#SEC plans to sue Paxos for issuing BUSD as unregistered securities#
According to the Wall Street Journal citing people familiar with the matter, the stablecoin issuer Paxos will face a lawsuit by the US Securities and Exchange Commission (SEC) for BUSD-related issues. The New York Department of Financial Services also ordered stablecoin issuer Paxos to stop issuing more BUSD tokens. Affected by the news, the crypto market pulled back across the board.
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캘빈의 감금원
Multicoin's Investment Thesis Update. This is their thesis for their investment portfolio, so you can take a quick look and see what they're thinking. Full Text: assets.ctfassets.net/qtbqvna1l... 1. Fintech 4.0 • Specialized stablecoin fintech with better unit economics at lower costs • Covering most of the fintech stack (e.g., Altitude) • Companies providing stablecoin accessibility to global users/enterprises (e.g., p2p.me, El Dorade) 2. DeFi • Consumer-facing front-end (e.g., Phantom, Fuse Wallet, Robinhood) • DeFi-based company equity (e.g., Coinbase, Morpho) • DeFi middleware (e.g., Li.Fi, Fun.xyz, Yield.xyz) • DeFi protocols (e.g., Kamino, Drift, Aave, Ethena) 3. Financial globalization • Liquid market tokenization (e.g., Paxos) • Global accessibility of synthetic derivatives (e.g., Drift, Hyperliquid, Lighter) • Black market decentralization and efficiency (e.g., BAXUS, Triumph) • New markets (e.g., Kalshi, Sway) • On-chain microstructures (e.g., DFlow, Jito, FastLane) 4. More efficient borrowing/lending • Kamino, Aave 5. Entertainment economy • Cheddr, Novig 6. Programmable ownership • DePIN (e.g., Hivemapper, Render, io.net, Geodnet, Pipe, Gradient) • Internet labor markets (e.g., CrunchDAO, Fuse) • Virtual markets controlled by DAOs (e.g., Jito, Drift, Kamino) • Exploring the Equity 2.0 market 7. Trusted, neutral blockchains • Blockchains with corporate interests will struggle to attract third-party builders and liquidity • Currently, Aptos, Solana invested in Say. 8. Cryptographic Primitives • Zama, Fheniz, zkMe
AAVE
0.12%
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캘빈의 감금원
Multicoin's Investment Thesis has been updated. Eight investment themes have been announced. 1. Fintech 4.0 • Specialized stablecoin fintech with better unit economics at lower costs • Covering most of the fintech stack (e.g., Altitude) • Companies providing stablecoin accessibility to global users/enterprises (e.g., p2p.me, El Dorade) 2. DeFi • Consumer-facing front-end (e.g., Phantom, Fuse Wallet, Robinhood) • DeFi-based company equity (e.g., Coinbase, Morpho) • DeFi middleware (e.g., Li.Fi, Fun.xyz, Yield.xyz) • DeFi protocols (e.g., Kamino, Drift, Aave, Ethena) 3. Financial globalization • Liquid market tokenization (e.g., Paxos) • Global accessibility of synthetic derivatives (e.g., Drift, Hyperliquid, Lighter) • Black market privatization and efficiency (e.g., BAXUS, Triumph) • New markets (e.g., Kalshi, Sway) • On-chain microstructures (e.g., DFlow, Jito, FastLane) 4. More efficient borrowing/lending • Kamino, Aave 5. Entertainment economy • Cheddr, Novig
AAVE
0.12%
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