The SEC Targets Paxos, MetaMask Users Targeted in Phishing Scam
Equity markets are rising today ahead of the latest CPI reading due at 8:30 AM tomorrow. The S&P 500 and Nasdaq 100 are up 0.85% and 1.22%, respectively, while the US Dollar and US Treasury yields are showing slight declines. Crypto markets were rallying this weekend but were stopped short after Paxos announced the termination of their relationship with Binance surrounding BUSD (more below). BTC (-0.96%) is holding around $21.6k while ETH (-2.53%) has fallen below $1,500. AAVE is a notable outperformer today, rising 5.43% as the crackdown on BUSD has sparked speculation that Aaveâs new stablecoin GHO is now better positioned to see take stablecoin market share. GHO is currently live on Ethereum’s test-net and is expected to launch on main-net soon.
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