AGP Executive Report
Last update: 27 minutes agoMiCA Crackdown: Spain’s CNMV says there will be no “exceptions or extensions” past July 1 for unlicensed crypto firms, while Binance withdraws its Greece MiCA application and warns some users may be affected during the transition. Prediction Market Breach: Polymarket says hackers stole about $2.94M by injecting malicious scripts into its frontend via a compromised third-party vendor; the platform says it’s containing the issue and refunding users in full. Regulatory Relief in Australia: Australia’s ASIC extends its no-action period for digital asset businesses to Sept. 30, 2026, giving firms more time to transition under the AFS licensing regime. Exchange Liquidity Questions: AscendEX users report stuck withdrawals as investigator ZachXBT flags low liquidity in known hot wallets, urging users not to deposit. VC Beyond Crypto: Framework Ventures closes a $400M fourth fund, backing “frontier technology” including AI, robotics, and energy while keeping a blockchain footprint. Onchain Finance Product Push: Ondo Finance enables 24/7 instant minting and redemption for tokenized US stocks and ETFs for qualified non-US investors. Base Network Glitch: Coinbase’s Base restores block production after a nearly two-hour consensus halt tied to an invalid block. Stablecoin Milestone: USDT0 relaunches its site with a redesigned identity after crossing $100B in transfer volume.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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