U.S. Court Will Rule on Terraform Labs’ Push to Dismiss SEC Lawsuit Within a Month
Was UST a security because it was designed for practical uses rather than as an investment?Source
First Mover Asia: Hong Kong as Crypto Hub? The City’s Strict Banking Requirements May Be an Obstacle
A Hong Kong-based entrepreneur says that while the digital assets regulation is “overall friendly,” banking regulations will make the industry’s growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.Source
Aave’s Decentralized Social Media Platform Lens Protocol Releases New Governance Model
Lens Improvement Proposals (LIPs), which is inspired by Ethereum and Aave, is an attempt to create a framework for developers, creators and users to participate and have a voice in the decision-making process of Len’s future development.Source
Unveiling the Uniswap Foundation’s Bridge Report: Winners and Losers
Wormhole and Axelar take top honors after a months-long assessment process aimed at addressing concerns with Uniswap’s previous bridge selection practices.Source
Crypto Trading Volumes Drop in Q2 to Yearly Lows
Bitcoin, the world’s largest cryptocurrency, lost the most market share of trading volume in the second quarter of this year.Source
Coinbase CEO Brian Armstrong’s ResearchHub Startup Raises $5M in Funding
The Series A round was led by Open Source Software Capital with participation from Boost VC, RedHat’s Bob Young and others.Source
Former FTX Ventures Head Amy Wu Joins Menlo Ventures
The 47-year-old firm has $5 billion in assets and has backed the likes of Uber and Roku.Source
EU to Consult on Crypto Complaints, Conflict of Interest Rules in July
The bloc’s securities-market authority ESMA is to fill in the details of the flagship crypto law MiCASource
BlackRock Close to Filing for Bitcoin ETF Application: Source
BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the source said.Source
Polkadot Revamps Governance System, Removes ‘First Class Citizen’ Voting Groups
The new Polkadot OpenGov system allows multiple voting tracks to take place simultaneously without bottlenecks.Source