UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith
His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.
Financial
Bitcoin Spot ETFs Will Introduce Crypto to Broader Investor Base: Coinbase
Spot ETFs are likely to lay the foundation for a more regulated market, with greater inclusion and a significant growth in demand, the report said.
FTX Linked Wallets Shift $13.5M SOL as Solana Rally Takes a Breather
SOL prices have risen 150% in the past month, making it the top-performing major cryptocurrency.
XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings
XRP prices jumped to 73 cents from 65 cents in 25 minutes after a tweet suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S.
Crypto.com Wins Digital Asset License in Dubai
Crypto.com completed its licensing process in Singapore in June.
Tokenized Cash Fintech Fnality Raises $95M Led by Goldman and BNP Paribas
DTCC, Euroclear, Nomura and WisdomTree also participated in the Series B funding round.
Solana, Avalanche, Chainlink Tumble 8%-12% as Crypto Rally Cools Amid Fake BlackRock XRP Trust Filing
Some analysts have warned that recent gains for crypto left markets vulnerable to a pullback.
Lens, Aave’s Decentralized Social Media Platform, Launches Major Upgrade on Polygon
The open source protocol spearheaded by DeFi giant Stani Kulechov has released a bevy of new monetization features.
Bogus BlackRock XRP Filing Spoofs ETF Watchers, Crypto Traders
The fake filing sent XRP higher by more than 10% before the token gave back those gains.
Crypto Tax Proposal Open for Revision, IRS Officials’ Questions Suggest
Federal officials heard Monday from the industry on the mayhem the U.S. crypto tax proposal could cause, but the most valuable revelations may have been what they asked about.