Market
Exchanges
Hong Kong social media star arrested for promoting controversial JPEX crypto platform
Hong Kong police said it received more than 80 complaints about the embattled crypto platform.
DeFi
RedStone redefines blockchain oracle scene with innovative design
RedStone Oracle plays an integral role in supporting algorithmic stablecoins.
Stablecoins
Tether denies affiliation with Justin Sun-linked stUSDT protocol
Staked Tether (stUSDT) touted several partnerships on its website, including MetaMask, HTX and others.
Exchanges
SEC pushes for court order against Binance US amid ‘uncooperative’ stance
Binance.US had previously sought court protection from the SEC's request for information.
Regulation
Elizabeth Warren’s anti-crypto bill sees surging support from 9 more Senators
The bill wants to ensure stricter regulatory oversight over the emerging industry.
Regulation
Hong Kong lawmaker quiets crypto stability concerns raised by Ethereum co-founder
Vitalik Buterin had raised questions about Hong Kong's relationship with China and skepticism about the region's crypto friendliness.
Tokenization
Tokensoft’s Connext NEXT launch boosts token transfers with record-breaking 1 million registrations
Tokensoft leveraged Connext's parameters to identify eligible participants for the distribution.
Technology
Deutsche Bank to offer crypto services with Taurus as custody partner
Deutsche Bank previously participated in a $65 million funding round with the crypto company.
DeFi
Coinbase CEO Brian Armstrong questions CFTC jurisdiction over DeFi protocols
Crypto attorney Gabriel Shapiro argued that the CFTC woud be a worse regulator for the crypto industry than the SEC.
RWA
Justin Sun-linked stUSDT fuels RWA growth despite transparency concerns
stUSDT protocol TVL is approaching $1 billion less than three months after its launch.
Bankruptcy
Zhu Su and Kyle Davies banned by Singapore regulator for 9 yrs over securities breaches
The MAS stated thatthe bankrupt Three Arrows Capital lacked adequate risk management framework for its managed assets.
Investments
Movement Labs raises $3.4M to further develop smart contract language Move
The investment fund had participants from Ava Labs and angel investor Calvin Liu.