Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Mysten Labs’ co-founder departed for Anthropic to focus on AI security research, Western Union expanded into stablecoin payments with a Visa-backed wallet, and Binance launched a legal challenge against RedotPay over alleged user diversion worth hundreds of millions of dollars.

Sam Blackshear, the co-founder and chief technology officer of Mysten Labs, has announced he will be stepping down to join Anthropic to work on defensive security research.

Blackshear, along with four former Meta executives, founded Mysten Labs — the creator of the Sui blockchain — in September 2021. Blackshear said Mysten Labs co-founder and CEO Evan Cheng will step in to set the “technical vision” for Mysten going forward.

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