Bitcoin Slides Below $110,000 As Ethereum, XRP, Dogecoin Drop Over 5% On $1 Billion In Liquidations

PANews reported on September 26th that, according to The Block , US SEC Chairman Paul Atkins stated at a Georgetown University conference that the SEC will investigate and enforce the law regarding conflicts of interest in the crypto industry. Atkins stated that if conflicts of interest are discovered, standards will be established and they will be investigated and dealt with. Regarding the Trump family's crypto project, World Liberty Financial ( WLF ), and related transactions, Atkins stated that he could not comment on specific companies or products, but emphasized that the SEC has a responsibility to act in accordance with existing regulations. Furthermore, Atkins has promoted the "Innovation Exemption" and " Project Crypto " to improve digital asset regulation.

What prompted Tether to proceed with this move, and why did they choose Ethereum for the USDT mint?

PANews reported on September 26 that according to Guthix analysis, Aster Exchange hard-coded the XPL contract index price to $1 and set the mark price cap at $1.22. After the price cap was removed, the XPL price instantly soared to $4, while prices on other platforms remained stable. Previously, the official said that the incident was due to serious negligence of the exchange operator, not a security vulnerability or attack. A comprehensive review has been launched and compensation has been promised to affected users. User funds are safe.