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In the meantime, Trump will name either Commissioner Hester Peirce or Mark Uyeda as acting chair
Quick Take In his first public comments since being sentenced, Ilya Lichtenstein said he worked alone to hack Bitfinex, clearing an accusation raised by a Netflix documentary that alleged his wife, Heather “Razzlekhan” Morgan, and father, Eugene Lichtenstein, may have been involved. Lichtenstein said he intends to put his hacking experience to use in the cybersecurity industry after finishing his five-year sentence.
Quick Take Mo Shaikh has stepped down from his role as Aptos Labs CEO to “start a new chapter.” Aptos Labs co-founder and CTO, Avery Ching, will assume the CEO position.
- 11:00Analyst: It seems reasonable for Amazon to keep a "small portion" of its cash in BitcoinAccording to The Washington Post, Morningstar analyst Dan Romanoff stated that although gold is typically considered the most suitable asset for hedging against inflation, Bitcoin might be a more useful tool for this purpose. Over the past five years, both Bitcoin and gold have appreciated in price beyond inflation, with Bitcoin's increase being much larger. Dan Romanoff believes that despite there not being much historical data on how cryptocurrencies perform during different economic cycles, it could be reasonable to make small investments in Bitcoin. He added: "If Amazon can keep a small portion of cash in Bitcoin, it seems quite sensible."
- 10:59Data: Over the past 2 days, nine new wallets have transferred out more than 362,000 LINK from CEXAccording to Lookonchain monitoring, in the past 2 days, 9 new wallets have withdrawn 362,380 LINK (approximately 8.19 million USD) from CEX.
- 10:30Bellede has transferred a total of approximately 9 million USDC to Ondo Finance this weekAccording to Arkham monitoring, this week BlackRock's BUIDL Fund has transferred a total of approximately 9 million USDC to the Ondo Finance marked address. Previous news suggests that due to the Trump family's cryptocurrency project WLFI increasing its holdings in ONDO, the token once broke through $2 this week, setting a new historical high.
