Gary Genselr added that crypto exchange that allow its users to “stake” their digital assets will have to undergo the Howey test for securities.

The Ethereum Merge will reduce the network’s energy consumption by a staggering 99%.

South Korean authorities are working with Interpol to issue a red-corner notice to bring Do Kwon to South Korea.

The accused named Nikhil Wahi used confidential information of future Coinbase listings and carried out insider trading activities.

MicroStrategy is considering $500 million worth of stock sale and use the funds in buying more Bitcoins as part of its corporate treasury.

Upcoming U.S. inflation data and the Merge event could bring more volatility in the crypto space this week.

The report from White House states that crypto miners put added stress on the power grids leading to fire hazards, blackouts, and equipment deterioration.

Coinbase joins the fight against banning Tornado Cash stating that Treasury’s actions are beyond their legal scope.

The RBI has partnered with U.S-based fintech firm FIS which will advise the central bank on the use cases of CBDC.

MicroStrategy is reportedly working on a solution to allow companies “open Lightning wallets for 10 million customers overnight.”

The scheduled launch of El Salvador Bitcoin Bonds could be delayed to the end of the year. El Salvador is expected to pass the digital securities bill this month.

Mt. Gox said that the restriction reference period starts on September 15 during which "the assignment, transfer or succession, provision as collateral, or disposition by other means of rehabilitation claims are prohibited”.

FBI notes that out of $1.3 billion lost in crypto thefts between January to March 2022, 97 percent of them have been stolen from the DeFi platforms.

The central bank of Singapore said that investors have “irrationally oblivious” to the risks of crypto trading despite regular warnings and measures.

The $50 million fund from Symbolic Capital will target "pioneering web3 applications”. It differentiate itself by utilizing a data platform to support its portfolio companies and even guide its upcoming investments.

Tether said that that unilaterally freezing such smart contract or wallet addresses could be a disruptive and reckless move. They would act only after specific request by law enforcement.

Samsung seeks to grab a pie of the crypto market as South Korea’s FSC works on promoting the ‘Virtual Currency (Cryptocurrency) Business Rights Act’.

After successfully conducting domain name auctions, Telegram is now willing launch username auctions through decentralized smart contracts.

As the floor price of BAYC NFTs drop, it risks of major liquidation taking place on peer-to-peer BenDAO platform since these NFTs serve as collateral against the borrowed ETH.

The broader crypto market has also tanked a sharp 8% and is just floating above the $1 trillion mark.