Crypto Lender Genesis Amends Reorganization Plan as Mediated Talks Continue

The updated plan from mediated discussions with parent company DCG reflects “substantial agreement” on several key issues.Source

Bitmain’s S19 Bitcoin Miners Account for Bulk of Network Hashrate, Says New Research

The bitcoin network’s energy efficiency has improved dramatically in the past five years.Source

FEWOCiOUS and Adidas Team Up on Digital and Physical NFT Sneakers

The Adidas Originals x Fewocious collection includes an NFT and a physical Adidas Originals Campus 00’s sneaker designed by the 20-year-old artist.Source

Snoop Dogg Drops New NFTs That Evolve With His Tour

The Snoop Dogg Passport Series NFT will evolve over time as the rapper embarks on a tour this summer.Source

Bitcoin Miners Transfer $174M Worth of Coins to Exchanges in Two Weeks

The 14-day average of miner transfers to exchanges has increased sharply to 489.26 BTC, the highest since March 2021, according to Glassnode.Source

Why the XRP Army Keeps Fighting

XRP’s uber-passionate supporters believe the SEC unfairly targeted Ripple for securities violations while mysteriously giving Ethereum a free pass. Do they have a point?Source

House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass

House Republicans Patrick McHenry and GT Thompson face a central problem drafting their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips.Source

Bitstamp, Interactive Brokers Join UK Crypto Register as First Additions in 6 Months

The two are the first companies added by the Financial Conduct Authority to the crypto register in six months.Source

Guy Fieri and Sammy Hagar Launch Web3 Tequila Loyalty Program

The Santo Spirits Club loyalty program will reward members with tiered perks, including an opportunity to win a virtual tequila tasting with Hagar and Fieri, as well as autographed guitars.Source

BitGo’s Suit Against Galaxy Digital Over Canceled $1.2B Purchase Dismissed by Delaware Judge

Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market.Source