Trading
Legal
Ripple legal chief urges investigation into ex-SEC official over Ethereum speech controversy
Ripple CLO argued that the investigation would provide clarity about Hinman motivations for the speech.
DeFi
Lido adoption surges with 10,000 new stakers despite Ethereum’s price struggles
Lido detailed how the Curve Finance exploit impacted its project.
Investments
Singapore pledges $112M to foster fintech and web3 innovation
Singapore's MAS said individual web3 projects would get grant funding to support actual trial and commercialization of their products.
Stablecoins
MakerDAO DAI supply gains $200M as interest rate surges to 8%
The high interest rate would be unavailable to U.S. citizens and VPN users.
DeFi
Curve Finance opens $1.85M bounty to public for help recovering funds after DeFi exploits
DeFi projects are reducing exposure to Curve's embattled CRV token.
Tokenization
Worldcoin global ID demand doubles despite regulatory hiccup, WLD token turbulence
Worldcoin founder founder Sam Altman previously said the project was onboarding eight users per second.
Hacks
Curve attacker begins to return stolen funds after bounty issued
Contagion fears still exist in the market as the Curve founder used the token as collateral for some of his debt.
DeFi
Hex loses $500M in market cap after SEC lawsuit; token removed from MetaMask, Uniswap
Crypto platforms, Uniswap and MetaMask, have dropped support for the embattled HEX token.
Technology
Adshares partners with QuickSwap to revolutionize decentralized advertising via crypto payments
Adshares uses blockchain technology to solve the challenges plaguing traditional advertising.
CBDCs
Bank of Russia kicks off digital ruble operations with free transactions until 2025
The bank explained that this would incentivize Russians to use the national digital currency.
ETF
SEC flooded with 12 Ethereum ETF applications in less than a week
Market observers have argued that the asset management firms are gambling on their applications.
Technology
Matter Labs CEO dismisses Polygon Zero claims of zkSync plagiarism
The Polygon Zero team wrote that the copying codes without attribution were against open source ethos and hurts the ecosystem.
