ChainCatcher news, the crypto lending platform Goldfinch announced the termination of its collaboration with its risk management advisor Ajay Gill. Gill was responsible for the liaison between Goldfinch lenders and defaulting borrowers, and he was set to receive $135,000 over six months, but he recently stopped responding to lenders' inquiries.Obinna Okwodu, head of the Goldfinch Foundation, stated on Friday that he will temporarily take on Gill's responsibilities while searching for Gill's successor.

ChainCatcher news, the Trump family's crypto project World Liberty Financial announced on the X platform that Matt Morgan, CEO of Mixie Studios & Mixie Media, will serve as its latest advisor.According to WLFI: "Since 2016, Matt has been a game developer on Telegram, with an outstanding track record in the cryptocurrency field."

ChainCatcher news, the TON ecosystem Launchpad platform TonUP announced that the team has decided to voluntarily burn all tokens held by the team and allocated to advisors, accounting for 13% of the total supply. A total of 13 million UP tokens will be burned, aiming to strengthen its belief in a sustainable and deflationary model that benefits all holders.

ChainCatcher news, Tether strategy, and VanEck advisor Gabor Gurbacs stated that the logic behind the Federal Reserve purchasing Bitcoin instead of U.S. Treasury bonds is based on the fundamental differences between the two assets: one can be printed infinitely, while the other cannot. This is essentially a hard asset acquisition strategy, similar to central banks' operations with gold. The Federal Reserve aims to diversify its asset holdings by shifting from easily printed Treasury bonds to Bitcoin, which has a fixed supply, thereby hedging against potential inflation and currency fluctuations. In fact, this is a hedge against itself, which most central banks currently achieve primarily by holding gold. Bitcoin is increasingly being incorporated into the hedge portfolios of central bank investments.

ChainCatcher news, according to Fortune, sources say that advisors to Harris's campaign have been in contact with major players in the crypto industry to build relationships and develop a regulatory framework.The report states that in recent days, this outreach has included cryptocurrency exchange Coinbase, stablecoin company Circle, and blockchain payment company Ripple Labs.Sources say that the message Harris wants to convey is that Democrats are "pro-business and responsible enterprises."

ChainCatcher news, Biden's campaign team has hired Keisha Lance Bottoms as a senior advisor for the 2024 election. Lance Bottoms served as the mayor of Atlanta from 2018 to 2022 and joined the Coinbase advisory board in April 2024, after resigning from her position as a White House advisor in 2023.Foreign media The Hill reported on June 27 that Lance Bottoms will continue to stay with Coinbase during President Biden's campaign, which is expected to conclude with the U.S. voter election in November. The news outlet reported that the former mayor stated that cryptocurrency is a "non-political, unifying issue." It is currently unclear whether Lance Bottoms will provide advice to Biden's campaign team on cryptocurrency-related issues.According to The Hill, Lance Bottoms previously stated at the Stand With Crypto Atlanta event: "Cryptocurrency provides an opportunity to enhance financial freedom for communities that typically lack bank accounts and are underbanked."

ChainCatcher news, according to Bloomberg, the IRS has hired former Binance.US executive Sulolit "Raj" Mukherjee and former vice president of crypto tax software company TaxBit, Seth Wilks, as consultants.The IRS stated that the two will help lead the agency's cryptocurrency compliance and enforcement efforts.IRS Commissioner Danny Werfel said, "Leveraging private sector expertise in collaboration with the IRS team is essential for successfully conducting work involving digital assets and helping us operate in a way that is suitable for everyone."

ChainCatcher news, the Coinbase Global Advisory Council has added four national security experts, including former U.S. Secretary of Defense Dr. Mark T. Esper. Other new members include former Congresswoman and former national security expert at the Department of Defense Stephanie Murphy from Florida; former counterterrorism and homeland security advisor to President George W. Bush Frances Townsend; and lobbyist David Urban, who was also a senior advisor for Donald Trump's 2016 presidential campaign, responsible for corporate affairs at ByteDance.

Chain Catcher news, the CEO of the crypto lending platform Celsius, Alex Mashinsky, has submitted his resignation to the board.In his resignation letter, Mashinsky stated, "I will continue to work to help the community unite behind a plan that provides the best outcome for all creditors, which is what I have been doing since the company filed for bankruptcy. I believe that if the Celsius community comes together to help formulate the best recovery plan, we will all benefit more. I remain willing to continue working with the company and its advisors to achieve a successful restructuring."Earlier, Chain Catcher reported that Celsius shareholders proposed the establishment of a shareholder committee to ensure their interests are protected in the bankruptcy restructuring process (source link)