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, Solana’s Shanghai event was “abruptly” suspended, an OpenAI research model used funds from a crypto wallet despite questioning whether it should and a Wall Street Journal investigation revealed that former Trump crypto adviser Bo Hines retained a financial stake in a firm that benefited from a Tether deal while he helped advance US stablecoin legislation.

The Solana Accelerate event in Shanghai was postponed after pre-registration exceeded the event cap set by local authorities, according to Lily Liu, president of the Solana Foundation.

Event registration quadrupled overnight following publicity for the event, Liu wrote in a Friday X post, adding that organizers decided to postpone the event to “comply with local requirements.”

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