Regulation
Technology
Optimism invites Layer-3 networks to join its Superchain, promising advanced features
Optimism introduced two new features to entice layer3 blockchain developers.
Legal
SEC delays crypto wallet provider Exodus’ NYSE American listing amid ongoing scrutiny
The company said it was disappointed with the financial regulator's decision.
Regulation
US lawmakers introduce bill to suspend crypto mixer transactions
The US legislators have proposed a two-year moratorium on crypto mixer usage in the financial sector.
Technology
Polkadot rolls out asynchronous backing to boost network efficiency and transaction speed
Polkadot's native DOT token fell by a modest 1% despite the introduction of the major upgrade.
Exchanges
Japanese exchange Coincheck set for Nasdaq listing through SPAC merger
When its merger is complete, Coincheck will become the second publicly listed crypto exchange in the US after Coinbase.
Mining
Tether partners with Swan to expand Bitcoin mining operations
Tether's venture into mining coincides with a significant decrease in daily revenue for Bitcoin miners.
Legal
SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’
Ripple's CLO Stuary Alderoty said the SEC filing was baseless.
Bankruptcy
FTX’s bankruptcy plan offers over 100% recovery for creditors, faces mixed reactions
FTX's new bankruptcy plan offers full recovery plus interest for non-governmental creditors while facing criticism over asset valuation and settlement terms.
Regulation
Coinbase legal chief challenges SEC chair Gensler’s claim that most crypto tokens are securities
SEC Chair Gary Gensler recently reiterated his stance that most crypto tokens are securities under the law during a TV interview.
Technology
Polkadot developer proposes inflation upgrade to enhance transparency
Proposed inflation mechanism for Polkadot relays seeks to disconnect staking from inflation rates, enhancing predictability and control.
Investments
US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive
Hong Kong spot Bitcoin and Ethereum ETFs recorded significant inflows of more than $300 million last week.
Exchanges
Binance CEO says Nigeria is detaining US exec as a control tactic, reveals bribe demands
Binance CEO Richard Teng calls for the release of Tigran Gambaryan, a detained U.S. executive in Nigeria, denouncing the action as a dangerous new precedent and revealing bribe demands by Nigerian officials.
