Trading
Regulation
UK’s FCA takes action against illegal crypto ATM operators
The UK FCA said no crypto ATM operator was registered with it, making their operations illegal in the country.
Crypto
CryptoSlate wMarket Update: Bitcoin maintains $29k in flat market performance
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Tokenization
Pepe climbs to new ATH as market cap approaches $1B
On-chain analyst Lookonchain reported how a whale exchanged almost all of its assets for PEPE and made a profit of $1.23 million.
Politics
US presidential candidate supports Bitcoin, criticizes CBDCs
There is a growing list of U.S. politicians taking a stand against CBDCs, with many citing risks of financial censorship.
DeFi
CertiK freezes $160k from stolen Merlin DEX funds
CertiK said efforts to collaborate with the Merlin's other team members proved futile because they were unwilling to verify their identities.
Crime
Crypto scammers steal over $1M from 2 elderly people in Hong Kong
According to the Hong Kong Police, reported cases of this type of online fraud increased by 92% in 2022 compared to the previous year.
Memecoins
ChatGPT-created Turbo memecoin crosses $50M marketcap
Several crypto exchanges like MEXC and LBank have listed Turbo and its holders have now exceeded 9000 indiviuals.
Bankruptcy
Bloomberg, others ask court to release FTX customer details
The media outlets argued that there was no legal basis to redact the FTX's customer names pursuant to foreign laws.
Exchanges
Court asks SEC to reply Coinbase in 10 days
The Court informed Coinbase that it can issue a reply to the SEC's response within seven days after it is filed.
Regulation
Nigerian government formally approves blockchain use
Many Nigerians have questioned if the new blockchain policy legalizes cryptocurrency usage in the African country.
Bankruptcy
Mashinsky argues Celsius Earn account are not securities
Under Chair Gary Gensler, the U.S. SEC has filed charges against crypto firms with interest-bearing product similar to that of Celsius.
Tokenization
SUI mainnet launches, trades for less than $2
SUI has declined by more than 70% in less than 30 minutes after its mainnet launch, according to CoinMarketCap data.
