Trading
Exchanges
Binance will stop supporting USDC, certain other stablecoins by Sept. 29
Binance says the move is geared toward enhancing liquidity and capital efficiency for its users.
Regulation
Russia to reportedly consider crypto use for international payments
Russia has faced increased scrutiny and sanctions from western countries over its Ukraine invasion, forcing a rethink of its stance towards crypto.
DeFi
Vitalik Buterin poll reveals community want 5-letter .eth domain name for $100
Crypto community members argued that a fee less than $100 would ensure inclusivity for all.
Analysis
Research: September is historically the worst month for BTC since 2013
Like Bitcoin, the S&P 500 has also recorded downturns in most September since 1928, according to available data.
Technology
Cardano’s Vasil upgrade will happen on Sept. 22
Input Output revealed that it has gotten assurance from stake pool operators (SPOs) and Dapp communities that they would be ready for the Vasil upgrade by Sept. 22.
Regulation
SEC, CFTC propose amendments for large hedge fund crypto reporting
The authorities said investments in digital assets have become more common and there is a growing need to gather information on funds' crypto exposure.
DeFi
Crypto community lambasts dydx’s new facial verification requirement
Industry stakeholders reacted negatively to dYdX's verification requests, with some suggesting that the exchange was acting on regulators' instructions.
DeFi
DeFi protocol Kyber Network suffers frontend hack, loses $265K
Kyber Network says the threat has been neutralized, offered the hacker a 15% bug bounty.
Analysis
Ethereum POW token may trade for $18, Paradigm predicts
Paradigm's price prediction is based on the differences between spot ether and futures prices.
Layer-2
Binance, Crypto.com to support for BNB beacon chain upgrade
The upgrade is designed to remove DEX features from the Beacon Chain, and focus on improving security and features.
Exchanges
US prosecutors probing Binance over AML compliance since December 2020 – Reuters
The regulator's requested information on Binance's management, structure, finances, anti-money laundering and sanctions compliance.
Regulation
FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ
The FASB rules will cover digital assets that are intangible, fungible, and don't carry any contractual rights to cash flow or ownership of goods and services.
