DeFi vs U.S. Government; Visa Adopts Solana; Ethereum ETF Milestone; Scammed For $25M

Key Takeaways

• Three DeFi platforms settled with the U.S. commodities regulator as the crypto crackdown continues. The U.S. is continuing to target DeFi. More enforcement action is highly likely.
• The first spot ETF application for ETH was filed with the SEC. Another milestone of sorts. Anyone’s guess as to whether the SEC will approve it. Best to assume it won’t.
• Visa expanded USDC settlement capabilities to the Solana blockchain. After a painful 2022, the positive momentum continues for Solana.
• PUGB creator Krafton to launch new Layer 1 blockchain on Cosmos
• Vitalik focuses on privacy in a new paper.