Web3
Solana spaces opens physical store in New York City
Vibhu Norby, Solana Spaces CEO, explained that the major aim of the physical store is to educate people about crypto and onboard new entrants.
Oluwapelumi Adejumo 2 min read
North America News
Coverage footprint 25.7%
News sentiment 33 /100
Top North America Stories
Exchanges
FTX US opens no-fee stock trading offering for all US users
FTX US customers now have access to the no-fee stock trading service, as exchange hints on introducing options trading next. According to the president, FTX US will become an all-in-one financial service provider.
Investments
Cathie Wood’s ARK Invest sells $75M worth of Coinbase shares due to poor performance
Ark Invest sold off 1.41 million Coinbase shares for $75 million, citing the exchange's poor performance as the primary reason.
Latest North America Crypto News & Analysis
Macro
What will the FED decide today? Last chance for interest rate hikes before 2 month hiatus
The crypto market is undecided on how it will react to another FED rate hike today. Expectation of a 75 basis point increase may be priced in but will the FOMC meeting lead to a record setting 100 basis point increase?
Legal
FatManTerra announces class action lawsuit against Terraform Labs, Do Kwon, Jump Capital
A class action lawsuit naming Do Kwon personally as a defendant has been announced by FatMan Terra as he retells his story and why he created the FatManTerra account.
Bankruptcy
Tether’s $840M Celsius loan liquidation poses legal troubles
Celsius legal representatives are asking whether the bankrupt lender could be able to recover the value of the collateral sold by Tether.
Taxes
US Senators propose bill to exempt crypto transactions under $50 from taxation
Senators Toomey and Sinema want to make cryptocurrency transactions more integral with the lives of everyday Americans by exempting qualifying payments from capital gains tax.
Stablecoins
Lawmakers delay voting on US bill to regulate stablecoins till September
The draft bill, which is yet to be completed, requires lawmakers to reach an agreement on issues such as custodial wallet standards.
Macro
White House alters the definition of a recession to avoid one
Policymakers have changed the conventional meaning of a recession to prevent the economy from falling into one.
