Regulation
Bankruptcy
Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations
Gemini crypto exchange already assured its Earn users that they would receive 100% of their digital assets back in kind.
Crypto
MicroStrategy invests $623 million in Bitcoin, now owns over 1% of global supply
MicroStrategy's MSTR stock has declined by more than 16% during the past day despite the latest Bitcoin purchase.
Crypto
Grayscale hints at lower fees for its Bitcoin ETF as market matures
Grayscale CEO Michael Sonnenshein said the firm anticipated the heavy outflows GBTC experienced since its launch.
Investments
Nomura Bank launches Libre with Polygon for on-chain tokenization of alternative assets
Libre provides investors access to reputable money market funds managed by firms like BlackRock.
Academia
Binance co-founder Changpeng Zhao to launch Giggle Academy amid legal woes
The new venture aims at providing free basic education for the underprivileged.
Crypto
Rogue trader crashes Bitcoin to $8900 on BitMEX in massive sell-off event
Over $600 million wiped from crypto futures in market wide downturn.
Exchanges
Nigeria intensifies probe into Binance with court-ordered data disclosure
Binance's privacy terms show that it could share users' data with authorities for legal and regulatory compliance reasons.
Investments
Record $13.2 billion YTD inflow into digital assets eclipses 2021 total
US, Bitcoin leads with nearly all $2.9 billion inflow into digital assets in landmark week.
Analysis
Why Standard Chartered reviewed its Bitcoin price forecast to $150,000
Gold ETF parallel fuels Standard Chartered's $150,000 Bitcoin prediction.
Stablecoins
USDM emerges as Cardano inaugural fiat-anchored stablecoin in a buoyant market
The overall stablecoin market has witnessed a resurgence, with its total market capitalization now at a 2-year high.
DeFi
Solana establishes new all-time high against Ethereum with robust DEX trading activity
Solana's market capitalization has hit a record new high amid the blockchain community's memecoin mania.
Culture
Amid investor craze Solana memecoin founder accidentally burns $10 million pre-sale tokens
Over the weekend, Solana-based memecoins pre-sale frenzy had generated around $100 million.
