Regulation
Bankruptcy
FTX empties FTT treasury wallet, transferring assets worth over $250 million
The financial regulators in Cyprus have extended the suspension of FTX Europe’s license till September.
Crypto
Bitcoin soars to $65,000 as Israel-Iran sparring looks to conclude
Several analysts analysts remain optimistic on Bitcoin's price trajectory especially as the halving event looms.
Technology
Polkadot introduces JAM upgrade and 10 million DOT prize to enhance network capabilities
Gavin Wood intoduced the Gray Paper of the planned upgrade at the Token2049 crypto conference in Dubai.
Regulation
Senator Warren wants to extend anti-money laundering rules to crypto miners and validators
Warren argued that sanctioned countries like Iran make substantial revenue from validating blockchain transactions and mining Bitcoin.
Crypto
Nym Technologies joins Liquid Federation to boost Bitcoin layer-2 privacy and security
Bitcoin layer-2 networks receive privacy boost through Nym Technologies and Liquid Federation collaboration.
Exchanges
Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India
Binance has prioritized compliance after settling its legal issues with US authorities last year.
Investments
Ord.io prepares for new Bitcoin standard with $2 million funding boost
Sora Ventures and Bitcoin Frontier Fund led the $2 million funding round.
Technology
Polkadot parachain Polimec aims to transform Web3 fundraising via decentralized platform
Polimec's plan for the year includes expanding to other networks through WebAssembly integration.
Crypto
Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years
Bloomberg analysts revised previous projections, which expected roughly $500 million in inflows during a similar period.
Stablecoins
US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US
The bill classifies payment stablecoins' classification as customer assets rather than belonging to the issuer.
Crypto
EigenLayer removes caps, sees record $157 million inflow as Lido dominance dips
Lido's Ethereum staking dominance wanes, drops under 30% due to inflows into restaking protocols.
Exchanges
Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts
Binance US's market share has plummetted to under 1% following its regulatory struggles with the authorities.
