Technology
Regulation
New U.S. bill to block Google and Apple from hosting apps that accept eCNY
Senators Marco Rubio, Tom Cotton and Mike Braun sponsored a bill to prohibit companies to host software that supports payments in China's new CBDC, the eCNY
People
Crypto execs believe bear market could help filter bad players from industry
Industry leaders believe the bear market will offer legitimate projects an opportunity to focus on developing and building.
Metaverse
Metaverse-related phishing attacks become the newest form of high-tech fraud
Although retail metaverse investors are losing their investments to scammers, institutional investors are focused on establishing a presence in the virtual world.
Regulation
ESMA Chair says crypto needs urgent regulation to protect investors
Ross says the rising inflation will force retail investors to invest in risky cryptocurrencies, leading to greater risk-taking.
Regulation
Turkey drafts new bills to increase regulatory oversight of crypto
Among the proposals is a requirement for crypto firms to have a minimum capital of 100 million liras (roughly $6 million).
Regulation
SEC’s Hester Pierce claims US failed at regulating crypto
Peirce says the U.S. is not allowing innovation to develop and experimentation to happen healthily.
Adoption
Nigeria and Developing Africa Group ink deal to launch a crypto project on Algorand
The project seeks to enable the international commercialization of all IP forms created and registered within Nigeria.
Payments
Stripe resumes BTC payments four years after suspending the service
Stripe partnered with OpenNode to offer users fast and cheap BTC payments.
Exchanges
FTX US looking for strategic acquisitions after ‘notable growth’ in users
FTX U.S. is targeting acquisitions and mergers that can help it secure more users and win regulatory licenses.
Wallets
GameStop rolls out web3 wallet for crypto, NFTs
The GameStop web3 wallet is non-custodial and will let users complete transactions on the GameStop NFT marketplace once it goes live.
Regulation
US House Ethics Committee launches insider trading probe into Madison Cawthorn’s crypto promoting
The probe seeks to determine whether Cawthorn may have improperly promoted a cryptocurrency in which he had an undisclosed financial interest.
Scams
Hacker steals $438K in crypto, NFTs after compromising Beeple’s Twitter account
The scammer sold the stolen NFTs on OpenSea and used a crypto mixer to launder the funds.