Thursday links: Dashboards, money laundering and a golden age of ‘crypto’
Main Idea
The article discusses various trends and events in the crypto market, including the decline of Pump.fun's market share, the legal implications of Tornado Cash, and the growing integration of crypto with traditional finance.
Key Points
1. Pump.fun's market share for launchpad tokens dropped from nearly 100% to under 10% within a short period.
2. Tornado Cash co-founders face legal scrutiny over money laundering allegations, with debates on user liability and DeFi implications.
3. Ethereum's 10th anniversary highlights its growing acceptance in traditional finance, with figures like Jim Cramer endorsing ETH as an inflation hedge.
4. The US government emphasizes stricter AML/KYC protocols for crypto, signaling regulatory focus on compliance and transparency.
5. Blockworks' Digital Asset Summit (DAS) aims to foster discussions between the US and global digital asset ecosystems.
Description
In markets, perception can become reality
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