Banking
Legal
Crypto attorney calls on public to form amicus curiae in Coinbase, Binance suits
Attorney John Deaton is a rallying grassroots response to recent SEC enforcement actions that he claims have harmed investors.
Adoption
Hong Kong’s Web3 industry faces 100,000 person shortfall
Lawmaker Wu Jiezhuang presented an ambitious Web3 vision, but one hindered by a shortage of skilled talent.
Regulation
Speculation mounts that a regulatory attack on Bitcoin is coming
Although recent regulatory enforcement actions have bypassed Bitcoin, Balaji Srinivasan believes this will change soon enough.
Regulation
FCA to require ‘risk warnings’ on crypto as UK tightens regulation
Crypto firms face advertising risk warnings, referral bans, and a 24-hour cooling off period under new FCA rules.
Investments
Sora Ventures leads $1.5M funding round for Bitcoin Startup Lab
Bitcoin Startup Lab is a pre-accelerator firm looking for innovators to develop the Bitcoin Web3 economy.
Exchanges
Woo: “Binance customers don’t care” about SEC enforcement action
Altcoin holders on Binance.US, however, seem more nervous.
Crime
Restless Atomic Wallet hack victims express frustration over lack of updates
The response to the Atomic Wallet hack has called into question the security of other hot wallets on the market.
Regulation
Gensler “very confident” SEC can win against Coinbase, Binance
Gary Gensler maintains that the SEC is working to protect investors from "hype... hucksters and fraudsters."'
Exchanges
SEC-induced panic saw $53 billion wiped from crypto market
A market wide sell-off triggered by regulatory enforcement action against Binance sees crypto markets sink 4.7%.
Exchanges
Binance and CZ sued by SEC for breaching securities law
Breaking - Binance and comapny CEO Changpeng Zhao are accused of U.S. securities violations.
Adoption
Speculation mounts on Central Asian country to announce Bitcoin treasury holding
Likely candidates for which Central Asian country has added Bitcoin to its treasury are Kyrgyzstan, Uzbekistan, and Kazakhstan.
Exchanges
Decentralized-to-centralized exchange trade volume ratio sets new all-time high at 22%
Further analysis of the DEX-CEX trade volume ratio suggests DEX users are holding steady as CEX users dwindle.