French Regulator Floats ‘Fast-Track’ Registration for Incumbents as MiCA Rules Bed in

EU countries are making the transition to a tough new crypto regime set by Brussels.Source

Wrapped Bitcoin Token Goes Live on Cardano Testnet

The anetaBTC project aims to attract bitcoin liquidity to the Cardano ecosystem.Source

Declining Bitcoin-Ether Correlation Could Impact Crypto Investors’ Hedging Strategies: Coinbase

From a fundamental perspective the weaker correlation supports diversification arguments in favor of holding both BTC and ETH, the report said.Source

Crypto’s Path to Wall Street Could Get Easier With New Plumbing

The FIX Protocol has added support for the Digital Token Identifier (DTI) to simplify and standardize communication for trading digital assets.Source

First Mover Asia: What’s Next After Bitcoin’s Retreat

ALSO: CoinDesk columnist David Morris writes that Taylor Swift’s avoided the embarrassment of striking a business deal with embattled crypto exchange FTX by reportedly asking the type of common-sense questions that should be part of any business negotiation.Source

Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Copyright

Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruledSource

Gemini to Open a Crypto Derivatives Platform Outside the U.S.

Gemini Foundation’s first product will be a perpetual bitcoin (BTC) contract, the company said late Friday.Source

Ether Erases All Gains From Shanghai Rally as Bitcoin, Other Crypto Prices Also Fall

The second largest cryptocurrency by market capitalization has dropped to its lowest since April 9, CoinDesk data shows.Source

Ava Labs CEO Calls for Crypto Regulators Who Can Read and Audit Code

Emin Gun Sirer, who also weighed in on zero-knowledge proofs (ZKPs), was addressing the annual Cornell Blockchain conference on New York City’s Roosevelt Island.Source

Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

Largest staking platforms for institutional investors recorded three times more new deposits than last month, early data shows.Source