Regulation
Regulation
US senators challenge DOJ’s broad definition of crypto money transmitters
The DOJ had argued that a money transmitting business does not require controlling the funds being transferred.
Investments
Crypto investment products see first inflow in weeks despite subdued trading volumes
The uncertainty surrounding Ethereum ETFs resulted in significant outflows for ETH last week.
ETF
New Hampshire representative proposes Bitcoin ETF investment to address state financial liabilities
The lawmaker pointed out that the state missed on a 10,000% gain when it failed to invest in Bitcoin in 2016.
Tokenization
DeFi platforms Lido and Aave surpass Bitcoin and Ethereum in fee generation
Lido and Aave are among the top 3 DeFi protocols in the crypto industry.
Stablecoins
Tether CEO Paolo Ardoino defends USDt compliance record in wake of Ripple CEO’s comments
Ripple CEO Brad Garlinghouse claimed the US government was targeting Tether.
Crypto
Tokyo-listed Metaplanet outlines Bitcoin plan amid rising economic pressure in Japan
Metaplanet said it would embrace a Bitcoin-first approach and praised the blockchain's proof-of work mechanism.
Crypto
Ethereum transaction fees hit record low as Layer-2 networks siphon activity
Ethereum has transitioned to an inflationary state following the Dencun upgrade.
Crypto
Crypto scammer returns $34.7 million in stolen assets after victim offers bounty
Slow Mist reported that the attacker might be invlved in other phishing attacks targeting the Tron blockchain.
Legal
Kraken spotlights SEC inability to identify ‘investments contract’ in digital assets
Kraken argued against the SEC’s expansive view on digital assets.
Crypto
Metaplanet boosts its Bitcoin reserves, positions itself as Asia’s MicroStrategy
Metaplanet's total Bitcoin holdings is approximately 117.72 BTC, valued at ¥1.2 billion
Tokenization
Record-breaking user engagement on Polkadot despite price slump
Active addresses on Polkadot hit new all-time high second month in a row.
Memecoins
Former President Donald Trump-related memecoin lead market following new crypto promises
Trump shifts stance on crypto, plans to accept digital asset donations for 2024 campaign.
