New York Regulator Secures $48.5M Settlement From Paxos Over Binance Dealings

After failing to detect $1.6 B in suspect activity tied to Binance, Paxos has concluded a $48.5 M settlement with NYDFS that includes a $26.5 M penalty and a $22 M commitment to rebuild onboarding, transaction monitoring and cooperation with enforcement, showing tougher scrutiny for crypto custodians.
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$ENA Rises 12%: Whale Accumulation & $1 Breakout Potential

$ENA has surged 12% as trading volumes rebound and whales add over 1 B tokens, lifting FDV near $9.5B. Ethena has launched on-chain reserves audits and a Celestia-Arbitrum Layer-1 roadmap, while TON and Aave integrations expand stablecoin reach, though a rising wedge restricts near-term upside.
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