U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy

A Delaware bankruptcy court judge denied a motion to appoint a neutral examiner to avoid a lengthy and costly investigation that would slow the progress of the bankruptcy proceedings.Source

StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure

LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares.Source

Indian Authorities Asked to Restore Crypto Exchanges’ Access to UPI

India’s government and central bank have received proposals asking to restore access of the Unified Payments Interface (UPI), a widely popular real-time payment system, to the crypto industry.Source

Axie Infinity’s Token Jumps 12% After Firm Lists Game on Apple App Store

The dollar valued locked in the open futures contracts tied to AXS has surged to highest since February, signaling an influx of new money into the market.Source

China’s Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes

NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies.Source

Axie Infinity Game Launches on Apple App Store In Key Markets

The card-based strategy game Axie Infinity: Origins will first launch across Latin America and Asia as it continues its global expansion.Source

Dogecoin’s Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced

Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week.Source

First Mover Asia: Crypto’s Rotating Profits

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DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says

The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrencySource

Justin Sun Says Huobi Founder Li Lin’s Brother Acquired HT Token for Free and Cashed Out

Tron founder blockchain and Huobi stakeholder Justin Sun has lodged a series of accusations against the brother of Huobi founder Li Lin, alleging that he acquired Huobi’s native token (HT) “abnormally” at zero cost and sold it for “huge amounts of cash.”Source