Crypto Morning Brief: ZachXBT Exposes Axiom Executives' Insider Trading, Magic Eden to Shut Down Bitcoin and EVM Markets
Crypto Briefing:
Market data shows U.S. jobless claims were lower than expected. Regulatory developments include the CFTC asserting its authority over prediction markets and U.S. lawmakers introducing a bill to protect blockchain developers from criminal charges. The OCC also proposed new rules for regulated stablecoin issuers.
In significant industry events, investigator ZachXBT exposed alleged insider trading by an Axiom executive, while NFT platform Magic Eden announced it will shut down its Bitcoin and EVM markets to refocus on Solana. Chinese media reported on regulatory scrutiny of Jane Street's trading patterns and alleged U.S. profiting from major crypto cases.
FTX founder SBF commented on AI's potential use of crypto for payments. China's Supreme Court announced a focus on cracking down on money laundering via virtual currencies.
Finally, crypto options trading platform STS Digital secured $30 million in funding.
marsbit02/27 01:18
