Paxos appears willing to fight the SEC, SEC/CFTC pause case against SBF for now

Welcome to CPI day! Hope you are safe and make it through the inflation numbers today. Paxos appears they are willing to fight SEC. Blockchain Association filed an amicus brief. NFT legend enters 22 pieces from their collection to the Los Angeles County Museum of Art. FTX received authorization to exclude its Turkish units from U.S. bankruptcy proceedings.

Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Below are some of the top sentiment changers and news

Projects Sentiment Rankings:

Top

These are the top of mind coins today for crypto twitter.

This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page

Bottom

These are the most negative coins today on crypto twitter.

  • Paxos is getting sued by the SEC because of BUSD

  • BUSD and Paxos ended relationship

  • NYDFS reportedly received a complaint from Circle regarding Binance’s reserves

  • Charges brought against FTX Founder SBF by SEC and CFTC are now on pause until criminal trial is over

  • NameCheap was compromised so the hacker sent out phising emails to MetaMask usersSee most negative projects updated hourly.

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.

Moonbeam Network (+122): Hit 2 million addressesHarmony (+199): Bridge TVL crossed $3MLiquity (+97): Partnered with Aztec to offer borrowing and yield of LUSD on L2

These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above

Trending from yesterday 👍

News

Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.

Blockchain Association filed an amicus brief in SEC v Wahi

NFT legend, Cozomo de’ Medici, enters 22 pieces from their collection to the Los Angeles County Museum of Art

Caldera announces it’s $9M raise

It’s time for the Blur care packages. Open yours (if you got them) today at 12pm EST

SEC and CFTC announce they are pausing charges until after criminal proceedings

FTX received authorization to exclude its Turkish units from U.S. bankruptcy proceedings

Paxos looks like it’s willing to fight the SEC’s claim