TokenFi 價格TOKEN

Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve allegations that it violated New York laws when it promoted the cryptocurrency LUNA without disclosing its financial interests in the asset. According to New York Attorney General Letitia James, Novogratz’s failure to disclose that Galaxy Digital sold its LUNA tokens while promoting them was misleading. As part of the settlement, Galaxy Digital and its affiliates are obliged to pay $40 million within 15 days of the execution of the assurance of discontinuance (AD) issued by the attorney general. Galaxy Digital also agreed to pay another $40 million within one year, $60 million within two years, and the final payment within three years of the AD’s execution. Attorney General James’ allegations stem from claims that Novogratz and his company played an active role in boosting LUNA’s market presence between 2020 and 2022. James’ office alleges that Galaxy Digital purchased LUNA tokens, promoted them extensively, and sold its holdings at significant profits—all without revealing its intent to sell or its financial stake in the asset. The New York Attorney General’s office contends that this practice misled investors and contributed to LUNA’s meteoric rise from $0.31 in October 2020 to $119.18 in April 2022. It adds that Novogratz’s public endorsement of LUNA, including getting a tattoo to commemorate its price reaching $100, played a significant role in attracting investor interest. However, the token’s collapse in mid-2022 wiped out over $40 billion in market value, leaving many investors financially ruined. The firm’s undisclosed sales of LUNA tokens, which occurred just before its collapse, raised questions about its ethical practices and compliance with New York’s stringent financial regulations, Attorney General James argued. “Today’s settlement sends a clear message that we will not tolerate unregistered securities sales in New York,” said Attorney General James. “We will continue to protect investors and hold companies accountable for their actions.” The settlement highlights the importance of transparency in the cryptocurrency industry, particularly as digital assets continue to gain mainstream attention. While Galaxy Digital did not admit wrongdoing, the New York Attorney General’s office concluded that the relief and agreements contained in the Assurance of Discontinuance were appropriate and in the public interest. Meanwhile, the Assurance of Discontinuance outlines the conditions under which the office may initiate a subsequent investigation or civil action against Galaxy Digital and its affiliates. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Circle, the issuer behind the widely circulated stablecoin USDC, has unveiled plans for an initial public offering (IPO), signaling a potential expansion into more established corners of traditional finance (TradFi). The firm’s S-1 filing arrives at a time of intensified regulatory focus on digital assets, positioning Circle amid ongoing efforts to integrate blockchain-based systems into existing financial frameworks. In a positive development, the S-1 reveals a sharp increase in revenue, growing from $15.4 million in 2020 to $1.7 billion by 2024. This climb was fueled by escalating demand for USDC, a trend that reflects how both enterprises and individuals are increasingly favoring faster, more cost-effective payment mechanisms through fiat-linked digital currencies. Within the filing, Circle emphasizes that its strategic alliances with prominent financial institutions represent a deliberate pivot toward deeper institutional engagement. Partnerships with entities such as ICE, Visa, Mastercard, Stripe, Worldpay, and Moneygram are cited as pivotal, having embedded Circle’s stablecoin infrastructure into global payment channels. These collaborations, according to Circle, have amplified USDC’s international presence, making it a key access point for digitally native financial services across diverse markets. In tandem with revenue gains, Circle reported $156 million in net income and $285 million in Adjusted EBITDA for 2024. On the digital asset front, the company maintains relationships with prominent market makers and liquidity providers, including Cumberland, Galaxy Digital, Wintermute Trading, and B2C2. The filing also references crypto exchanges such as Coinbase, Binance, Kraken, and OKX. Nevertheless, the filing also brings potential vulnerabilities into focus. Circle concedes that ongoing ambiguity in U.S. regulatory frameworks could introduce substantial hurdles, with diverging legislative views and pending proposals casting uncertainty over both the company’s operations and broader public sentiment. The crypto turbulence of 2023, punctuated by banking failures that briefly disrupted USDC’s price, underscores the persistent instability the company must navigate. Although redemptions normalized soon after, the incident exposed how external financial stressors can unsettle even a fully backed stablecoin. Competitive pressure from rival issuers compounds these challenges. Though USDC remains the second-largest stablecoin in circulation, it contends with Tether and other entrants vying for dominance. Circle’s international expansion is also highlighted. Entering the European market introduces new revenue opportunities under electronic money token rules, though the varied regulatory requirements across jurisdictions add further complexity to operations. Lastly, the S-1 offers a detailed account of Circle’s reserve strategy and liquidity channels, providing insight into the mechanisms it employs to uphold USDC’s stability. A substantial portion of the company’s income currently stems from interest on reserve assets, which remain sensitive to shifts in monetary policy. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

$EOS token's price surges by 30% in past 24 hours The price of EOS, the native token of the EOS Network, has increased by 29.98% in the past day and is currently trading at $0.7997, according to CoinMarketCap data.

Bitcoin could be reaching market low as Realized Cap nears Thermo Cap, analyst says In a recent CryptoQuant post, crypto analyst Bilal Huseynov discussed a pattern in Bitcoin $BTC reminiscent of a previous situation when the flagship token's Realized Cap fell below its Thermo

The open-source payment platform UPCX suspended transactions following an unauthorized withdrawal of approximately $70 million in digital assets. Blockchain security firm Cyvers identified the breach on April 1, flagging suspicious activity involving 18.4 million UPC tokens. Cyvers reported that an attacker gained control of a UPCX administrative wallet and modified its ProxyAdmin contract. This enabled the execution of a withdrawal function, leading to fund transfers from three different management accounts. The stolen tokens remain in a single wallet, with no observed attempts to swap or liquidate the assets. UPCX confirmed it had detected unauthorized access and took immediate action by suspending deposits and withdrawals. The platform assured users that their personal funds were unaffected and stated that an internal investigation is ongoing. 🚨Security Notice: Unauthorized Activity Detected🚨 UPCX has identified unauthorized activity involving our management account. As a precautionary measure, we are taking immediate action to ensure platform security. 🔹 UPCX deposits and withdrawals are temporarily suspended. 🔹… The attack triggered a decline in UPC’s token price, which fell 7% from $4.06 to $3.77, according to CoinGecko . As of press time, UPCX has not provided further details on potential remediation measures. The incident follows a broader trend of security vulnerabilities affecting crypto platforms, with attackers increasingly exploiting administrative functions to siphon funds. The UPCX breach adds to the rising concerns in Web3 security , emphasizing the need for improved smart contract security and access controls to prevent future incidents.