Trading
Adoption
Report: 83% of US retailers think ‘digital currencies’ will become legal tender in 10 years
An overwhelming majority of Deloitte respondents believe that crypto payments would become prevalent in their industry within the next five years.
Regulation
CFTC may become main regulator for crypto industry
Several crypto exchanges have revealed their preference for CFTC to be the major regulator of the crypto space with FTX Bankman-Fried lobbying the US congress for the commission.
Investments
Solana launches $100M fund to attract crypto projects from South Korea
South Korean developers might be unwilling to take the new Solana's fund bait considering the network has suffered seven outages in the last 12 months.
DeFi
Terra’s Anchor protocol users vote to halt ‘earning and borrowing’
Anchor operations like earning and borrowing will be suspended and users would only be allowed to withdraw their funds or deposit USTC to earn aUST.
Crime
US DOJ wants more international collaboration to fight crypto crime
The US Department of Justice believes there is a need for international collaboration to better regulate the crypto industry.
Regulation
Japan-based exchanges to change screening method for listing crypto assets
Japan has introduced a slew of new crypto regulations designed to liberate the operations of the industry in the country.
DEX
Report: DEXs on-chain transaction volume surpasses that of CEXs
The growth of DeFi played a major role in the on-chain transaction volume of decentralized exchanges beating that of centralized exchanges.
Rumors
LUNA 2.0 falls by 77% in 14 days as Do Kwon takes Twitter account private
Trust in Terra's new ecosystem is dwindling as new allegations emerge against Do Kwon, who has taken his Twitter account private.
Analysis
Investors flock to Bitcoin as Ethereum records 9 consecutive weeks of outflow
While Bitcoin recorded an inflow of $126 million during the week, Ethereum saw another week of outflow.
Regulation
New US bill looks to incorporate crypto into the traditional financial system
Senator Cynthia Lummis has introduced a new bill aimed at totally incorporating digital assets into the U.S. financial system.
Legal
Texas to launch investigation into Twitter 5% bots claim
Twitter has until June 27 to respond to Texas Attorney General Ken Paxton’s request for its documents on its user numbers.
Taxes
Australian mayor suggests crypto as tax payment option
Gold Coast Mayor Tom Tate has revealed that the city could be open to accepting its taxes with cryptocurrencies like Bitcoin despite the volatile nature of the industry.
