Crypto Markets Today: Layer 1 Blockchain Token Aptos Reaches Record High
Also: Most major cryptos were in the red, but Axie Infinity’s AXS token continued to rally. Equity indexes were flat.
Read MoreBinance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement
BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko.
Read MoreFirst Mover Asia: Bitcoin Tops $23.7K in Wednesday Comeback
The largest cryptocurrency by market capitalization regained ground lost in a late Tuesday swoon. ALSO: Laguna Labs CEO Stefan Rust discusses Genesis and bitcoin’s short-term prospects in a CoinDesk Q&A.
Read MoreCoinbase Fined $3.6M by Dutch Regulator for Failure to Register
The exchange contravened Dutch law by providing crypto services without registering, the central bank said.
Read MoreEx-UK Chancellor Philip Hammond Urges Accelerated Efforts to Become Crypto Hub: FT
Hammond, chair of custody company Copper, said the U.K. is falling behind neighboring countries and needs to accept “measured risk.”
Read MoreCrypto Exchange Mango Markets Sues Exploiter for $47M in Damages
Mango Market wants its money back.
Read MoreElizabeth Warren Praises SEC Chief Gensler, Slams Crypto Lobby
The U.S. Securities and Exchange Commission has been “loud and clear” that crypto doesn’t get a “pass” from longstanding consumer protection laws, she said.
Read MoreFTX Owes Money to Netflix, Binance, Wall Street Journal, Filing Shows
Lawyers for the bankrupt crypto exchange have published an extensive list of creditors that include media companies, airlines, universities and charities.
Read MoreCrypto Long & Short: Bitcoin’s Hedge Potential
Bitcoin can be viewed as protection from inept central banks (and, yes, a tool for speculation, too).
Read MoreIndonesia Regulatory Switch Could See Crypto Classed as Securities, Not Commodities
A new law in Indonesia not only changes the crypto regulatory environment, it could also broaden the industry’s development in the country.
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