Crypto and Laws
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Blast Delays Token Launch But Increases Airdrop Allocation
The Ethereum Layer 2 network was widely expected to drop its token in May but has delayed the launch to June 26.
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Circle to Relocate Legal Domicile from Ireland to U.S.
The move comes ahead of the USDC issuer’s potential IPO, for which it filed paperwork with the SEC in January.
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Ethereum NFTs Dip as Blur Season 3 Winds Down
Many popular NFT collections have posted double-digit percentage losses in the past week as BLUR airdrop farmers offload their inventory.
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Crypto Markets Bounce Back as Core U.S Inflation Hits 3-Year Low
Bitcoin surged 6% to $65,000, with Ether and Solana rallying 3% and 7%, respectively.
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US lawmaker calls on SEC to repeal crypto custody rule ahead of Senate vote
US lawmaker Wiley Nickel has urged the Gary Gensler-led Securities and Exchange Commission (SEC) to repeal the Staff Accounting Bulletin 121 (SAB...
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Degen Chain Back Online After 50-Hour Outage
The price of DEGEN has crashed 22% since May 12 amid the downtime.
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S& P Global Rankings Urges Asset Managers To Embrace Tokenization
The esteemed credit rating agency argued that using public blockchains for tokenization offers significant efficiency benefits over legacy...
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Oklahoma signs bill into law protecting crypto spending, mining, and self-custody
Oklahoma has signed into law a bill protecting crypto-related rights. The Oklahoma State Legislature website indicates Governor Kevin Stitt...
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Sonne Finance Suffers $20 Million Exploit
The Optimism-based lending protocol has paused operations.
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Infinex Attracts $60 Million of Deposits in Two Days
Users can deposit USDC on multiple chains to earn Governance Points.
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Aave Announces Lens Network L2 Leveraging ZK Stack
Lens Network will host a new deployment of Lens Protocol.
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Lido Proposes Alliance Promoting stETH-Based Restaking Ecosystem
Lido has suffered multiple months of outflows as liquid restaking protocols grow.
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CFTC Imposes Fine on Falcon Labs for Illicit Crypto Activities
The CFTC regulatory body, the Committee on Commodity Futures Trading, has imposed sanctions against Falcon Labs, a Seychelles-based...
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Institutional ETPs Post First Inflow In Five Weeks Despite Bitcoin Price Pullback
Weekly ETP trade volume is down 53% compared to April.
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Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore
Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project...