Trading
Legal
BitMEX’s Arthur Hayes pleads for leniency
The defense counsel is arguing that the conviction of Arthur Hayes has set enough precedence within the crypto space.
Banking
Largest private bank LGT to offer direct Bitcoin and Ethereum investments
The crypto investment option would first be open to LGT clients in Liechtenstein and Switzerland.
NFTs
Coinbase’s NFT marketplace is not getting the entry it expected
Coinbase NFT marketplace has recorded a slow start to life when compared with its competitors.
Mining
Kazakhstan imposes strict energy consumption reporting requirements on crypto miners
Kazakhstan requires every crypto-miner in the country to provide detailed information about their operations 30 days before commencing operations.
NFTs
Otherside virtual land value falls as interest recedes
Yuga Labs has begun refunding gas fees for users who had failed transactions during the minting process of its new Otherdeeds NFTs.
Culture
Crypto trading addicts pay $90k to treat “addiction”
The rise of retail trading options plus the proliferation of digital assets has led to concerns about crypto addiction.
NFTs
Kraken joins list of centralized exchanges with NFT marketplace
Kraken’s marketplace offers users an avenue to carry out gas free NFT transactions.
Investments
Report: Crypto mortgages are too risky
Weiss Rating report stated that pooling crypto loans could be risky as it it was a similar strategy that led to the housing market crash and the Great Recession of 2009.
DeFi
DeFi TVL drops below $200 billion as major protocols falter
All major DeFi protocols like Curve Finance, MakerDao, Lido, Convex Finance, and Aave lost an average of 11% of their TVL within the last 30 days.
Legal
Dfinity is suing Meta over the use of “its logo”
Dfinity says Meta’s use of the logo could bring harm to its reputation.
Taxes
India eyes 20% taxation on DeFi gains
India tax department wants to implement a 20% tax on DeFi gains that could be withdrawn from the source.
Regulation
SEC looks to prevent Ripple from getting vital document about its case
The SEC has filed a motion that looks to protect documents that show its former finance director, William Hinman, stated that Bitcoin and Ethereum were not securities.
