Market
Regulation
Congress wants to be notified of all crypto rewards payments by DOS
The U.S. wants to understand how crypto is impacting sanctions enforcement and take strong measures to prevent evasion.
Layer-2
Vitalik Buterns reveals Layer-3s to have “bigger role” as Layer-2 scaling ecosystem matures
Layer-3s are coming. Vitalik sets out his definition of a Layer-2 as debate emerges as to the feasibility of Layer-3s
Partnerships
BitGo sues Galaxy Digital for $100M over broken merger agreement
After agreeing to acquire BitGo for $1.2 billion, Galaxy Digital backed out saying it never received BitGo's audited financials.
Crypto
CryptoSlate Daily wMarket Update – Sept. 8
The wMarket Update condenses the most important price movements in the crypto markets over the last 24-hours, published 08:00 UTC daily.
Crypto
CryptoSlate Daily wMarket Update – Sept. 7
The wMarket Update condenses the most important price movements in the crypto markets over the last 24-hours, published 08:00 UTC daily.
Crypto
CryptoSlate Daily wMarket Update – Sept. 6
The wMarket Update condenses the most important price movements in the crypto markets over the last 24-hours, published 08:00 UTC daily.
Legal
Australia creates special crypto police unit to crack down on money laundering
In the first four months of 2022, crypto scam losses in Australia grew 166% to $140 million, compared to the same period in 2021.
Bankruptcy
Celsius wants to return $210 million worth of custody assets
The firm has filed a petition to allow eligible customers to withdraw assets from its custody program and Withhold accounts.
Investments
Despite market downturn, US sees 44% increase in retail crypto investors
In the U.S., 61% of retail respondents said they currently invest in crypto in Q2. That's an increase of 44% from just 42% investing in crypto in Q1.
Gaming
Blockchain gaming company Xterio bags $40M led by FunPlus, FTX Ventures
The startup will focus on developing free-to-play games with the aim of creating Web 3.0 gaming franchises.
Legal
Bitboy has not yet dropped his lawsuit against Atozy
While Bitboy said the lawsuit will be dropped by next week, Cobie has pledged another $100,000 to Atozy's defense.
Investments
Animoca Brands’ Japanese unit bags $45M to promote NFTs
The funding came in equal parts from Hong Kong-based parent Animoca Brands and Japanese banking giant MUFG Bank.