DeFi
Synthetix founder launches Infinex to compete with centralized exchanges
Infinex intends to serve as a Synthetix frontend with an improved UX.
Mike Dalton 3 min read 
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Mike Dalton 3 min read 
DeFi
Binance CEO foresees DeFi outgrowing CeFi in 6 years, despite regulatory hurdles
The Binance CEO believes the recent wave of institutional interest in crypto validates the industry and its technology.
Exchanges
Binance has quietly laid off 1,000 or more employees in recent weeks; may slash workforce by up to 30%: WSJ
The exchange had roughly 8,000 employees around the globe before the layoffs began a few weeks ago.
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Research
Bitcoin buying pressure could surge amid rising exchange withdrawals
Rapid exchange withdrawals and increased exchange-related activity have the potential to increase buying pressure for Bitcoin as the tradable supply decreases.
Exchanges
OKX sees surge in users in first month ahead of Hong Kong license application
Adapting to regulatory changes: OKX Hong Kong's successful growth under new VASP regime
Exchanges
Binance appoints new general counsel amid intensifying legal troubles
Eleanor Hughes takes on the role a week after it was vacated by Han Ng amid increased regulatory scrutiny.
Exchanges
Coinbase challenges SEC’s attempt to dismiss defenses, asserts lack of regulatory authority over crypto
Coinbase's Paul Grewal tweeted that the exchange was ready to address the Court on July 13.
Exchanges
Cathie Wood’s Ark Invest unloads $12M Coinbase shares as COIN rallies to one-year high
Coinbase stock has rallied after several traditional financial institutions chose it as partner for their surveillance-sharing agreement.
Regulation
Dubai’s virtual assets regulator suspends critical license for crypto exchange BitOasis citing regulatory non-compliance
Regulators have published a market alert concerning the exchange's MVP license.