Newsletter Aug 12, 2022
Democrats Propose Restricting Banks From Crypto-Related Activities

The senators said that OCC's actions on crypto "may have exposed the banking system to unnecessary risk."
Why Disney Is Backing This Cryptocurrency And You Should, Too

Even in a bear market, Polygon has garnered attention from one of the most popular companies in the world.
Taiwan To Use IFPS Technology For Security Reasons

Taiwan will make use of InterPlanetary File System (IPFS) to boost its cybersecurity defenses and safeguard its infrastructure.
Robinhood Ordered To Face Market Manipulation Claims; Meme-Stock Investors Get Nod To File Lawsuit

Robinhood must face market manipulation claims over trading restrictions it imposed during last year's meme stocks rally, a U.S. District Court Judge said.
Crypto On Aug. 12: Bitcoin Loses $24,000, Ether Retains $1,800

The crypto market turned bearish after Thursday's huge gains and the traders seemed to be capitalizing on their profits.
Opensea Says Its Policies Were designed With US Laws In Mind

OpenSea admitted it is "not perfect" and noted that the "fairest approach is to change this policy on a go-forward basis only."
Mark Cuban Faces Class-Action Lawsuit For Promoting Voyager

Mark Cuban and his team Dallas Mavericks, along with Voyager Digital CEO Stephen Ehrlich, are named defendants in a class-action complaint
The Tentative Date For Ethereum Merge Is Here

Following the completion of all the testnets, the core developers have released a tentative for the Ethereum Merge.
BlackRock Debuts A Private Bitcoin Trust For Investors

BlackRock has announced a new private trust that will offer clients direct access to spot prices of Bitcoin.
Coinbase Crypto-Staking Programs, Crypto Yield Under SEC Probe

Coinbase said that it received a voluntary request for information from the SEC in May but was unaware if the said inquiry would turn into a formal investigation.
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