Stablecoins
Regulation
UK Parliament proposes legislation to recognize digital assets as personal property
The proposed legislation creates a third category to address cryptoassets and warns against setting hard boundaries to the concept.
Crypto
Election jitters and ETF outflows weigh on crypto market – Nansen
The juncture of factors is putting a toll on crypto prices, and it is possible that relief will come only after the U.S. elections.
ETF
State Street and Galaxy Digital launch 3 new crypto-related ETFs
The three products launched by the fifth-largest asset manager in the world offer exposure through investments in ETFs and crypto firms.
Mining
Bitcoin miners stay resilient despite traders’ waning risk appetite — Glassnode
The hash rate nears its 14-day moving average all-time high, while on-chain data reveals trading activity waning.
Crypto
Bitwise CIO highlights rapid adoption of Bitcoin ETFs by advisors
Nearly $1.5 billion in advisor-driven inflows make BlackRock’s Bitcoin ETF one of the fastest-growing funds in 2024.
Legal
State regulators secure full refunds for investors in $1 billion settlement with GSB Group
The coordinated efforts of 12 participating states will address the full repayment of over 800,000 investors.
DePIN
DePIN tokens down 30% over 6 months despite reaching $20 billion market cap — MV Global
The negative performance was still better than 16 out of 20 different sectors of the crypto market, according to Artemis data.
Exchanges
Coinbase to face shareholder lawsuit over SEC risks, judge rules
A federal judge has ruled that Coinbase executives must face accusations of downplaying regulatory dangers to shareholders.
DeFi
DeFi and social dApps lead in monthly unique wallets for August – DappRadar
Despite the growing activity registered by DeFi applications, total value locked and generated revenue failed to keep up in August.
Gaming
PixelRealm taps Neon EVM to bring Ethereum games to Solana
The Web3 gaming ecosystem is using Neon EVM infrastructure to seamlessly deploy EVM-based games to Solana.
Banking
Fed orders United Texas Bank to halt crypto services over AML concerns
The enforcement action is the second one within a month, as the financial watchdog also hit Customers Bank in early August.
Regulation
Kamala Harris turns to Coinbase for crypto campaign donations, CFO reveals
Coinbase CFO Alesia Haas confirms Harris embracing crypto donations, despite campaign silence on the issue.
