Market
Stablecoins
New York court orders Tether to provide documents on USDT reserve
Tether must also provide information about its accounts at Bittrex, Bitfinex, and Poloniex.
Taxes
Colorado enables crypto payment for taxes
Residents can pay their individual income tax, severance tax, withholding tax, and excise fuel tax in crypto.
Adoption
MicroStrategy buys additional 301 Bitcoin for $6M
MicroStrategy now holds approximately 130,000 BTC that were purchased for roughly $3.8 billion.
Regulation
Experts argue SEC cannot claim jurisdiction over Ethereum transactions
The SEC's jurisdiction claim sets a dangerous precedence for the crypto industry as assets whose nodes are densely clustered in the US could face this overreach in the future.
Bankruptcy
Voyager urges Alameda Research to repay $200M loan
Voyager asked the court to keep the crypto wallets that would be involved in the transactions private.
Hacks
Wintermute reveals $160M hack in DeFi operations
Wintermute CEO Evgeny Gaevoy said the firm's Cefi and OTC operations were not affected by the hack.
Legal
Crypto promoter Ian Balina labels SEC charge ‘frivolous’, turns down settlement
The SEC filed charges against the cryptocurrency promoter Ian Balina for violating federal securities law
People
South Korea upgrades wanted status of Terra founder Do Kwon, asks for red notice
South Korean prosecutors have requested the cancellation of Kwon's South Korean passport because he was "on the run" and uncooperative.
Exchanges
UK regulator says FTX has no authorization to operate in the country
UK FCA has taken a hard stance against crypto and fintech companies operating without authorization, requiring all companies offering financial services to register with it.
Legal
Ripple, SEC file summary judgment as crypto community watch keenly
Ripple contended that the XRP is not a security under the Howey test as its transfer does not involve an investment contract.
Merge
Cardano founder Charles Hoskinson calls Ethereum ‘Hotel California of Crypto’
The Hotel California song is about a prison where no one escapes from.
Research
Research: Bitcoin HODL waves show that this cycle is completely the same as all others
The HODL waves metric is a chart that groups Bitcoin supply in circulation into different age bands and the changes in these age bands over the years.