Page 1751 – Stay sly and hodl

Nike’s Web3 Platform .SWOOSH Will Reward Creators for Virtual Sneaker Designs

The global sportswear brand is offering a $5,000 cash prize and a chance to collaborate with Nike designers on a one-of-one virtual sneaker.

What You Need to Know About Crypto Regulation in Hong Kong, Singapore, Japan

Asia’s biggest financial centers seem eager to encourage the growth of the crypto industry while protecting consumers and preventing contagion if things go wrong.

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.

Binance 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.

First 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.

Coinbase 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.

Ex-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.”

Crypto Exchange Mango Markets Sues Exploiter for $47M in Damages

Mango Market wants its money back.

Elizabeth 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.

FTX 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.