Pepe Coin’s Top Bull Also Has Millions in Shiba Inu, but Holdings Suggest Risk for Traders
Millions worth of pepe tokens are held by a small number of wallets, with one such wallet seemingly a memecoin bull.Source
Gibraltar Court Orders Crypto Wallet Freezes as Investigators Probe Failed Trader Globix: FT
A Gibraltar court has ordered Binance, Crypto.com, Bitstamp and Kraken to freeze wallets or identify owners linked to the collapsed crypto trader.Source
Bitcoin’s 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback
A break below the average would call into question the bull market’s strength, one analyst said.Source
First Mover Asia: Crypto Flat as Markets Await Tech Earnings
ALSO: Although Do Kwon is in a lot of trouble, his lawyers have raised a legitimate issue about crypto regulation in the U.S, and the SEC’s quest for unlimited jurisdiction over the asset class.Source
Coinbase Asks for Court to Force SEC Response to 2022 Rulemaking Petition
The filing is a preemptive move by the crypto exchange to argue that the SEC’s approach doesn’t provide sufficient regulatory guidance for U.S. crypto firms.Source
Decentralized Exchange GMX Connects to Chainlink’s Low-Latency Oracles Following Community Vote
Arbitrum-based decentralized exchange GMX will connect its platform to Chainlink’s low-latency pricing oracles following a unanimous governance vote.Source
Ethereum Shanghai Upgrade Brings Record Inflow of 572k ETH Staked in a Week
The influx into ETH staking was mainly driven by deposits from institutional staking platforms and reinvesting rewards, crypto analysts said.Source
Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows
TVL soared past $10 billion on the Ethereum blockchain earlier this month before dipping as crypto prices swooned. Arbitrum dominates the layer 2 scaling landscape by market share.Source
Crypto Exchange Binance Is Back in Russia, Lifts Restrictions on Russian Users: Report
Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions.Source
Bitcoin Posts Biggest Weekly Loss in Five Months as Dollar Liquidity Declines, Debt Ceiling Fears Return
The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week.Source