NFTs
Exchanges
FTX US opens no-fee stock trading offering for all US users
FTX US customers now have access to the no-fee stock trading service, as exchange hints on introducing options trading next. According to the president, FTX US will become an all-in-one financial service provider.
Web3
Web3 domain provider Unstoppable Domains raises $65 million, becomes newest crypto unicorn
Unstoppable Domains raised $65 million in a funding round led by Pantera Capital, to scale its domain services as Founder projects a billion people will own at least one NFT domain in the next 5 years.
Investments
Cathie Wood’s ARK Invest sells $75M worth of Coinbase shares due to poor performance
Ark Invest sold off 1.41 million Coinbase shares for $75 million, citing the exchange's poor performance as the primary reason.
Investments
Ex-Diem developers raise additional $150 million from FTX Ventures and Jump Crypto
Aptos Labs is now valued at $2 billion as it raises $150 million in latest Series A round. Investment will be used to support developments towards the launch of its mainnet in September.
Adoption
Central African Republic’s Sango Coin sales go live, records only $1.09 million in 24 hours
Sango Coin recorded an inflow of $1.09 million within 24 hours of its initial offering, as the project criticism and declining market conditions continue.
Regulation
Thailand SEC to investigate impact of Zipmex’s withdrawal freeze
Users affected by Zipmex’s withdrawal freeze were requested to provide feedback to Thailand's SEC, as Zipmex faces a liquidity crisis from exposure to Celsius and Babel Finance.
Bankruptcy
Three Arrows Capital’s founders resurface; hint at relocating to Dubai
Zhu and Davies of Three Arrows Capital recount the story behind the hedge funds rise and fall, as they prepare to relocate to Dubai.
Regulation
Gemini becomes Ireland’s first approved Virtual Asset Service Provider
US-based crypto exchange Gemini expands into Europe as it receives an additional license from the Central Bank of Ireland.
Regulation
Crypto.com, Coinbase secure approval from Italian regulator
US-based crypto exchanges Coinbase and Crypto.com have received regulatory approval from Organismo Agenti e Mediatori (OAM) to continue serving the Italian Market