DeFi
Memecoins
Retail piles into Shiba Inu while institutions remain unfazed by market volatility
Last week’s flows into digital asset funds suggest sustained appetite for crypto, despite recent market corrections.
Regulation
US regulator that oversees banks like JPMorgan wants to curb how they engage with crypto
OCC acts to impose new conditions for US banks that are engaging in crypto-related activities.
Technology
IOHK announces Cardano (ADA) block size increase as it moves to ‘scaling’ phase
Ahead of anticipated rise in traffic, Cardano developers started implementing changes aimed at boosting the network’s throughput capacity.
DeFi
Billions exited DeFi protocols last week, but newcomers like Cronos Chain show growth
Although total value locked (TVL) across all platforms dropped over 4% last week, Avalanche (AVAX) and Cronos Chain (CRO) defied the DeFi market’s downturn.
DeFi
$1.8 billion moved to Ronin DEX from Ethereum in 2 weeks
Ronin Bridge has been the most used Ethereum bridge in the last 30 days, recording over $7.5 billion in volume.
Adoption
Australian official who owns Ethereum says it is no threat to the country’s financial system
Richards’ comments were made at an online conference this week, following a recent Australian Senate report, which called for adapting laws to accommodate crypto.
Technology
New zkSync sidechain brings privacy and decentralization at a few cents to Ethereum users
The two-sided architecture enables the zkSync protocol to outperform other scaling solutions.
Adoption
Crypto.com snaps up naming rights for the Staples Center in $700 million deal
The crypto exchange announced it bought naming rights to the Los Angeles Lakers and Kings home arena.
Regulation
Global crypto regulation: What’s on the horizon?
Without an international regulatory framework for the crypto industry, small and medium enterprises may be forced to leave the global market.
Regulation
Ripple releases its crypto regulatory framework draft, recommends bigger CFTC role
The blockchain company drafted its “immediate and pragmatic” approach for developing an effective policy framework, while offering an industry insider’s perspective on crypto regulation.
Regulation
U.S. senators hurry to retroactively tweak the infrastructure bill concerning crypto
Wyden-Lummis duo reacts to amend the new cryptocurrency reporting rules laid out in the controversial provision.
Trading
Large transfers of Ethereum cause unease as market watchers anticipate selloff
Analysts predict a correction in Ethereum (ETH) price as large transfers of ETH are sent to Kraken.
