Ethereum
The pace of staked ETH withdrawals has slowed down for the first time since Shanghai was activated last week.
U.S. House Financial Services Committee Chair Patrick McHenry pressed SEC Chair Gary Gensler to give a definitive answer about his stance on Ethereum.
DeFi
The source of an exploit that has drained over 5000 ETH from crypto wallets is still yet to be identified.
Bitcoin
Four consecutive weeks of inflows into BTC funds and positive on-chain metrics could suggest the worst of the bear market is behind us.
Business
The Terra founder sent a final payment to law firm Kim & Chang just ahead of UST and LUNA’s unraveling.
The regulator specifically named six tokens “securities” in a lawsuit filed against crypto exchange Bittrex.
Kyber Elastic’s TVL dropped by $95 million after liquidity providers were advised to withdraw funds as a precautionary measure.
A Singapore High Court judge dismissed Algorand’s claim to assets on the grounds that cryptocurrency cannot be considered real money.
The community voted against a proposal that called for the Arbitrum Foundation to return millions of ARB tokens and disclose the terms of the market making deal with Wintermute.
Regulation
The U.S. House Committee has published a 73-page stablecoin draft bill which calls for a moratorium on stablecoins backed by other crypto assets.
