Did Regulation Indirectly Create FRAX, Nifty Gateway, and TornadoCash?
If you were to sit down and really think, it's almost as if regulatory scrutiny and the tribulations that they have faced has shaped the industry in some sense.

Nick Neuman, CEO of CASA, shared on X how he was targeted by a scammer impersonating Coinbase support to steal his Bitcoin. When confronted, the fraudster revealed their operation, which involved using leaked databases, phishing emails, and tools like Tornado Cash to launder stolen funds.
Former Binance CEO Changpeng Zhao has issued an urgent advisory, encouraging users to promptly update their macOS operating systems to safeguard against newly discovered vulnerabilities.
South Korean authorities have linked the 2019 Upbit exchange hack to North Korea, with over $1 billion worth of stolen ether. The investigation, aided by the FBI and Swiss authorities, traced the stolen funds, recovering some of the assets.
Gary Gensler will resign as SEC Chair on 20 January 2025, as President-elect Trump takes office. His tenure was marked by clashes with Wall Street and crypto, while the looming resignation earned cheers from the crypto community.
Koji Higashi, a leading figure in Japan’s crypto space, claims the yen relies on citizens as "hostages" to economic policy, contrasting it with Bitcoin's lack of traditional backing. His comments fuel debate on financial sovereignty and the politics of currency systems.
Justin Sun purchased the duct-taped banana artwork for $6.2 million, calling it a symbol of the connection between art, memes, and cryptocurrency. The purchase has sparked debate, with some questioning whether it’s a genuine cultural statement or a calculated move to maintain his public image.
The DeepSeek-R1-Lite-Preview is reshaping mathematical reasoning, surpassing competitors with its performance and transparency. It provides real-time insights and plans to release open-source tools, intensifying generative AI competition.
A Texas court ruled against the SEC’s expanded definition of "dealer," a significant setback for the agency’s efforts to regulate crypto firms. The decision is seen as a win for the crypto industry, which views it as a rejection of the SEC's overreach in controlling digital assets.
Sam Altman envisions AI that "loves humanity," believing alignment efforts are advancing well. But is this an ambitious aspiration or an unattainable ideal?
Mastercard and JPMorgan have teamed up to simplify and speed up cross-border business payments using blockchain technology. Their systems will connect to offer faster settlements, better transparency, and easier management for international transactions.