Trading
Adoption
Panama President demands strict anti-money laundering measures in new crypto law
Panama has been listed as a country with "strategic deficiencies" in dealing with money laundering.
Adoption
Russian minister says crypto to become means of payment ‘soon’
Russian government agencies are yet to agree on whether crypto should be regulated or banned.
Mining
Growth in US Bitcoin mining does not reflect in stocks performance
The price performance of most Bitcoin mining firms in the US in recent weeks has left a lot to be desired largely due to the overall market sentiment.
Crime
US Federal agencies warn businesses against mistakenly hiring North Korean hackers
North Korean entities have dispatched thousands of skilled IT workers worldwide to get employment and generate funds for its missile program.
Legal
Terra faces litigation from South Korean investors over failed UST investment
The law firm is applying to the Seoul Metropolitan Police Agency to seize all Do Kwon's properties in the country.
Hacks
Axie Infinity targeted in another hack, this time via discord bot
Axie Inifinity announced that hackers compromised the MEE6 Bot to add permissions for a fake Jiho account.
Wallets
Ledger launches browser extension to enable direct connections to Web3 apps
The beta launch will support apps on Ethereum and Solana while other networks will be supported later.
DeFi
Top German regulator executive wants DeFi regulated
The European Union is also considering extending its Markets in Crypto Assets (MiCA) law to other digital assets and crypto innovations, including the Web3 and financial sectors.
Adoption
MiamiCoin raises regulatory concerns after value nosedives more than 90%
MiamiCoin was developed by CityCoins — which is also working on creating cryptocurrencies for other cities in the U.S. like New York.
Analysis
Report: Crypto sees record investment despite bearish market
Terra’s UST recorded some inflows despite losing around 100% of its value and 99% of assets under management. Per the report, the asset saw an inflow of $0.043 million.
Stablecoins
Another algorithmic stablecoin, DEI, loses peg
Deus' team might have contributed to the decline as the developers had halted a mechanism that allowed investors to exchange their DEI for other tokens.
DeFi
Scream protocol losses millions to stablecoin depeg
Scream had hardcoded the value of these affected stablecoins, Fantom USD (fUSD) and DEI to $1, meaning their decline didn’t reflect on its platform.
