Meet Gary's Replacement
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Sponsor: Uniswap Labs — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.
- 👨⚖️ Trump Nominates Paul Atkins to Replace Gary Gensler at SEC. The former SEC commissioner is Trump's pick to take over the controversial agency.
- 🌡️ Celsius CEO Pleads Guilty, Faces As Much As 30 Years for Crypto Fraud. As part of his plea deal, Mashinsky agreed not to appeal any conviction less than 30 years in prison.
- 📈 Tron Hits New High Amid Broader Altcoin Rally. TRX strikes new highs as some of the industry's older projects catch major bids.
📸 Daily Market Snapshot: The crypto market continued to reach new heights Wednesday as the altcoin market popped, with ETH nearing $3,900. Bitcoin has been holding steady for weeks and once again pushed above the $99K marker but is up against substantial sell pressure between it and its $100K barrier.
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $3.60T | ↗ 3.0% | ↗ 8.1% |
|
BTC $98,465 | ↗ 2.6% | ↗ 2.1% |
|
ETH $3,857 | ↗ 6.7% | ↗ 5.5% |
|
MKR $2,288 | ↘ 1.1% | ↗ 22.1% |
President-Elect Donald Trump pledged to make America the crypto capital of the world and end the Biden Administration’s anti-crypto crusade during his time on the campaign trail. Today, he announced that long-time SEC insider Paul Atkins will succeed Gary Gensler as SEC chair.
While mainstream media is comfortable portraying Atkins as a “cryptocurrency advocate,” there are still looming concerns about how accommodative a career regulator will actually be for the crypto industry.
In our pursuit of clarity, we must first ask the question: who is Paul Atkins? 🧐
Uniswap Labs is offering the largest bug bounty ever: $15.5M for critical bugs in Uniswap v4! Built with community contributions and rigorously audited, v4 will be one of the most audited codebases ever to be deployed onchain, and continues Uniswap’s commitment to security.
The rollup ecosystem is evolving rapidly, and two key players—Andrew Huang, CEO and Co-Founder of Conduit, and Uma Roy, CEO and Co-Founder of Succinct—are at the forefront of this change.
Together, they’ve unveiled OP Succinct, a new framework that could fundamentally reshape the way we think about rollups and interoperability on Ethereum. By blending cutting-edge zero-knowledge technology with the flexibility of Rollup-as-a-Service (RaaS), OP Succinct aims to address some of Ethereum’s most persistent challenges.
So, what’s going on here? Let’s dive into the details 👇
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