Episode 413
📍 Public Citizen files a complaint with the DOJ and OGE, alleging President Trump's promotion of a Solana-based meme token, TRUMP, may have violated laws barring gift solicitation and raised concerns over untraceable foreign payments.
📍 Ethereum is facing an identity crisis, with its native token underperforming and longtime builders questioning the chain's technology and community focus, while rival ecosystems like Solana are capitalizing on the uncertainty and attracting top talent.
📍 The CFTC, under Trump-appointed Acting Chairman Caroline Pham, will hold a public roundtable to review its regulatory approach to prediction markets, potentially affecting platforms like Kalshi and Polymarket, and aiming to establish a "common-sense" regulatory framework that fosters innovation while protecting consumers.
📍 UBS completes a proof-of-concept of its UBS Key4 Gold offering on the Ethereum layer-2 network ZKsync, signaling renewed interest in blockchain technology among traditional financial institutions and exploring the use of layer-2 technologies to power some of its activities.
