Author: Chris Smith
US Senators Say Binance is Evading Regulatory Bodies
Reading Time: < 1 minuteThe US Senate Banking Committee has sent a letter to Binance CEO Changpeng Zhao and his US representative Brian Schroeder.
LedgerX Abandons Silvergate Services in Favor of Signature Bank
Reading Time: < 1 minuteLedgerX has informed customers that it will stop working with Silvergate and transfers must now be done through Signature Bank.
Crypto Wallet ZenGo Raises $10M
Reading Time: < 1 minuteZenGo has raised $10 million in convertible bonds through an extended Series A funding round.
Changpeng Zhao Responds to Forbes’ FUD Allegations
Reading Time: < 1 minuteBinance CEO Changpeng Zhao has responded with a series of tweets to a Forbes post about “billions of exchange collateral being moved.”
Ether.Fi Raises $5.3M
Reading Time: < 1 minuteEther.Fi has recently announced the completion of a $5.3 million investment round led by North Island Ventures and Chapter One.
Fujitsu and Mitsubishi Will Create Japan’s Economic Zone in the Metaverse
Reading Time: < 1 minuteFujitsu, Mitsubishi and Mizuho have recently announced a new partnership to create an economic zone in the metaverse.
Alchemy Pay Gets License in Indonesia
Reading Time: < 1 minuteAlchemy Pay has announced that it has received a license from the Central Bank of Indonesia to operate as a payment system operator.
Circle’s CEO Says SEC Should Not Regulate Stablecoins
Reading Time: < 1 minuteCircle CEO Jeremy Allaire has urged the SEC not to regulate stablecoins as securities.
Gary Gensler: Cryptocurrencies Should Be Recognized as Securities
Reading Time: < 1 minuteAccording to Gary Gensler, chairman of the SEC, any cryptocurrencies with the exception of Bitcoin can be classified as securities.
3AC’s NFT Collection is Put Up for Sale by Liquidators
Reading Time: < 1 minuteThe collection of NFTs collected by bankrupt crypto hedge fund 3AC will be put up for sale.
Base Protocol Token Rises by 275% After Coinbase Launches its L2 Network
Reading Time: < 1 minuteThe price of the BASE token has jumped from around $2 to a high of $7.5.
Reddit Co-founder Bought 50K ETH in 2014
Reading Time: < 1 minuteAlexis Ohanian, co-founder of Reddit, invested $15,000 in Ethereum at 30 cents in a 2014 presale.
BIS: The Majority of Retail Bitcoin Investors Are Suffering Losses
Reading Time: < 1 minuteThe average retail investor lost about half of the funds invested in Bitcoin from 2015 to 2022.
Arbitrum Network’s Activity Approaches Ethereum’s
Reading Time: < 1 minuteThe daily volume of transactions in second-tier network Arbitrum has approached the milestone of 1 million.
Cameron Winklevoss Believes Asian Investors Will Help Bitcoin Grow
Reading Time: < 1 minuteCameron Winklevoss believes digital currencies will increase in value due to the activation of Asian investors.
A Top FTX Executive Will Plead Guilty to Fraud
Reading Time: < 1 minuteFTX’s former CTO intends to plead guilty to fraud for his role in the crypto exchange.
OneCoin Founder Was Murdered
Reading Time: < 1 minuteRuja Ignatova, founder of cryptocurrency pyramid scheme OneCoin, was killed in November 2018 on a yacht in the Ionian Sea.
Gaming-focused Web3 Startup Nefta Raises $5M
Reading Time: < 1 minuteGaming-focused infrastructure startup Nefta has recently raised $5 million in seed funding.
Blur CEO Urges NFT Creators to Boycott Competitor OpenSea
Reading Time: < 1 minutePacman, the head of NFT marketplace Blur, has called on the creators of non-fungible tokens to ignore competitor OpenSea.
South Korea’s Financial Watchdog Will Investigate Staking Services
Reading Time: < 1 minuteSouth Korean financial regulators will explore services to provide staking services to local crypto exchanges.
Experts: Number of Bitcoin Users Will Grow to 1 Billion by 2026
Reading Time: < 1 minuteThe number of users of BTC in the next three years will grow from the current more than 300 million to 1 billion.
Crypto Miner Iris Energy Plans to Increase its Hashrate from 2 EH/s to 5.5 EH/s
Reading Time: < 1 minuteAustralia-based mining company Iris Energy has announced it will increase in crypto mining capacity from 2 EH/s to 5.5 EH/s.
NYDFS: Paxos Has Violated its Obligation to Conduct Individual Periodic Risk Assessments
Reading Time: < 1 minuteInfrastructure company and stablecoin issuer Paxos reportedly failed to secure BUSD, which could lead to misconduct.
PayPal Suspends the Development of its Stablecoin
Reading Time: < 1 minutePayPal announced last week that it was suspending the development of its digital currency.
Vitalik Buterin Donates $152,000 in ETH to Earthquake Victims
Reading Time: < 1 minuteEthereum co-founder Vitalik Buterin has recently sent 99 ETH to Ahbap.
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Lido Staked Ether 
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