Crypto Solution Community is a professional promotional and educational platform sharing trusted project updates, crypto knowledge, Our X :@CryptoSolutionG
Crypto Solution Community is growing every day with one mission — to provide quality crypto education, real market insights, and strong community support. Thank you to everyone who believes in our vision.
Let’s reach this milestone together! 👉 Follow Crypto Solution on Binance Square 🚀 Be part of the journey to the top.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, New York prosecutors warned that the US GENIUS Act could expose markets to fraud, Strategy disclosed a $75.3 million Bitcoin purchase made during last week’s sharp dip, and US spot Bitcoin ETFs fell underwater on average after $2.8 billion in investor outflows over the past two weeks.
New York Attorney General Letitia James and four other state prosecutors have warned Congress that the GENIUS Act could weaken fraud protections for stablecoin users, CNN reports.
In a letter to lawmakers, as viewed by CNN, the prosecutors said the bill fails to require stablecoin issuers to return funds lost to fraud or theft, arguing it could leave victims without restitution while limiting states’ ability to enforce consumer protection laws. They warned that the legislation may provide “legal cover” for stablecoin companies even when users are harmed.
The letter specifically criticized the lack of mandatory cooperation for issuers during criminal investigations, noting that voluntary policies around freezing or recovering funds are inconsistent. Prosecutors said this could undermine law enforcement efforts and embolden bad actors as stablecoin adoption grows.
The GENIUS Act was signed into law last July and is set to take effect 18 months after enactment, or 120 days after US regulators finalize implementing rules, whichever comes first.
🎙️ Voice of Crypto is growing fast on Binance Square — and we’re almost 13,000 strong! We’re here to educate, inform, and amplify the real voice of the crypto community.
✅ Daily crypto news & insights ✅ Market updates you can trust ✅ Educational content for beginners & pros ✅ Community-first discussions 🔥 If you believe in knowledge over noise, this space is for you.
👉 Follow Voice of Crypto on Binance Square Let’s hit 13K together 💪🚀
Crypto Solution Community is growing every day with one mission — to provide quality crypto education, real market insights, and strong community support. Thank you to everyone who believes in our vision.
Let’s reach this milestone together! 👉 Follow Crypto Solution on Binance Square 🚀 Be part of the journey to the top.
Buterin pitches DAOs, prediction markets to reward content creators
Vitalik Buterin said the current creator token model favors those already popular and rewards mass content creation over high-quality content.
Ethereum co-founder Vitalik Buterin has proposed a new creator token model that combines decentralized autonomous organizations (DAOs) with prediction market mechanics to incentivize higher-quality content creation.
Creator tokens, or content coins, are blockchain-based assets that can grant fans a slice of ownership, access rights, or even royalties for the content creator’s work, which could be in the form of posts, photos, music, or videos.
However, in a post on X on Sunday, Buterin said existing creator token platforms notably prioritize mass content creation over quality, and that this is now being exacerbated by AI-generated content.
To combat this, Buterin said one idea would be for content creators to launch tokens and apply to curated creator DAOs, where members decide which content to accept, while speculators profit by predicting which creators or content will be admitted.
Accepted content creators could then see their coins rise in value when the DAO burns their tokens, reducing supply and increasing scarcity.