🤔 Sus… Over half of new tokens listed on ethereum decentralized exchanges (DEX) may be part of pump-and-dump schemes, Chainalysis said. Still, those sketchy tokens make up only about 1% of DEX volume, which suggests investors aren’t biting.
📜 Policy… The US gov’t said it’d start tracking crypto miners’ energy use more closely. The US has seen a bitcoin-mining boom following China’s 2021 mining crackdown and the decline in energy costs in states like Texas.
💰 Spendy… Coinbase donated $24.5M to a pro-crypto political-action committee ahead of this year’s election season. The super PAC’s goal: big spending in support of pro-crypto candidates who’ll try to help make industry-friendly regulation a reality.
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