Good Morning Crypto

Here's what's making headlines today: South Korea is investigating crypto exchanges Upbit and Bithumb concerning an ex-lawmaker's transfers. Zimbabwe has sold millions of gold-backed crypto tokens, even against IMF warnings. Ethereum developer, Virgil Griffith, faces a 10-year export privilege suspension by the US. Meanwhile, China's Fuzhou City is offering financial incentives to lure blockchain...

Today's highlights includes Binance leaves Canada, potentially affecting future market trends. A shift in Bitcoin and Ethereum correlation could signal new market dynamics. A Twitter user's $4M Ethereum gain illustrates the speculative nature of crypto. Florida's anti-CBDC legislation hints at evolving attitudes towards digital currencies, and large-scale crypto transfers may indicate upcoming mar...

Today's highlights include a significant development in the crypto regulatory landscape in the US. The US Chamber of Commerce has sided with the crypto industry and criticized the SEC. On the legal front, we see Terra Luna founder Do Kwon's bail terms being officially accepted by a court in Montenegro, another interesting unfolding. Internationally, we're seeing the IRS extending its expertise to...

Today's key topics include Binance's quest for regulation in the UK in the face of a US crypto crackdown, and Do Kwon's legal team proposing a substantial $436K bail as authorities gear up for a June trial. The G7 countries are making waves by calling for stricter controls over individual crypto transactions, and China is making a significant leap in blockchain technology by launching a national c...

Today's highlights include Grayscale expanding its ETF business with three new crypto funds, OKX taking a subtle jab at Coinbase in a new ad campaign, and President Biden calling for an end to tax loopholes benefiting wealthy crypto investors. Additionally, EU members unanimously support new rules on sharing crypto tax data, a Brazilian chess competition plans to reward winners with NFTs, and a fo...

Today we're diving into Microsoft's blockchain partnership, Coinbase's outreach to SEC, Bittrex's bankruptcy declaration, Xapo Bank's new Tether features, Binance NFT's Bitcoin Ordinals support, and the Bank of Canada's public consultation on CBDC.

Today's highlights include MakerDAO's expansion of DAI lending via Spark Protocol, a significant investment in Web3 firm Artifact Labs, the burning of over 10,000 Ethereum in the past day, the Pepe memecoin reaching a $1 billion market cap, Aave DAO's proposal to deploy on Ethereum's layer 2 Metis Network, and Binance reopening Bitcoin withdrawals.

In today's highlights, Coinbase considers the UAE for its international hub, Binance's massive Bitcoin shift, cryptocurrencies being accepted for debt settlement in China. There has been a significant drop in Estonia's registered crypto firms, a South Korean lawmaker under investigation, and Binance's metaverse reality show.

In today's highlights, Zama introduces the Concrete fully homomorphic encryption compiler, Haiku OS makes progress on VisionFive 2 RISC-V dev board. Pepe memecoin reaches $1 billion market cap, London's Evening Standard issues a commemorative NFT, and Ethereum transaction fees surge.

In today's highlights, we'll discuss North Carolina's ban on digital dollar payments, Coinbase's decision to cease Bitcoin-backed loans, a conviction in an NFT insider trading case. Furthermore, Bloomberg's request for FTX customer details, an Argentinian lawmaker's crypto saving suggestion, the SEC's approach to defining digital assets, and FTX's legal battle with Genesis.

In today's highlights, we have rumors of Amazon launching an NFT marketplace and the White House considering a 30% digital mining energy tax. Concerns over unclear US regulations weighing down Coinbase stock, and the FBI and Ukraine seizing nine exchange domains on money laundering allegations. Additionally, Crypto.com introduces a ChatGPT-based AI user assistant, and the UK government targets fra...

In today's highlights, Binance accuses ChatGPT of spreading false information about CZ, while MicroStrategy's Bitcoin conviction remains strong as the company posts Q1 profit. Additionally, Coinbase launches an international exchange for institutional traders outside the US, Gemini unveils a non-U.S. derivatives platform, and digital bank Revolut starts offering crypto investments in Brazil.

