Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it

President Biden’s emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property.Source

LocalMonero Shutdown Is Another Blow for Privacy Tech

It is getting harder to buy XMR, but every day that monero continues to exist is proof positive of its value, says CoinDesk’s Dan Kuhn.Source

Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin

The stock was the second worst performing among crypto stocks on Thursday.Source

Solana Meme Coin Factory Pump.Fun Compromised by ‘Bonding Curve’ Exploit

The exploiter may not be making any money from the attack.Source

DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating; LINK Gains 7%

The aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization.Source

U.S. Senate Votes to Kill SEC’s Crypto Accounting Policy, Testing Biden’s Veto Threat

The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution.Source

How MIT Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M

First there was “The Bait.” Then there was “Unblinding the block,” followed by “The Search,” and ultimately “The Propagation.” U.S. prosecutors detailed an incredibly complicated Ethereum exploit in an indictment.Source

French Securities Regulator Warns Investors Against Crypto Exchange Bybit

France’s securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France.Source

Crypto Custody for Advisors

Financial advisors seeking to navigate the crypto custody landscape must understand the full spectrum of crypto custody options, balancing innovation with risk management to optimize client portfolios.Source

U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance

The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing.Source