On April 29th, Paul Grewal, Chief Legal Officer of Coinbase, announced in a post that Joe Salama will join Coinbase as Chief Compliance Officer, succeeding Melissa Strait. Joe Salama previously served as Deutsche Bank's Global Head of Financial Crimes and General Counsel for the Americas region.

1. Trump MEME Coin Dinner Chain Transfers Surge 2. JPMorgan predicts growth in stablecoin market size 3. The United States accelerates encryption legislation and strives to complete it before August 4. Bitcoin ETF net inflow of 4201 BTC 5. Ethereum Foundation announces vision and core principles 6. Arizona Bitcoin Reserve Bill is about to be voted on 7. Mastercard adds support for settlement of encrypted stablecoins 8. Binance platform is running normally, and it is recommended that users manage their positions during the power outage in Spain The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/456916

According to The Block, Solstice Labs, supported by cryptocurrency investment firm Deus X Capital, announced that it will launch the interest bearing synthetic stablecoin USX and the protoplasm staking protocol on the Solana blockchain this summer. USX achieves delta neutral returns through arbitrage and staking strategies, with USDT and USDC fully collateralized to maintain anchoring. Holders can seamlessly access the YieldVault protocol with a total lock up amount of $100 million. At present, Solana's on chain stablecoins account for over 5% of the total $238 billion on the network, but there is a lack of fiat anchor coins specifically designed for passive income. Solstice Labs CEO stated that USX aims to provide institutional exclusive revenue opportunities in traditional DeFi to retail and institutional users in a transparent manner.

According to a report by PRNewswire, the bankrupt cryptocurrency exchange FTX and its liquidation trust have announced the initiation of asset recovery legal actions and have filed lawsuits against NFT Stars Limited and KUROSEMI INC (Delysium operator), accusing them of refusing to deliver the tokens as agreed in the contract. FTX has made multiple attempts at non litigation negotiations without success, and is currently contacting dozens of other token issuers to recover assets. Legal measures will be taken against those who refuse to cooperate. The FTX liquidation team emphasized in a statement that they will make every effort to recover digital assets belonging to the bankrupt consortium to protect the rights and interests of creditors, and urge relevant issuers to respond promptly to avoid litigation. This legal action is an important progress in asset recovery in the FTX bankruptcy liquidation process.

Odaily Planet Daily reported that Kaiko's announcement of VIP dinners and meeting opportunities for Trump's official memecoin holders triggered $2.4 billion in on chain transfers, "the busiest day of the month for the token," with TRUMP prices rising 60% on the day, on chain activity surging 200%, and recording "the highest daily trading volume on a centralized exchange since mid February.