Technology
Ripple acquires crypto custody firm Metaco in $250M deal
Ripple and Metaco team up to expand enterprise-grade crypto custody offerings.
Samuel Wan 2 min read
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Exchanges
Binance’s share of Bitcoin spot market falls more than half since February peak of 85%
Data suggests the war on crypto is taking its toll on Binance — the firm is set to shift focus away from Canadian and U.S. market.
Stablecoins
Tether USDT to strengthen reserves with Bitcoin purchase
Tether CTO Paolo Ardoino said Bitcoin "is the epitome of a sound and secure monetary system" due to its scarcity and decentralization.
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Regulation
Crypto advocacy group criticizes UK Treasury Committee recommendation to regulate crypto like gambling
CryptoUK said the U.K. Treasury Select Committee failed to "reflect the true nature, purpose and potential of the crypto industry,"
Legal
Ripple XRP rises 7% after judge denies SEC’s motion to seal Hinman documents
Ripple CEO Brad Garlinghouse described the judgment as another win for transparency. XRP grew 7% following the news.
AI
OpenAI CEO Sam Altman calls for AI to be regulated during Senate hearing
Sam Altman appeared before lawmakers to discuss artificial intelligence.
Bankruptcy
Celsius withdraws over $800M stETH staked on Lido Finance following upgrade
The Celsius Network wallet holding $800 million in stETH began requesting withdrawals in chunks of 1000 stETH at roughly 4:45 pm GMT.
Tokenization
Lido anticipates ‘large withdrawals’ as users’ staked Ethereum withdrawal requests increase
Liquid staking protocol Lido said it has around 440,000 ETH in its buffers to "absorb" large-scale Ethereum withdrawal requests.
CBDCs
ECB believes digital euro is necessary despite lukewarm response from banks, consumers
The ECB believes the eurozone needs its own "risk-free asset" that can compete with other payment systems and the only option is for the ECB to issue its own digital currency.
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BTC Halving
Countdown to Bitcoin halving: Less than 50,000 blocks remaining
Exchanges
OKX follows Binance in enabling support for Bitcoin Ordinals
AI
Ex-Ethereum developer calls OpenAI founder’s Worldcoin project ‘unrealistic and scary’
Exchanges
