Trading
Regulation
Belgian regulator mandates registration for companies providing crypto-related services
Crypto companies looking to operate in Belgium must have a corporate structure, hold a minimum capital of €50,000 and register with the Belgian financial watchdog.
Culture
CoinMarketCap describes Ripple’s XRP as an “impostor” cryptocurrency
Ripple’s community stated that CoinMarketCap’s tweet revealed its bias against XRP.
Metaverse
ApeCoin reaches new high as Otherside launch looms
Otherside metaverse lands would only be sold to wallets that are KYC-approved.
Adoption
Cuba embraces crypto regulation with new directive
Cuba will give virtual assets service providers operating in the country an initial one year license.
Hacks
Deus DAO suffers another flash loan exploit, loses over $16M
Deus team has stated that the latest attack did not result in the loss of any of its users’ funds.
Culture
US watchdog says it cannot block Musk’s Twitter purchase
Open Market Institute says Musk’s Twitter purchase is “a threat to “American democracy and free speech.”
Adoption
Cardano wallet addresses reach 3.6 million even as price drops
Data from IntoTheBlock reveals that over 80% of the 3 million holders of Cardano are in loss.
Adoption
Argentina considering switching all operations to distributed-ledger technology
The Mayor of Bueno Aires has revealed that the the city is on the verge of recognizing crypto as a tax payment method.
Metaverse
Standard Chartered buys virtual plot in The Sandbox to begin metaverse expansion
JPMorgan, Standard Chartered, alongside other top financial institutions now have a foot in the virtual world.
Adoption
First ETP to combine gold, Bitcoin to trade on Swiss bourse SIX
At launch, Bitcoin would account for 18.5% of the fund while gold would be 81.5%.
Regulation
New York Assembly passes bill to temporarily ban Bitcoin mining
The essence of the moratorium is to give the state enough time to examine the impact of mining in the state.
Layer-2
Ethereum L2 solution Optimism to launch new governance model, token via airdrop
The governance system is a unique bicameral model in which two different entities will work together to grow the ecosystem.
