Sasha Markevich

Abu Dhabi released a "purpose-built" regime that addresses the legal requirements of Blockchain Foundations, DAOs, and the broader crypto industry.

The crypto wallet provider announced the launch of a crypto exchange "dedicated to the ideals and principles the industry stands for." It has already secured a license in Dubai.

The island nation has enhanced its already progressive DAO regulation, ignoring a previous warning against the policy from the IMF.

Thai institutional players are moving into crypto and Web3, while local investors are trading crypto with the help of gods and astrology.

Wallet addresses connected to Alameda Research and FTX transferred over $10 million of crypto to Binance and Coinbase, presumably preparing for their sale in order to raise more funds to compensate customers.

This week, the court was in session for just two days but saw the conclusion of the prosecution's case and the beginning of Sam Bankman-Fried's personal testimony.

Over recent months, Binance, Coinbase and the U.S. regulators have been exchanging caustic statements via court filings, mainly repeating the same old song about authority limits and alleged legal violations.

The market is allegedly warming to FTX bankruptcy claims with a price of over 50 cents per dollar on some OTC trades. The rising valuation of SBF investment Anthropic might be one of the reasons for this.