In today's news, the Nigeria SEC has announced its support for asset-backed tokens, while JPMorgan moves to acquire the troubled First Republic Bank. In other developments, Jack Dorsey's nano Bitcoin mining chip is heading to the prototype stage, the SEC fines Coinme $4 million for misleading investors, and Justin Sun reverses a $56 million Binance transfer.

In today's news, Liquid Staking has overtaken DEXes in total value locked, becoming the leading category in DeFi by TVL dominance. In other exciting developments, Sotheby's has launched an on-chain secondary NFT marketplace, bringing new opportunities to the art and collectibles market. Additionally, Blur unveils Blend, a revolutionary peer-to-peer perpetual lending protocol for NFTs, while crypto...

Google Cloud to optimize Polygon zkEVM scaling performance. Hong Kong regulator requires banks to open accounts for crypto firms. Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps. Visa to develop Brazilian blockchain-powered CBDC project. CFTC wins record $3.4B penalty payment in Bitcoin-related fraud case.

California approves blockchain-based digital wallet for gov't services. Binance. US enables Web3 domain creation for American users. Kraken asks San Francisco court to intervene against IRS demands. Neobank introduces soulbound NFTs for wallet holders’ KYC information. Binance CEO CZ calls Bloomberg Rich List entry fake news. Celsius creditors demand transparency on ‘suspicious’ FTX transactions.

Raiffeisenlandesbank to offer crypto investment services. Apple’s outside payments ban ruled as unlawful in likely win for NFTs and crypto. FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company. Solana Labs’ ChatGPT plugin allows AI to fetch blockchain data. Bahamas seeks to tighten its crypto laws following FTX collapse.

Google launches accelerator for blockchain companies. Terraform Labs co-founder and nine others indicted in South Korea. CFTC proposes reducing anonymity to manage risks. France mulls fast-tracking registered crypto firms to new EU rules. S Korean MPs to create law that distinguishes CBDCs from crypto. OpenSea 'insider trading' trial kicked off in New York district court.

Zimbabwe’s central bank to issue gold-backed digital currency. Binance integrates ChatGPT into the Web3 Academy. Romania plugs into Web3 with national NFT marketplace. Bank of Korea given right to investigate local crypto firms. LUNA is not a security, South Korean court rules in Terra co-founder’s case. KuCoin to reimburse victims of the short-lived Twitter account hack.

Chinese city of Changshu plans to pay employees using digital yuan: RISC on a Chip: David Patterson and Berkeley RISC-I Tony Hsieh’s Friends/Family Milked Millions in His Drug-Fueled Final Months SoFi it’s Suing to Force You to Repay Student Loans Faster Rye: Flask author's new project for Python bootstrapping

'Proof of reserves' bill passes Texas House of Representatives. Abu Dhabi's financial free zone proposes legal framework for decentralized economy. Ukraine plans to adopt EU’s new cryptocurrency regulations. Marvel Studios founder David Maisel launches Ekos Genesis Art Collection. Ontario teachers' pension plan won't 'rush' into crypto after FTX write-off. Crypto firms alleged to have faked execs...

In today's highlights, the European Parliament adopts the crypto-focused MiCA legislation, 1inch launches protocols on zkSync Era, and Coinbase obtains a Bermuda license, potentially leading to the launch of an offshore exchange next week. Additionally, Elon Musk threatens Microsoft with a lawsuit over AI trained on Twitter data, Terra co-founder Do Kwon faces indictment for document forgery, and...

In today's highlights, a senior minister has said that the UK may see cryptocurrency regulation within the next year. Meanwhile, MetaMask has denied allegations of a wallet exploit that resulted in a $10 million hack. In Hong Kong, a court has ruled that cryptocurrencies should be considered property. Intel has announced that it will cease manufacturing chips for Bitcoin miners, and Georgian vendo...

Today's highlights include: UAE securities regulator to start accepting license applications from crypto firms Elon Musk to launch truth-seeking artificial intelligence platform TruthGPT Israel's central bank says CBDC could be issued if stablecoin use increases Binance users get new ETH deposit addresses Devs aim for fair governance by changing the voting system Coinbase CEO meets with UK Economi...