Fear and Greed Index Pulls Back After Hitting ‘Greediest’ Level Since Late 2021

The index, which measures the current sentiment in the crypto market, reached its highest point since 2021 last week hitting a rating of 68.Source

Staking Protocol EigenLayer Raises $50M Amid Crypto Winter

Blockchain Capital led the round for the solution that allows Ethereum stakers to reuse those tokens.Source

First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard

Are bitcoin traders shrugging off the CFTC’s action against Binance? Or is there just not enough liquidity to go around?Source

Binance CEO Zhao Calls CFTC Suit an ‘Incomplete Recitation of Facts’

In a blog post, Changpeng Zhao wrote that the company did not agree with “the characterization of many of the issues, and touted the exchange’s compliance technology. He also wrote that he had only two Binance accounts.Source

Judge Puts Voyager Sale to Binance.US on Hold Pending Government Appeal

A federal judge paused Voyager’s efforts to sell its assets to Binance.US in response to the U.S. government’s filing for an emergency stay.Source

UK Treasury Cancels Plans for Government-Backed NFT

Initially proposed in April 2022, the Royal Mint’s plans for an NFT are not moving forward “at this time” but the proposal will remain under review.Source

Macro Is Back to Moving the Digital Asset Markets

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Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients

The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval.Source

Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance

BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%.Source

Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’

If the U.S. were to design a digital dollar that protects the privacy of its users and is free of surveillance tools, it could reach mass adoption, the Digital Dollar Project co-founder said.Source