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Crypto drifts Lower, ‘Fear’ back again, PumpFun launches DEX FOMO HOUR EP318BTC lower amid profit taking post FOMC rally. Fear & Greed index back in ‘Fear’ territory. Trump fails to live up to CGT relief rumours. US will dominate crypto and fintech: Trump. Crypto mining doesn’t violate crypto laws: SEC. SEC crypto task force to host a roundtable today. NYSE files to permit staking for Bitwise ETH ETF. Eric Trump joins Metaplanet as strategic advisor. TON secures $400m token sale funding. Australia outlines new crypto regulation plan. ECB advances plans for CBDC digital Euro. Stablecoin TVL tops $230bn. Moonpay gets $200m RCF from Galaxy. Trump wants to put USAID on blockchain.PLAYLIST = https://www.youtube.com/playlist?list=PLGSgoImPFTiVpkHhLXF78cE_Z3uG7VNGL PODCAST = https://podcasters.spotify.com/pod/show/fomohour LIVE SPACE = https://x.com/i/spaces/1rmxPywQRgZKNLinks: https://linktr.ee/fomohour https://twitter.com/fomohour https://www.rug.fm/ https://x.com/rugradio https://linktr.ee/rugradioHosts: https://twitter.com/farokh https://twitter.com/rektmando https://twitter.com/tyler_did_itMyriad: https://myriad.markets https://x.com/MyriadMarkets https://www.instagram.com/myriadmarketsFOMO HOUR brings you...

The German financial supervisory authority BaFin said it identified "serious deficiencies" in Ethena's synthetic USDe stablecoin.Ethena is the yield-generating protocol. The stablecoin has a market cap of $5.4 billion. Ethena said on X that it will "continue to evaluate alternative frameworks," after being notified that the "application under the MiCAR regulatory framework will not be approved."In a statement, BaFin said that the deficiencies are related to the "bank's business organization and violations of MiCAR requirements, such as those regarding asset reserves and compliance with capital requirements.""BaFin also has reasonable grounds to suspect that Ethena GmbH is publicly offering securities in Germany in the form of 'sUSDe' tokens of Ethena OpCo. Ltd. without the required securities prospectus," the regulator said.Ethena's ENA...

The U.S. Treasury Department has removed economic sanctions against Tornado Cash, a cryptocurrency mixer, following a review of legal and policy issues related to evolving technology and financial environments. Sanctions on Tornado Cash Lifted Following Policy Review The decision, outlined in a Friday filing in Van Loon v. Department of the Treasury, reflects the Administration’sSource link

HK Asia Holdings (1723) said it bought another 10 bitcoin (BTC) for $858,581.The Thursday purchase took the Hong Kong-listed company's total to around 18.88 BTC at a cost of roughly $1.72 million. The acquisitions were made via open market transactions and funded through internal cash reserves.In a statement, the company said it views bitcoin as a viable store of value amid global economic uncertainty, inflation concerns and expanding use of cryptocurrencies in investment strategies as well as "its potential to act as an effective hedge against depreciation of fiat currencies."Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see...

Ethereum coin mixing service Tornado Cash is no longer sanctioned by the U.S. Treasury, reversing a 2022 decision.Source link