Regulation
Senators Warren, Marshall, Manchin and Graham announced an expanded coalition of support for the Digital Asset Anti-Money Laundering Act.
Business
Crypto exchange Gemini has called DCG’s proposed remuneration plan “inadequate” and an attempt to “gaslight” creditors.
Bitcoin
BitGo and Swan Bitcoin plan to form a Bitcoin-only trust that will provide a Bitcoin custody service that isn’t exposed to “the risks of securing many altcoins.”
Genesis will cease operating all of its remaining crypto services by the end of the month.
Millions of dollars worth of crypto was withdrawn from the exchange’s hot wallet through a series of transactions.
Grab customers will be able to participate in Web3 experiences during the Singapore Grand Prix as part of a pilot with stablecoin issuer Circle.
Crypto lender Celsius’ former chief revenue officer Roni Cohen-Pavon has pleaded guilty to US criminal charges.
Banking giant Deutsche Bank enters a global partnership with digital asset infrastructure provider Taurus to kickstart its digital assets journey.
The judge overseeing FTX’s bankruptcy proceedings overruled two objections and approved the exchange’s motion to sell the crypto in its possession.
Paxos overpaid $500,000 to move around $200 worth of Bitcoin due to an apparent bug in its corporate operations business.