1. GENIUS Act Signing: President Donald Trump has signed the GENIUS Act into law, aiming to lead the global digital currency revolution, prioritize consumer protection, strengthen the U.S. dollar’s reserve currency status, and bolster national security in the digital market. The act includes regulations for stablecoins, reserve requirements, alignment of state and federal frameworks, and combatting illicit activity in digital assets. 2. Expanding Crypto Empire: The Trump family is expanding their cryptocurrency empire with plans for a digital asset treasury company called Trump Media Group CRO Strategy in partnership with Crypto.com. This expansion aligns with efforts to position the United States as a global leader in cryptocurrency. 3. "Crypto Week" Announcement: The House of Representatives announced the week of July 14th as "Crypto Week." During this time, the House plans to consider key legislation related to digital assets, including the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate's GENIUS Act. These legislative efforts aim to establish a clear regulatory framework for digital assets to make America the crypto capital of the world. These developments indicate a significant focus on digital assets and cryptocurrency within the Trump administration, with efforts to promote innovation, consumer protection, and the leadership of the United States in the digital assets market. Stay tuned for further updates and announcements related to these initiatives. text of the GENIUS Act (S. 1582) that was passed by Congress on July 18, 2025. The full text of the bill is quite detailed, but here is a summary of key points based on the provided information: 1. Short Title: The Act is named the "Guiding and Establishing National Innovation for U.S. Stablecoins Act" or the GENIUS Act. 2. Purpose: The Act is designed to provide for the regulation of payment stablecoins and includes provisions for other purposes related to digital assets. 3. Definitions: The Act includes definitions for terms such as Bank Secrecy Act, Board (referring to the Board of Governors of the Federal Reserve System), Comptroller (referring to the Comptroller of the Currency), Comptroller-regulated entity, Corporation (referring to the Federal Deposit Insurance Corporation), digital asset, distributed ledger, Federal qualified nonbank payment stablecoin issuer, institution-affiliated party, and insured depository institution. 4. Regulation: The Act aims to regulate payment stablecoins issued by nonbank entities, establish certifications for payment stablecoin issuers, and provide oversight by primary Federal payment stablecoin regulators. 5. Digital Assets: The Act addresses digital representations of value recorded on cryptographically-secured distributed ledgers and the use of technology to maintain the integrity of public ledgers. 6. Stability and Security: The Act includes measures to ensure the stability and security of payment stablecoins, as well as to regulate and supervise Comptroller-regulated entities.

The Crash That Changed Everything October 19, 1987 - a date that still sends shivers down Wall Street's spine. In a single trading session, the Dow Jones plummeted an astounding 22.6%, wiping out over $500 billion in market value. To put this in perspective, this was the largest one-day percentage decline in U.S. stock market history What makes Black Monday particularly relevant for today's DeFi community is how automated trading systems became the villain of the story. The crash revealed the dangerous role of financial and technological innovation in amplifying market volatility. Sound familiar? Portfolio insurance strategies - the 1987 equivalent of today's algorithmic trading - were designed to automatically sell S&P 500 futures when stock prices declined. Instead of protecting investors, these systems created a devastating domino effect. As stock prices fell, more automated selling kicked in, which drove prices down further, triggering even more selling. Lessons That Echo in DeFi Today The crash taught us that highly improbable events can happen, and they happen all the time. This is especially relevant in DeFi, where smart contracts and automated protocols can amplify both gains and losses. Key takeaways for DeFi Operators: - Circuit breakers matter: The crash led to trading halts that are still used today - Interconnected systems amplify risk: When everything is automated and connected, small problems become big ones fast - "Buy the dip" worked: Those who rebalanced and bought during the crash likely did very well The Silver Lining Unlike today's prolonged bear markets, the 1987 crash was remarkably short-lived. The Dow had recovered 288 points of its 508-point loss within just a few trading days, and by September 1989, the market had recouped virtually all losses. The bottom line? Even the most sophisticated risk management tools can backfire spectacularly. As we build the future of finance in DeFi, Black Monday reminds us that with great automation comes great responsibility. 📈⚡

I thought that today's Defi Alpha call was very revealing for me. When I entered Defi, I was always asked, "What's your goal?", and I always approached it from that angle. In hindsight, I think this was counter-productive because I was always hoping and waiting., and ultimately would be disappointed. A systems first approach would definitely have created a more disciplined environment in which I could realistically set some goals.

Does anyone have experience with the CL Card?

DeFi University fam! 👨‍💻 Just finished my deep dive on the new Plasma Chain that dropped on AAVE and... WOW - 44% APY on USDTO! 🤯 It's not every day you see yields like this on stablecoins without it being some ponzi farm. I went deep on the project and here's what I found: ✅ Fundamentals Look Solid - Well-structured tokenomics - Experienced team (not sketchy anons) - Realistic roadmap 🎯 The Million Dollar Question: Who here has already bridged funds to Plasma and battle-tested this? I need real intel from those who've put skin in the game. My Take: 44% yields on stables always trigger my "too good to be true" radar, BUT... when it comes through AAVE, at least we know it passed through decent security filters. 🔥 Questions: - Anyone already farming these yields? - What's your position sizing strategy for opportunities like this? - Red flags you've identified? Drop your analysis below. Let's dissect this opportunity together! 💪 #DeFiUniversity #PlasmaChain #AAVE #AlphaHunting Useful Links: https://usdt0.to/ https://www.plasma.to/