What’s Poppin’?
A U.S. district judge referred the two parties to a magistrate judge to work out a compromise agreement.
The SEC sees no reason to “bind itself to a specific deadline” but said it would be in a position to respond to Coinbase’s rulemaking petition in four months.
The Binance chief refuted claims that the crypto exchange had manipulated the market to inflate the price of BNB.
Version 4 of the decentralized exchange will introduce customizable liquidity, improved architecture and gas savings.
On the Pod…
Daily Bits…✍️✍️✍️
🏝️ The Bahamas Supreme Court granted FTX founder Sam Bankman-Fried permission to contest additional charges brought against him in the U.S., creating an additional delay in his extradition proceedings.
💻 North Korean syndicate, Lazarus Group, siphoned over $100 million in a hack targeting Atomic Wallet, according to blockchain analytics firm Elliptic.
🏦 Bittrex U.S., the American subsidiary of the bankrupt cryptocurrency exchange, was granted permission by a Delaware bankruptcy court to enable customer withdrawals starting Thursday.
📉 Banq, a division of crypto custodian Prime Trust, declared bankruptcy in a Nevada district court, citing assets of around $17.72 million and liabilities of $5.4 million.
🔍 Ripple demanded a new investigation into former SEC Division of Corporation Finance director, William Hinman, following the release of documents related to a controversial 2018 speech about cryptocurrency regulations. The documents also revealed that Hinman intended to discuss with Ethereum cofounder Vitalik Buterin to affirm his belief that ETH wasn't a security.
💼 Bankrupt crypto lender Genesis submitted an updated reorganization plan amid ongoing negotiations concerning the funds it is owed by its parent company, Digital Currency Group (DCG).
💵 The U.S. Treasury Department is evaluating privacy-enhancing technologies and methods to ensure transactional privacy in digital dollars, despite potential risks such as bank runs.
🔐 Crypto investment platform Finblox started offering returns on tokenized U.S. Treasury bills to investors who hold Circle’s USDC stablecoin, further integrating traditional finance and digital assets.
Today in Crypto Adoption...
📈 The Financial Conduct Authority (FCA) of the UK approved crypto exchange Bitstamp and trading company Interactive Brokers, marking the first such approvals in six months.
👟 Global brand Adidas is collaborating with digital artist Fewocious to launch the Adidas Originals Campus 00s sneakers, available through an NFT redemption pass.
Unchained Daily is brought to you by ICON.
Bringing next-gen interoperability to multiple cross-chain protocols.
What are ICON's BTP and xCall service?
What Do You Meme?
Learn 🤓
A crypto pair trading strategy enables trades to place market-neutral positions to potentially generate returns regardless of the market direction.
📈 Your Market Update 📉
BTC is down .6%, trading at $25,952
ETH is down .2%, trading at $1,746
BTC dominance: 45.78%
Crypto market cap: $1.1 trillion
*All data as of today, 6:00 am ET
Recommended Reads
Gabriel Shapiro, general counsel at Delphi Labs, on the Hinman emails
On Unchained Premium
⛓️ Join Unchained Premium to get access to:
🎙️ Behind-the-scenes interviews, in which I talk with crypto experts and entrepreneurs to learn all about the latest developments in the industry.
💬 A subscriber-only Telegram group, where you can talk with the other members of the Unchained community, build a network in crypto, and talk directly with me and the Unchained team!
📰 Transcripts of all the shows, for subscribers only.
Safeguard your crypto accounts and communications with Proton Mail. Join 100M+ people who secure their emails with end-to-end encryption and advanced tracking and phishing protections.
If You Like What You Read:
👯♀️ share Unchained with a friend
🎧 subscribe to Unchained on YouTube, Apple Podcasts, Spotify, Google Podcasts, Pandora or wherever you get your podcasts
and/or 📚buy my book, The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze
