Trading
CBDCs
Federal Reserve’s CBDC efforts likened to ‘financial Death Star’ by U.S. lawmaker
The Federal Reserve Bank of San Francisco has listed a CBDC-related job position.
Tokenization
Elon moves markets again as abandoned X token soars 2,000%, DOGE up 8% following Twitter rebrand to ‘X’
Millions poured into abandoned token as Elon Musk's tinkering with Twitter continues to sway market sentiments
Tokenization
Worldcoin mainnet launches, WLD token soars 60% on major exchanges
Worldcoin's mainnet went live on July 24, airdropping the WLD token to early community members.
Exchanges
Binance France records €4 million loss in 2022, optimistic for profit in 2023
Binance France says it holds about €1 billion worth of crypto assets for its users.
Hacks
Conic Finance loses $3.2M to reentrancy attack on ETH Omnipool
BlockSec stated that the Conic Finance hacker was labeled as the Lady Pepe Exploiter by MetaDock.
Exchanges
Indonesia launches national cryptocurrency exchange amid 69% drop in transaction volume
Cryptocurrency transaction volume in Indonesia declined 69% during the first half of the year.
Hacks
Binance CEO warns of phishing scams after Uniswap founder’s Twitter breach
Uniswap founder Hayden Adams has regained access to his hacked Twitter account.
Bankruptcy
DOJ accuses SBF of leaking Caroline Ellison’s private diary to taint trial; FTX sues former executives for $1B
FTX alleged that Sam Bankman-Fried is supporting his defense through a $10 million gift he gave his father in January 2022.
NFTs
NFT of Jack Dorsey’s first tweet, originally purchased for $2.9M, is worth less than $4 in today’s market
Crypto entrepreneur Sina Estavi's effort to sell the NFT since 2022 has been futile as the once-booming market fizzles.
Regulation
UK Economic Secretary rejects regulating crypto as gambling, advocates for financial services framework
The finance ministry argued that the Committee's recommendation was alien to international standard and approaches to crypto.
Bankruptcy
Terraform Labs requests to subpoena docs from bankrupt FTX in SEC case defense
Terraform Labs CEO Chris Amani alleged that short sellers used FTX-related accounts to submit massive sell orders at the beginning of the attack on UST.
Regulation
Kuwait imposes ‘absolute ban’ on virtual assets to combat money laundering risks
The regulator warned that defualters would face strict penalties.
