks with a number of private companies.
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Some time ago, Sui triggered the secondary market, and the financial returns of several mainstream DeFi protocols on its chain are relatively objective. With the official entry of native USDC into the Sui network, I personally recommend using native USDC to make deposits directly on NAVI or Scallop, thus avoiding the risks of the protocols behind the bridged stablecoins. Currently, the yields of native USDC on NAVI and Scallop are 7% and 8% respectively , with the former consisting of “Stablecoin + NAVI + SUI” and the latter consisting entirely of Stablecoin only!
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