Assad Jafri

Islamabad

Editor @cryptoslate — [email protected] Pls be wary of impersonators and fake profiles. No endorsements/advice here. #DiamondHands

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Articles

Europol, Spanish police dismantle 'mafia crypto bank' laundering funds across continents

1 day ago | cryptoslate.com | Assad Jafri

Spanish law enforcement has dismantled a sprawling underground financial network that allegedly laundered more than €20 million through crypto transactions for organized crime groups based in China and the Arab world, local media reported on May 14.
Coinbase CEO wants to hire DOGE staff to help improve the global financial system

1 day ago | cryptoslate.com | Assad Jafri

Coinbase CEO wants to hire DOGE staff to help improve the global financial system 2 mins ago · 2 min read News ▸ US ▸ Coinbase ▸ Exchanges 2 min read Updated: May. 14, 2025 at 6:11 pm UTC Coinbase CEO Brian Armstrong extended a public invitation to employees of the US Department of Government Efficiency (DOGE), encouraging them to apply for roles at the crypto exchange after they leave their current roles.
Paris authorities on alert after attempted abduction targets crypto CEO's family

2 days ago | cryptoslate.com | Assad Jafri

Paris authorities on alert after attempted abduction targets crypto CEO’s family 2 mins ago · 1 min read 1 min read Updated: May. 14, 2025 at 12:39 am UTC Authorities in Paris have launched a criminal investigation after masked assailants attempted to kidnap the daughter of a crypto company CEO and her young child in a broad daylight attack just blocks from the city’s central courthouse, TMZ reported on May 13.
Crypto liquidity lags behind traditional finance despite market efficiency gains - S&P Global

2 days ago | cryptoslate.com | Assad Jafri

Crypto liquidity lags behind traditional finance despite market efficiency gains – S&P Global 48 seconds ago · 2 min read News ▸ Binance ▸ Bitcoin · Ethereum · Uniswap ▸ Analysis 2 min read Updated: May. 13, 2025 at 10:07 pm UTC Liquidity in crypto markets continues to lag behind traditional finance due to fragmentation, technical design differences, and exposure to external shocks, according to a new report from S&P Global.
21Shares says Solana on pace to become linchpin of digital finance

2 days ago | cryptoslate.com | Assad Jafri

Solana (SOL) has emerged as the fastest-growing Layer 1 blockchain of 2025, surpassing Ethereum (ETH) in developer growth and gaining ground across DeFi, payments, and AI, according to 21Shares’ latest State of Crypto report. In the first two months of the year alone, Solana processed $364 billion in volume, more than Ethereum and Coinbase, and now supports over 100 million monthly active users.
Coinbase makes history with S&P 500 induction, reinforcing crypto's arrival in mainstream finance

3 days ago | cryptoslate.com | Assad Jafri

Coinbase makes history with S&P 500 induction, reinforcing crypto’s arrival in mainstream finance 2 mins ago · 1 min read News ▸ US ▸ Coinbase ▸ Exchanges 1 min read Updated: May. 13, 2025 at 12:57 am UTC Coinbase has become the first and only crypto company to be added to the S&P 500, marking a historic milestone for both the digital asset sector and traditional financial markets.
Senators Warren, Merkley to headline national call opposing Trump’s GENIUS Act

3 days ago | cryptoslate.com | Assad Jafri

Progressive group Our Revolution is mobilizing lawmakers and grassroots members in a national organizing call to stop what it calls an alleged sweeping “crypto power grab” led by President Donald Trump and his congressional allies. According to the press release shared with CryptoSlate, Senators Elizabeth Warren and Jeff Merkley will headline the virtual event on May 12. The event aims to rally opposition to the GENIUS Act, which aims to establish a formal regulatory framework for stablecoins.
SEC Chair Atkins reiterates need to overhaul crypto rules, pledges to end 'regulation by enforcement'

3 days ago | cryptoslate.com | Assad Jafri

Securities and Exchange Commission Chairman Paul Atkins called for a sweeping modernization of US crypto asset policy, outlining a three-part strategy to overhaul regulations for issuance, custody, and trading. He made the statement during his keynote address at the SEC Crypto Task Force’s latest roundtable on May 12, which covered tokenization and its potential to upgrade capital markets.
AI search startup Perplexity on track for massive $14 billion valuation - WSJ

3 days ago | cryptoslate.com | Assad Jafri

Artificial intelligence search startup Perplexity is reportedly in advanced talks to raise $500 million in a new funding round that would value the company at $14 billion, the Wall Street Journal reported, citing people familiar with the matter. The round is expected to be led by venture capital giant Accel, with continued backing from Nvidia, which has previously invested in the company.
PumpSwap hits $100M in TVL as memecoin launchpads see resurgence

6 days ago | cryptoslate.com | Assad Jafri

PumpSwap hits $100M in TVL as memecoin launchpads see resurgence 8 seconds ago · 1 min read 1 min read Updated: May. 10, 2025 at 12:03 am UTC PumpSwap, the DEX launched by Solana-based memecoin factory Pump.fun, has hit $100 million in total value locked (TVL), marking a new milestone just 50 days after its debut. The record comes amid a broader resurgence in memecoin trading, defying recent predictions of the sector’s collapse after its meteoric growth fizzled out earlier this year.