Legal
Investments
Valkyrie temporarily backtracks on ETH futures contracts
The company filed new documents with the SEC detailing that it was halting the purchase of ETH futures pending an amendment to its registration statement.
Legal
Su Zhu arrested in Singapore; Kyle Davies wanted by authorities
The co-founder of Three Arrows Capital was apprehended in connection to his failure to cooperate with the hedge fund's bankruptcy proceedings, according to liquidators.
Adoption
Tottenham Hotspur Football Club announces Fan Token on Chiliz Chain, joining 80 other teams
The English football club will issue SPURS tokens to fans as a way of providing access to unique rewards and experiences.
Legal
Court denies Sam Bankman-Fried’s motion for pre-trial release yet again
Judge Lewis Kaplan noted Bankman-Fried's history of witness tampering and flight incentives in its ruling.
Analysis
The Fed and web3: Understanding the U.S. central banking system’s approach to all things crypto
A deep dive into the Federal Reserve's perspectives on digital assets and its policy priorities as blockchain technology reshapes finance.
Exchanges
Kraken may soon launch stock trading services for U.S. and U.K. markets: Report
Bloomberg has reported that the crypto exchange has plans to enter the U.S. and U.K. securities markets.
Politics
Lawmakers from both parties urge Gensler to approve spot Bitcoin ETF ‘immediately’
The group of four lawmakers wrote that "Congress has a duty" to see that federal agencies approve investment products that are in accordance with Congressional requirements.
Adoption
Pudgy Penguins strikes major IP and merchandising deal with Walmart
The deal will see Pudgy Penguins—and their Web3 on-ramp features—on shelves in more than 2,000 Walmart stores.
AI
Anthropic’s ‘responsible scaling’ policy introduces outline for safe AI development
The AI startup behind Claude is taking proactive steps in AI regulation while governments struggle to get started.
Regulation
Federal Reserve holds rates steady amid inflation concerns; future hikes still possible
The Federal Reserve is proceeding cautiously for the time being, still hoping to guide the U.S. economy toward a 'soft landing.'
Politics
Maxine Waters turns ‘anti-innovation’ argument against Republicans as CBDC fight intensifies in D.C.
The Democratic Congresswoman criticized her colleagues for backing legislation that would stifle the U.S.' own ability to innovate within the global financial landscape.
AI
Joe Biden addresses UN on international AI regulation: ‘It’s going to take all of us’
The President spoke on the "enormous potential and enormous peril" of ongoing AI development, urging the international community to prepare before it is too late.