Binance Announces Exit from Canada, Citing Regulatory Tensions
The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.Source
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.Source
Staking Platform Agility Soared After Ethereum’s Shapella Upgrade, but It’s Suffered Ever Since
Key metrics like total value locked (TVL) and the price of its AGI token have tumbled recently, following their post-Shapella runup.Source
Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours
Finality refers to the guarantee that a block cannot be altered and removed from the Ethereum blockchain.Source
MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.Source
Bitcoin Loses 10% on the Week as Memecoins Tumble
Among the memecoins sliding was PEPE, which lost over 60% over the last 7 days.Source
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.”Source
Musk’s Milady Meme, Opening Up Ordinals
Miladys NFTs saw a brief pump after Elon Musk tweeted about them and Binance is making it easier for people to buy Bitcoin NFTs.Source
Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s
Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.Source
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.Source