Trading
Stablecoins
Bank of England, Financial Conduct Authority seek public input on stablecoin regulation
The authorities' proposal is intended to ensure the safety of UK consumers and businesses participating in stablecoins transactions.
Investments
Crypto product inflows in 2023 surpass last year’s total by over $30 million
Crypto investment products have seen its sixth consecutive week of inflow of $261 million.
Trading
Chainlink’s LINK reaches a new yearly high amid string of market narratives
Chainlink's CCIP technology is enjoying heavy use from major traditional institutions.
AI
Unknown Grok token rallies 1300% after Musk introduces chatbot
Musk's new Grok Chatbot triggers the launch of hundreds of new AI-related tokens, with some rallying over 1,300%.
Investments
Hong Kong reportedly considers allowing retail investors to trade spot crypto ETFs
Hong Kong is positioning itself as a crypto-friendly jurisdiction by introducing several attractive initiatives for the industry.
Bankruptcy
Bankrupt FTX wants to liquidate $744 million in assets from Grayscale and Bitwise
The exchange explained that the sales were necessary to mitigate against price swings.
Bankruptcy
FTX bankruptcy advisors share customer data with FBI
The bankruptcy advisors have provided specific customer transactions, account investigations, and data from cloud computing to the authorities under subpoena.
Crime
US seizes $54M worth of Ethereum linked to illegal narcotics business
The 30,000 ETH were acquired from Ethereum's Initial Coin Offering (ICO) in 2014.
AI
Elon Musk’s xAI set to launch to select group tomorrow
The tech billionaire is also integrating AI-powered features into his social media platform X.
Legal
US SEC moves for summary judgment in case against Terraform Labs and Do Kwon
The regulator alleges that Terraform and Kwon orchestrated a fraudulent scheme that led to the loss of $45 billion.
Crypto
‘Billions in user funds were lost’ – crypto community reacts to SBF guilty verdict
Several members of the community agreed that the guilty verdict was the right outcome for the case.
Mining
Marathon Digital to power Bitcoin mining operations with methane gas from landfills
Bitcoin miners are increasingly turning to sustainable energy sources to power their operations.
