Trading
Technology
Hong Kong pilots first-ever digital yuan payment system for cross-border transactions
The Digital Yuan pilot scheme does not support peer-to-peer transactions.
Hacks
Infamous crypto scam service Pink Drainer shuts down after netting $85 million
Over the past year, three of the most popular "scam-as-a-service" provider has quit operations.
Exchanges
Bybit faces potential legal action in France for regulatory non-compliance
AMF warned that Bybit might "suddenly cease to provide services to the public residing in France."
Legal
Tornado Cash developer challenges conviction in Dutch court
Crypto mixer Tornado Cash remains in use by the crypto community despite the legal issues facing its founders.
Crypto
Vanguard’s new CEO upholds firm’s stance against Bitcoin ETFs despite crypto enthusiasm
Salim Ramji had a pro-Bitcoin stance in his former role at BlackRock.
Stablecoins
MakerDAO’s dual stablecoin solution promises to resolve longstanding trilemma
Maker's DAI stablecoin would evolve into two distinct assets known as NewStable and PureDAI.
Crypto
CME gears up to launch spot Bitcoin trading, challenging Binance’s dominance
CME's entrance into the scene shows that Wall Street institutions are increasingly interested in the emerging industry.
Crypto
Subsquid teams up with Google BigQuery to redefine blockchain data handling
Subsquid is set to launch a native SQD token to power its ecosystem soon.
Regulation
US lawmaker calls on SEC to repeal crypto custody rule ahead of Senate vote
Bipartisan support grows for repealing the contentious SEC's crypto custody rule, lawmaker claims.
Stablecoins
Stablecoin issuer Circle eyes US move, setting stage for rumored IPO
Circle's decision to relocate to the US would open it to a heavier tax regime and the unfavorable regulatory regime in the country.
Technology
Degen Chain restarts after two-day outage, still stabilizing infrastructure
Degen Chain issues began when Conduit performed a custom configuration last Friday.
Hacks
DeFi protocols Sonne Finance and ALEX Lab lose over $24 million in separate hacks
The crypto projects have offered their attackers a 10% bounty to return the stolen funds.
