Market
Exchanges
Cathie Wood’s Ark Invest unloads $12M Coinbase shares as COIN rallies to one-year high
Coinbase stock has rallied after several traditional financial institutions chose it as partner for their surveillance-sharing agreement.
Investments
Singaporean sovereign fund Temasek exits crypto altogether amid regulatory crackdown
The investment chief conceded that Temasek might invest in crypto if the regulatory framework becomes comfortable, but the fund is still nursing its wounds from its FTX bet gone sour.
Crime
Chainalysis report raises concerns that Multichain’s attacker may have inside connections
Chainalysis noted that the attacker's actions deviated from normal practices in such exploits.
Legal
Ripple CTO predicts summary judgment for September, says delay not unusual
Pro-XRP lawyer John Deaton has warned the XRP community not to contact Judge Analisa Torres.
DeFi
Algorand’s largest DeFi protocol Algofi to shut operations
Algorand's ALGO token has been on a downward price movement since the SEC classified it as a security.
Legal
Grayscale challenges SEC’s decision on leveraged Bitcoin ETF as GBTC discount narrows
GBTC shares have outperformed Bitcoin over the past month.
Analysis
Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: Kaiko
Most Celsius's altcoin holdings have seen their liquidity drop by as much as 84% over the past year.
CBDCs
Bank of International Settlements predicts 15 retail and nine wholesale CBDCs by 2030
BIS noted that crypto's popularity was influencing Central Banks' interest in CBDCs.
Analysis
Standard Chartered, Matrixport foresee Bitcoin hitting $120k next year
Standard Chartered higlighted an important role Bitcoin miners would play in BTC's price upward movement.
Bankruptcy
Bankrupt Voyager experiences $250M withdrawal surge as users move assets to centralized exchanges
Arkham Intelligence dashboard shows that Voyager's current crypto holdings balance has dropped to $175M.
Exchanges
Tether addresses depeg fears as Binance.US faces 8% Bitcoin discount
Binance.US has experienced huge price swings with its US dollar pairs since the SEC filed a lawsuit against it.
Politics
US presidential candidate RFK Jr.’s financial disclosures reveal up to $250,000 in Bitcoin
Kennedy has been a vocal supporter of the crypto industry since he began his campaign.