Uncategorized
Crypto’s Fairshake Notches Latest Wins in Florida Congressional Races

The crypto industry’s primary political action committee, Fairshake, flooded support to Republican candidates in the U.S. House of Representatives special elections this week in Florida that aimed to fill vacant seats in Congress. Both candidates won, further reinforcing the party’s narrow national majority.
The two seats in Florida had been vacated when President Donald Trump tapped the previous members to join his administration, including his national security advisor, Michael Waltz, and the congressman Trump initially picked as attorney general, Matt Gaetz, who quickly bowed out under the pressure of accusations that he’d had sex with a minor and was linked to illegal drug use.
Florida voters elected state Senator Randy Fine to take Waltz’s former seat and picked the state’s chief financial officer, Jimmy Patronis, to replace Gaetz. The races drew a high level of attention and money from both parties, because of every seat’s importance to the tight majority in the House. While Democrats failed to steer the conservative districts onto their side, they did win much more support in both districts than they had in the recent 2024 elections.
An affiliate of the Fairshake PAC had paid for advertising supporting the pro-crypto candidates, Patronis and Fine, in the primary and general elections in Florida, including a last-minute $1.5 million to help ensure their victory.
«We are thrilled to see two strong champions of innovation headed to Washington,» said Fairshake spokesman Josh Vlasto, in a statement. «Both leaders have shown a deep commitment to advancing pro-growth policies and ensuring the United States leads the world in crypto and digital assets innovation.»
The arrival of both in the House leaves just two vacancies there because of deaths of Democrat members from Texas and Arizona.
Uncategorized
Nasdaq Tells SEC Precise Crypto Labeling Will Be Everything in Future Regulation

Nasdaq, the operator of one of the premier U.S. stock exchanges and a crypto index, is advising the U.S. regulators to carefully focus on defining digital assets in four buckets that will clearly determine which agency acts as referee, according to a 23-page letter sent to the Securities and Exchange Commission’s crypto task force.
«While a stock by any other word would still be a stock, the existing market ecosystem can readily absorb digital assets by establishing the proper taxonomy and calibrating certain rules to reflect what is truly new and novel about digital assets,» the letter argued in response to the invitation issued by the task force’s chief, Commissioner Hester Peirce, to weigh in on future regulations.
The four future categories of digital assets, in Nasdaq’s view, should be:
- financial securities (tokens tied to assets that are securities under existing definitions, like stocks, bonds and exchange-traded funds (ETFS), which Nasdaq said should be treated just the same as their underlying assets);
- digital asset investment contracts (tokenized contracts that check all the securities boxes under a «clarified version» of the Supreme Court’s so-called Howey test);
- digital asset commodities (meeting the U.S. definition of commodities)
- other digital assets (stuff that doesn’t fall anywhere else and shouldn’t have rules for securities or commodities imposed on it)
The securities categories belong in the hands of the SEC, which will be working with its cousin agency, the Commodity Futures Trading Commission, that will handle the commodities. Those agencies — presumably directed at some point by a new crypto law hatched by Congress — will figure out the precise border between their jurisdictions.
The letter, signed by John Zecca, the company’s chief regulator executive, argued that «digital assets that constitute financial securities must trade as they do today.»
Nasdaq also suggested that the two agencies should formulate a kind of crossover trading designation for platforms that can handle digital asset investment contracts, commodities and other types of assets under one roof.
In the letter, Nasdaq underlined its digital-asset credibility, saying its «trading and clearing services, market and trading surveillance, and central securities depository technology support digital assets platforms on six continents.» It contended that the regulators should consider imposing safety measures or further constraints on firms that want to handle investors’ activity from top to bottom, which is the common approach of existing crypto firms.
Read More: SEC ‘Earnest’ About Finding Workable Crypto Policy, Commissioners Say at Roundtable
Uncategorized
Want to Have Dinner With the U.S. President? All You Would Need Is to Hold $420 Worth of TRUMP

The team behind the Trump memecoin said Thursday that the top 220 holders on its list, where the smallest wallet holds $420 worth of TRUMP, are eligible to win dinner with President Donald Trump, contrary to rumors that a six-figure token stash was required.
“We want to clarify a few things people seem confused by on X and in the Media,” the team’s X account posted. “You need $300K+ to participate (You Don’t); That we’re unlocking into this competition (We’re Not).”
TRUMP surged 70% this week, trading at around $12 as of Thursday, mainly driven by hype around the so-called “Dinner with Trump” event, according to CoinDesk’s earlier reporting.
Some users on X claimed that only holders with more than $300,000 in tokens could participate. Others speculated that the wallet ranked 220 on a blockchain explorer was the minimum cutoff.
The team dismissed both claims, stating that users must register via the official leaderboard and that only time-weighted holdings during the competition will count.
Currently, the leaderboard’s top wallet, under the pseudonym “Sun,” holds over 1.1 million TRUMP tokens, worth nearly $14 million. The 220th spot was held by “HAR,” with just 35.3 TRUMP tokens, or about $420 in dollar terms.
Twenty five wallets are listed as VIPs on the leaderboard, where the cut-off holder sits on over $400,000 worth of TRUMP.
The team also addressed concerns about token unlocks affecting the leaderboard, stating that both the cliff unlock and subsequent daily unlocks would remain inaccessible for 90 days, outlasting the competition itself.
“We want to say again that the tokens from the initial cliff unlock and the following 3 months of daily unlocks will remain locked, each for an additional 90 days,” it said.
Uncategorized
CoinDesk 20 Performance Update: SUI Surges 13.7% as Index Trades Higher from Thursday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 2774.43, up 1.5% (+40.48) since 4 p.m. ET on Thursday.
Eighteen of 20 assets are trading higher.
Leaders: SUI (+13.7%) and BCH (+7.1%).
Laggards: POL (-1.9%) and ADA (-0.5%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
-
Fashion6 месяцев ago
These \’90s fashion trends are making a comeback in 2017
-
Entertainment6 месяцев ago
The final 6 \’Game of Thrones\’ episodes might feel like a full season
-
Fashion6 месяцев ago
According to Dior Couture, this taboo fashion accessory is back
-
Entertainment6 месяцев ago
The old and New Edition cast comes together to perform
-
Business6 месяцев ago
Uber and Lyft are finally available in all of New York State
-
Sports6 месяцев ago
Phillies\’ Aaron Altherr makes mind-boggling barehanded play
-
Entertainment6 месяцев ago
Disney\’s live-action Aladdin finally finds its stars
-
Sports6 месяцев ago
Steph Curry finally got the contract he deserves from the Warriors