Sei, Blockchain Designed for Trading, Goes Live but ‘Frustration’ Mounts Over Airdrop

The buzzy blockchain project’s SEI token saw a flurry of trading as it debuted on several crypto exchanges Wednesday, but there was much confusion over the status of a promised token “airdrop” to early adopters of the network.Source

PayPal to Stop Crypto Purchases in UK Until 2024

Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing new rules by the country’s financial regulator.Source

The End of the End of Crypto

Source

Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval

Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.Source

In Canada, Spot Bitcoin ETFs Have Been Working for Years

Gorast Tasevski and Haan Palcu-Chang of Purpose Investments share thoughts about bitcoin ETFs – and Canada.Source

Why Crypto Investors Should Care About Tokenomics: Crypto Long & Short

Perceptions of token issuance by projects have changed dramatically during the crypto winter.Source

The Machine Economy and the Convergence of Web3, AI and Fintech

Fintech, Web3, and artificial intelligence are one economic whole, and our ability to grow each relies on their deep synthesis, says Lex Sokolin, founder of Web3 investment fund Generative Ventures.Source

Crypto Mining Gets Its Own Lobbying Voice in Washington

Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the next steps in crypto regulation.Source

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

A sharp mid-afternoon selloff upended what had been a quiet Tuesday in cryptocurrencies.Source

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto.Source