Exchanges
Coinbase moves to dismiss SEC charges, describes it as an ‘extraordinary abuse of process’
Coinbase said the SEC made an about-face with its approach to the crypto industry.
Oluwapelumi Adejumo 2 min read
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Regulation
Canadian lawmakers publish recommendations in support of blockchain adoption
The Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology that includes recommendations that attempt to balance regulations with innovation.
Legal
FTX sues ex-compliance officer Daniel Friedberg
Friedberg allegedly misused company funds, created corporate entities and false agreements to hide that abuse, and suppressed whistleblowers' complaints.
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Macro
Central bankers warn of further rate hikes at ECB Forum
The central bankers were vocal about the need for further rate hikes to bring inflation down to the 2% target, despite the risk of economic downturn.
Investments
MicroStrategy BTC holdings balloon to $4.6B as firm invests another $372M
With an average purchase prices of $29,668 per Bitcoin, MicroStrategy's BTC holdings are at a slight profit.
Bankruptcy
FTX pauses sale of stake in AI firm Anthropic, once purchased for $500M
The planned sale was expected to conclude with a nine-figure deal.
Regulation
BitGo CEO says traditional financial firms will remain ‘mostly out’ of crypto
Mike Belshe highlighted regulatory challenges but said he believes crypto firms and traditional financial firms could create a stronger, derisked market together.
Legal
SBF trial locked in for October after court rejects pre-trial motion to dismiss
The court said that after hearing all of the arguments related to the pre-trial motions, it has determined that they are "either moot or without merit."
Derivatives
First leveraged Bitcoin futures ETF opens for trading on CBOE
The Volatility Shares 2x Bitcoin Strategy futures ETF made its CBOE debut on June 27.
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DeFi
Staked ETH surpasses exchange balances with 19% of supply locked
Regulation
Asia is a ‘huge area of focus’ for Circle, especially Hong Kong: CEO Jeremy Allaire
Regulation
WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applications
Legal
