Regulation
Stablecoins
Tether challenges UN claims of USDT use in illegal activities, advocates for blockchain education
Tether dismisses UN allegations, champions transparency and cooperation to deter crime.
Stablecoins
TUSD’s supply hits low as stablecoin struggles to maintain $1 peg
TUSD instability prompts massive sell-off on various trading platforms.
Staking
Record $1.6 billion of staked Ethereum redemptions led by Celsius and Figment
The significant withdrawals had little impact on Ethereum's price which rose by around 12% during the period.
Bankruptcy
Bankrupt FTX’s token valuation rebounds to over $1 billion as customers contest bankruptcy plan
Several customers of the failed exchange have objected to FTX's plan to dollarize their digital asset's claims.
ETF
Record-breaking $17.5 billion traded in crypto products following Bitcoin ETF debut
Investor fervor for new US spot Bitcoin ETFs fuels more than $1 billion inflows to crypto product.
Tokenization
Sui’s value skyrockets to ATH amid booming DeFi ecosystem
The blockchain network ranks among the top 15 blockchains for daily transaction volume and weekly volume.
Tokenization
Bitfinex thwarts $15 billion XRP ‘Partial Payments Exploit’ attack attempt
The suspicious transaction tried to move nearly half of XRP's market capitalization.
Mining
Hut 8 expands borrowing capacity with Coinbase to $65 million, acquires natural gas power plants
Hut 8 also obtained court approval to acquire four natural gas power plants in Ontario, Canada.
Investments
CoinShares leverages Valkyrie acquisition to enter US Bitcoin ETF arena
CoinShares said the deal follows the recent approval of Valkyrie’s spot Bitcoin ETF by the SEC.
Regulation
South Korea’s FSC warns against brokerage of foreign Bitcoin ETFs
Regulatory clouds hover as South Korea addresses Bitcoin ETFs and public officials' crypto declarations.
Legal
Do Kwon seeks SEC trial delay while awaiting extradition from Montenegro
Kwon wants to physically attend and testify in the case, court filing suggested.
Adoption
Worldcoin’s identity service captures over 1% of Argentina amidst token value surge
Worldcoin's WLD token rallied by more than 15% during the past day.
