Regulation
Crypto
MicroStrategy’s $786 million Bitcoin buy sees share value climb 3%
MicroStrategy has raised more than $2 billion since the beginning of the year to fund its Bitcoin acquisition drive.
Crypto
Argentine leader Javier Milei promotes Bitcoin in currency reform plan
Argentina is one of the top 15 crypto markets globally.
Exchanges
Binance’s global operations under fire as fines and suspensions mount
Binance fined in India and Canada, faces US license suspension.
Legal
Nigerian court drops Binance Anjarwalla’s case following his custody escape
Tigran Gambaryan is still held at the Kuje Prison by the Nigerian authorities.
Exchanges
Kraken’s $3 million bug exploit leads to criminal investigation
Kraken said the security researchers actions were criminal in nature.
CBDCs
CBDCs could boost financial inclusion, ease cross-border payments in the Middle East, IMF says
The global financial regulator warned that the digital currencies could pose challenges to financial stability.
People
Montenegro prime minister reportedly an early investor in defunct Terraform Labs
The Montenegro prime minister has not publicly disclosed any investment with Terraform.
Technology
Polkadot co-founder proposes new Plaza system to unify parachains and enhance scalability
Plaza will integrate various parachain features into a single chain that would benefit the broader Polkadot ecosystem.
Regulation
Financial watchdog clarifies role amid South Korea’s new crypto compliance crackdown
Fears of mass delisting loom as South Korea's tough crypto regulations spook investors.
Crypto
Idaho Republicans oppose central bank digital currency, advocate for Bitcoin
The Idaho Republican party also called for the abolishment of the Federal Reserves.
Crypto
Bitcoin hits one-month low as altcoin sell-off triggers $455 million crypto liquidation
Altcoin crashes and the significant ETF outflows have driven Bitcoin's price down.
Investments
Bitcoin sees $621 million outflow as investors react to Fed’s cautious stance
Ethereum defies trend with $13 million inflows amid broad crypto outflows.
