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The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

2025.03.14 02:24:20

On March 14th, the U.S. Senate Banking Committee advanced the "Financial Integrity and Regulation Management Act" by a 13 - 11 vote this Thursday. This act will disallow federal regulatory agencies from employing "reputational risk" as an assessment element in financial regulation. Furthermore, the committee made a series of amendments to the act, such as adjusting regulatory approaches through "management schemes" to guarantee that bank regulation is "tailored" according to their risk profile and business model.
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A whale was attacked in Venus after the pump and transferred 3,667,000 THE to Binance, making a profit of $729,000

On March 15th, on-chain analyst Ai Yi (@ai_9684xtpa) noted that a crypto whale accumulated 3.667 million THE tokens one month prior at an average price of $0.2693. After the token’s price spiked following a flash loan attack on Venus by an unknown attacker, the whale transferred all its THE tokens to Binance. If the whale sells the tokens, it stands to net a $729,000 profit.

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THE "Pump and Dump" saw a brief 116% surge to $0.6, followed by a 61% drop to $0.234

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