Trading
People
Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra
Charles Hoskinson questions why VCs and cryptomedia love certain altcoins and hate on Cardano in the wake of UST's fall.
CBDCs
Israeli central bank yet to make decision on pursuing CBDC despite public support
A research by the Bank of International Settlements (BIS) shows that nine out of ten central banks are working on a CBDC project presently.
Crime
Criminals continue to scam people with fake crypto ads on Facebook using Martin Lewis’ images
An FTC report revealed that crypto scams on social media led to the loss of over $700 million to rackets operating on these sites.
Opinion
Avalanche founder claims only one algorithmic stablecoin can succeed – defends Terra’s UST
Emin Gün Sirer said a US-based team wouldn’t be able to succeed with an algorithmic stablecoin project because of the regulatory framework in the country.
NFTs
Azuki floor price tanks after founder reveals link to 3 failed NFT projects in 2021
Some crypto community members believe that the failed projects should count as a rug pull, while others disagree.
Adoption
Economist Nouriel Roubini backtracks on anti-crypto stance with digital dollar plans
Atlas Capital, co-founded by Roubini, will work with web3 developer Mysten Labs to develop the “United Sovereign Governance Gold Optimized Dollar.”
Taxes
Indians to face additional 28% tax on crypto
India’s Goods and Service Tax (GST) Council considers bracketing crypto investments in the same category as lottery, casinos, racecourses, and betting.
Analysis
Terra’s LFG to lend OTC traders $1.5B in BTC, UST to support stablecoin peg
Do Kwon, the co-founder of Terra, has said that the move is not an attempt to sell its Bitcoin holdings.
Crime
UK thieves targeting phones to steal crypto
One victim of the attack revealed that a mugger forced him to open his phone with a fingerprint, changed his security settings, and stole £28,700, including cryptocurrency.
Regulation
Senator Warren challenges Fidelity over its Bitcoin 401(k) plans
Fidelity had urged the Department of Labor to issue guidance and not opinion on Bitcoin investments for retirement funds.
Technology
Cardano plans 2 developer events before next hardfork
Retail investors interest in Cardano has risen by around 190% within the last 30 days.
Regulation
California set to create comprehensive crypto regulatory framework as Governor signs Executive Order
A top government official mentioned how blockchain tech could help to revolutionize other industries operating in the state.
